Bitcoin Forum

Amidst all these chaos in the world, its great to see projects still raising money in the crypto space.

2KEY public round is the last stage before the listing and IEO on May 12th. 6.6M 2KEY will be sold, the goal of this round is $400K, and participation is with ETH. More details (https://www.2key.network/blog-posts/2key-public-sale) here and to participate (https://2key.me/2KeyPublicSale/rGsbA).

Will we see more startups be supported by the community before and after halvening?

We will but i think if that thing has already happened. There are so many successful ICOs or IEOs that have already listed on the exchange site instantly. The crypto community is still feeling very enthusiastic about the launch of the new project as long as it's a good project.

I know you were also promoting for 2key at the same time create a discussion about the support of the community to the new projects but it's not a problem.

Good point, projects who withstand the ICO craze last 2017~18 are more stable projects now. The community are also very aware of what a scam is and not. Glad to see the entire crypto community and market evolve as we go along!

Cashless payments = crypto may also be a thing right now.

Yeah, I've seen several projects aiming to do cashless shopping, etc. through crypto now. This will be the new norm because of the pandemic.

2key is really a potential project in the development projects at this difficult period. They have a good partner and have a clear and sensible strategy. I believe that projects like this will work no matter how bad the market is.
if as many projects as 2key, clearly and plainly, they will surely have many more investment. The market for ICOs or IEOs is getting less liquid due to investors being discouraged with shit projects, they are looking for projects that are truly profitable.

Of course, good projects will continue to receive support from the community. But unfortunately currently there are very few good projects, most of which are emerging scam projects.

Nowadays, I don't believe on the ICO that collecting 1m$ or more amidst of pandemic without a prior evidence like blockchain wallet of funds that collected. Most of ICO are censoring the funds collected and faking the result to attract more investors by boasting that they already reach soft cap and ICO was already successful. This happened many times.

Poor investors that trapped were suffer to a tremendous losss once ICO was over. The token will be listed to some random exchange without sufficient liquidity to cash out there token.

2Key has a pretty good reputation from the beginning they made an announcement in this forum, and their fundraising ended with a fund collected of $160K

What I see is that the project these days did changed a lot. Before, most were ambitious thinking of hitting a hard cap of millions of dollars like around $10M. Whilst, the soft cap would be around $2M-$5M.
I just wish most of the investors in ICO will still get compensated with the amount they have invested and, they have think of investing in ICO many times before giving in.

This is a good and reputable project, but I don't understand why they are doing ICOs at the moment. Obviously IEO will be a lot better and if they engage in big exchanges then I believe they will easily raise money as expected.

As the admin has said in the telegram even though 2Key currently has an ICO, but they will continue to hold IEO in the near future. Where they will hold an IEO will be announced on May 15 tomorrow.

If the project has rock solid foundation and the users can really see that they are not selling a half-baked project, they can raise money no doubt even during this crisis. But let's hope that the team will truly deliver their goals here and not just making a good front to attract investors.

2Key deserves more, this is really a unique project, I like their social mining idea very much. I see only 162K USD raised and the soft cap is 400K only, which is really low. They can get accepted by the top exchange IEO launchpad and then they easily can raise a couple of millions USD, I know top exchange IEO is expensive but you have to look at the bright side too!

If there's a will, there's a way. If the team wants to be successful, they won't stop looking for funds to continue their project or even if they will not raise their targets, they can optimize what they have and continue their developments even if it will take long to accomplish their goals.

$400K is hardcap and softcap has been achieved like what the OP said, and according to the info I got from Telegram 2Key will hold an IEO on the 18th of May.

