hmarra (OP)
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August 05, 2018, 09:15:15 AM |
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When a project don't hit their softcap , they don't distribute bounty tokens?
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macit800
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“The Premier Digital Asset Management Ecosystem”
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August 05, 2018, 09:17:49 AM |
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When a project don't hit their softcap , they don't distribute bounty tokens?
Yes it is right, because it mean that a project is not succeed and all investments from investors will payed back. In the most situations will the project declined, but there are some projects who are going further after changing the soft cap.
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Mendrofa
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August 05, 2018, 09:25:07 AM |
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in my opinion the possibility is yes but not all projects like that they still pay bounty campaigns but usually the coins won't go into exchange and become useless coins and become shit coins
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coin-investor
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August 05, 2018, 09:27:30 AM |
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When a project don't hit their softcap , they don't distribute bounty tokens?
I have some tokens where the ICO was paused they distribute the bounty to their bounty hunters but they discontinue the whole project, it ended up a useless token in my wallet, I have so many tokens like this in my wallet, the majority are airdrop coins.
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haryatiposton01
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August 05, 2018, 09:37:33 AM |
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I don't think that all ICOs don't reach soft caps so they don't distribute tokens, if you remember or have heard about Docademic then you will know if this ICO doesn't reach softcap, but their team still distributes tokens, even their ICO tokens are successful in the market and giving rewards to gift hunters and investors, I don't think you're lucky.
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rileyhill
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August 08, 2018, 01:01:33 AM |
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There are few projects for what the investor pays some tokens. But most of the times, the bounty tokens are not given if the project doesn’t hit their softcap. If they pay some coins also, that is also useless coins.
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the13thsymphony
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August 08, 2018, 01:14:01 AM |
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Yes they will not distribute the tokens and it will be hard for bounty hunters such as ourselves because of the time and effort that we have put through in advertising them. That is why evaluating the project if it is it will at least meet the bear minimum to launch it is so important specially the communities response to it.
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BTCwin1
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August 08, 2018, 01:20:26 AM |
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Yes, that means the project has failed, so when the project team fails, they don't pay any bounty. Because of the current bear market, you need to choose an ICO project that can reach the soft cap.
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gabagandalf
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August 08, 2018, 01:20:34 AM |
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if a project does not reach softcap, the tokens are almost always useless. so why should they spend money to send worthless tokens? i think that will be the main reason why they dont distribute bounty tokens.
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ungongbuotan
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August 08, 2018, 01:22:47 AM |
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I did participate once in an ico where they didn't achieve or reach their soft cap and they didn't pay us at all. Yes it is really frustrating, all those time and effort you dedicated and in the end you don't get to receive any reward. Although I kinda understand the people managing the ico. It was a good ico too bad it got affected during the red days of the market and less people dare to invest.
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patz22
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August 08, 2018, 01:25:38 AM |
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They're generous enough if they will still give bounty tokens however if they will,there's a chance that it is useless because the project will not proceed and no trader/investor will buy it unless the devs will create volume for it (I doubt).
In my experience, no project will distribute their tokens if softcap is not reached but recently I joined a campaign for Strykz wherein it was cancelled due to not reaching the target and they will still distribute tokens within their platform (they have a working platfrom) but I believe it is not tradable.
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tsaroz
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August 08, 2018, 01:26:27 AM |
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They don't even distribute the tokens to the investors and hence would not come in the market. Even if they distributed the bounty hunters with token, it would be worth nothing. So it's better not to distribute bounty tokens if you are not issuing your token at all.
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electronicash
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August 08, 2018, 01:38:53 AM |
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the is usually the case and it takes time for the investors to get refunded. it happened to me once about the insurance project sometime in 2016 from then on i was picky to invest on projects. but its only fair not to continue the project because it only means there is less support to it.
but if they intend to just sell and those sold tokens are the only that will circulate and all that hasn't been sold will be burned, that will also be a good option for them. but then again the team should have it indicated before the ICO starts.
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btchunter786
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August 08, 2018, 02:03:37 AM |
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The statement is in fact true. It means if a project fails to be successful, the investments will be paid back to the investors. But this does not happen most of the times, because some projects go deeper after changing the soft cap.
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udayantha11
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2023 would most likely be as bearish as 2022
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August 08, 2018, 02:16:44 AM |
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Soft cap definitely have to be reached, soft cap is the minimum requirement for the project. so they may be not distribute the bounty tokens even. possibility is less.
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we all need universal power and cyclist of Everything -2023 would most likely be as bearish as 2022- =BTC will make it, but might be a long winter=
Stronger the storm, brighter the rainbow
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blacknight789
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August 08, 2018, 02:39:10 AM |
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Yes you are right! It means that the project didn’t get success and the investors didn’t get their return. Some ICOs doesn’t reach the softcap but distribution of token is done by their team. So, I think you are not that lucky.
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MintCondition
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August 08, 2018, 02:47:27 AM |
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They don't even distribute the tokens to the investors and hence would not come in the market. Even if they distributed the bounty hunters with token, it would be worth nothing. So it's better not to distribute bounty tokens if you are not issuing your token at all.
Since the token will be no use, then distributing it will definitely be not on the option, it will only be caused them to more lose in transaction fees as well in time and effort. Some bounty hunters didn't realize it since they only want to get their token even it doesn't have value or they are not updated on ICO status.
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cryptocoinshunter007
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August 08, 2018, 02:59:57 AM |
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The investments weren't enough to sustain and make the platform grow, hence the soft cap. So, no distribution of tokens unfortunately. From, here on thinking it over is a good choice, or else investors would take their investmnet back.
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Iamdeadlyz
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August 08, 2018, 03:11:07 AM |
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Yup, since they didn't reach the main goal which is the softcap. They fail to reach the minimum amount to start their company
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i7claufe
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August 08, 2018, 03:17:17 AM |
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Some projects do and some don't. Some project does not start their project if they don't hit the soft cap so even if they distribute the tokens it won't have any value on it anyway. Also, projects that don't have enough budget does not even try themselves to get the token listed so your tokens are worthless so they won't distribute it either.
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