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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: ichanjay on October 12, 2017, 01:36:21 PM



Title: What happens if ICO didn't reach it's MINIMUM CAP?
Post by: ichanjay on October 12, 2017, 01:36:21 PM
 I would like to be informed on what happens to your investment if ICO didn't reach its minimum capital. As far as I know, ICO will be refunded to its investor. But a particular ICO told me that their project will continue and the coins will still be on exchanges even if didnt hit the minimum cap. Is this true? or is it possible to be a scam? Thank you for your responses


Title: Re: What happens if ICO didn't reach it's MINIMUM CAP?
Post by: alexey8080 on October 12, 2017, 01:43:13 PM
in most cases you will recive a return.
It is better to refrain from ico, where redund is not made.


Title: Re: What happens if ICO didn't reach it's MINIMUM CAP?
Post by: twobits on October 12, 2017, 01:58:30 PM
in most cases you will recive a return.
It is better to refrain from ico, where redund is not made.
But that depends on the company's agreement some icos that doesn't refund the money of the investors and just try to run the project with those funds just like ark and it become successfull project in this time.


Title: Re: What happens if ICO didn't reach it's MINIMUM CAP?
Post by: ichanjay on October 12, 2017, 02:06:56 PM
in most cases you will recive a return.
It is better to refrain from ico, where redund is not made.
But that depends on the company's agreement some icos that doesn't refund the money of the investors and just try to run the project with those funds just like ark and it become successfull project in this time.

So basically. It should be refunded? So when an ICO tells that the project will continue and be on exchanges even when not hitting the minimum cap. is considered a scam?


Title: Re: What happens if ICO didn't reach it's MINIMUM CAP?
Post by: r0nald82 on October 12, 2017, 02:07:29 PM
well,this is new information for me.is it ever happen ico target didn't achieve?


Title: Re: What happens if ICO didn't reach it's MINIMUM CAP?
Post by: ichanjay on October 12, 2017, 02:11:02 PM
well,this is new information for me.is it ever happen ico target didn't achieve?

Actually I don't know any ICO that didn't reach its minimum cap. However I'm just being cautious since this ICO has a few followers and not doing much of advertising its project.


Title: Re: What happens if ICO didn't reach it's MINIMUM CAP?
Post by: DarkSi on October 12, 2017, 02:11:31 PM
I would like to be informed on what happens to your investment if ICO didn't reach its minimum capital. As far as I know, ICO will be refunded to its investor. But a particular ICO told me that their project will continue and the coins will still be on exchanges even if didnt hit the minimum cap. Is this true? or is it possible to be a scam? Thank you for your responses

All the payments should be returned. There should be a term of the smartcontract. Keep away from the ICOs with no smarcontract.


Title: Re: What happens if ICO didn't reach it's MINIMUM CAP?
Post by: Valzador on October 12, 2017, 02:11:46 PM
I found a project has reached softcap / minimum cap but did not pay bounty participants and the project was not continued.
Please be careful in choosing ICO


Title: Re: What happens if ICO didn't reach it's MINIMUM CAP?
Post by: Emoclaw on October 12, 2017, 02:12:18 PM
-snip-
So basically. It should be refunded? So when an ICO tells that the project will continue and be on exchanges even when not hitting the minimum cap. is considered a scam?
Not necessarily. It depends on how the smart contract is written.
If the team says in their announcement thread or their website before the ICO starts that refunds will be issued upon failure to achieve the minimum target, then that's probably what's gonna happen.
If they say that the project will continue despite not hitting the target, then it's reasonable to assume that their funding is still enough to go on. Doesn't mean it's a scam.
If it's a scam, they run away with your money either way.


Title: Re: What happens if ICO didn't reach it's MINIMUM CAP?
Post by: DarkSi on October 12, 2017, 02:12:26 PM
well,this is new information for me.is it ever happen ico target didn't achieve?

Actually I don't know any ICO that didn't reach its minimum cap. However I'm just being cautious since this ICO has a few followers and not doing much of advertising its project.

There are many of ICOs didn't reach its soft cap. It's okay and could even better for them.


Title: Re: What happens if ICO didn't reach it's MINIMUM CAP?
Post by: alan2here on October 12, 2017, 02:15:28 PM
If not reach the minimum CAP. They will try to push their money to buy that tokens to gain soft cap and will deceive people to take that money. There are many projects that do this because they do not want to miss that amount


Title: Re: What happens if ICO didn't reach it's MINIMUM CAP?
Post by: anggriani on October 12, 2017, 02:28:47 PM
as far as I know if the minimum is not reached, then the investor fund will be returned. but there is also a project whose token is still shared if the minimum is not reached. in the whitepaper clearly written their plans, what steps they will run, starting hard cap, soft cap and if the minimum is not reached.


