akbaral497
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August 16, 2018, 04:49:41 AM |
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Yes, I also once asked if the project did not reach the softcap, they would not enter the market, some would still distribute some that did not. Softcap and hardcap are the determinants that they deserve to enter the market or not and also determine their prices
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invincible49
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Merit: 268
Remember who u are, what u are & who you represent
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January 18, 2019, 11:15:52 AM |
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I don't think so. Because if ICO doesn't reach softcap, there is no problem with the distributing tokens. The team allots the tokens. ICO is the only platform which pays and give rewards to its investors.
Don't be a daft mate. When a project doesn't hit their minimum target they simply abandon their project. Here are 2 factors why such thing happens; 1) Such failed project might not have any actual services that would benefit their community while people who invest in ICO did not find their product, services were realistic so opted out from participating from crowdsale. Remember, not everything has to be based on the blockchain! 2) Because such ICO project did not have a good marketing team who could attract crypto enthusiasts and also failed to attract big investors to get in. I've done so many bounties where I have seen so many ICO projects come up with a ridiculous amount of overhyped shit and later collect not even half of their Softcap target. Now, as bounty hunters, we get nothing from all the works we put in to make those ICO look good. This is a frustrating thing but it is a far better feeling than having to receive a failed project's tokens where that particular token worth actually nothing because that shit is never going to get listed on any exchange. And this is why almost every failed project never distributes their tokens among bounty hunters.
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coinbirds
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January 19, 2019, 11:59:45 PM |
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Yes, it is correct. When the projects does not meet their fund raising goals (reaching the soft cap) then they cancel the sale and refund the investors. Bounty hunters also not getting any reward in such case. Some projects prolong the sale period and try to reach the soft cap if possible.
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daglordjames
Member
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Activity: 550
Merit: 10
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January 20, 2019, 03:54:20 AM |
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i think they will still pay the bounty hunters and they will receive small amount of it.
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CryptoBry
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January 20, 2019, 04:04:34 AM |
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i think they will still pay the bounty hunters and they will receive small amount of it.
That actually depends on the project. Some will still distribute the tokens earned by bounty hunters though there is no guarantee that tokens will have some value as there is a strong probability that the project can be shelved for lack of funding though there are those that will still continue (very rare). The main reason why a project is going ICO is to raise funds and if they fail to generate the much needed interest and investment then there can be a big problem. This is one of the many risks bounty hunters are always facing. No wonder many have already left doing bounty focusing their time and energy to something else.
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nreal
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Merit: 100
arcs-chain.com
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January 20, 2019, 04:05:40 AM |
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Most projects will be canceled when softcap is not achieved, so bounty will not receive anything, I think it is normal risk.
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Maknae09
Jr. Member
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Ternion | Hybrid Crypto Exchange with fiat gateway
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January 20, 2019, 04:17:35 AM |
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When a project don't hit their softcap , they don't distribute bounty tokens?
Yes that's quite the sad truth, so when we will going to support a project, it is good to choose those who are already established. So, the chance is good to hit the softcap and even the hardcap in the market.
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Turkish88
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January 20, 2019, 04:22:59 AM |
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If preject dont reach soft cap, they dont continue developing project at that moment. Why you need tokens which never hit any exchange
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TheWalkingCoin
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January 20, 2019, 04:32:56 AM |
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When getting project don't hit their soft cap all of investor money will refund and bounty campaign will paused and closed because they could not pay bounty campaign participants, you have forget and trying at other bounty campaign.
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juchin
Member
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Merit: 10
Join @Bountycloud for the best bounties!
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January 20, 2019, 04:35:38 AM |
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When a project don't hit their softcap , they don't distribute bounty tokens?
When thay don't gain the softcap that they originally set out, they may give up and there are many projects have been died like this and definitely bounty hunters will can not receive anything
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BADBITCH
Jr. Member
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Activity: 532
Merit: 6
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March 04, 2019, 10:35:59 AM |
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When a project don't hit their softcap , they don't distribute bounty tokens?
It does not always apply as it depends on the type of project Some projects make enough money from pre sales that even if ico don’t reach softcap They still have enough funds to develop the project But it still depends on if the project refunds investors or continue with development
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Dewi89
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March 04, 2019, 10:43:35 AM |
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In general, yes ICO did not reach the softcap so the bounty did not get paid, even though they paid for it but the development of the project would stop midway because they did not have enough funds to finance it.
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Cyptobonds1
Jr. Member
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March 04, 2019, 10:49:48 AM |
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And what is there to distribute, are you also willing to hold a useless coin in your wallet, project who stop for not seeing enough through their ico are majorly Scams, their initial motive is to get away with people's money, good project will continue no matter what.
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likit123
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Activity: 434
Merit: 1
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March 04, 2019, 11:07:26 AM |
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Yes, it's true. If the project does not collect softcap, then it is considered a failure and he has nothing to pay bounty hunters.
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judeafante
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March 04, 2019, 12:00:26 PM |
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When a project don't hit their softcap , they don't distribute bounty tokens?
Not all ICO Xera is one example they claim they did not reach their soft cap but they still distribute their token and decided that they will continue their exchange, it's hard to create a platform that is short of funding so I am following them to see if they can fulfill their promise.
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joshv06
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March 04, 2019, 05:29:40 PM |
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Yes, it is correct. When the projects does not meet their fund raising goals (reaching the soft cap) then they cancel the sale and refund the investors. Bounty hunters also not getting any reward in such case. Some projects prolong the sale period and try to reach the soft cap if possible.
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Invigorated
Jr. Member
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Activity: 266
Merit: 2
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March 04, 2019, 05:42:25 PM |
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When projects don't hit soft cap, they tend to suspend development and focus more on marketing or developing their products before relaunching. If they distribute tokens, then, there is a tendency that such tokens will be useless since, they won't make their way to the exchanges or even find applications anywhere else.
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babicena14
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March 15, 2019, 07:49:46 AM |
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No, I'm not. Now there are a lot of ICO projects that fail to collect soft cap, but this does not prevent them from continuing their development and distributing bounty tokens to hunters. The main thing is that the project has an innovative idea and the team's desire to develop the project.
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cewekimut
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March 15, 2019, 07:56:16 AM |
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Tokens will not be distributed and part of the funds from investors will be returned. Fundraising is very important because with the funds collected. will be used to finance all developments. Not all ICOs can reach the target because everything depends on the performance of the Development Team.
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maculeth
Member
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Activity: 714
Merit: 11
BountyMarketCap
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March 19, 2019, 10:49:29 AM |
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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.
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