Is the success of a project measured by reaching hardcap only?

[jayyen]

For me reaching hardcap is just a successful ICO but not yet a successful project.This is because some project have been able to raise all the money needed but their product has either been poorly developed or patronized. So raising huge money is not a successful project.

[amacar2]

For me reaching hardcap is just a successful ICO but not yet a successful project.This is because some project have been able to raise all the money needed but their product has either been poorly developed or patronized. So raising huge money is not a successful project.

It depends upon what is in their roadmap, some projects try to collect huge amount of money and claim to deliver product within few months but they fail to do so because to develop anything new it takes time. ICO projects just start with the idea rather than with any working prototype so first what they develop is  beta platform which is full of flaw and they spend many more years on testing the platform. All this will cause panic among token holders and they start to dump their coins and leave because most of them invest in ICO to make quick profit but they fail to do so even when they have invested in very successful ICO. Successful ICO = More money for development but it can't be equal to successful project.

[akosipepot]

Reaching the hard cap for any ICO is definitely a good thing, but at the same time I agree with you, it takes longer to succeed in the project and usually time as the token need to increase in value. Only when this happens, you can assume the project has done well.

[Eijrafarm]

For me reaching hardcap is just a successful ICO but not yet a successful project.This is because some project have been able to raise all the money needed but their product has either been poorly developed or patronized. So raising huge money is not a successful project.

I don't think so. Having reach the hard cap has not only show that the project will be successful all through out.  There is a factor the will lead for a product to reach hard cap and this is the marketing strategy. If the marketing team is good enough then there is not doubt that the project will reach hard cap if there is no mishaps.

[abitgelluh]

that's true, a lot of ico are reaching hardcap but while in development stage they fail and coins are very cheap when entering the market, for me they can not use the money collected well, and their strategy is so old that keeps the price keep falling

[letuvis]

ICO is just a beginning of the road. Of course, hitting hardcap means successful ICO but the main idea and the project comes after that. So if we speak about ICO - yes successful ICO is when hitting hardcap but the project itself will be successful only when a product and main idea is delivered and presented for the general public (or investors).

But what is successful project? Usually, token prices decrease because of the community, the saddest part is that we have a lot of newbies in ICO's and they hardly understand how things work. The price fall down and everyone blames ONLY the team but there is a lot more behind it. No patience and tolerance bring more pressure on the team and sometimes (if team cares) they start to do mistakes by doing things faster for an impatient community. Saw that too many times tbh. However, I think success of a project is measured by delivering the highest quality product.

[Marine8]

Reaching a hardcap just informs you that the tokens are been bought and that people are buying into the idea of the project. When the hardcap is reached, it puts hope in the investors too. But i have seen many projects fall rapidly after reaching hardcap because they failed to deliver on their projects. If you promised something, you have to fulfil it.

[batang_bitcoin]

For me reaching hardcap is just a successful ICO but not yet a successful project.

There are many meanings for a projects success and that's part of their first step to success by reaching the hard cap.

This is because some project have been able to raise all the money needed but their product has either been poorly developed or patronized. So raising huge money is not a successful project.

Right, they may raise big amount of money but that's not enough until they fulfill their road map and other plans that they have proposed to their investors.

[milewilda]

For me reaching hardcap is just a successful ICO but not yet a successful project.This is because some project have been able to raise all the money needed but their product has either been poorly developed or patronized. So raising huge money is not a successful project.

When its still on Sale phase then reaching out hardcap would always tell about success or even just reaching minimum cap would be considerable because a project is somehow good would really accumulate interest thats why they do reach or do get investors to buy their tokens but the part reality on where most of those projects hit up even the hard cap doesnt able to give or deliver out on what they do promised or simply means didnt able to follow up their roadmap and just only  focusing on their token price instead on developing the project even more.

[Teraboy]

For me reaching hardcap is just a successful ICO but not yet a successful project.This is because some project have been able to raise all the money needed but their product has either been poorly developed or patronized. So raising huge money is not a successful project.

That's right and i just to tell you when you are trying to compared zilliqa which has already raised no more than 16 million dollars compared with EOS that has raised more than 5 billions and then zilliqa has a fully working blockchain with sharding. That's even better than EOS with so many bugs.

[invincible49]

Yes, you are spot on. As we have witnessed some big projects hitting the hard cap only to give their collected money back to their investors. These kinds of failure depend mainly on the team and their failure to complete their products. Raising money through a good marketing strategy means nothing if the project fails to deliver their products according to the roadmap. Many successful ICO teams show greed and complacency through greed once they reach hard cap, and then that's when everything falls apart.

[Troysen]

WEL, Projects that end up hitting the hard cap have a very high chance of making it in the crypto market and there  is very little chance that they might end up as fails, It must however be noted that this is not to say that any coin that hits the market cap will be a success, there are those which gets there but still struggles to remain relevant in the market

[steplaza]

it can be seen as a first success of the community, the project/ICO has been able to raise a community. DIfferent story is to deliver a real working product

[dark08]

I dont think so theres a lot of ico project that reached hardcap but still a few of them successfully launced a project some of them are no improvement, there so many factor to consider to measured if the project will success, we need them a good team to maintain the project.

[bitcok]

hardcap achievement is very influential on the development of the project to continue to advance on what is planned in the roadmap, because the development of the project helped by the amount of money that is owned

[Bardman]

Only if you are a bounty hunter or you expect to get paid in their tokens. If they reach hardcap the chances of getting listed on a good exchange or any exchange at all are pretty much 100% However, a lot of money and a good idea doesn't always mean a successful project in the future, some ideas are great but extremely difficult to develop even with a lot of money. For instance, someone trying to create another youtube where they will allow people to upload content more freely and allow everyone to monetize their videos, idea is great but developing it would be extremely hard.

[kier010]

well it is true reaching hard cap doesn't mean the project is successful but it is an initial success if they reach it. it just means their project is good because they can attract a lot of investor. if the project delivers all their project objectives then the project is a success.

[hubballi]

well it is true reaching hard cap doesn't mean the project is successful but it is an initial success if they reach it. it just means their project is good because they can attract a lot of investor. if the project delivers all their project objectives then the project is a success.

I don't think so because their are so many ICO which reached their hardcap through insider investing like developer itself is investing in initial stage so the investors should think that the project is good and the also start to invest. The real ICO is getting success after they deliver the said project and make it success.

[seyola89]

Yeah you are very right. Raising soft cap or hard cap only signifies that ICO was successful. Normally this should equate to the project being able to be successful too because the devs now have more than required funds to develop the project but some devs are selfish and greedy and don't care much about development of project again to make it success as expected.