Yasemin
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November 05, 2017, 04:53:24 AM |
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The minimum funding goal for the Gatcoin project is $20 million USD. Does anyone know how much they raised and if they hit the soft cap?
Yikes, I somehow overlooked that. Looking at some other projects it seems currently hard to raise more than $5 million. The days of Tezos, EOS and Filecoin are definitely behind us. At least until the fork. I think even after the fork, those golden days of massive hype ICOs are gone now. Not only are there more regulations and crackdowns, I think a lot of the newbie investors who have been burnt by ICOs have learnt their lessons. I hope this project will continue even if they don't hit the soft cap. Gatcoin is one of the few ICOs I am really excited about and believe in. Loyalty cards are so outdated, I hate to carry around 20 cards from merchants so I never do, but I always miss the discounts. I know I am not the only one, so Gatcoin is really something people need. The idea of targeted airdrop is just genius. So this project must go on, hope they can lower the soft cap.
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cmg12
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November 05, 2017, 05:57:06 AM |
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It's not impossible to raise these amounts these days. The UTrust ICO, for example, is really popular at the moment. And the main-ICO for Gatcoin will be mid-December, the market situation will probably look different than today because BTC 2x fork is long over.
Tough call. There is also a chance all ICOs are going to implode. Look at Tezos, a record breaking ICO, it is on the brink of falling apart. If that fails, it may shatter investors' trust in ICOs. https://cointelegraph.com/news/tezos-ico-class-action-lawsuit-now-official-tim-draper-on-defensiveWell its a nice precedent that the teeth of the law are finally getting on with ICO's with alleged intent to commit fraud to the people. Well we do need to realise that 90% of ICO's will fail. This is just the same with venture capital. You just have to research your projects very will before investing. The ICO's or the projects? Often successful ICO (sold out or nearly reached the hard cap) will make the price of their token/coin getting a downtrend. There is no room for their token to grow , and the important thing is because their ICO and their product launch are very far apart. 90 % is too pessimistic assumption. Many projects will continue their development and they will succeed in the long run ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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levyashin
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November 05, 2017, 06:08:23 AM |
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The minimum funding goal for the Gatcoin project is $20 million USD. Does anyone know how much they raised and if they hit the soft cap?
Yikes, I somehow overlooked that. Looking at some other projects it seems currently hard to raise more than $5 million. The days of Tezos, EOS and Filecoin are definitely behind us. At least until the fork. I hope they adjust the budget and continue. They have a great product and vision but it is not that easy to raise 20m$ in this market. Maybe 20m $ is just a target but not soft cap for them. I believe after s2x fundings will improve but still 20m $ is looking too high to reach.
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toolucky98
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November 05, 2017, 06:25:03 AM |
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The minimum funding goal for the Gatcoin project is $20 million USD. Does anyone know how much they raised and if they hit the soft cap?
Yikes, I somehow overlooked that. Looking at some other projects it seems currently hard to raise more than $5 million. The days of Tezos, EOS and Filecoin are definitely behind us. At least until the fork. I hope they adjust the budget and continue. They have a great product and vision but it is not that easy to raise 20m$ in this market. Maybe 20m $ is just a target but not soft cap for them. I believe after s2x fundings will improve but still 20m $ is looking too high to reach. Dont worry about this, they still have so much time, the ICO will end on January 15th, 2018, its about 2 months from now. They will have a demonstration app and im sure it will attract many more investors.
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Piggy
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November 05, 2017, 06:28:47 AM |
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20M was not very much considering the project and partnerships but, i hope they reconsider and start it anyway
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the_donald
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November 05, 2017, 06:47:56 AM |
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20M was not very much considering the project and partnerships but, i hope they reconsider and start it anyway
they better continue with the project. but they did choose the timing of the ICO poorly. nobody invests now because of the fork
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viljy
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November 05, 2017, 06:57:53 AM |
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The minimum funding goal for the Gatcoin project is $20 million USD. Does anyone know how much they raised and if they hit the soft cap?
