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Author Topic: Soft cap  (Read 274 times)
shinzai (OP)
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October 09, 2017, 10:35:57 PM
 #1

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?
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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hdtqisg
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October 09, 2017, 10:37:48 PM
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Depends on the developer, in accordance with the ICO! And other related factors
cryptoking710
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October 09, 2017, 10:39:27 PM
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I think most ICO's put the soft and hard cap details in the white paper.

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October 09, 2017, 11:10:50 PM
 #4

Generally, if the soft cap is not reached the funds returns to investors wallet. Unless the team are scammers.

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Athreos
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October 09, 2017, 11:14:45 PM
 #5

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.
shinzai (OP)
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October 10, 2017, 06:44:17 AM
 #6

OK thanks for the clarifications everyone!
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