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batako
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April 05, 2018, 06:36:23 AM |
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I don’t think that’s is needed to extend the ico, it’s maybe a good idea but if people Want to invest they will be able to do it on exchanges after the end of the ico. Now sphere has already hit the soft cap, so normally they have enough fund to go on.
Normally when a project already hit the softcap, there will be no token sale extend. They can run the platform with the money that have been collected. |
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jonnytracker
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April 05, 2018, 07:36:38 AM |
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I don’t think that’s is needed to extend the ico, it’s maybe a good idea but if people Want to invest they will be able to do it on exchanges after the end of the ico. Now sphere has already hit the soft cap, so normally they have enough fund to go on.
Normally when a project already hit the softcap, there will be no token sale extend. They can run the platform with the money that have been collected. Or they can wait out until they hit the hard cap or wait until the end of sale date. |
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mr.robot8
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April 05, 2018, 07:41:57 AM |
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also i believe that there is no need to prolong the ico since the soft cap has been reached and then the project will still go ahead
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omwibya
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Merit: 10
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April 05, 2018, 07:53:46 AM |
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also i believe that there is no need to prolong the ico since the soft cap has been reached and then the project will still go ahead
I agree, even though the market is really tough right now. it may recover , but then again it may not. |
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Panadacoin
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April 05, 2018, 08:11:23 AM |
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I think they are pretty active on social media. I agree though, it would be much better if they were active here and gave us updates on how much sold, and other real time stats. There is not much time left, so I guess we will just see soon.
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yeswepump
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Merit: 1011
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April 05, 2018, 10:00:14 AM |
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also i believe that there is no need to prolong the ico since the soft cap has been reached and then the project will still go ahead
I agree, even though the market is really tough right now. it may recover , but then again it may not. well it seems that this project has not been successful overall - in case it fails, there will be a refund to donors? |
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datguyian
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April 05, 2018, 10:12:33 AM |
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Yes i think it’s impossible during this period to predict how an ico will work, the period is a bit hard and some have trouble to reach the hard even for good project. But it mean nothing, sphere can work well even with this period.
All the money that is streaming into crypto is now being divided amongst many more projects compared to 2017. I think the hard caps of all the projects in the future will go down again. Yes, as long as there isn't any substantial amount of new money coming in, projects will have difficulty to reach their sometimes ridiculously high hard cap and need to adjust it. Even if new money comes in the number of projects also grows exponentially and if they are all looking for 50 million dollars to start with, well, that won't work out. It might be easy to enter this market, but a failure rate of projects that have a very average idea and an ambitiously high hardcap should warn new teams off. Investors become more and more picky as well. Still, if there are tens of thousands of projects that have a good idea they won't start out with $50 million anymore. It just doesn't make any sense to provide so much seed investment for a white paper. |
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wissy
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April 05, 2018, 10:17:29 AM |
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also i believe that there is no need to prolong the ico since the soft cap has been reached and then the project will still go ahead
I agree, even though the market is really tough right now. it may recover , but then again it may not. well it seems that this project has not been successful overall - in case it fails, there will be a refund to donors? Why you think it wasn't successful? It exceeded the softcap, so the development will continue. It's too early to talk about success or failure, we'll see what the team is going to make out of it. |
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dzonikg28
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April 05, 2018, 11:12:08 AM |
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Yes there is till less than a week to participate in the token sale. Sphere already reached the soft cap as far as I know, so even if they don’t raise more fund, the project will normally go on.
This is certainly good news, but I am sure that we need to hope for more time is still there, I am sure that the market is still recovering and investors continue to invest. yes the market is slowly recovering, they could perhaps prolong the ico for a week or two to raise some more investments... While you said it is slowly recovering it took another bump. I hope it will be better some time during the second quarter. |
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LancienMaleAlpha
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April 05, 2018, 12:16:29 PM |
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The project will clearly attract a large community! On which exchanges do you plan to conduct the listing?
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jonnytracker
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April 05, 2018, 12:21:26 PM |
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I think they are pretty active on social media. I agree though, it would be much better if they were active here and gave us updates on how much sold, and other real time stats. There is not much time left, so I guess we will just see soon.
