Topic: When a project don't hit their softcap , they don't distribute bounty tokens? - page 2. (Read 772 times)
March 19, 2019, 07:09:23 AM
there are some projects that continue to share their tokens even though the soft cap is not reached and their tokens are also useless. so the point is the same as the project that does not distribute their coins because they actually do not provide benefits to the participants.
March 19, 2019, 06:52:19 AM
As already well known, when a project does not reach the sales target or half the sale, the project will not pay the bounty participant and will return the investment funds to the investor.
Not all projects that do not achieve soft cap do not pay, there are also those who pay by extending the sale of their tokens.
My experience is getting tokens that don't reach soft cap but are listed on low-volume exchanges.
Even tokens only decorate my wallet without being valuable.
Not all projects that do not achieve soft cap do not pay, there are also those who pay by extending the sale of their tokens.
My experience is getting tokens that don't reach soft cap but are listed on low-volume exchanges.
Even tokens only decorate my wallet without being valuable.
March 19, 2019, 06:42:54 AM
let alone not achieving a soft cap, even sometimes the hard cap reached but distribution has not been achieved. I think everything depends on the ico team itself.
If the project fails to reach the softcap, the duration is extended several times, and if the result does not change, the project will be canceled. And this continues with the refund of the investors' money. As a bounty reward, nothing is given. March 19, 2019, 06:39:19 AM
As a rule - no. A project that did not collect the minimum required level of funding does not distribute tokens to members of the bounty. And also returns all the funds to all investors. (This is for the case of an honest project, not a fraudulent one)
March 19, 2019, 05:49:29 AM
let alone not achieving a soft cap, even sometimes the hard cap reached but distribution has not been achieved. I think everything depends on the ico team itself.
March 15, 2019, 02:56:16 AM
Tokens will not be distributed and part of the funds from investors will be returned. Fundraising is very important because with the funds collected. will be used to finance all developments. Not all ICOs can reach the target because everything depends on the performance of the Development Team.
March 15, 2019, 02:49:46 AM
No, I'm not. Now there are a lot of ICO projects that fail to collect soft cap, but this does not prevent them from continuing their development and distributing bounty tokens to hunters. The main thing is that the project has an innovative idea and the team's desire to develop the project.
March 04, 2019, 12:42:25 PM
When projects don't hit soft cap, they tend to suspend development and focus more on marketing or developing their products before relaunching. If they distribute tokens, then, there is a tendency that such tokens will be useless since, they won't make their way to the exchanges or even find applications anywhere else.
March 04, 2019, 12:29:40 PM
Yes, it is correct.
When the projects does not meet their fund raising goals (reaching the soft cap) then they cancel the sale and refund the investors.
Bounty hunters also not getting any reward in such case.
Some projects prolong the sale period and try to reach the soft cap if possible.
When the projects does not meet their fund raising goals (reaching the soft cap) then they cancel the sale and refund the investors.
Bounty hunters also not getting any reward in such case.
Some projects prolong the sale period and try to reach the soft cap if possible.
March 04, 2019, 07:00:26 AM
When a project don't hit their softcap , they don't distribute bounty tokens?
Not all ICO Xera is one example they claim they did not reach their soft cap but they still distribute their token and decided that they will continue their exchange, it's hard to create a platform that is short of funding so I am following them to see if they can fulfill their promise.
March 04, 2019, 06:07:26 AM
Yes, it's true. If the project does not collect softcap, then it is considered a failure and he has nothing to pay bounty hunters.
March 04, 2019, 05:49:48 AM
And what is there to distribute, are you also willing to hold a useless coin in your wallet, project who stop for not seeing enough through their ico are majorly Scams, their initial motive is to get away with people's money, good project will continue no matter what.
March 04, 2019, 05:43:35 AM
In general, yes
ICO did not reach the softcap so the bounty did not get paid, even though they paid for it but the development of the project would stop midway because they did not have enough funds to finance it.
ICO did not reach the softcap so the bounty did not get paid, even though they paid for it but the development of the project would stop midway because they did not have enough funds to finance it.
March 04, 2019, 05:35:59 AM
When a project don't hit their softcap , they don't distribute bounty tokens?
It does not always apply as it depends on the type of project
Some projects make enough money from pre sales that even if ico don’t reach softcap
They still have enough funds to develop the project
But it still depends on if the project refunds investors or continue with development
January 19, 2019, 11:35:38 PM
When a project don't hit their softcap , they don't distribute bounty tokens?
When thay don't gain the softcap that they originally set out, they may give up and there are many projects have been died like this and definitely bounty hunters will can not receive anything
January 19, 2019, 11:32:56 PM
When getting project don't hit their soft cap all of investor money will refund and bounty campaign will paused and closed because they could not pay bounty campaign participants, you have forget and trying at other bounty campaign.
January 19, 2019, 11:22:59 PM
If preject dont reach soft cap, they dont continue developing project at that moment.
Why you need tokens which never hit any exchange
Why you need tokens which never hit any exchange
January 19, 2019, 11:17:35 PM
When a project don't hit their softcap , they don't distribute bounty tokens?
Yes that's quite the sad truth, so when we will going to support a project, it is good to choose those who are already established. So, the chance is good to hit the softcap and even the hardcap in the market.
January 19, 2019, 11:05:40 PM
Most projects will be canceled when softcap is not achieved, so bounty will not receive anything, I think it is normal risk.
January 19, 2019, 11:04:34 PM
i think they will still pay the bounty hunters and they will receive small amount of it.
That actually depends on the project. Some will still distribute the tokens earned by bounty hunters though there is no guarantee that tokens will have some value as there is a strong probability that the project can be shelved for lack of funding though there are those that will still continue (very rare). The main reason why a project is going ICO is to raise funds and if they fail to generate the much needed interest and investment then there can be a big problem. This is one of the many risks bounty hunters are always facing. No wonder many have already left doing bounty focusing their time and energy to something else.
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