Bitcoin Forum

If Any ICO extended the token sale for any reason like they not reached the Softcap or hardscap for any reason like for down market. So what's your opinion is it right of wrong?

If the team wants to save their project, then I think this is the right decision...

If there is such a situation that the project can not get the right amount, then there are several options, or investors do not want to invest in the project, or the project has put too much for fees and it simply can not be collected

I also agree with your suggestion because there are so many reasons to why they can extend the token sales date, It could be due to the fact that they have not reached the soft cap or maybe there are no much investors to invest in the project or even because of the current condition of the crypto market.

I think it's not wrong, the important thing is they have the right reasons and we can understand it. because we know that building a project requires funds and how to build a project if the target (softcap) is not achieved?

I remember when Latiumx extended ICO time and after that they could reach hardcap.

I think there is nothing strange in it, there are difficult times now and it is very hard to even good projects to collect softcap.

Of course, they have no way except this. If they don't have money their project will simply die because developments and listing exchanges cost very much money.

That's their right and strategy on how they raise the funds. If they think that the market value are on fall they can do extend the ICOA so the coin value won't fall.

The bad thing about ICO extension are the factor that they can't get enough investor to reach the hard cap means the project are not that good enough or the team dont put enough effort on advertising the project. If this thing happens I don't want to invest in this kind of project cause you see that they are on downfall.

sometimes the devs extend their iconic time because they want to achieve a full sales target, but now most of the projects have done that, only some of them are because the market has decreased.

I believe than an ICO should have to comply the due date that was set on the ANN thread. However, if the ICO has not met the target token sale, therefore the admin should have no other option except to extend the token sale and the bounty campaigns as well. With this, as a bounty hunter for such ICO, it's better to support rather than just quitting without any token reward.

We cannot judge any ICO for this because the reason might be anything. It can be that the project has put in a lot of efforts and has spent a lot of money which was not covered in the ICO. It can also be that the project has allocated a cap for future money but didn't raise much and that's why they would have extended the ICO. It can also be that the ICO is trying to scam and wants more money and hence extended the ICO. It's better to research about the ICO and talk to the team before investing in an ICO.

If you are against the extension and the project did not have enough funding to the project then that means that you are OK that you have wasted your efforts in doing the bounty campaign because if the project did not meet its soft cap that only means that the project will not have enough funds to distribute their tokens and it will not have any value. That is why I think it is only fair that the project will extend the token sale to save their project.

It is not a bad decision for any ICO to extend the date of token sale once the reason is genuine such as not reaching soft cap which is a necessary milestone to implement the roadmap of the project

it's normal for me, at least they doesn't decided discontinued project and refund to investor, as a bounty participants, it's a bad news for us, did you know project development need a lot of money support? I don't care project owner extended ICO token sale, I just want them at least raised softcap and deliver their promise

I think if the ICO extends the token, then the project will be more potent because there is a lot of investment involved in the project and the project will soon be more successful. I should focus on the analysis to choose a potential ico

Probably yes, because it will not have an extension if they met their target sales in the first place. Actually, most of ICO's in the market is doing this so do not be afraid if its scam or what, they are doing it in order to save the project for failing to gain more funds from investors in order to succeed. Make sure you have picked the right ICO/project/bounty for you.

It's a really wrong reason to extend the crowdsale and about this case, it seems like you are talking about ubex shit scam ico. You should not trust the team because it has extended the crowdsale due to the bullshit reason. If they can do a very well developed and they can earn a lot of revenue from their product and that's obviously true if ubex is a complete garbage

To be honest, existence of the ICO itself is a wrong thing but what can we do about it if its getting invested anyways.  ;D

Well, these days ICO's get extended because there are too many of them and thus it becomes hard for the ICO's to collect the sufficient investors that is needed for the project fund allocation and thus if it is not done within the specified timeline then they have to extend it. If not done like that, then there will be no proper fund raising and thus budget allocation to different process may collapse. So they have to do it technically and thus as business its nothing wrong in that.