Yikes, I somehow overlooked that. Looking at some other projects it seems currently hard to raise more than $5 million. The days of Tezos, EOS and Filecoin are definitely behind us. At least until the fork. I also doubt that they will reach 20 million. Probably they need to reconsider their plans in the direction of reducing the soft cap. Although it is necessary to wait fork, and then make decisions. But the project is very sensible.
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imtiazmahmood
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November 05, 2017, 07:17:41 AM |
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gatcoin soon reaching pre-sale 50%. i know community of interest day by day increasing. so i think hardcap also reach before end ICO date.
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Piggy
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November 05, 2017, 08:11:39 AM |
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The minimum funding goal for the Gatcoin project is $20 million USD. Does anyone know how much they raised and if they hit the soft cap?
Yikes, I somehow overlooked that. Looking at some other projects it seems currently hard to raise more than $5 million. The days of Tezos, EOS and Filecoin are definitely behind us. At least until the fork. I also doubt that they will reach 20 million. Probably they need to reconsider their plans in the direction of reducing the soft cap. Although it is necessary to wait fork, and then make decisions. But the project is very sensible. Its.indeed possible that after the fork the it will be easier to reach 20M, we need to wait for the team and their decision
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Mystic90
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November 05, 2017, 08:13:40 AM |
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gatcoin soon reaching pre-sale 50%. i know community of interest day by day increasing. so i think hardcap also reach before end ICO date.
I still see 30% https://i.imgur.com/CTuZsUJ.pngOr is my counter not working properly?
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cmg12
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November 05, 2017, 08:32:23 AM |
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The minimum funding goal for the Gatcoin project is $20 million USD. Does anyone know how much they raised and if they hit the soft cap?
Yikes, I somehow overlooked that. Looking at some other projects it seems currently hard to raise more than $5 million. The days of Tezos, EOS and Filecoin are definitely behind us. At least until the fork. I also doubt that they will reach 20 million. Probably they need to reconsider their plans in the direction of reducing the soft cap. Although it is necessary to wait fork, and then make decisions. But the project is very sensible. Its.indeed possible that after the fork the it will be easier to reach 20M, we need to wait for the team and their decision I think that 20 millions is too much for this kind of project but I could be wrong
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niklasmato
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November 05, 2017, 08:52:28 AM |
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The minimum funding goal for the Gatcoin project is $20 million USD. Does anyone know how much they raised and if they hit the soft cap?
Yikes, I somehow overlooked that. Looking at some other projects it seems currently hard to raise more than $5 million. The days of Tezos, EOS and Filecoin are definitely behind us. At least until the fork. I also doubt that they will reach 20 million. Probably they need to reconsider their plans in the direction of reducing the soft cap. Although it is necessary to wait fork, and then make decisions. But the project is very sensible. Its.indeed possible that after the fork the it will be easier to reach 20M, we need to wait for the team and their decision I don't think the fork is the problem. I think that the issue is with other ICO's that have raised obscene amounts of money and are now on the verge of stopping (eg Tezos)
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SEELE^^01
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November 05, 2017, 09:06:44 AM |
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The minimum funding goal for the Gatcoin project is $20 million USD. Does anyone know how much they raised and if they hit the soft cap?
Yikes, I somehow overlooked that. Looking at some other projects it seems currently hard to raise more than $5 million. The days of Tezos, EOS and Filecoin are definitely behind us. At least until the fork. I also doubt that they will reach 20 million. Probably they need to reconsider their plans in the direction of reducing the soft cap. Although it is necessary to wait fork, and then make decisions. But the project is very sensible. Its.indeed possible that after the fork the it will be easier to reach 20M, we need to wait for the team and their decision I don't think the fork is the problem. I think that the issue is with other ICO's that have raised obscene amounts of money and are now on the verge of stopping (eg Tezos) possible fact if i would get like 100m for a project, where i only need 10m to get it running, hell i would use 40m as a reserve for the future and kill the rest on hookers and drugs ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) and wont even get any legal issues ><
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Elkmar
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November 05, 2017, 09:46:29 AM |
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Just got asked for another loyalty program card right now while buying at a convenient store currently in Japan. I need this app right now!
