Issues with raising enough funds are the main reasons for extending the ICOs. This is why we have some never ending
ICO, lasting and lasting. I have a feeling that some of them are not ready with their promises and buying time this way.
Topic: Why so many bounty campaign are extending? - page 7. (Read 5939 times)
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?
The main reason is that project didn't reach their goal (softcap or hardcap) or maybe they still not satisfied with their income so they decided to extended their ico and bounty got extended too. 
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?
Because the time of public sales has passed. Investors have become smarter. No one is just in such a hurry to part with their money. Projects do not achieve their goals and extend the ICO stage. This is agony.
Because a lot of ICOs are not collecting the planned amount of money. Because of the market situation, or the lack of advertisement, they simply do not reach their soft cap. So, it would be better one day, when a new wave of fresh investors will arrive.
I believe that much depends on today's market and the number of scams. At this time, it is very difficult to gain the right number of investors who are also afraid to take risks
Most campaigns are expanded due to collecting too little money to achieve a soft cap. The extension of the campaign gives team a chance to attract investors and collect more money necessary to develop the project.
If an ICO can not reach it's goal of raising money, they have the choice of giving up, or keep trying. In the second scenario, they may extend the bounty as well, which may be better for hunters, than to loose all the rewards.
I earned a normal number of coins. But 90% of these coins or Scam projects either stop their development due to the crisis in the crypto currency market!
Most companies reschedule to raise as much money as possible until the bear market is over. Everyone is waiting for a turn, as they are afraid to enter the market now. This is partly the right decision.
bounties are extanding because projects are extanding because we are at bear market and to start project while everything falling is a big mistake, thats why project owners chosing to wait for market recover and this is reasonable for the future of their projects,
♦ "Learn how to trade profitable! www.simdaq.com" ♦
Reaching a soft cap or hardcap is more difficult now because of the present market condition. The number of investors are not enough to fill up the required cap so they have to extend the ico for more weeks or months even the bounty campaign is over. Some ICOs are even quick to give up or close their initial offering when they did not meet their target and opt out for sale extension.
Surely, ICOs perform worse in the last half a year, and only to best ones are able to reach their hard cap, many can not even reach soft cap. In that case, they extend the ICO, and the bounty together with it.
extending ico and also bounty campaign periode have a purpose to reach atleast minimal fund that needed to make project continue.sometime this decision unpleasant for investors
Surely, ICOs perform worse in the last half a year, and only to best ones are able to reach their hard cap, many can not even reach soft cap. In that case, they extend the ICO, and the bounty together with it.
I understand your frustration, but it is a market condition. With a bull trend majority of bounties will end prior to deadline, because ETH value can double and as a result all collections will double as well
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?
There are many reasons for this. You need to know what is going on inside each project. Sometimes organizers worry that investors will not waste their electronic money or bitcoin in a falling market. Sometimes it comes from greed, when the team thinks it raises more money. But in most cases, this extension has no results.
I agree, because most projects want to achieve soft caps or hard caps, the project also allocates funds to achieve success and profit, which is why many bounty campaigns are widespread. Be careful in choosing a project, because most projects in the bounty campaign are scams.
It may be due to the current market conditions. Because of that it is very hard for some projects to meet their required capital to start the project. So with hopes of raising funds laterl they may extend their bounty campaigns.
The higher the level of enthusiasm from the community in participating in the bounty campaign, the more people will create a bounty campaign. This is used by some people who are not responsible for taking advantage personally through the program. So that beginners are easy to get stuck because they don't have a level of knowledge that is capable of choosing a legitimate ICO. The fall in market prices was also one of the causes for failed ICOs which were later considered scam by the participants.
Many reason for this kind of situation. Usually ICO extend the sales if they weren't able to produced enough funds to be use for the project. This is one of the major reason, some used the excuse of extending to deflect the market situation such as today. Bearish market is a big trap on an ICO project. Chances that the token will get dump are bigger once it hit exchanger and some ICO doesn't want this to happen. Actually fair point but a little bit selfish, as it seems foe the investors of that project.
Hey There! SolarexICO is out to make a difference in the world! SolarexICO Powering Africa | Building An Innovative, Disruptive, Decarbonised, Decentralised And Democratised, Blockchain Powered solar Energy Ecosystem , having it's core goals in;
•Smart Microgrid,
•Smart Meter,
•Solar project financing,
•peer to peer energy Market place
•Ability to share top-up. etc
join Solarex today by clicking on
https://t.me/SolarexICO
•Smart Microgrid,
•Smart Meter,
•Solar project financing,
•peer to peer energy Market place
•Ability to share top-up. etc
join Solarex today by clicking on
https://t.me/SolarexICO
Jump to: