It cause by failed ICO itself, since start of the red market,
Most of us prefer to hold than investing in any currency
Due to the market falls ICO investor is also decrease in fear to not meet the ICO price after exchange. And thats what happened on ICO this days. They extend due to lack of sold token so cant development the project without funds. its looks all ICO are intend to extend and also its bounty program
Topic: Why so many bounty campaign are extending? - page 43. (Read 5921 times)
I notice that many of ICO today are extending there end date to be able to get closer on the market trend price high. As we all know that end septembefr to december is a big factor to make the campaign more profitable.
Some campaigns are extending because they just want to achieve their softcap or hardcap and there might be a chance for it to be reach if it last for longer period. Another reason would be the bitcoin price. Some ICOs just want bitcoin to be in bullish price so that people would trust cryptocurrencies again and they would have a choice of investing in ICOs. Many ICOs lose their trust in cryptocurrencies for the past few months and many ICOs failed that's why those new ICOs considered extending since the market sentiment now is positive.
ICO extended certainly could be because they have not yet reached softcap on the time that has been set. or it could be achieved but they almost hardcap the set time is up. It will usually be extended in some time. When will indeed be able to be successful than just follow. It is indeed reasonable to happen because a lot of the ICO and would certainly make a lot of choices for investing.
I notice that many of ICO today are extending there end date to be able to get closer on the market trend price high. As we all know that end septembefr to december is a big factor to make the campaign more profitable.
I think the reason is self-evident, they simply are not sufficiently rush to assemble a measure of cash, that is expected to accomplish, what they have arranged. So they choose to put off the conclusion to assemble more.
due to market downtrend, ico companies could able to collect funds as expected so they are extending bounties also
Market is in the down trend. It is understandable that many projects can not raise money for a short period. probably this is the whole reason. for the second, many investors are frightened of scams, so icos, even profitable, with weak marketing raise their money too slow
yes you are right, but I see not all bounty will experience such things because it all depends on the team strategy of a bounty in attracting many investors if they lose the competition to get investors then bounty will continue to be extended until they reach softcap
I fully agree with you! I think that there are so many reasons! The main thing is that they want to commit as many more people.
Due to lot of scammed ICO more investors lost their interest investing in ICO. Success rate of ICO decreased that is why bounty campaign period nowadays are extending. Do you agree?
Yep. I addition, there is 2 possibility why the bounty campaign extended:1. The market is in a downtrend, then the related project delayed for running the ICO. Of course, it could affect to the bounty.
2. Their project has not reached the soft cap or hard cap, because they are difficult to find the investor to contribute in their project.
The main reason I think because of the market conditions and a great amount of fraud ICO's that happened making investors be more aware of making investments. So the market conditions are not quite good and a lot of good projects are struggling to reach the soft cap so they extending ICO and advertising campaign extends also.
Because market is bearish and nobody wants to invest, especially in ICO, so they extending their ICO and also that is why they extending the bounty campaigns.
But, where is the problem?
You are here to support ICOs not to complaing about them.
But, where is the problem?
You are here to support ICOs not to complaing about them.
But now, do to raise the money for the ICO needs more time.People have less confidence in the projects.
One reason is the thing that you have communicated that they are unnerved of being educated that their Bounty Campaign are traps and they are up 'til now attempting to substantiate themselves true blue. Another reason is that they are endeavoring to avoid the bloodbath in the market or the sudden decrease in costs in the market in light of the way that in case they end their Campaign that successfully, an extensive measure of casual financial specialists will put low a motivating force on their tokens.
Projects expand their advertising campaigns for various reasons, but most write and explain in their telegrams that all this is coming out of unfavorable market conditions, and such projects are waiting for improvement and market recovery. But I suppose that the market will soon recover and such cases will be much less.
Extended campaigns means not successful in the first stage of the campaign, some of the campaigns can make a good sell after extending since you cant lose anything in extending.
The main reason why campaigns are extended this days is the failure on the part of the project to reach their hardcap or even softcap. This is as a result the current market which has made some investors not to be enthusiastic about investing in projects as some projects lose their value once listed on exchange all thanks to the long prolonged bear market.
I don't like this trend very much either. I think that if there is a deadline, it can not be changed.
I think the main reason is so that they could attract more people because like in june or may bounties extended to august because they know the Bull season will be on that month which can be accurate if you tell me.
Due to lot of scammed ICO more investors lost their interest investing in ICO. Success rate of ICO decreased that is why bounty campaign period nowadays are extending. Do you agree?
I notice that also because some ICO cannot even reach their softcap so they resort to extending their ICO, this is not a good idea actually because so many Ico are coming up almost everyday, investors will not trust these kind of Ico which always extend their sales.
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