Who says that projects of nowadays aren't raising money anymore? The majority of new projects uses low exchanges that's why they get bad result in return, if new projects go with good exchanges they will have good results, it's easy as that

I am very grateful that lately many projects have reached Softcap,
it is good for the crypto currency project because there is still hope for better, investors still believe that this year the project will develop

Why do they not implement IEO, I think they are a good project, so there will certainly be many exchanges want to list and IEO this project. But it will all be the team's decision anyway, hoping the project will not fail like Ferrum

Why does it have to stop just because of chaos or a pandemic, life must go on and the crypto world must also continue as for example the 2key team has fought for the success of the project they support and they will register 2KEY on May 19, 2020, good luck.

It seems that Covid 19 Pandemic does not affect the ecosystem in the world of crypto currencies, several projects have also been successful, KingCasino, Cowrium, and 2Key of course, congratulations

Easy to say but you do know on how hard for projects to be listed on a top-tier exchange? It wont really be that easy and it would take
so much time to build up reputation and liquidity of said project before they would be considered out on a top exchange thats why
majority of new ones will really start up on smaller ones.

Not totally but these new projects did luckily able to pull it through.

I'm sure the team have their own reasons why they have to stop and it seem that most of the country's who have a total lockdown is struggling to make a living as well as to the cryptocurrency projects. Luckily some of these projects able to pull it off due to the pandemic and at least the 2key team hit the soft cap it's not that really bad we were still lucky to make a profit for a successful project 'cause if not I wonder if these will be your words if it fails.

I don't think that halving event is help new project is popping up because in the fact when the halving event come the eyes of investor will only see bitcoin as main place for investing. Halving event mean bitcoin miners will only get 6.25 if they success to broke a block (in the current halving). And it mean the supply bitcoin in this world will be reduced, this scheme was designed by Satoshi Nakamoto to avoid inflanation for bitcoin so as if the demand for bitcoin is increasing whereas the supply for bitcoin is reduced then we will see bitcoin price will get a high price. I think just a new investor who will fall to new project when the halving event comes.

I just heard that there is a project called 2Key, and I am also happy that new projects can still feel success, at the beginning of the year there were indeed many projects that failed, but in this Q2, I have seen that there have been a number of projects that have achieved softcap, this is good for project development of crypto currencies to be trusted again

I have seen this project since 2019, but they have only operated behind the curtain for a long time. And now that they appeared with the ICO, I don't understand why they chose this fundraising because they are a good project and have a lot of reputation.

He had also planned to hold an IEO, but was canceled and chose to immediately start trading in Kyber. Maybe they already have enough funds for development.

Is 2Key the project successful? It is still too early to conclude. The token sale has just finished, we can't give an accurate rating yet. However, they are very assertive and confident when choosing this time, this project is expected in the near future.

Agree, it seems they have enough money to develop the project. I see they have a lot of angel investors so they won't be too concerned about the capital to operate.

Sales don't get hardcaps, but tokens get good responses in the market. The price has increased many times from yesterday's sales
https://coinmarketcap.com/currencies/2key-network/

I think they will be listing on bithumb, I say they have done themselves well, after successfully completing their sales now they will be on bithumb, this days many projects are struggling to raise funds let alone list on a decent exchange, I know bithumb is good exchange and will help 2key with more liquidity, increase chances of exposure.

maybe that was his definition of success but i also think that it is one the key factors to success because there are also projects on the past that doesnt get enough investors and they didnt reach thier qouta so thier token sale wasnt succesful   .  

the demand determines the quality of the project if good or not really   .  @judaspriest covid does affect crypto market  . market wasnt performing well before but luckily it recovers now , also not all coins are affected

And I think the price will keep increasing with the news of new listing, saw it on their website they listing on bithumb on June 1st, already 2key seem to be doing well on hotbit, bilaxy and hoo.com, with bithumb addition it can really boost the price as well, plus 2key has an ideal concept in blockchain which can generate demand, project looks quality with different approach.

It has been giving a really nice return for the investors even though this one didn't meet the hardcap. It looks like the era for the ico is coming back again. This one is not even running IEO.
Im very glad to see a positive trend is growing right now.

No, the ICO era will not comeback. This project can be successful because it is indeed a good project, however the method of raising funds must be successful.

