Topic: What is your general sentiment on soft-caps for ICO's? - page 3. (Read 846 times)
Yes I think its a must for ICO projects to reach softcap at least for any further development to take place but lately due to scam projects plaguing the ICO space I prefer to follow and invest in projects with private funds they seem more serious and willing to make there projects launched even if it ever face bad market fund from public investors
Is it necessary for an ICO to have soft-cap or does it show a sign of weakness and missing confidence?
As a rule, many projects install soft cap for their ICO campaigns. However, I think this is an indicator of the uncertainty of the development team in their idea.
Those developers who are confident in their project will develop it with any amount of investment.
Is it necessary for an ICO to have soft-cap or does it show a sign of weakness and missing confidence?
of course every project must have a soft target, because they need money to rent a place and also may pay a lot of necessities. because of that they held a crowdfunding.
Is it necessary for an ICO to have soft-cap or does it show a sign of weakness and missing confidence?
Definitely the soft cap is the trust and hope of a ICO project as most of the investors satisfy only if it reaches the soft cap. We can see lot of ICO scam projects where it will not even reach the soft cap and fail. And yes funding plays a vital role if it is a public sale.
Is it necessary for an ICO to have soft-cap or does it show a sign of weakness and missing confidence?
I believe that every ICO project will only show its good side in front of investors, which will benefit the success of the ICO project.
According to the current state of Affairs in the market, if the project has collected software cap, it can be considered successful. Now about 90% of the projects are fraud and soft cap is a sign of confidence in the project from investors. Therefore, I advise you to look at such ICO.
I think softcap is needed to increase investor confidence in the ICO project. Because investors will be very interested and start investing when an ICO project has reached the softcap.
Achievement of soft cap guarantees further development of the project. As you know, many projects have only an idea and for its implementation they need funds and the future will depend on the achievement of softcap or hardcap. Nevertheless, it is not a guarantee that the project will be able to implement its plans.
To achieve some of the objectives of the project need a minimum amount of money that set the developers. This amount is called soft cap. If this amount is not reached, the project can be considered as failed and unsuccessful.
These soft caps are way too high. Most can be done for around half a million dollars. It is just greed that requires them to request millions in unnecessary funding most of which won't go anywhere near it
When the project has large discrepancies in the amounts between Soft and Hard, this makes me very suspicious. Recently saw the project Soft 1m $, Hard 45m.These soft caps are way too high. Most can be done for around half a million dollars. It is just greed that requires them to request millions in unnecessary funding most of which won't go anywhere near it
When the project has large discrepancies in the amounts between Soft and Hard, this makes me very suspicious. Recently saw the project Soft 1m $, Hard 45m.
Today many bounty hunters are looking for projects whose sales have reached Soft Cap. Developers must work hard to be able to do fundraising. And to attract investors, this is certainly not easy. And if you can get a project where sales have reached Soft Cap, it is certainly very feasible to follow.
Is it necessary for an ICO to have soft-cap or does it show a sign of weakness and missing confidence?
Softcap actually is really important for developer itself. Because they must already plan their project for worst condition. I mean with softcap, it must include money that they will use for anything that not expected before. So they not face any serious problem when develop their project. 
Softcap is part of a marketing strategy to strengthen investor confidence in the project.
this is needed so that more investors are interested in investing. and ensure that the project runs well.
this is needed so that more investors are interested in investing. and ensure that the project runs well.
I think having a target soft cap is really much needed for an ICO to determined the future performance of the project which is their base line. Like if the soft cap will be easily be meet then probably their projects are feasible the masses in which it attract more people to invest then if the result is the opposite then probably they should stop and create a new plan for improvement.
Is it necessary for an ICO to have soft-cap or does it show a sign of weakness and missing confidence?
It is difficult to make a clear assessment as this is entirely dependent on the scope of the project and the market situation. For example, in today's conditions, many ICOs that make softcap would hardcap easily in a good season.
These soft caps are way too high. Most can be done for around half a million dollars. It is just greed that requires them to request millions in unnecessary funding most of which won't go anywhere near it
Is definitely a confidence thing since basically it determines whether the project goes on if they reach softcap or get cut down if they dont reach their target That means without that target within their range they wont continue the project and you get your money back Is a good way to show honesty, confidence and integrity
I think the success of an ico project does lie on its soft cap. Target soft cap shows that the project has the good outcome to be succeasful. It is the factor that the target budget allocation are reached, so in that case if an ico doesn't reached its soft cap then surely unsuccessful project.
In my opinion, Soft Cap is very important because it shows that this project is indeed real. Developers certainly try to raise funds and if they are able to achieve this, of course, this project can succeed. But you also have to check coin sales through wallet transactions.
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