ICO collects $1.5million in 50 hours?

[richminded]

I've been looking into ICOs recently and I noticed that ORCA raised 1.5 million dollars in 50 hours during the ICO's first round. Is this typical in the current market state? What does it say about the project?

 ICO is no longer interested in profit for investors

What do you mean?

This has no proof but i have to agree on this since almost the ICO right now when they got in the exchanges the price started to go lower than the ICO price so I think this is one of the reason why investors are staying away from the ICO but since the OP said about how much money already raised by the ORCA project, it looks like more investors are still hoping to make a good run in this market. Honestly, I never heard anything from this project but it looks interesting, will try to dig more information about this and invest some when I see a good opportunity.

[Elon_Mask_3]

I've been looking into ICOs recently and I noticed that ORCA raised 1.5 million dollars in 50 hours during the ICO's first round. Is this typical in the current market state? What does it say about the project?

 ICO is no longer interested in profit for investors

What do you mean?

This has no proof but i have to agree on this since almost the ICO right now when they got in the exchanges the price started to go lower than the ICO price so I think this is one of the reason why investors are staying away from the ICO but since the OP said about how much money already raised by the ORCA project, it looks like more investors are still hoping to make a good run in this market. Honestly, I never heard anything from this project but it looks interesting, will try to dig more information about this and invest some when I see a good opportunity.

Is there usually proof of funds being raised? I mean other than checking the ETH address on ethscanner

[vrabac68]

offcourse its possible but a lot of ICOs are getting fiat money from big capitals who are supporting the project. At this time this is only possibility because its hard to get money from ETH since its down so much. The only way to promote on conferences with big capitals

[oliverlogann]

What ICO collects $1.5million in 50 hours? Now people have lost confidence in ICO, because most ICOs break after listing, so ico financing is getting tough, I don't know if you said is true, if it is true that ico is very powerful.

i was really sceptical too when i read the post but i've looked into the project and i'm surprised how i skipped them before the first round has finished

[bttmember]

Most of the icos in current bearish market are struggling to raise good amounts of funds as compared to last year so of this project has been able to raise more than a million in a matter of couple of days then it is definitely good going.

[makishart]

I've been looking into ICOs recently and I noticed that ORCA raised 1.5 million dollars in 50 hours during the ICO's first round. Is this typical in the current market state? What does it say about the project?

It looks not a good project, the over hyper project will raise its hardcap instantly even in some minutes and you can see that how QKC, ZIL or even ONT have been doing it.
It said that you should try to search for another better project. a lot of people still not aware about that.

[otunyot]

Verifiable data and figure is needed in crowdfunding,  ICO space!  The market is bearish and the outlook is bleak for most project looking for funding and existing coin wanting a rally for value appreciation. It is therefore surprising that a single ICO achieve the funding feat in less than three days!

[oliverlogann]

I've been looking into ICOs recently and I noticed that ORCA raised 1.5 million dollars in 50 hours during the ICO's first round. Is this typical in the current market state? What does it say about the project?

It looks not a good project, the over hyper project will raise its hardcap instantly even in some minutes and you can see that how QKC, ZIL or even ONT have been doing it.
It said that you should try to search for another better project. a lot of people still not aware about that.

but then again, how do you indicate a good project and a bad one with this logic? i mean the fact that it collects the hardcap is still a good indication for the project in my opinion

[dataispower]

What ICO collects $1.5million in 50 hours? Now people have lost confidence in ICO, because most ICOs break after listing, so ico financing is getting tough, I don't know if you said is true, if it is true that ico is very powerful.

i was really sceptical too when i read the post but i've looked into the project and i'm surprised how i skipped them before the first round has finished

Can you tell me which ICO ? No ICO can do that now it is very difficult for a large amount of money in a short time. If I really want to participate in that ICO despite the current market situation

[oliverlogann]

What ICO collects $1.5million in 50 hours? Now people have lost confidence in ICO, because most ICOs break after listing, so ico financing is getting tough, I don't know if you said is true, if it is true that ico is very powerful.

i was really sceptical too when i read the post but i've looked into the project and i'm surprised how i skipped them before the first round has finished

Can you tell me which ICO ? No ICO can do that now it is very difficult for a large amount of money in a short time. If I really want to participate in that ICO despite the current market situation

well i looked into ORCA after they raised 1.5M in 50 hours, open banking platform sounds really promising to me and judging from the first round not only me, it seems

[00DKM@]

I've been looking into ICOs recently and I noticed that ORCA raised 1.5 million dollars in 50 hours during the ICO's first round. Is this typical in the current market state? What does it say about the project?