Title: Re: What happens if ICO didn't reach it's MINIMUM CAP?
Post by: daenarys_stormborn on October 12, 2017, 02:29:38 PM
when I was newbie I also had the same question with you, maybe because I was not experienced in following ico, and now when I have experienced it, I can answer it, if ico project is not reach soft cap / minimum cap, they will refund to investors, and if they hold a bounty campaign, then the bounty hunter who has participated will not get paid


Title: Re: What happens if ICO didn't reach it's MINIMUM CAP?
Post by: ichanjay on October 12, 2017, 02:33:36 PM
Thank you for the responses. Im now enlightened  :)


Title: Re: What happens if ICO didn't reach it's MINIMUM CAP?
Post by: pitiflin on October 12, 2017, 02:41:12 PM
I would like to be informed on what happens to your investment if ICO didn't reach its minimum capital. As far as I know, ICO will be refunded to its investor. But a particular ICO told me that their project will continue and the coins will still be on exchanges even if didnt hit the minimum cap. Is this true? or is it possible to be a scam? Thank you for your responses
Icos will raise money if they want to do any legit thing. Shitty Icos wont raise required capital and if they dont they will be listed on a terrible and bullshit exchange ,pay them around 1-5 btc and enjoy the rest of their funds raised for personal purposes.


Title: Re: What happens if ICO didn't reach it's MINIMUM CAP?
Post by: Beparanf on October 12, 2017, 02:46:08 PM
I would like to be informed on what happens to your investment if ICO didn't reach its minimum capital. As far as I know, ICO will be refunded to its investor. But a particular ICO told me that their project will continue and the coins will still be on exchanges even if didnt hit the minimum cap. Is this true? or is it possible to be a scam? Thank you for your responses
Icos will raise money if they want to do any legit thing. Shitty Icos wont raise required capital and if they dont they will be listed on a terrible and bullshit exchange ,pay them around 1-5 btc and enjoy the rest of their funds raised for personal purposes.

Now even the legits one were failing since shitty coins were much good on marketing or to scam people, legit one when failed will return money investors. And sometimes its sad to see those ico that failed with good interest and willing to make development.


Title: Re: What happens if ICO didn't reach it's MINIMUM CAP?
Post by: Michaelsch on October 12, 2017, 02:47:07 PM
As I know they need to announce info about this is happening and give all coins they already received back to all investors... sad... but fair


Title: Re: What happens if ICO didn't reach it's MINIMUM CAP?
Post by: BlackPanda on October 12, 2017, 02:55:59 PM
in most cases you will recive a return.
It is better to refrain from ico, where redund is not made.
But that depends on the company's agreement some icos that doesn't refund the money of the investors and just try to run the project with those funds just like ark and it become successfull project in this time.
Most ICOs implement such systems. they mentioned that when the project does not run successfully, investors do not have the right to take the money they have deposited for the project. this is certainly a concern for many people who want to invest. in fact there are sometimes ICO who just make a fraud, he deliberately made a project with a variety of frills but in fact he just collects bitcoin. this is a very high risk, so try to be able to choose a good project and also looks profitable. doing analysis and visiting websites for reference can be one of the best ways we can do before making important decisions.


Title: Re: What happens if ICO didn't reach it's MINIMUM CAP?
Post by: bongiu on October 12, 2017, 03:03:12 PM
From what I've read here, I didn't know that a return of the investment was made, but I supposed that the smart contracts are supposed to do that. Anyway, I have a question and I hope that someone can answer it: Is the softcap the necesary money for the project to work? Thank you


Title: Re: What happens if ICO didn't reach it's MINIMUM CAP?
Post by: Odora on October 12, 2017, 03:28:08 PM
usually ICO or developers involved in failed ICO projects will go or extend their campaign periods,
so I'm somewhat hesitant to invest in ICO if the project concept is not good and clear..


Title: Re: What happens if ICO didn't reach it's MINIMUM CAP?
Post by: BitSat on October 12, 2017, 03:31:50 PM
usually ICO or developers involved in failed ICO projects will go or extend their campaign periods,
so I'm somewhat hesitant to invest in ICO if the project concept is not good and clear..
But in many cases they try to return and want to do again for better time we have very rare cases when they still try with this fund and have good result because its also depend on devs what they want to do and how they can manage this


Title: Re: What happens if ICO didn't reach it's MINIMUM CAP?
Post by: imdada on January 29, 2018, 06:05:59 AM
Normally, it was stated on company website at FAQ tab.
If it didnt reach the minimum cap, there will be a refund and no tokens or payment for bounty participants.


