Why is ICO period long?

[julzcoinbit]

ICOs periods are long because projects need to make some hype, to bring the view of future product to all possiblie investors. If team rushs with money collecting then they risk not to even collect a soft cap

Yeah, I agree and Ive been experience that some of my campaign where did I participated. They need more hype or promition just like you have said In order to gain more Investors until they reach their minimum token sale.

[rainypu]

With the ICO was extended there are certainly some issues such as the sale does not run smoothly, or the sale haven't reached the hard cap. Of course, this is usually that in shallot trade disadvantaged are the participants of the bounty, their payments will have to be postponed until the ICO is completed.

[maichimoto]

This is a question I ask myself all the time that why do so many ICOs usually take so long period of time before they are  finally over. Some ICOs could go for long period of time as long as 6 months and 7 months thereabout. Does it mean the longer the period of ICO the better the rewards? Does that long period of time really mean I will have better profits either as a bounty hunter or an investor? I need some clarification and probably some  advise as a newbie to ICO bounty.

these days there are too many icos to choose between. That makes it more difficult for each ico to collect the funds they need. Therefore they probably feel that they need more time to reach their funding goals.

[Dblue]

ICO is basically a period for the team members to get awareness for the project so that they can get investors to invest in it so they have to put enough time for their project to get enough exposure for their project. Some can even end up extending the ICO period if they time that they put initially has elapsed and they did not get enough investors

[Marcsymon]

ICO is basically a period for the team members to get awareness for the project so that they can get investors to invest in it so they have to put enough time for their project to get enough exposure for their project. Some can even end up extending the ICO period if they time that they put initially has elapsed and they did not get enough investors

I think you have a great point of view. In addition some ICO's have a so called soft cap and a hard cap. If these things will be completely acquired I think these ICO's are succeesful no matter how long is the period of time being spent atleast it end up with valuable investors support. And most of the ICO's that spent long period of time in campaigning are mostly end up with profitable investment, this is what I really believing.

[MortonAlden]

This is a question I ask myself all the time that why do so many ICOs usually take so long period of time before they are  finally over. Some ICOs could go for long period of time as long as 6 months and 7 months thereabout. Does it mean the longer the period of ICO the better the rewards? Does that long period of time really mean I will have better profits either as a bounty hunter or an investor? I need some clarification and probably some  advise as a newbie to ICO bounty.

Well it is always difficult to motivate people and convince them into buying something. Whenever a new coin or I would say even a new project comes up, the period of convincing is long. This is applicable to all coins including ICX, Lisk and PRG (for cannabis business it was difficult for people to accept it)

[KodyAaron]

This is a question I ask myself all the time that why do so many ICOs usually take so long period of time before they are  finally over. Some ICOs could go for long period of time as long as 6 months and 7 months thereabout. Does it mean the longer the period of ICO the better the rewards? Does that long period of time really mean I will have better profits either as a bounty hunter or an investor? I need some clarification and probably some  advise as a newbie to ICO bounty.

People are not easily convinced.  It takes a long time to understand the importance of a coin and it is hard to to explain the purpose and motive behind that. Coins like TAU, ADA and Lisk are in my wallet right now and it was difficult to promote these great coins too.

[APICEMTECH]

Reason some ICO's take a long time is that initially they need to advertise about their product to the people who they want should buy into them. Then after the ICO begins, it depends on how soon its market cap is achieved.

[idioma1]

It is so because the longer the program lasts, the more investors they can get. It depends on your assests and preferences. Investing is more profitable as for me and takes less time.
 

[waldocarter]

The only plus from the fact that ICO extend the deadline, it's an opportunity to raise more funds. And just because of this, the amount of payments for bounty hunters can also increase.

[waldocarter]

The only plus from the fact that ICO extend the deadline, it's an opportunity to raise more funds. And just because of this, the amount of payments for bounty hunters can also increase.

However, it often happens that the amount of fees is not increased. And the project just takes time, and the bounty hunter does more work for a smaller payout. Personally, I'm more inclined to the fact that the period of ICO would not be extended. If the project has not collected the planned amount of funds, then it will not collect it in the future.

[StImelda]

A good project takes a lot of time and resources to achieve success.Some ICOs may also be delayed due to legal and regulatory restrictions.I know a lot of ICOs that are currently on hold because SEC hurdles.

[mazdafunsun]

This is very simple, they want more money!

They did reach their goal in the past period , thus they pro long the ICO in order to get more funds.
I have been in similar situation in bounty and this is not pleasant.

Normally bounty manager and the team should allow people to stop their work and save their stakes but this unfortunately always happens.Also i have seen when some ICOs increase bounty pool.

[gitotedjo]

ICO was created to apply a product that has been designed by an industry. To be able to apply all the series of concepts that have been made of course will take quite a long time. From the start of the industry designing the concept in order to really be able to attract the participants and investors, then ICO must raise funds and support to be able to apply the design of the concept. After getting capital, the new ICO will apply its concept. So, reasonable if the process is very long.

[danherbias07]

This is very simple, they want more money!

They did reach their goal in the past period , thus they pro long the ICO in order to get more funds.
I have been in similar situation in bounty and this is not pleasant.

Normally bounty manager and the team should allow people to stop their work and save their stakes but this unfortunately always happens.Also i have seen when some ICOs increase bounty pool.

It might be unpleasant too your sight only but what about those who are in the team of the ICO? Have you ever considered that?
Lack of funds means the end of their campaign which will also pay nothing to all the bounty hunters. That is the risk of joining one ICO bounty campaigns and I hope you know that before you joined them.
They need the funds to at least pay for all the capital for marketing and advertisements and also tours to get more investors. ROI plus more for the project to continue. At least look at it as if you are one of them.

[honey0199]

every project I think has its own goal, there is a fast existing old, it all depends on the decision of the team maker if the project is interesting with fast time capable of success in such a way but many also end up extending the project's ICO time.

[poppapop456]

The thing is that they need to get people interested and it might take time for people to notice the project and start putting money into it. That is why they let enough time for the ico so enough people can get enough time to see the project and decide if they will invest in it or not invest.

[sebastianlbj]

ICO with a very long time it aims to ico it can reach the target that has been specified (hardcap) if hardcap can be achieved then the project will be easy in development but with a very long time will not affect or give very much results on bounty hunter because for bounty hunter already has its own allocation in the distribution

[wirosableng]

The thing is that they need to get people interested and it might take time for people to notice the project and start putting money into it. That is why they let enough time for the ico so enough people can get enough time to see the project and decide if they will invest in it or not invest.

Well if you consider from the point of view of the bounty hunters, then you would not expect the benefit of the fact that ICO will last long, as more and more new entrants are connected and you also lose time, and can participate in two companies that will spend less time.

[godspree]

In my opinion, if an ICO campaign runs for a long time, it might show the uncertainty of the ICO team that it will be able to raise the necessary funds. I think that if an ICO runs for too long, then investors can lose their interest in the project.