Most of ICOs do this.
They think with postponed ICO they will got more profits from investors when the market is uptrend.
But i think the investors won't invest on ICO when the market is uptrend and holding real coins

Hello mate. If a developer or the team behind a certain a project believes in their project and they were not able to achieve their projected hard or atleast softcap then extending the ICO probably the best thing they should do. And i'm ok with it. I don't any mistake about it. Cheers!

I think expanding the time to sell the tokens is normal if they do not have enough capital to save the project. But that affects the product and reputation of the project with investors. Too many scams led to the ICO losing confidence in many investors. The competition between the projects and their ICO too much led them to extend the sales period to get enough capital to operate.
But in my opinion we need to be careful because it can be scam! really.

Different reasons lead to this decision, there is no clear answer to your question. Projects sometimes overcome many difficulties to achieve their goals and this can be a reason to stop the sale of tokens. And it's not always a bad thing. Perhaps they need time to review strategy and strengthen the team, as well as for product development and better preparation. The main thing that the team did not disappear and reported their problems and further actions, was in touch with the participants. But if the project is closed and all gone.that's cause for concern.

If the ICO is extended with the reason that it hasn't reached the softcap, I think it's logical. But if the ICO is extended with the reason that the market is not improving it's not logical. Because it happened in 2017 the late payment for the bounty campaign because they gave the reason that ethereum prices were soaring. So this reason has already denied the current market conditions. I think this depends on the performance of the ICO developer.

The vast majority of ICO's in the market is doing this (Extended the token sale date) so don't be perplexed if its trick for sure, they are doing it keeping in mind the end goal to spare the undertaking for neglecting to acquire reserves from financial specialists with a specific end goal to succeed. since there is a considerable measure of speculation associated with the task and the venture will before long be more successful.

A lot of ICOs are struggling in this market, the market has been on an extreme downtrend since the beginning of the year, and ICOs seem to be hopeful that this will turn around some time towards the end of the year. If they didn't believe in the market, then they shouldn't have launched their product into such a hostile environment. I personally don't like it when ICOs extend the token sale duration, particularly when they have already failed to meet their softcap.

My opinion on this is both wrong and right. It will only depend on the situation of the ICO. If the sales are close to the softcap, then it is a right decision to extend the campaign. However, if the token sale didn't reach even a half of the softcap, then it is a wrong choice to extend it further.

It is on the team's decision. there are different reason why they need to do it.
sometimes there are people who want to invest but needs more time. this is not just a simple investor if that happened.
they are delay on something that they need for the ICO.
they want to push the project and keep it alive.

It's a common occurrence at the moment that majority of ICO's doesn't reach their hard cap or soft cap and they extend the date of the ICO's I don't see any thing wrong with that, if the team sees necessary that extending their ICO could help reach their cap and then they can do it to save the project.

The ico extended the sell time is the ico can not afford developers should investors not buy. Or ico sell at a higher price than its real value so ico not sell.

If it appears that due to the low speed of the cryptomarket, any ICO projects can not reach the softcap or hardcap, they will increase the time, in such a situation. I think this decision may be correct.

If this happens, any ICO project could not reach softcap or hardcap, because of that they would like to increase its time, it would be a good decision. I think it will work.

This is definitely not a good sign for the crowdsale investors. But if you invest it through priv or presale, it's a good sign.

I think that here you need to look at the situation. If there is a tendency that the project can collect the right amount, but just do not have enough time - I'm not against that extended the time. Well, if you can see that the project does not show any interest - it's all useless, even extending the terms of investment

If you can see the effort of the team wanting to achieve even the softcap just to implement the project then there would be nothing wrong for them to extend the ICO date and if after a few days, they would be able to collect the required amount then that team may have a good future but still you should be cautious with your investment because there are no guarantees when it comes to cryptocurrencies.


Like what is happening now wherein many investors are having doubts when it comes to investing because the cryptocurrency market is doing good so it would be better for the team to extend its token sale until such time when the investors gain back their confidence like what happen last year wherein many ICOs are successful to achieve its softcap/hardcap because cryptocurrency market in general is doing good.