Title: Re: What happens if ICO didn't reach it's MINIMUM CAP?
Post by: NikitaSkublov0202 on January 29, 2018, 06:08:16 AM
Normally ICO team announce what they'll do if softcap is not reached. Common practiceis to make a refund


Title: Re: What happens if ICO didn't reach it's MINIMUM CAP?
Post by: cryptogeek101 on January 29, 2018, 06:15:44 AM
I would like to be informed on what happens to your investment if ICO didn't reach its minimum capital. As far as I know, ICO will be refunded to its investor. But a particular ICO told me that their project will continue and the coins will still be on exchanges even if didnt hit the minimum cap. Is this true? or is it possible to be a scam? Thank you for your responses

Yes, cases like that sometimes do happen to certain ICOs that didn't reach their minimum cap. The ICO manager might be telling you the right thing, so don't be afraid just wait for them to add the coin to an exchange. What you have to do is to watch their activities and wait patiently.  I am afraid you have no option for now than to believe them sir. Thanks.


Title: Re: What happens if ICO didn't reach it's MINIMUM CAP?
Post by: dongyi17 on January 29, 2018, 07:07:14 AM
Some of the ICO who didn't reach minimum cap wait for another opportunity, or given a spare time to make it up for another ICO but others gave token already to participant only they cannot use it yet because the ICO hold their own for time being and wait until such time that they have enough fund to continue in their project..that's what I've learn or know..


Title: Re: What happens if ICO didn't reach it's MINIMUM CAP?
Post by: jan.nicolas on January 29, 2018, 07:11:43 AM
It all depends on how correctly formed the idea of ​​what will be the result. That is, the project has not collected the required amount, then usually for a normal project, a smart contract returns all collected funds. And those who did not create such a contract, then of course their funds remain on the account and everything, you can forget about them.


Title: Re: What happens if ICO didn't reach it's MINIMUM CAP?
Post by: jimsteel on January 29, 2018, 07:37:48 AM
In 99% of cases they return the investments back to the investors. Although I have seen some ICOs stay open for another month if they are close and the community are fine with it.


Title: Re: What happens if ICO didn't reach it's MINIMUM CAP?
Post by: bramborakymilenec on January 29, 2018, 09:53:11 AM
Usually if they fail spectacularly they return all the investments back to the original owners.

If they are close to their goal they usually stay open just to reach it and the investors agree to it.


Title: Re: What happens if ICO didn't reach it's MINIMUM CAP?
Post by: easemypain on September 06, 2018, 11:13:42 AM
I would like to be informed on what happens to your investment if ICO didn't reach its minimum capital. As far as I know, ICO will be refunded to its investor. But a particular ICO told me that their project will continue and the coins will still be on exchanges even if didn't hit the minimum cap. Is this true? or is it possible to be a scam? Thank you for your responses

It's good to possess the spirit of transparency and honesty. Whenever it happens that a particular ICO can't meet up with the minimum cap "soft cap" and still didn't refund investors funds, in some cases it's not a conclusion that the ICO is purposely organizing to scam.
For every legit launched ICO hope for the best, probably they might have better plans to bring their dream in to fruition and also it can be a scam. But, the best practice should be when a launched ICO is unable to reach its soft cap, investors funds should be returned with immediate effect.
Several failed ICO in the past has put such into practice to mention a few Swapy, Trendit. Like this new project "Linkchain", it stated clearly in the whitepaper that "Investor's funds will be held in escrow. If for whatever reason the soft cap is not reached, 100% of token buyer funds will be returned". Which is a good practice?


Title: Re: What happens if ICO didn't reach it's MINIMUM CAP?
Post by: cuongdola211091 on September 06, 2018, 11:20:35 AM
When an ICO project does not meet the softcap means that the project will scam investors will lose confidence in the ICO because the investment is not refunded.


Title: Re: What happens if ICO didn't reach it's MINIMUM CAP?
Post by: louie69 on September 06, 2018, 11:39:04 AM
I  believe that ICO should refund the investor's money and they should not take the money and just be gone like a bubble. It will be the responsibility of the ICO to initiate such move since it will be the right thing to do. Perhaps,  if some ICO has not reacbed the soft cap target during the pre token sale,  they still manage to continue on tbe exchange sites.


Title: Re: What happens if ICO didn't reach it's MINIMUM CAP?
Post by: coolon on September 06, 2018, 11:51:32 AM
I would like to be informed on what happens to your investment if ICO didn't reach its minimum capital. As far as I know, ICO will be refunded to its investor. But a particular ICO told me that their project will continue and the coins will still be on exchanges even if didnt hit the minimum cap. Is this true? or is it possible to be a scam? Thank you for your responses

There are such ico who continue to work if they have not collected enough money. Mostly, investors return money, but there are dishonest ico.