When a project don't hit their softcap , they don't distribute bounty tokens? - page 5.

kotajikikox

full member

Activity: 2408

Merit: 213

★Bitvest.io★ Play Plinko or Invest!

Quote from: hmarra on August 05, 2018, 05:15:15 AM

When a project don't hit their softcap , they don't distribute bounty tokens?

Nothing use if the token distributed in th bounty hunters as payment because is useless the token is not goes into coinmarketcap and their are no value, but for me it's okay to sent useless token ayment from the failed ico bounty project i will keep it as my remembrance.

morendx_77

newbie

Activity: 560

Merit: 0

I think this is true fact based on this it is not possible that all ICO will hit soft caps also it means if the project can't not reach their goal then investor will be pay back.

BTCPair1000

newbie

Activity: 72

Merit: 0

If the soft cap isn't reach then that means the ICO hasn't managed to gather sufficient fund needed to start their project. In that case, all the investors who have already invested would be getting their coins/money back and yes, they don't distribute bounty tokens if the project itself is a failure.

kendra1107

full member

Activity: 476

Merit: 100

Quote from: hmarra on August 05, 2018, 05:15:15 AM

When a project don't hit their softcap , they don't distribute bounty tokens?

Softcap is the minimum amount for a project to continue its operation. If they reached it, then they will continue on to try reaching the hardcap. Without the softcap the project will seize to operate. In this case they will return all investments. There are cases where projects will extend their ICO with the goal of reaching the softcap. But this just takes too long as what many projects are now doing. Delays are now quite prominent in ICO's. But that's just how things are today.

GalahadSeika

full member

Activity: 179

Merit: 100

These are the two things that might happen, they either will not distribute it and give everybody who participated in ICO a refund. Or the second scenario is this, they will distribute it yes but they will reduce the bounty.

donhill

newbie

Activity: 168

Merit: 0

I don't think so. Because if ICO doesn't reach softcap, there is no problem with the distributing tokens. The team allots the tokens. ICO is the only platform which pays and give rewards to its investors.

JCO05

full member

Activity: 429

Merit: 100

Quote from: hmarra on August 05, 2018, 05:15:15 AM

When a project don't hit their softcap , they don't distribute bounty tokens?

Simply because that project is already a failed project once it didn't reach the minimum target sale of token or what they call "soft cap". Therefore, the project do not have something to distribute having the thoughts that it won't succeed in the future due to the failure in the crowdsale or maybe,it will be nonsense listing it in the market. So as investors and bounty hunters, we should accept the fact that such uncertainties are possible to happen.

croptodic

newbie

Activity: 350

Merit: 0

thank you very much for providing this updates , but I don't have much knowledge about these topic so as far I understand not evey ICO can achieve that position and it shouldn't be compulsory as well , if it offering the requirements of the investors then it should reach to softcap

cryptohopes

newbie

Activity: 126

Merit: 0

Yes, it is true. The distribution of bounty tokens depends on the succession of the project. If their project is not being able to hit the soft cap then all the invested money will be paid back. But you may still get token from some projects but most of them will be useless.

NyxAssasin

newbie

Activity: 83

Merit: 0

If the soft cap isn't reach then that means the ICO hasn't managed to gather sufficient fund needed to start their project. In that case, all the investors who have already invested would be getting their coins/money back and yes, they don't distribute bounty tokens if the project itself is a failure.

Ferris419

hero member

Activity: 1008

Merit: 501

Quote from: hmarra on August 05, 2018, 05:15:15 AM

When a project don't hit their softcap , they don't distribute bounty tokens?

That means that the ICO has failed. They will have to return the money to the investor if the team is legit. Or they will scam it. And of course the bounty hunters will also be scamed

Walter789

newbie

Activity: 210

Merit: 0

It's absolutely Yes when a bounty didn't met the softcap it will consider as a unsuccessful ICO or bounty campaign. Sometimes it was happened when a a particular bounty has a weakened developers or luck of good and smart personnel that composed the project. So the tendency of that is postponing or maybe they should stop the ICo or bounty campaign and that the reason why bounty participants didn't receive the token that they also expecting. It means theres no distributions of the token happen.

Dayx

full member

Activity: 602

Merit: 106

even if they distribute the token, only few of them would hit the market, and even when they hit the market, only few of them would makes the investor interested

CoinEraser

legendary

Activity: 1988

Merit: 1767

Quote from: hmarra on August 05, 2018, 05:15:15 AM

When a project don't hit their softcap , they don't distribute bounty tokens?

Normally this should be the case. The tokens are usually worthless if the project does not reach its softcap. Only rarely are the tokens paid off anyway. Wink

cryptolord5

newbie

Activity: 159

Merit: 0

Quote from: hmarra on August 05, 2018, 05:15:15 AM

When a project don't hit their softcap , they don't distribute bounty tokens?

it all depends on the project because there most of the project which i participated and they paid the bounty hunters but didn't hit there softcap although it was trading on forkdelta and etherdelta so after the payment i went strickly to that place to trade me token to any prefer crypto currency that i want.

mksundip

full member

Activity: 726

Merit: 100

indeed softcap becomes the benchmark or minimum standard that must be achieved in a project, otherwise they will return the funds to investors and the project is canceled

apyong

jr. member

Activity: 182

Merit: 1

Yes they will distribute the tokens if the softcap is not reached. The investors will be refunded for their initial investment and the bounty campaign will be put on pause or discontinue.

kier010

full member

Activity: 532

Merit: 100

they will not distribute the token if the project don't hit softcap. tokens have no uses so there is no value so it is completely useless. when project don't hit softcap it fail already.

JaoBadjap

full member

Activity: 532

Merit: 132

Quote from: hmarra on August 05, 2018, 05:15:15 AM

When a project don't hit their softcap , they don't distribute bounty tokens?

Sad to say, but yes.
when an ico did not meet its softcap.
the project falls. and so the token becomes useless.
but i have seen some project, that make it up to hunters.
by providing a little reward, not that much but to give some for there time.

samarabtc

newbie

Activity: 266

Merit: 0

There are many reason for not hit the soft cap. If a project is maintain all the factor to hit softcap that will be more beneficial.

Topic: When a project don't hit their softcap , they don't distribute bounty tokens? - page 5. (Read 719 times)