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Author Topic: When a project don't hit their softcap , they don't distribute bounty tokens?  (Read 712 times)
ivaf
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March 19, 2019, 11:39:19 AM
 #121

As a rule - no. A project that did not collect the minimum required level of funding does not distribute tokens to members of the bounty. And also returns all the funds to all investors. (This is for the case of an honest project, not a fraudulent one)
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March 19, 2019, 11:42:54 AM
 #122

let alone not achieving a soft cap, even sometimes the hard cap reached but distribution has not been achieved. I think everything depends on the ico team itself.
If the project fails to reach the softcap, the duration is extended several times, and if the result does not change, the project will be canceled. And this continues with the refund of the investors' money. As a bounty reward, nothing is given.
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March 19, 2019, 11:52:19 AM
 #123

As already well known, when a project does not reach the sales target or half the sale, the project will not pay the bounty participant and will return the investment funds to the investor.
Not all projects that do not achieve soft cap do not pay, there are also those who pay by extending the sale of their tokens.

My experience is getting tokens that don't reach soft cap but are listed on low-volume exchanges.
Even tokens only decorate my wallet without being valuable.

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March 19, 2019, 12:09:23 PM
 #124

there are some projects that continue to share their tokens even though the soft cap is not reached and their tokens are also useless. so the point is the same as the project that does not distribute their coins because they actually do not provide benefits to the participants.
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March 19, 2019, 12:48:25 PM
 #125

If the project has serious intentions, then unsuccessful fees for the ICO will not become fatal. Usually, the project opens additional rounds of fees or changes the strategy, but this does not affect the distribution of tokens. If you have not been paid tokens for a long time and are referred to the fact that softcup has not been reached, then such a project is a scam.

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March 19, 2019, 12:54:16 PM
 #126

of course they don't distribute the tokens, how can tokens survive if the project is not successful? that tokens will be useless no value at all.
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March 19, 2019, 12:56:01 PM
 #127

Ninety nine percent of projects that doesn't meet there softcap won't distribute any tokens to bounty hunters because not meeting the softcap is a failure for the project already ,there is no reason to continue such project unless the project has private investors fund already achieved

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March 19, 2019, 12:59:02 PM
 #128

When a project don't hit their softcap , they don't distribute bounty tokens?

Yes they don’t distribute tokens but it does not apply for all projects
Projects that have a refund policy on their crowdfunding will not pay bounty hunters

But projects that continue growth of the platform after crowdfunding hits softcap or not will pay hunters maybe 2% of the total amount made
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March 19, 2019, 01:00:36 PM
 #129

of course they don't distribute the tokens, how can tokens survive if the project is not successful? that tokens will be useless no value at all.
there used to be some projects that didn't even give their softcap targets. whatever funds they get will still run it. but in reality though the tokens for bounties and investors are distribution but afterwards they run away and don't know where they can sell it.

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March 19, 2019, 01:02:19 PM
 #130

When a project don't hit their softcap , they don't distribute bounty tokens?
Well, it's always different but in most cases, of course no one will distribute tokens , but I think if the project is ready to develop that can distribute but the truth is such projects come across 1 out of 100

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March 19, 2019, 01:39:23 PM
 #131

of course they don't distribute the tokens, how can tokens survive if the project is not successful? that tokens will be useless no value at all.
I don't think so, it all depends on each project because some projects will be like you said, if they don't get softcap, they won't have distribution and become a dead project but sometimes I also see some very special projects, although they don't get softcap, but the distribution still happens in a very normal way, they probably used a smart contract or some automated tool to distribute tokens. However, those tokens are just a virtual reward for all of us, it's almost invalid, no volume to buy or sell

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March 19, 2019, 01:42:38 PM
 #132

Before they either ask their investors if they would continue or not. Or sometimes they extend their sale. But today almost all ICOs, if they don't reach soft cap they refund the funds and then close the project. Leaving bounty hunters with none. Common on bounty campaigns of alts nowadays.
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March 19, 2019, 01:46:30 PM
 #133

When the softcap of a project is not met is simply implies that the crowd funding is not successful and the investors funds should be refunded. In most cases it implies that the project won't continue as the developers need funds to carry on with the project.
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March 19, 2019, 02:15:52 PM
 #134

let alone not achieving a soft cap, even sometimes the hard cap reached but distribution has not been achieved. I think everything depends on the ico team itself.
If the project fails to reach the softcap, the duration is extended several times, and if the result does not change, the project will be canceled. And this continues with the refund of the investors' money. As a bounty reward, nothing is given.
But there are some projects that will try to create a discussion with investors that already invested their money to continue the development or not. I have seen some icos have been doing it. But the bounty will be paid.

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March 19, 2019, 03:34:06 PM
 #135

Bounties will only be distributed if a project then it's the project successful as bounty workers get a part of the total investment collected by the project and if a project will not able to collect the required funds and wind up their project then how and which fund will be distributed to the bounty workers as they refund all investment by contributors.

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March 19, 2019, 03:37:04 PM
 #136

When a project don't hit their softcap , they don't distribute bounty tokens?

you are right. most of the bounty campaign did cancelled their project if the softcap did not reach.
some bounty just gave some compensation though.

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March 19, 2019, 03:42:21 PM
 #137

Make sense, if a project doesn't hit the softcap, how will they operateaand build their project. If they don't build the project, how will you get the token. That's how it works. Learn more about ICO before joining bounty.

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March 19, 2019, 03:45:36 PM
Last edit: March 22, 2019, 05:02:02 AM by Kang Bahar
 #138

Exactly. There will be no token to be distributed to bounty participants, and we will not get anything from our hard work. This is a disappointing thing about the project that didn't reach the soft-cap.
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March 19, 2019, 04:04:53 PM
 #139

In general, when a project does not collect soft cap, this project should not enter the market at all.

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March 19, 2019, 04:12:50 PM
 #140

in some cases when a project does not reach a distribution softcap depending on the project TEAM, if the team intends to advance most of them give their tokens sometimes they don't.

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