Bren Briones
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September 17, 2018, 01:44:14 PM |
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This is a valid question from a bounty campaign participant like you. For my opinion, I think the main reason why ICO Companies do adjust their ICO schedules is because of the lack in fund. They are assuming that the fund they collated were not enough to sustain the project so there is no other choice but to extend the ICO to get additional fund.I think it is just normal specially in times like this that the market is down.
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virendarnagpal
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Activity: 672
Merit: 12
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September 17, 2018, 01:57:54 PM |
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At the start of the campaign a time period is fixed to finish the ICO . Due to some reasons or the other in case the targeted amount is not received i.e. the coins not sold then in that case the project managers have no other choice but to extend the ICO period. With this extension the Bounty period also is to be extended. Soft cap ; hard cap are the targets which the project wants to achieve.
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adolf512
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September 17, 2018, 02:10:54 PM |
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At the moment this is a real problem, but we must understand that it will be resolved when the market recovers. It is difficult for projects to raise funds, and most of them endure the date of the ICO.
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Andruha1993
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September 17, 2018, 02:12:49 PM |
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In my practice I want to say that when I participated in campaigns that extended the deadline, they turned out to be scam or paid a very small number of tokens, which at the stock exchange did not cost anything.
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konflikkastil
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Binance #Smart World Global Token
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September 17, 2018, 02:21:43 PM |
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those who extend the duration of the bounty or ico because they do not reach softcap, and if they extend the duration of 2-3 months in my opinion is a very reasonable time, seeing the market now is experiencing a very severe price decline.
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Ingoats
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September 17, 2018, 02:21:51 PM |
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They have done such thing maybe because of the netive market situation. We may expect for changes when recovery occur but for the meantime choose not to sell due to panic. They are just avoiding to make the situation worse and protecting the project itself for the betterment in a long run. Be patient and trust the project's plans.
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ariscan
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September 17, 2018, 05:14:56 PM |
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Hi there! I participating in several bounty campaign. In 4 out of 5 campaign deadline was extended. In one be extend for a month, in another - for 2, in a third - for an indefinite period. Say please, this is normal or it is attribute of scam? Thank!
I don't think this is a scam, many bounties extend the end of the project because the project owner wants the value of bitcoin to rise again in the market. be long term while looking at prices on the digital currency market. Or the project has sold all of the tokens, so the project is extended. do not think negatively first of the project.
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Ezenwanyi1
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Veil
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September 17, 2018, 05:21:14 PM |
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Some extend because they extended their token sale while some do because they feel that the reward is too much for participants , and so they extend to give other participants chance.
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toolsydas
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September 18, 2018, 12:32:28 PM |
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In the current situation, it's normal, as we can see the market is down, so it's hard for ICOs to gather Hard Cap, that's why they are postponing the date of token sale as well as extending the bounty deadline.
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Haynes
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September 29, 2018, 04:40:21 AM |
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Hi there! I participating in several bounty campaign. In 4 out of 5 campaign deadline was extended. In one be extend for a month, in another - for 2, in a third - for an indefinite period. Say please, this is normal or it is attribute of scam? Thank!
Because the ICO did not reach the fundraising target. Suppose the softcap is not reached or hardcap but the value when the ICO Ethereum goes down and that is between the constraints.
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holySaint
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December 11, 2018, 08:10:59 PM |
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This happens only because now is a tough time for the crypto market. I do not think that this is a sign of fraud. Do not worry, the robot will restore everything.
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batkaMahno
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December 11, 2018, 08:21:07 PM |
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At the moment, the situation on the cryptocurrency market is very difficult, so new projects cannot translate all their promises into reality.
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Miminaha
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Merit: 10
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December 11, 2018, 08:22:59 PM |
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bounty campaigjs are not good enough to be called the most reliable method of earning monsy hut some peopel think that czn trust them
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thinkright
Copper Member
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December 11, 2018, 08:39:12 PM |
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It is now prevalent these days..Some of the extentions are due to the extention of token sale and by so doing some projects increase the budget.
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sockpuppet1911
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December 11, 2018, 08:40:39 PM |
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I wish a few had extended their deadline instead of running the whole operation down.
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elcezireex
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December 11, 2018, 08:41:49 PM |
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They can't get the money they need and then they extend the deadline, some of them are not satisfied with the amount they get for that they extend. In my experience extended deadline means scam most of the time but some of them want to do the Bounty and ICO sustain.
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anggracoin
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freelanex.io
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December 11, 2018, 08:47:59 PM |
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I see now that most projects bounty campaign extend the deadline because in my opinion it natural the market conditions like this and of course the project still needs help from bounties to promote their projects
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sergeykravchenko1959
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December 11, 2018, 08:52:21 PM |
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Currently, there is no cure time for ICO projects that are based on the ERC20 platform. The crypto market is in a bearish trend and cryptocurrency prices are at their minimum. Therefore, most ICO projects extend their deadlines and put off their coins on the stock exchanges.
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yaamite
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December 11, 2018, 09:21:23 PM |
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I believe that the project developers can not achieve softcap and the project itself cannot attract investments in the right quantity, so the developers extend the deadlines of the companies.
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Wingo
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December 11, 2018, 09:22:24 PM |
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Hi there! I participating in several bounty campaign. In 4 out of 5 campaign deadline was extended. In one be extend for a month, in another - for 2, in a third - for an indefinite period. Say please, this is normal or it is attribute of scam? Thank!
They usually extend the date because the funds that they gather from the ICO is not enough, and the end date of bounties are usually in parallel with the end date of the ICO. They are not usually scam ICOs, many scam ICOs that I knew ended too early because they already robbed some amounts from the investors. Their goal is the most important thing, and reaching it would require more time today because of the weak market. It is hard to gather many investors at this point.
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