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Author Topic: "Unfortunately, we did not reach our SoftCap"  (Read 550 times)
Svafnir74
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May 09, 2018, 04:33:55 PM
 #41

The fact that the campaign was not able to assemble soft cap is bad. But this happens quite often. Especially in our difficult times, when the market is very unstable. In the future, such a situation is also possible. There is nothing you can do now, you have to put up with it. You can never tell in advance which campaign will be successful.
singpolyma
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May 09, 2018, 04:45:00 PM
 #42

It is because of the fact that the ICO is often a benches or can not collect the soft cap I do not invest in ICO. It's a pity that many people lose money on this.
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May 09, 2018, 04:54:38 PM
 #43

Must be a coincidence or something, I'm just now reading also that two projects (both same founders though) are cancelling/reducing all their tokens because they couldn't reach their caps too. I know this isn't the first time that ICOs fail to reach targets, but these were projects that supposedly already received a lot of private funding and just need to expand. Now they're cancelling everything, it seems like they could have lied about having enough to build a MVP.

P.S. Don't blame the bounty managers here!

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Nivelir
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May 09, 2018, 04:59:34 PM
 #44

I have met this phrase very often lately and in some cases it is true, but in some cases it happens that people just do not want to further develop the project and disappear, because they will not give back the money they could collect.
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May 09, 2018, 05:09:25 PM
 #45

I have met this phrase very often lately and in some cases it is true, but in some cases it happens that people just do not want to further develop the project and disappear, because they will not give back the money they could collect.
Yeah, in that case maybe they called scam project, I personally experienced on that when I joining bounty campaign sadly they did not achieve the soft cap of their project so they refund those who invested. Well, in that case, you are still lucky by refunding them there are some others they just like disappear and did not refund to their investors. That is the hardest part of us a bounty hunter so choose the best one before you participate with.

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May 09, 2018, 05:21:41 PM
 #46

Smh, that's really messed up, I heard the bounty was about 12 weeks or something. A lot of people wasted time.
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May 09, 2018, 06:14:05 PM
 #47

Yes, there are ton of ICOs out of here. But investor is limited  Grin Maybe they have a good idea, but their product and marketing is not good enough to attractive ivestors, so they failed. You were in crypto world, where any thing can happen.
EuronPower (OP)
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May 10, 2018, 12:39:40 AM
 #48

It is surprising because that project had a very good reputation, but reality does not forgive. No doubt, you have to study the projects very well even during the course of the campaign so as not to be ambushed

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lester04
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May 10, 2018, 12:52:00 AM
 #49

Unfortunately sometimes we encounter some campaigns like this these is some risk in joining bounty campaigns we accept that sometimes our efforts will be wasted when the ico not succeed in their project or not reach their hard cap so the lesson in this scenario always choose a potential project do proper research on their program and most of all dont expect that you always gained profit in every bounties you participated.
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May 10, 2018, 01:01:52 AM
 #50

Yes even a good project has a chance to fall their ICO sales. Look what the tweet means to be ; say sorry for not reaching the soft cap and do refund after. Great team behind on this digitize project. They will continue to project, comeback more more stronger and strong commumity. This experience make the team more skillfully managing this nice project

Bitcoinjheta
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May 10, 2018, 01:31:57 AM
 #51

There some campaign which we can compared to that situation having softcap is hard to reach. It's all sorts of a campaign owner and manager who leads that project but best could refer to that is a scam project.
Altf4
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May 10, 2018, 01:39:21 AM
 #52

This is very unfortunate ,that the ICO projects did not reach the soft cap, because there are many , who assume that the bounty campaign they are campaigning did not success , and hey are worried for their expected tokens that it will not be given to the participants because the projects is failure.

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May 10, 2018, 01:47:16 AM
 #53

Hello everyone, I'm following the bounty campaign of DigitizeCoin through www.bountyhive.io, this campaign is about to end and when I go to do my work I find this message on the official Twitter account:

"Dear Digitizers, We are happy to see so much support for our project.
Unfortunately, we had only raised 150ETH and did not reach our SoftCap.
All contributors will be refunded. We will be sending out details on how to refund your contributions shortly.
Regards, Team Digitize."