As long as project has good root it can raise money with no problem. yes, there is crisis but that wouldn't stop some people from investing. ieo seems to be the best option ever since ico got banned. It is just a new project and right thing would be to just wait and see how it gets accepted.

Yes thanks to IEO many new projects still raise fund successfully, some over softcap if the exchange isn't that great with volume and liquidity and others over hardcap, the bad side of IEO fundraising event is going to small exchanges for launchpad, it's why many new projects succeed using binance exchange, gate.io, kucoin or okex

I saw them listed at major exchanges like Bithumb and a few others. This project implemented an ICO but was successful at the present time, hoping they will continue to grow and the price will grow in the future.

I do not see why this is motive to celebrate, I do not care how much money a project raises, satoshi was able to create bitcoin without going through an ico and it is the best coin in the market by far, if anything this is bad news, people are still investing in new projects that have very low probabilities of ever becoming successful and they keep doing it because they hope they are investing in the next big thing when in fact the chances they are investing in a scam or a bad project are above 95%.

It's quite easy to be listed on bithumb as the requirement for a new coin is not so hard to be listed on there.
It looks like a good trend is still following this coin. I guess when more exchange will be added this coin and it may go up even more. It caused by the hype for ICO is not yet ended.

I strongly disagree if you say this because of the hype from ICO.
2Key is a good project, before they make sales they already have a pretty high hype.

This will probably happen. If you see what's happening to the world, I am pretty sure people will opt for cashless transactions impacting the growth of the crypto industry. IMO*

Congratulations to 2key, I hope the team really uses the money and community support to build the project with all the energy. Because many projects have reached hard cap but they have not provided good achievements for investors and the community. I see this as an interesting project.

indeed the real key factor of the success of the IEO or ICO aside from the exchange and the team that played a role was the product of the project that was launched. if it's good, it's certain to have a bright future, including this 2KEY
 

I see that it is really hyped by now and after it got listed to Bithumb it went down for now but as far as I know they have a market maker and hopefully, they are not the one who are doing the dump, I even got a group wherein most traders are holding this coin. I might get some of this.

A dump after entering a new exchange is common, even in all exchanges and all coins I think the same thing. Look in the next few days or weeks, the price will definitely return to normal.

Nothing is certain,,, you have for sure to have a good team and good product but more importantly a big community of users who really like the product and are using it a lot,,, which I guess is what 2KEY has. Tried it myself actually but did not like it. I generally hate anything with ads and more than 1 step to get to my link!

It's a common thing when it comes to the garbage coin that listed on the crap exchange site. The investors don't even want that happens but there must be an exception for this coin as 2key has already given a really nice profit to the early investors.

maybe he is right, the hype of ICO is not yet ended
but, for good and promissing project only and maybe if 2key hits the soft cap goal, thats mean this project is good enough  ;)

Hitting soft caps doesnt mean that it is a good project always. Why havent consider those projects in the past that even hit up their hard cap and die in the end?

Im aint saying that 2key isnt good yet i havent researched about the project and basing on my own view where project do really had the potential is to those project that

do able to withstand the test of time not only being traded on exchanges but also do able to create their own product or followed down their roadmap.

That's the rules of ico. When it was running by a competence team with a lot of skills and then it will always be a successful project. We can't judge all icos were scam but there will always be some icos that makes a different result than those scam icos. 2key has already proven it too.

That is just an assumption, you probably know as well as I do that it is just as common for coins to never recover after they go down, and this is because the whales holding huge amount of coins do not see the need to keep holding their coins when they got them with a huge discount, so they can get rid of their coins almost immediately for profit, while those that actually believe in the project keep holding their coins thinking a recovery is inevitable only to find themselves losing all their capital they invested because of this miscalculation.

I was able to get a good position at $0.065 yesterday, right now, it is trading at 0.07$, I only got a few but trying to hold it for a long term maybe months or even a year, adding more and more, I could see a good potential on this token even though it is currently dipping.