Do you feel ICOs try to raise too much?

[Black_bl]

I think from our side it can seem like that, but if you are running a startup why wouldn't you try to get more? It means you have more money for a runway, more staff, more marketing etc.

I think so too. More money = better advertising, better developers. Better everything. Of course, granted that people behind ICO have a broader vision than just to collect, cash out and make a mediocre product.
Thus, people should invest more responsibly. I see tons of people who know nothing about the product/ICO and just buys coins/token in hopes they will ride lambo in a month
As long as there are such people, we will have zillions of new ICOs every day popping up.

You're right man, the more they rise the more they spend, however would be fine if they set their soft cap according correct numbers and make sure investors what they will handle those money. To be more specific would be fine, not just say we use 10% on promotion etc.

[donalfonso]

ICOs raise too much, that I agree. but its a good approach just in case they dont reach their targets the project can still be viable and they can still meet up with all their ad and bounty campaign payments, and I guess this approach is working, thats probably why we have uncountable ICOs now trying to raise too much.

[spawnycrypto]

For most of them, Yes! Actually, there are three types of ICOs. One type, a company has a product and decides to use blockchain technology and produces its own token.( They really don't need to raise incredible amount of money). Second, a promising project but in order to be a fully functional, they need a lot of money ( for team, technology, maintenance, marketing etc.). Third, scams or manipulators (offers fantastic solutions but do almost nothing thanks to good marketing. They say they need a lot of money as well).

[Caseareo88]

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[Crypto_Day_day]

most of them claim too much in their caps.

i guess that they do it because we allow it as a community. but the fact that a lot succeed at it and their token provide profit for investors proves that they might be greedy but they probably had a good application or idea for this community and it's a win-win situation.