I think many have gone through this situation, this happens recurrently with the bounties campaigns? With which managers? What advice can you provide?
Many people we can call it a victim of different unsuccessful ICOs,i can say that we are a victim if we are hunters or an investors as we take risk and spend time on it.If they didn't reach soft cap,hunters and investors will never recieve their payments and this could cause breakdown of emotions as we take part on promoting their ICOS we spend too much time and dedication to fullfill our duties and responsibilities since we are enrolled in their campaigns  to prove that we are all sincere on our goal.I must say that we take risk in the first place we already knew what will happen its either we profit or to lose everunvested money,time and efforts.

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May 10, 2018, 01:51:48 AM
 #54

Hello everyone, I'm following the bounty campaign of DigitizeCoin through www.bountyhive.io, this campaign is about to end and when I go to do my work I find this message on the official Twitter account:

"Dear Digitizers, We are happy to see so much support for our project.
Unfortunately, we had only raised 150ETH and did not reach our SoftCap.
All contributors will be refunded. We will be sending out details on how to refund your contributions shortly.
Regards, Team Digitize."

I think many have gone through this situation, this happens recurrently with the bounties campaigns? With which managers? What advice can you provide?
it does not matter if softcap is not achieved, because we as bounty participants do not experience losses are only limited time losses. so I think the future should be more selective to follow a project so that the results can be maximized and reach hardcap.

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zimmah
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May 23, 2018, 09:01:08 PM
 #55

Much better when the project frankly admits that it gathered a small amount of money and returns it back to its investors. There were times when ICO artificially increased  the amount of collected funds and then disappear with the money.
Many ICO are unable to collect softcap. This is quite a common situation.
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May 23, 2018, 09:13:57 PM
 #56

Hello everyone, I'm following the bounty campaign of DigitizeCoin through www.bountyhive.io, this campaign is about to end and when I go to do my work I find this message on the official Twitter account:

"Dear Digitizers, We are happy to see so much support for our project.
Unfortunately, we had only raised 150ETH and did not reach our SoftCap.
All contributors will be refunded. We will be sending out details on how to refund your contributions shortly.
Regards, Team Digitize."

I think many have gone through this situation, this happens recurrently with the bounties campaigns? With which managers? What advice can you provide?

This happens, this is the risk which you chose to have if you are a bounty hunter.
If you want to be sure, go for the projects which already have had successful Pre-ico or have raised soft cap.

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Lan75
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May 23, 2018, 09:18:54 PM
 #57

Hello everyone, I'm following the bounty campaign of DigitizeCoin through www.bountyhive.io, this campaign is about to end and when I go to do my work I find this message on the official Twitter account:

"Dear Digitizers, We are happy to see so much support for our project.
Unfortunately, we had only raised 150ETH and did not reach our SoftCap.
All contributors will be refunded. We will be sending out details on how to refund your contributions shortly.
Regards, Team Digitize."

I think many have gone through this situation, this happens recurrently with the bounties campaigns? With which managers? What advice can you provide?
This part of life in crypto world whether you are a bounty hunter or investor. Many ICO who could not get their target softcap usually refunded the investors with their money and bounty hunters are left in limbo but it is just a part of everyday life here in crypto.
Oilacris
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May 23, 2018, 09:24:36 PM
 #58

Hello everyone, I'm following the bounty campaign of DigitizeCoin through www.bountyhive.io, this campaign is about to end and when I go to do my work I find this message on the official Twitter account:

"Dear Digitizers, We are happy to see so much support for our project.
Unfortunately, we had only raised 150ETH and did not reach our SoftCap.
All contributors will be refunded. We will be sending out details on how to refund your contributions shortly.
Regards, Team Digitize."

I think many have gone through this situation, this happens recurrently with the bounties campaigns? With which managers? What advice can you provide?
This do really happen.If you do try to look out on how many ICO is being launched on everyday basis then not all would really have the chance to succeed yet investors would really be divided out and also one of the factors that will make a funding failed is do lack of marketing or doesnt give any interest into investors on whats the project all about.If its just a common project with common goal and innovation then high chances it wont really gain any support.

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May 23, 2018, 09:36:09 PM
 #59

Team is honest and ready to refund money. Unfortunately there are a lot of scam companies which will never refund investors money.
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May 23, 2018, 09:43:15 PM
 #60

I was also a member of this bounty. It is very unfortunate that the project did not get a softcap. Unfortunately, now it happens very often. Very many investors are disappointed in ICO and also cease to believe in the profitability of their investments in ICO. Approximately 9 out of 10 ICOs after their completion, lose the value of their tokens.
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