You can always go for a project that is better and charges less than the one you have in mind. There are a lot of options.

They are mostly just giving themselves more time to raise the amount of money that was the set goal in the beginning. If a project does not get the amount that they are going for then they will most definitely extend the ICO date so that they can raise even more and with this extension comes an extension in everything else associated with the project.

This is very typical of a bearish market condition. Not too many people will be interested in investing in an ICO largely because they have lost money to other ICO, they're therefore skeptical of investing in another. When a project therefore fails to reach softcap, for a serious team, in order to save the project, they will be forced to extend the token sale date, just to be able to raise more money to meet the set goals of the project.

I think it is not something wrong because those teams are extending their time for their projects because they don't want to give up

I dont know if its right or wrong, right because some ICO doesnt pay you unless they reach the hardcap, what do you want they dont pay your or they extend it.Wrong because for me they should be keen on the date that they said on the public.

If these project very important to raise more money to running these project. I think it's right

If there is such a situation that the project can not get the right amount, maybe because there are so many reasons to why they can extend the token sales date. sometimes the team developer extend their iconic time because they want to achieve a full sales target, but now most of the projects have done that, only some a reasonof them are because the market has decreased.

If the ICO reached the SOF-CAP and they extend the ICO, i think this is all wrong.
The project can continue without extending the ICO.
If they are close to have soft-cap and want to extend the ICO it will be good for both sides.

It is very wrong postponing dates.

I think Extending token sale doesn't give us good signs about future of project. Because it shows us the failure of road map and their plan. Because of this reason I don't think extending doesn't make confidence about project. But their will be acceptable reason for some projects. but we should think twice before investing on those projects.

ye, it can be a solution but only if just a littlke bit missing for soft cap

Situation warrants them to extend the time and more reason is when they have not achieved their soft cap due to one reason or other like the way bear markets affected all ico to achieve hard cap, its good if the reason is genuine.

it's possible that an ICO could extend their token sale date, I don't see any wrong in that. currently market is down and the eth price is down as well so people normally avoid investing in an ICO when the market is bear, so an ICO could extend for a better market condition.

It is in general terms wrong, you have set an objectives and make a promise to your investors. If you choose not to comply it is a clear sign that you are not to be trusted.

i think it will do better thing. if ICO extend time for sal it will positive sign for ICO. it can collect more capital for project and people can increase their investment. i'm also support this. i want know more about this.

if ICO extend the time for sale then it will be good for ICO because are sale are increase and collect more capital. it will be do better before than. i have no idea about this. i want to know more about this.

For me it's up to them if will be good to extend it to make the target or the softcap. Then it can be favor to the some people who want to invest to that ICO they can buy because of the extension. But then it can have negative effect because some of the investors will just dump it because of that activity and some investors will not buy for it because of that reason.

If the ICO increases the time of sale of token, it will be good because the tokens will be sold more than before and the capital increases. But I do not have a good idea about this, so I want to know more.

I believe that this can only testify to one thing - the project is very bad, the ICO did not bring the desired result. I also think that the extension of the ICO as a rule does not change the situation for the better!

if something like that happens, thats fine with me. i do not find that really bad in the current market and can also occur in very good projects. you should not be put off or upset about it. if an ico is extended, it usually has good reasons. rather an extension and the softcap may still be achieved than if the project gives up and pays back the money invested.

If the situation stays in this condition that the exact amount of the project is not available. Then there are many options and if investors want to invest more, than ICO project can take more time. It can do good.

I think that ICOs extension it is common and normal situation on the falling market. It is very hard to reach softcap on red market, but if ICO is already spent money for marketing, so they want to have second try to collect money.

It can be right in the right circumstances but seeing as the coins that are coming out now are all scams, I do not think that it is the right thing. The project creators are just trying as much as they can to get more money off the investors which is why they are extending the ICO dates and always pushing it further. It is why so many people have refused to invest in them.