Nice, I often go to asia for trips and jobs, maybe one day I'll have the opportunity to use gatcoin.
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Yasemin
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November 05, 2017, 09:48:19 AM |
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The minimum funding goal for the Gatcoin project is $20 million USD. Does anyone know how much they raised and if they hit the soft cap?
Yikes, I somehow overlooked that. Looking at some other projects it seems currently hard to raise more than $5 million. The days of Tezos, EOS and Filecoin are definitely behind us. At least until the fork. I hope they adjust the budget and continue. They have a great product and vision but it is not that easy to raise 20m$ in this market. Maybe 20m $ is just a target but not soft cap for them. I believe after s2x fundings will improve but still 20m $ is looking too high to reach. Dont worry about this, they still have so much time, the ICO will end on January 15th, 2018, its about 2 months from now. They will have a demonstration app and im sure it will attract many more investors. Why does the token last sale so long? Does anyone know this? Did they foresee that the fork would be causing less sales?
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Jay2408
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November 05, 2017, 09:58:40 AM |
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The minimum funding goal for the Gatcoin project is $20 million USD. Does anyone know how much they raised and if they hit the soft cap?
Yikes, I somehow overlooked that. Looking at some other projects it seems currently hard to raise more than $5 million. The days of Tezos, EOS and Filecoin are definitely behind us. At least until the fork. I hope they adjust the budget and continue. They have a great product and vision but it is not that easy to raise 20m$ in this market. Maybe 20m $ is just a target but not soft cap for them. I believe after s2x fundings will improve but still 20m $ is looking too high to reach. Dont worry about this, they still have so much time, the ICO will end on January 15th, 2018, its about 2 months from now. They will have a demonstration app and im sure it will attract many more investors. Why does the token last sale so long? Does anyone know this? Did they foresee that the fork would be causing less sales? Currently, the pre-sales takes place which is 4 weeks and will last until 28 November. The actual ICO then will only start on 15 Dec and last 4 weeks which is a quite normal period but altogether this makes indeed long 2 1/1 months.
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cantdecide
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November 05, 2017, 09:59:02 AM |
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Just got asked for another loyalty program card right now while buying at a convenient store currently in Japan. I need this app right now!
Great. You could have told them youll be back in a couple of months armed with the GATCOIN app. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Yeah I could tell them: “I don’t have your card right now, but do you know Gatcoin? I will be back later when you use it. You will definitly use it!” ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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kraterion
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November 05, 2017, 10:04:18 AM |
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Mother of God, stay calm this is the pre-sale , ICO will be in december when hopefully alts and ICO markets will rise and shine again
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Sozialtourist
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November 05, 2017, 10:10:50 AM |
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Mother of God, stay calm this is the pre-sale , ICO will be in december when hopefully alts and ICO markets will rise and shine again
These are exactly my words. The pre-sale just started a bit more than a week ago and will last until the 28th of November. Then the ICO will start on 15th December. Still a long time until it will start and you are already talking about adjusting the softcap like the ICO raised no money and is already in its final days ...
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matjas
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November 05, 2017, 10:12:13 AM Last edit: November 05, 2017, 11:10:08 AM by matjas |
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The minimum funding goal for the Gatcoin project is $20 million USD. Does anyone know how much they raised and if they hit the soft cap?
Yikes, I somehow overlooked that. Looking at some other projects it seems currently hard to raise more than $5 million. The days of Tezos, EOS and Filecoin are definitely behind us. At least until the fork. I also doubt that they will reach 20 million. Probably they need to reconsider their plans in the direction of reducing the soft cap. Although it is necessary to wait fork, and then make decisions. But the project is very sensible. Its.indeed possible that after the fork the it will be easier to reach 20M, we need to wait for the team and their decision Definitely 20mil$ is too high in this circumstances and i think they have to reconsider about that. Unfortunately they came to the market a little bit to late to get that huge amounts of money in ICO.
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