Topic: What is your general sentiment on soft-caps for ICO's? - page 5. (Read 782 times)
Bitcoin didn't collect anything to start, it only need support from dedicated individuals who has the passion for the technology. Right now its more of money even when all the technology they need are at hand, the only that were create was a smart contract. But if they already have the beta version of their product, why do they need some funds or soft cap when they have started it already?
Is it necessary for an ICO to have soft-cap or does it show a sign of weakness and missing confidence?
Normally if a project have declared soft cap it is stipulated that the amount raised reaching tis state can support and continue with the development of the project. Hard cap is just a bonus for additional expenses from the development of the project. Soft cap is the indicator how much money at least they need to move on with it. Without reaching it, compromise stuff will rise from it.
To me, it is needed because it creates a form of confidence and transparency in a project. A well-structured project should have the minimum amount of contribution needed for project startup. Softcap give an indication of what likely to expect from project by investors during the stage. It is not new that many investors already know that if a project do not make the softcap, it is likely for such a project to be discontinued and probably return back contributors money. many ico that do not have softcap are majorly already existing project that wants to introduce a product or services to already existing ones
Softcap is a must for all ICO that depends entirely on funds and only few ICOs supports private funds and I will always support projects that have private funds just in case they never meet softcap
I think that ICO should definitely have softcap. And this is not a sign of weakness. On the contrary, it shows that the project has calculated the options, knows what it really needs and how to achieve it.
Is it necessary for an ICO to have soft-cap or does it show a sign of weakness and missing confidence?
If there is no softcap, that means there is no target. Softcap usually comes from the target you made.
For examples if you targeting 5 months later your company will make some good products, how much funds will be required.
Is it necessary for an ICO to have soft-cap or does it show a sign of weakness and missing confidence?
The difference is that the project will be able to develop at a faster pace because for the development as we all know we need money and a good team of developers, it is also important that the project has good marketing. The faster the project develops, the higher the price of tokens will be. 
In my opinion, Soft Cap is very important for every ICO project. We can find out how far this project works for fundraising. Many projects failed because they did not reach the Soft Cap target. If the Soft Cap is achieved, of course, they will pursue the sale of tokens to a hard cap.
Is it necessary for an ICO to have soft-cap or does it show a sign of weakness and missing confidence?
If there is no softcap, that means there is no target. Softcap usually comes from the target you made.
For examples if you targeting 5 months later your company will make some good products, how much funds will be required.
I can predict that we will see many projects with much lower softcaps in the future. Even such with softcaps under 1M USD.
The hype and bullish sentiment made possible these insane valuations and fundraise amounts. The next will be more realistic.
The hype and bullish sentiment made possible these insane valuations and fundraise amounts. The next will be more realistic.
Is it necessary for an ICO to have soft-cap or does it show a sign of weakness and missing confidence?
I think it is necessary because it can give an idea about how the sales is going and if they can't reach even the market cap they will stop their projects that is why they are having it. Is it necessary for an ICO to have soft-cap or does it show a sign of weakness and missing confidence?
Softcap is not a sign of weakness for a project, that is the minimum step needed for the project to keep on running even slowly.So when the project reach more than the softcap or even reaching the hardcap, then the project would be able to be developed even faster.
My general sentiment is that you have to select ICo with a small soft cap and small hard cap, because in this case there is much more chances to get X ROI . It is what each investor is seeking for!
it will determine whether ICC will be successful or not. usually if ico reaches the soft-stamp target in a short time, and then adds the hard-stamp target, and extends the duration of the bounty again, then ico can be a big success.
Is it necessary for an ICO to have soft-cap or does it show a sign of weakness and missing confidence?
It's necessary so investors will know if the project will continue when they reach the minimum funding, it's a bonus if they reached the hard cap it guarantees that the project and roadmap will go on, and they have enough funds to do it.
Is it necessary for an ICO to have soft-cap or does it show a sign of weakness and missing confidence?
Without a soft cap, any project can take money from investors even if it is a potential project or a scam. That makes investors continue to be a prey for scam projects if everyone thinks like you are soft-cap, making it a less confident sign.
Softcap wasn't really necessary in good old days because people raised alot of money and ICOs were quite few.
Raising funds is becoming too difficult today, which is why the softcap has become necessary.
Raising funds is becoming too difficult today, which is why the softcap has become necessary.
Is it necessary for an ICO to have soft-cap or does it show a sign of weakness and missing confidence?
There are a lot of things needs to be considered when a project is not able to reach soft cap and then the hard cap.Because, there are a lot of reasons could be behind this scenario like devs might have set some unrealistic target for their ICO and the another reason might be obviously investors may not be interested nor not get convinced with that project to invest with them.
When devs are not realistic about their target cap setting then that also must be a weak point about them and their capability. They must be capable of foreseeing the future of their product and studying market for that only will help them to eliminate such mistakes.
softcap for ico was not really necessary if their product almost completed. because its basic to only invest on ICO that at least have MVP (Minimum Viable Product). project only need the required amount to list the token on market. as for paying their member they would gain income from people that use their platform.
in short high softcap only gobto the dev pocket so stay away from it.
in short high softcap only gobto the dev pocket so stay away from it.
Softcap is the minimum amount of money a project can receive from investors, most of the project must set a soft cap because they need a minimum development funds to launch the project, that's not mean weakness or anything else.
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