What happens if Soft Caps aren't met?

[Davehad]

What happens if soft caps aren't met are most/all ICO's cancelled - or extended?  What generally happens to Bounty Rewards in that case? Are they just wiped and nothing gained?

I'm guessing that there are no hard or fast (or legal) rules in place for these scenario's? Or are there?

[MadGamer]

I came across some ICOs where they state that in case soft cap is not reached, investors will be refunded so If that's the case, It would make sense to have the ICO cancelled because the funds were meant for the development.

[mundang]

That will be saddest  news  in every bounty hunter cause  once the softcap is not reach or not met this will happen, investors money will be refunded ,bounty participants will get nothing for thier work, the project will try again another time to restart the project.

[superving]

What happens if soft caps aren't met are most/all ICO's cancelled - or extended?  What generally happens to Bounty Rewards in that case? Are they just wiped and nothing gained?

I'm guessing that there are no hard or fast (or legal) rules in place for these scenario's? Or are there?

Every participants on that campaign will get nothing due to the softcap is not reached, every inverstors will recieve a refund and not enough fund to continue the project, it only says it's a free advertising.

[nniecan001]

What happens if soft caps aren't met are most/all ICO's cancelled - or extended?  What generally happens to Bounty Rewards in that case? Are they just wiped and nothing gained?

I'm guessing that there are no hard or fast (or legal) rules in place for these scenario's? Or are there?

Every participants on that campaign will get nothing due to the softcap is not reached, every inverstors will recieve a refund and not enough fund to continue the project, it only says it's a free advertising.

How sad but it's true for a lot of event. That's why many devs and participant do everything to promote and advertise the project to meet the soft cap on time.

[carlfebz2]

What happens if soft caps aren't met are most/all ICO's cancelled - or extended?  What generally happens to Bounty Rewards in that case? Are they just wiped and nothing gained?

I'm guessing that there are no hard or fast (or legal) rules in place for these scenario's? Or are there?

Case to case basis which decisions would be made would be entirely depending on the management/owner itself specially if the funds is being escrowed or not but I would say it would prefer on escrowed ones because investors can assure that there would be a cashback or refund on the money being invested. I have experience to see an ICO haven't reach their soft cap and decided to refund all of their investors and relaunch again on another month or soon but there are some cases which ICO's decided to extend in able to reach the cap. This is actually situational.

[nniecan001]

What happens if soft caps aren't met are most/all ICO's cancelled - or extended?  What generally happens to Bounty Rewards in that case? Are they just wiped and nothing gained?

I'm guessing that there are no hard or fast (or legal) rules in place for these scenario's? Or are there?

Case to case basis which decisions would be made would be entirely depending on the management/owner itself specially if the funds is being escrowed or not but I would say it would prefer on escrowed ones because investors can assure that there would be a cashback or refund on the money being invested. I have experience to see an ICO haven't reach their soft cap and decided to refund all of their investors and relaunch again on another month or soon but there are some cases which ICO's decided to extend in able to reach the cap. This is actually situational.

For being honest, I thought the ICO extend because they want to earn more than to their soft cap even if they already got their quota. I encounter that in Micro money, thanks for giving me the other reason why they extend.

[Angi]

If they not reached their soft camp the investors are refunded and some of ico give free token to the investors for not reaching the soft cap and maybe the ico will fall and the participants may given but not all thats what I think maybe they will be extended for that issue.

[Zadicar]

What happens if soft caps aren't met are most/all ICO's cancelled - or extended?  What generally happens to Bounty Rewards in that case? Are they just wiped and nothing gained?

I'm guessing that there are no hard or fast (or legal) rules in place for these scenario's? Or are there?

Case to case basis which decisions would be made would be entirely depending on the management/owner itself specially if the funds is being escrowed or not but I would say it would prefer on escrowed ones because investors can assure that there would be a cashback or refund on the money being invested. I have experience to see an ICO haven't reach their soft cap and decided to refund all of their investors and relaunch again on another month or soon but there are some cases which ICO's decided to extend in able to reach the cap. This is actually situational.

For being honest, I thought the ICO extend because they want to earn more than to their soft cap even if they already got their quota. I encounter that in Micro money, thanks for giving me the other reason why they extend.

Its not actually an honest thing but just a basic stuff that would really must do for them to succeed on their crowdfund.If their accumulated funds is already hitting up on the minimum or soft cap they would either decide to consider it a success or wait for little more further.On what the guys said above decisions would really matter on the team and I do always seek out for project that do have a realistic soft cap than to those insane ranges being given or set out by some.

[randyboy]

The ico will going to fall and all the investors are refunded but not all refunded some ico they run it scam all participants and the investors if they not reached the soft cap not all ico but other members will did they run the money they think that the soft cap is not reached its earnings so thats why other ico are scamming the participants and investors.

[man22555]

I experienced this with the Milkcoin ICO.
The softcap hasn't been reached so they started to refund the investors. It took them some time & manpower to achieve this, but everything went fine in the end.

I don't know what happens to bounties in that case, but i think some projects have a budget for that in advance of the ICO.

[fallensky7]

If an honest company then the funds are returned to investors participating in the sale, and the bounty hunter does not receive anything. And if the scam simply disappears, will it be hard cap or soft cap