Just a quick question

[yudhistira]

In my opinion, but I'm not sure, they can use the money collected.   
Still, they collect them to develop the project and they have need from them.

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[MISS_nSTASSY]

They can do whatever they want only in one case - if they dont have escrow. If the ICO you want to invest in dont have escrow - your money can be spent right after you send it. And it can be spent not on development at all.

[Zentor]

If ICO uses escrow or smart contract which contains money to the end of ICO than they can`t. In other cases yes, of course.

[Xtra_Coin]

As far as I understand, the funds that the company collects during ICO they are needed to achieve some goals. If those facilities that they need to launch their platform are already extracted by the company, then it can terminate the ICO in a timely manner.

[cryptoux]

They can. They will use the funds for development, which will allow them to further attract more investors

That is, they can receive money and immediately spend it to attract new investors? Is it possible?

Of course it is part of the development,advertising team would be use some of the funds raised by the ICO,but mostly these ICOs are using their tokens to reward the bounty hunters for promoting their ICO to the socialmedia,blogs and websites,also here in bitcointalk.But why would you want to know if these people would use the money for their advertising?

[Bounty_Hunter]

I'm not sure, but it seems to me that all ICOS should wait for hard cap to reach. They can't finish ico when reaching the soft cap.

[VanKleiss]

When there is an ICO, can the company running the ICO take and use the funds once the soft cap is reached or do they need to wait to the ICO is over?

They don't need to wait for the ICO to be over. It is actually their decision whether they will use it or not because they need funds to pay for campaigns and development. But a good ICO usually have an initial fund so they don't have to use the funds that is coming from ICO until the sale is over.

[kaineh]

I recently witnessed how the project team used the tools of a soft cap. At the same time, they continued to collect the funds of ICO and further

[Balab01]

I have never met such a campaign that will take and give up money like this, because if the company is quite well-known and the project is popular, then only time is needed to reach  hard cap

[Shirin16]

When there is an ICO, can the company running the ICO take and use the funds once the soft cap is reached or do they need to wait to the ICO is over?

I think it depends on the initial commitment of the project. some have rules if not reach softcap then there is a refund there is also the opposite. and if most if it is softcap then the team can pick up and which have been shipped.

[FaucetKING]

The real thing is that nobody knows about these icos companys, they might have the full permission to access and use the funds collected in the first steps of the ico process, well you should ask a lawyer maybe or a CEO of an ico and you might get a good answer about this whole process.

[IgniHash]

Its probably the used that softcap amount to pay their operational expenses.
It's normal I think, the need you pay the team or the promotional tools.

[bornforfreedom]

Depends on how the ICO is structured. Been even seeing projects opt out of an ICO. I know Polymath did that and instead airdropped 10 million POLY tokens, which was great because now they're all worth $250-$300 for 250 tokens people received. https://polymath.network/

[lovemsngr]

In general, this is possible and occurs mainly when the timing of the project is small enough and the company decides not to wait and work with soft cp, but this happens really rarely

[Aivengo111]

Basically the campaigns do not stop on soft caps, because they want to go to hard cap when it's more than enough money to do their project

[radokan]

I'm not sure, but it seems to me that all ICOS should wait for hard cap to reach. They can't finish ico when reaching the soft cap.

Yes they can. If they collect soft cap it means they already have enough money to continue with project.
You are wrong if you think that they should wait until ICO reach hard cap. Imagine ICO running a year without reaching hard cap, tokens can't go to exchange, investors pissed and so on.

[NutellaboY]

Basically the campaigns do not stop on soft caps, because they want to go to hard cap when it's more than enough money to do their project

Great answer (you got my sarcasm?) but the question was "can they use funds after the softcap or have to wait till the hardcap?"
And the correct answer is: they can do whatever they want with the funds that already raised.

[CryptikEnigma]

I have not seen this, but I think that this is possible because softcap is the minimum necessary sum of money, so the project can be implemented only with softcap

[terible.hunter]

When there is an ICO, can the company running the ICO take and use the funds once the soft cap is reached or do they need to wait to the ICO is over?

I think that everything depends on what is written in the smart contract that is created for the ICO, as far as I know that they can not just take and take money, although what prevents them from doing this, if there is no smart contract for this. I think it's possible.

[Mevz]

When there is an ICO, can the company running the ICO take and use the funds once the soft cap is reached or do they need to wait to the ICO is over?

I think its obviously when the company is not paying in BTC on their bounties like Signature campaigns. They don't have reserved funds which means some of them had the intention of abandoning the project if they even reached the softcap they'll scam some few investors with that. That's only the risk in investing on some ICO's some of them are just so ambitious.