I tried searching. and according to my judgment. That is quite impressive speed in an unfavorable trend in the process of raising capital in ico. However, they announced ANN quite early in 2017. And they were perfectly prepared for the mass-market process, possibly for a long time. However, they need to create a strong competitive edge that includes AMN, SFU, ARAW, MCB, etc. But congratulations on the success of the ORCA (Presale)

[krassy]

The project conducted a successful marketing policy before opening the token sale, this contributed to the success and rapid fundraising. I think they did the right thing, the main thing to be patient and wait time, good advertising-patience - start was the key to successful sales.

[rijaljun]

I've been looking into ICOs recently and I noticed that ORCA raised 1.5 million dollars in 50 hours during the ICO's first round. Is this typical in the current market state? What does it say about the project?

Do you mean ORCA Alliance? That's an old project, but just recently start their tokensale. Their team is big and the project idea is fine, no doubt they can raised 1,5 millions in 2 days while the bear made market bleed. But, there is other good projects as far as i know and i think cryptassist is one of them.

[xianbits]

1.5 Million USD in just 50 hours is not an issue. It can happen, it happened in some projects in the past. But the credibility and trustworthiness of the team should be determined first before fully believing. I remember hashcard, a scam ICO before, it says in their website that it has raised more than 3 Million and continues to raise more every time I check, then turned out to be a scam.

[acaciosc]

I've been looking into ICOs recently and I noticed that ORCA raised 1.5 million dollars in 50 hours during the ICO's first round. Is this typical in the current market state? What does it say about the project?

It's rather  hard  for ICOs to reach a Soft Cap on a bearish market, not saying about a Hard Cap. I would recommend you to invest only in reliable ICO projects that are about to reach their Hard Cap.

[khalifa25]

I've been looking into ICOs recently and I noticed that ORCA raised 1.5 million dollars in 50 hours during the ICO's first round. Is this typical in the current market state? What does it say about the project?

It's normal in crypto to achieve that rate of earnings in ICOs. I have invested in some ICOs that have reached softcap and even hardcap in minutes the token sale was open. It only means that the project has great potential and there are many supporters in it.

[zeze18]

I've been looking into ICOs recently and I noticed that ORCA raised 1.5 million dollars in 50 hours during the ICO's first round. Is this typical in the current market state? What does it say about the project?

Hmmm don't really trust ICO sale meter.
Sometimes it's just fake for baiting new investors.
I've ever joined an ICO that 40mils USD sold in less than a week.
But when it enter the markets, the token is less than a half of ICO price.
So, stay safe.

[ivannalog814]

Here there is nothing surprising, I personally watched as one of the ICO projects collected 35 million dollars in less than 1 minute.

[BitcoinTurk]

I've been looking into ICOs recently and I noticed that ORCA raised 1.5 million dollars in 50 hours during the ICO's first round. Is this typical in the current market state? What does it say about the project?

For the first time I heard about the project you mentioned and I did not find much research with the reason of intensive work tempo, unfortunately. If this project is a really successful project, it is quite normal to collect investment as quickly as we can guess. It is often the case that many progeny who have really good quality teams collect money quickly. This project is also very normal if it is to be passed on to the market with a quality workmanship and a good quality team. It is worth noting that this is a huge success, especially considering the current market situation. I will wait for a suitable vacancy to conduct research on the project and to be traded in the stock market. If there is a profitable project in the middle, I would like to get my own part from this cake.

[CrazeCoinz]

where have you seen this? could it be just a nice tweet or something, such speed is not really common nowadays

They posted it throughout all their socials, probably Medium is the best in terms of info:

https://medium.com/cc-connecting-crypto-with-banking/good-mood-better-start-early-round-cap-reached-in-50-hours-529375e04537

Impressive. This will gonna attract more investors to participate on their ICO such milestone is a credit to the team. Let's see if they can collect more in the coming days or hit their hardcap.