Yes it would be good to maintain all of their social channels including this thread, after all it is a social project. They need to hire alot of community manager |
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toolucky98
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April 05, 2018, 12:37:34 PM |
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also i believe that there is no need to prolong the ico since the soft cap has been reached and then the project will still go ahead
I agree, even though the market is really tough right now. it may recover , but then again it may not. well it seems that this project has not been successful overall - in case it fails, there will be a refund to donors? Why you think it wasn't successful? It exceeded the softcap, so the development will continue. It's too early to talk about success or failure, we'll see what the team is going to make out of it. Yes, if they already reached the softcap, its means they already got enough funds to do the development, so we cant say it fails when this is only the beginning of this project. |
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nniecan001
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Merit: 21
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April 05, 2018, 01:12:10 PM |
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also i believe that there is no need to prolong the ico since the soft cap has been reached and then the project will still go ahead
I agree, even though the market is really tough right now. it may recover , but then again it may not. well it seems that this project has not been successful overall - in case it fails, there will be a refund to donors? Why you think it wasn't successful? It exceeded the softcap, so the development will continue. It's too early to talk about success or failure, we'll see what the team is going to make out of it. Yes, if they already reached the softcap, its means they already got enough funds to do the development, so we cant say it fails when this is only the beginning of this project. But we need to expect more, I want the hard cap than the soft cap. I want the success of this project because I see how they work hard to make this project in reality. We never knew what will happen in the future folks! |
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crazyfrog01
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April 05, 2018, 03:12:53 PM |
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Still no answer from dev?
I am heavily disappointed in this hot phase of the ICO.
So I will skip this promising project, because it looks like scam for me.
It's not a scam, but they do need to work on their communication Well, I hope it is not a scam, but we aren't hearing from the devs now for a very long time and that is not a good sign. |
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Jay2408
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Activity: 518
Merit: 101
🚀🚀 ATHERO.IO 🚀🚀
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April 05, 2018, 03:32:43 PM |
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Still no answer from dev?
I am heavily disappointed in this hot phase of the ICO.
So I will skip this promising project, because it looks like scam for me.
It's not a scam, but they do need to work on their communication Well, I hope it is not a scam, but we aren't hearing from the devs now for a very long time and that is not a good sign. Don't know if it's scam or not but I understand that people are dissapointed by the team and probably some people didn't invest because of lack of communication. |
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jonnytracker
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April 05, 2018, 03:42:07 PM |
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Still no answer from dev?
I am heavily disappointed in this hot phase of the ICO.
So I will skip this promising project, because it looks like scam for me.
It's not a scam, but they do need to work on their communication Well, I hope it is not a scam, but we aren't hearing from the devs now for a very long time and that is not a good sign. Don't know if it's scam or not but I understand that people are dissapointed by the team and probably some people didn't invest because of lack of communication. This is true, if you want someone to let you hold their money. You should communicate well and that's one of the purpose of whitepaper. Explaining things your are planing to do. |
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king_of_alts
Member
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Activity: 476
Merit: 10
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April 05, 2018, 03:48:17 PM |
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Still no answer from dev?
I am heavily disappointed in this hot phase of the ICO.
So I will skip this promising project, because it looks like scam for me.
It's not a scam, but they do need to work on their communication Well, I hope it is not a scam, but we aren't hearing from the devs now for a very long time and that is not a good sign. Don't know if it's scam or not but I understand that people are dissapointed by the team and probably some people didn't invest because of lack of communication. This is true, if you want someone to let you hold their money. You should communicate well and that's one of the purpose of whitepaper. Explaining things your are planing to do. They didn't put much effort into this thread so it could have kept some people from investing. The Telegram channel is more active. |
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aveon
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Activity: 434
Merit: 10
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April 05, 2018, 06:06:26 PM |
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Still no answer from dev?
I am heavily disappointed in this hot phase of the ICO.
So I will skip this promising project, because it looks like scam for me.
It's not a scam, but they do need to work on their communication Well, I hope it is not a scam, but we aren't hearing from the devs now for a very long time and that is not a good sign. Don't know if it's scam or not but I understand that people are dissapointed by the team and probably some people didn't invest because of lack of communication. This is true, if you want someone to let you hold their money. You should communicate well and that's one of the purpose of whitepaper. Explaining things your are planing to do. They didn't put much effort into this thread so it could have kept some people from investing. The Telegram channel is more active. And this is quite strange, many people from here may express their opinions somewhere else, thus making bad for the project in the web. |
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Frank37
Sr. Member
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Activity: 770
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
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April 05, 2018, 07:20:40 PM |
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Still no answer from dev?
I am heavily disappointed in this hot phase of the ICO.
So I will skip this promising project, because it looks like scam for me.
It's not a scam, but they do need to work on their communication Well, I hope it is not a scam, but we aren't hearing from the devs now for a very long time and that is not a good sign. Don't know if it's scam or not but I understand that people are dissapointed by the team and probably some people didn't invest because of lack of communication. Yes, me. |
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rjp55
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April 05, 2018, 07:30:57 PM |
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I think they are pretty active on social media. I agree though, it would be much better if they were active here and gave us updates on how much sold, and other real time stats. There is not much time left, so I guess we will just see soon.
Can you ask them about the cause behind neglecting the community in here, I am very curious about it and hopefully they have something concrete.. |
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