MilfordGannon
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August 08, 2018, 11:25:42 AM |
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When softcap project does not hit, it is better to refrain from distributing tokens. I think we need to wait. Of course it will turn around. He will have to pay more labor and time. You'll get your price right back.
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bonballi
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August 08, 2018, 12:02:31 PM |
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Yeah when a project doesn’t hit the softcap it means that the project is not successful. Then all investments from investors will pay back.
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ABMARK
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August 08, 2018, 12:18:19 PM |
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Not necessarily it has to be that if the project doesn’t hit the softcap they don’t distribute tokens. Docademic was an ICO which can’t hit their softcap but successfully distribute their tokens and also gave reward to the investors.
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jonloner011
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August 08, 2018, 12:34:43 PM |
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I think bounty tokens are distributed for the cryptocurrency exchange and it is hit a softcap . It is important to developed the project to meet its softcap without it project will not be succeed.
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Alexey1
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The Premier Digital Asset Management Ecosystem
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August 08, 2018, 12:39:19 PM |
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When a project don't hit their softcap , they don't distribute bounty tokens?
Usually it is, but there are happy exceptions. For example, Payera has collected more than 4 330 000 dollars, and softcap was 5 million dollars. But they do not give up their obligations.
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smartcrypto
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August 08, 2018, 12:41:24 PM |
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which project are you specifically talking about? Can you link to them in your thread?
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samarabtc
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August 08, 2018, 01:15:48 PM |
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There are many reason for not hit the soft cap. If a project is maintain all the factor to hit softcap that will be more beneficial.
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JaoBadjap
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August 08, 2018, 01:33:32 PM |
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When a project don't hit their softcap , they don't distribute bounty tokens?
Sad to say, but yes. when an ico did not meet its softcap. the project falls. and so the token becomes useless. but i have seen some project, that make it up to hunters. by providing a little reward, not that much but to give some for there time.
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kier010
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August 08, 2018, 01:34:58 PM |
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they will not distribute the token if the project don't hit softcap. tokens have no uses so there is no value so it is completely useless. when project don't hit softcap it fail already.
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apyong
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August 08, 2018, 01:40:54 PM |
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Yes they will distribute the tokens if the softcap is not reached. The investors will be refunded for their initial investment and the bounty campaign will be put on pause or discontinue.
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mksundip
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August 08, 2018, 01:42:55 PM |
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indeed softcap becomes the benchmark or minimum standard that must be achieved in a project, otherwise they will return the funds to investors and the project is canceled
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cryptolord5
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August 08, 2018, 01:44:54 PM |
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When a project don't hit their softcap , they don't distribute bounty tokens?
it all depends on the project because there most of the project which i participated and they paid the bounty hunters but didn't hit there softcap although it was trading on forkdelta and etherdelta so after the payment i went strickly to that place to trade me token to any prefer crypto currency that i want.
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CoinEraser
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August 08, 2018, 01:48:01 PM |
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When a project don't hit their softcap , they don't distribute bounty tokens?
Normally this should be the case. The tokens are usually worthless if the project does not reach its softcap. Only rarely are the tokens paid off anyway.
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Dayx
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August 08, 2018, 01:48:46 PM |
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even if they distribute the token, only few of them would hit the market, and even when they hit the market, only few of them would makes the investor interested
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Walter789
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August 08, 2018, 01:56:31 PM |
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It's absolutely Yes when a bounty didn't met the softcap it will consider as a unsuccessful ICO or bounty campaign. Sometimes it was happened when a a particular bounty has a weakened developers or luck of good and smart personnel that composed the project. So the tendency of that is postponing or maybe they should stop the ICo or bounty campaign and that the reason why bounty participants didn't receive the token that they also expecting. It means theres no distributions of the token happen.
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Ferris419
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August 08, 2018, 02:04:34 PM |
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When a project don't hit their softcap , they don't distribute bounty tokens?
That means that the ICO has failed. They will have to return the money to the investor if the team is legit. Or they will scam it. And of course the bounty hunters will also be scamed
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Bitcoin is gonna hit 100K usd
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NyxAssasin
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August 08, 2018, 03:12:35 PM |
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If the soft cap isn't reach then that means the ICO hasn't managed to gather sufficient fund needed to start their project. In that case, all the investors who have already invested would be getting their coins/money back and yes, they don't distribute bounty tokens if the project itself is a failure.
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cryptohopes
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August 08, 2018, 04:09:16 PM |
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Yes, it is true. The distribution of bounty tokens depends on the succession of the project. If their project is not being able to hit the soft cap then all the invested money will be paid back. But you may still get token from some projects but most of them will be useless.
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croptodic
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August 08, 2018, 04:12:29 PM |
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thank you very much for providing this updates , but I don't have much knowledge about these topic so as far I understand not evey ICO can achieve that position and it shouldn't be compulsory as well , if it offering the requirements of the investors then it should reach to softcap
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JCO05
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August 08, 2018, 04:15:05 PM |
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When a project don't hit their softcap , they don't distribute bounty tokens?
Simply because that project is already a failed project once it didn't reach the minimum target sale of token or what they call "soft cap". Therefore, the project do not have something to distribute having the thoughts that it won't succeed in the future due to the failure in the crowdsale or maybe,it will be nonsense listing it in the market. So as investors and bounty hunters, we should accept the fact that such uncertainties are possible to happen.
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