What happens if ICO didn't reach it's MINIMUM CAP?

[ichanjay]

 I would like to be informed on what happens to your investment if ICO didn't reach its minimum capital. As far as I know, ICO will be refunded to its investor. But a particular ICO told me that their project will continue and the coins will still be on exchanges even if didnt hit the minimum cap. Is this true? or is it possible to be a scam? Thank you for your responses

[alexey8080]

in most cases you will recive a return.
It is better to refrain from ico, where redund is not made.

[twobits]

in most cases you will recive a return.
It is better to refrain from ico, where redund is not made.

But that depends on the company's agreement some icos that doesn't refund the money of the investors and just try to run the project with those funds just like ark and it become successfull project in this time.

[ichanjay]

in most cases you will recive a return.
It is better to refrain from ico, where redund is not made.

But that depends on the company's agreement some icos that doesn't refund the money of the investors and just try to run the project with those funds just like ark and it become successfull project in this time.

So basically. It should be refunded? So when an ICO tells that the project will continue and be on exchanges even when not hitting the minimum cap. is considered a scam?

[r0nald82]

well,this is new information for me.is it ever happen ico target didn't achieve?

[ichanjay]

well,this is new information for me.is it ever happen ico target didn't achieve?

Actually I don't know any ICO that didn't reach its minimum cap. However I'm just being cautious since this ICO has a few followers and not doing much of advertising its project.

[DarkSi]

I would like to be informed on what happens to your investment if ICO didn't reach its minimum capital. As far as I know, ICO will be refunded to its investor. But a particular ICO told me that their project will continue and the coins will still be on exchanges even if didnt hit the minimum cap. Is this true? or is it possible to be a scam? Thank you for your responses

All the payments should be returned. There should be a term of the smartcontract. Keep away from the ICOs with no smarcontract.

[Valzador]

I found a project has reached softcap / minimum cap but did not pay bounty participants and the project was not continued.
Please be careful in choosing ICO

[Emoclaw]

-snip-
So basically. It should be refunded? So when an ICO tells that the project will continue and be on exchanges even when not hitting the minimum cap. is considered a scam?

Not necessarily. It depends on how the smart contract is written.
If the team says in their announcement thread or their website before the ICO starts that refunds will be issued upon failure to achieve the minimum target, then that's probably what's gonna happen.
If they say that the project will continue despite not hitting the target, then it's reasonable to assume that their funding is still enough to go on. Doesn't mean it's a scam.
If it's a scam, they run away with your money either way.

[DarkSi]

well,this is new information for me.is it ever happen ico target didn't achieve?

Actually I don't know any ICO that didn't reach its minimum cap. However I'm just being cautious since this ICO has a few followers and not doing much of advertising its project.

There are many of ICOs didn't reach its soft cap. It's okay and could even better for them.

[alan2here]

If not reach the minimum CAP. They will try to push their money to buy that tokens to gain soft cap and will deceive people to take that money. There are many projects that do this because they do not want to miss that amount

[anggriani]

as far as I know if the minimum is not reached, then the investor fund will be returned. but there is also a project whose token is still shared if the minimum is not reached. in the whitepaper clearly written their plans, what steps they will run, starting hard cap, soft cap and if the minimum is not reached.

[daenarys_stormborn]

when I was newbie I also had the same question with you, maybe because I was not experienced in following ico, and now when I have experienced it, I can answer it, if ico project is not reach soft cap / minimum cap, they will refund to investors, and if they hold a bounty campaign, then the bounty hunter who has participated will not get paid

[ichanjay]

Thank you for the responses. Im now enlightened 

[pitiflin]

I would like to be informed on what happens to your investment if ICO didn't reach its minimum capital. As far as I know, ICO will be refunded to its investor. But a particular ICO told me that their project will continue and the coins will still be on exchanges even if didnt hit the minimum cap. Is this true? or is it possible to be a scam? Thank you for your responses

Icos will raise money if they want to do any legit thing. Shitty Icos wont raise required capital and if they dont they will be listed on a terrible and bullshit exchange ,pay them around 1-5 btc and enjoy the rest of their funds raised for personal purposes.

[Beparanf]

I would like to be informed on what happens to your investment if ICO didn't reach its minimum capital. As far as I know, ICO will be refunded to its investor. But a particular ICO told me that their project will continue and the coins will still be on exchanges even if didnt hit the minimum cap. Is this true? or is it possible to be a scam? Thank you for your responses

Icos will raise money if they want to do any legit thing. Shitty Icos wont raise required capital and if they dont they will be listed on a terrible and bullshit exchange ,pay them around 1-5 btc and enjoy the rest of their funds raised for personal purposes.

Now even the legits one were failing since shitty coins were much good on marketing or to scam people, legit one when failed will return money investors. And sometimes its sad to see those ico that failed with good interest and willing to make development.

[Michaelsch]

As I know they need to announce info about this is happening and give all coins they already received back to all investors... sad... but fair

[BlackPanda]

in most cases you will recive a return.
It is better to refrain from ico, where redund is not made.

But that depends on the company's agreement some icos that doesn't refund the money of the investors and just try to run the project with those funds just like ark and it become successfull project in this time.

Most ICOs implement such systems. they mentioned that when the project does not run successfully, investors do not have the right to take the money they have deposited for the project. this is certainly a concern for many people who want to invest. in fact there are sometimes ICO who just make a fraud, he deliberately made a project with a variety of frills but in fact he just collects bitcoin. this is a very high risk, so try to be able to choose a good project and also looks profitable. doing analysis and visiting websites for reference can be one of the best ways we can do before making important decisions.

[bongiu]

From what I've read here, I didn't know that a return of the investment was made, but I supposed that the smart contracts are supposed to do that. Anyway, I have a question and I hope that someone can answer it: Is the softcap the necesary money for the project to work? Thank you

[Odora]

usually ICO or developers involved in failed ICO projects will go or extend their campaign periods,
so I'm somewhat hesitant to invest in ICO if the project concept is not good and clear..