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Topic: What is your general sentiment on soft-caps for ICO's? - page 6. (Read 782 times)

member
Activity: 798
Merit: 38
To attract more investors, most ICOs these days, just prefer to first source out, by also going to investors, companies and some other persons offline to get them to invest in their projects, so that he project will not eventually fold up. In cases like these, the tokens are sold with huge bonus, but since they just have to meet up with their softcap and it is not really coming forth from the normal retail investors, they just have to get alternatives to remain relevant. So those that can't do it, might end up not being successful.
sr. member
Activity: 980
Merit: 261
Is it necessary for an ICO to have soft-cap or does it show a sign of weakness and missing confidence?

it is a normal situation for an ICO to have a soft cap because it is the basis that when an ICO softcap does not reach then the funds the has been raised will be returned to the investors, if the softcap reach that is the indication that the project will continue their roadmap.
sr. member
Activity: 2128
Merit: 259
Vave.com - Crypto Casino
Is it necessary for an ICO to have soft-cap or does it show a sign of weakness and missing confidence?
It's not necessary for an ico to have a softcap, there are some which not put any soft cap to their ico and they still can work properly used the minimum funds that raised from the crowdsale. The result will depend on the skill of the developer itself dude.
But i think definitely soft cap and hard cap is very important for every project. Although first of all project development is big deal than come to the next point soft cap i think. Without minimum funding how you can start project develop. Many skill and a lot of years experienced people cannot start for funding. In the rules of ico if soft cap is not reach we will consider this is fail project because minimum funding is not touch.                   
jr. member
Activity: 319
Merit: 1
Softcap is the most important thing for investors to reach it after investing it in different ico to make sure that the project have the minimum money to use for it.
legendary
Activity: 2520
Merit: 1721
Rollbit.com | Crypto Futures
Softcap is the minimum limit that must be achieved to build a successful ICO project.
if softcap is not achieved, funding for the project will be very difficult.
sr. member
Activity: 882
Merit: 254
It's a good question indeed, i never believed in thee Soft Cap & Hard Cap bullshit.
Why? simple because when i see the big difference between Soft Cap & Hard Cap i know that it's mostly total money Rip Off, sometimes you find a Soft Cap of $2M & the Hard Cap is $20M which is absurd, if $2M is enough why the hell making the Hard Cap 10x your Soft Cap !!!
legendary
Activity: 1232
Merit: 1247
Is it necessary for an ICO to have soft-cap or does it show a sign of weakness and missing confidence?

A softcap is necessary in any case.
The team needs to know the minimum amount needed to complete the project.
Unfortunately, there are many projects that set the softcap unrealistically high.
member
Activity: 360
Merit: 10
Is it necessary for an ICO to have soft-cap or does it show a sign of weakness and missing confidence?
for some ico it is very important to achieve softcap because their project depends on investor funds. if they don't reach their target most likely their project won't work
copper member
Activity: 168
Merit: 1
SIGMA by HYDRA X
Soft cap is necessary and it's not necessary.
The topic is subjective.
Some investors prefer an ico project that has reached softcap at the time they want to invest....to these set of investors,a project reaching softcap is an indication that it would do well in the long run.

Softcap not necessary because some projects are doing fine even without softcap.
sr. member
Activity: 1372
Merit: 268
Graphic & Motion Designer
I think Soft-cap necessary for investors, they need it to determine whether a Project reach the minimum amount of fund raised during the project. Most of ICOs that have soft-cap, when they do not reach the soft-cap they will determine that the ICO is failed and will return all the raised fund back to the investors. And then they will make an announcement that the ICO is failed, and the project will not continue. So, to summarize I think investor will have more trust in ICO that has a soft-cap.
sr. member
Activity: 1736
Merit: 306
what do you think? soft cap does not show the weakness of a project, and soft cap is the minimum fund to run the project if the targeted funds are not reached.
member
Activity: 258
Merit: 10
Is it necessary for an ICO to have soft-cap or does it show a sign of weakness and missing confidence?

I've seen a few projects that didn't succeed during the ICO (which couldn't catch the softcap). They tried to continue the project. But not all of them are currently running.

Projects that cannot capture Softcap are not easy to continue.
hero member
Activity: 3080
Merit: 970
www.Crypto.Games: Multiple coins, multiple games
How in the world does having a soft-cap imply that the project is showing some sort of weakness? People who think this is true need to get their brains checked.

Any project(crypto or non crypto related) needs startup funds in order to move things along which is why a clear goal(soft-cap, hard-cap, whitepaper, roadmap etc) help in executing the process in an organized manner.
hero member
Activity: 2282
Merit: 505
Is it necessary for an ICO to have soft-cap or does it show a sign of weakness and missing confidence?
It's not necessary for an ico to have a softcap, there are some which not put any soft cap to their ico and they still can work properly used the minimum funds that raised from the crowdsale. The result will depend on the skill of the developer itself dude.
member
Activity: 749
Merit: 13
The soft cap is the real goal of any ICO, it's the amount they need to launch their project, it's the money they really need. In any case, you could question the hard caps, especially those that are too high.
You right. But for now i dont really trust softcap and hardcap. Even softcap and hardcap reached they still lie to us. In 2018 im find project with hardcap reached but at this case they still scam us and manipulation their ICO amount. Token swap and they disappear.
sr. member
Activity: 812
Merit: 256
Yes, I think it is good for project to have soft cap to determine the minimum funding required to start the project. Not every project is able to hit the hard cap, so having a soft cap can help the project at least to start slowly.
member
Activity: 238
Merit: 37
I don't think is a sign of weakness for ICO to have softcap,to me is more like setting a target in order to achieve a purpose,setting a softcap will also help the community to know waht they want to invest.
hero member
Activity: 1176
Merit: 501
The soft cap is the real goal of any ICO, it's the amount they need to launch their project, it's the money they really need. In any case, you could question the hard caps, especially those that are too high.
hero member
Activity: 840
Merit: 516
Is it necessary for an ICO to have soft-cap or does it show a sign of weakness and missing confidence?
Though I don't like ICO, but i think the soft cap is necessary for further development. Lets say the dev of the projects come up with an idea and contribute funds for basic things like whitepaper, website development, they need the soft cap in order to continue development based on their roadmap before the main sales is done to raise the remaining funds for the entire projects.
full member
Activity: 854
Merit: 102
MoonDeFi
The question on soft cap is very non-standard, since it is a certain insurance for the project, the fact is that the project always calculates the minimum amount necessary for the initial development of the functional and this is a soft cap, of course, it is possible without it if the project does not set any goals but this is unlikely.
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