the softcap is so high, why?
and do you have confidence in reaching the softcap?
I’m pretty sure this is not some number the team throws out. Seeing as they have a healthy pool of existing clients on the platform, it is certainly possible. It’s all about who you know in the ICO world... look at Tezos raised so much without an MVP, and the Tezos product isn’t really all the revolutionary
Is it possible to know the world of ICO well? To anticipate the usefulness and necessity of the project, the main task, to form the best team, to see and think one step ahead is also excellent, but it is difficult ... not everyone is subject to this. I hope our project is one of the best. Tezos is a good project waiting for the result, but the conversation is not about it.
Well, I did not mean to make Tezos look bad, but just as a basis of comparison.
It is very easy to do marketing, especially in the world of ICOs where it is all 'smoke and mirrors'. So I use other indicators to see the worthiness of a ICO.
I like to use 2 ways of analysis:
1) Who is in the team? What companies are backers/existing users/partners,etc?
Good connections are hard to come across. Big players dont want their brand on a bad ICO
2) Can the ICO platform function without a token? Is it a ICO for ICO money collections sake?
If the platform can operate without the token it really shows the nature/motivations of the team
The reason why Im so interested in crowdmachine is that for these 2 tests I have described above, this ICO performs very well. A strong team, strong existing clients, and the token utility and platform uses are strong and actually needed in real life.
I fully agree with the first point. But I have little experience in this direction and in order to understand who is on the team, it takes time. Perhaps well-known personalities participate in different campaigns. Of course, partners are very important. I agree, if a person respects himself, he is unlikely to want to fall into a bad team. The name is difficult to earn, but very quickly it can lose. That's the second point, I have a problem. Let's discuss each question separately using the example of our CrowdMachine project. Do you have the time.
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