Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: shinzai on October 09, 2017, 10:35:57 PM



Title: Soft cap
Post by: shinzai on October 09, 2017, 10:35:57 PM
Hi!
What generally happends when the soft cap of an ico is not reached? Are the funds returned to the investors or not?

Also, is it common that the ico is prolonged or that special arrangements are made with a few private investors (at discount) in order to reach the cap?


Title: Re: Soft cap
Post by: hdtqisg on October 09, 2017, 10:37:48 PM
Depends on the developer, in accordance with the ICO! And other related factors


Title: Re: Soft cap
Post by: cryptoking710 on October 09, 2017, 10:39:27 PM
I think most ICO's put the soft and hard cap details in the white paper.


Title: Re: Soft cap
Post by: Hamilcar on October 09, 2017, 11:10:50 PM
Generally, if the soft cap is not reached the funds returns to investors wallet. Unless the team are scammers.


Title: Re: Soft cap
Post by: Athreos on October 09, 2017, 11:14:45 PM
Hi!
What generally happends when the soft cap of an ico is not reached? Are the funds returned to the investors or not?

Also, is it common that the ico is prolonged or that special arrangements are made with a few private investors (at discount) in order to reach the cap?


Special arrangements are unfortunately becoming more common, and prolonging the ICO is typically seen as a bad sign. It tends to represent a general lack of interest.


Title: Re: Soft cap
Post by: shinzai on October 10, 2017, 06:44:17 AM
OK thanks for the clarifications everyone!