Private sale After ICO complete

[masterkiller]

I am currently confused by the decision of some projects that hold private sale after ICO, that sounds strange to me because usually the ICO project first will be preceded by a private sale to potential investors and investors with a minimum purchase of up to 5 BTC. after the private sale , there was a presale and then ICO.but now everything is like upside down, some crypto projects hold presale and ICO first and after that they hold a private sale.some investors who want to know how much fund that they get so far they can only answer "this is private sale, if I tell you it is not a private sale, but a public sale", the answer makes sense but does not solve the problem


I have an assumption that some of the developers chose this thing:

1. that is one of their reasons to make investors and bounty hunters who want to get tokens impatient, even though it sounds unreasonable but with this, their projects are viral and many of the crypto know their projects. well if indeed this method is chosen maybe this is one of the bad ways to be chosen just to give a viral impact to the project.

2. and the most reasonable thing is, they have not reached hardcap yet, so they try to find new investors who are interested or cooperate with other projects until the hardcap that they want is achieved

the project example is : swissalpsmining and thinkcoin

what do you thing?

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[Strufmbae]

Wait, i am also confused about this thread statement, are you saying that developers are going to open up their private sale after the ICO? and what does it means holding private sale?  Because as far as i know private sale is the first process next to presale?  Am i correct?  Let me understand.

[avikz]

What I understand from your statement is that some ICOs are holding private sale after the ICO public sale ends. It is probably because they haven't reached the softcap and want to extend the sale period by giving it a different name. ICO is a very new market and the rules are not yet framed. It is just a market practice to have the below phases,

1. Private sale
2. Pre-ICO
3. Main ICO

There is no hard and fast rule for private sale period or its chronology. So I don't see any reason not to have a private sale phase after the ICO ends. Probably the ICO owner is trying to sell off the remaining amount of tokens to the investors through this. That's completely normal! At the end of the day, the goal is to fund the business!

[CryptoTamer]

I am currently confused by the decision of some projects that hold private sale after ICO, that sounds strange to me because usually the ICO project will be preceded by a private sale to potential investors and investors with a minimum purchase of up to 5 BTC. then there is the name presale and then ICO.but now everything is like upside down, some crypto projects hold presae and ICO first and after that they hold a private sale.some investors who want to know how much fund that they get so far they can only answer "this is private sale, if I tell you it is not a private sale, but a public sale", the answer makes sense but does not solve the problem


I have an assumption that some of the developers chose this thing:

1. that is one of their reasons to make investors and bounty hunters who want to get tokens impatient, even though it sounds unreasonable but with this, their projects are viral and many of the crypto know their projects. well if indeed this method is chosen maybe this is one of the bad ways to be chosen just to give a viral impact to the project.

2. and the most reasonable thing is, they have not reached hardcap, so they try to find new investors who are interested or cooperate with other projects until the hardcap they want is achieved

the project example is : swissalpsmining and thinkcoin

what do you thing?

What is the use of softcap if they continue to open new sales to reach hardcap?

I think projects that make sales again when they have done ICO and reached softcap are projects that must be given a red flag because softcap will not mean anything if the project continues to open new sales events

[stealth.money]

I am currently confused by the decision of some projects that hold private sale after ICO, that sounds strange to me because usually the ICO project will be preceded by a private sale to potential investors and investors with a minimum purchase of up to 5 BTC. then there is the name presale and then ICO.but now everything is like upside down, some crypto projects hold presae and ICO first and after that they hold a private sale.some investors who want to know how much fund that they get so far they can only answer "this is private sale, if I tell you it is not a private sale, but a public sale", the answer makes sense but does not solve the problem


I have an assumption that some of the developers chose this thing:

1. that is one of their reasons to make investors and bounty hunters who want to get tokens impatient, even though it sounds unreasonable but with this, their projects are viral and many of the crypto know their projects. well if indeed this method is chosen maybe this is one of the bad ways to be chosen just to give a viral impact to the project.

2. and the most reasonable thing is, they have not reached hardcap, so they try to find new investors who are interested or cooperate with other projects until the hardcap they want is achieved

the project example is : swissalpsmining and thinkcoin

what do you thing?

All these scams can break all the rules. The purpose of scam ICO is to collecting as much money as people can and 99% of ICO are scams.

[Thanasis]

Simply because they want to get more capital to reach since they already advertise about their project to the people so more people aware that about their project than in the pre private sale but better avoid these kind of projects from investing.

[argus312]

This does not really look normal, but lately I often come across such a sequence!

[masterkiller]

Wait, i am also confused about this thread statement, are you saying that developers are going to open up their private sale after the ICO? and what does it means holding private sale?  Because as far as i know private sale is the first process next to presale?  Am i correct?  Let me understand.

thats what Im talking about brother, please read carefully until you understand

[masterkiller]

What I understand from your statement is that some ICOs are holding private sale after the ICO public sale ends. It is probably because they haven't reached the softcap and want to extend the sale period by giving it a different name. ICO is a very new market and the rules are not yet framed. It is just a market practice to have the below phases,

1. Private sale
2. Pre-ICO
3. Main ICO

There is no hard and fast rule for private sale period or its chronology. So I don't see any reason not to have a private sale phase after the ICO ends. Probably the ICO owner is trying to sell off the remaining amount of tokens to the investors through this. That's completely normal! At the end of the day, the goal is to fund the business!

off course that was normal but it strange ,private sale after ICO, they said ICO was succesful because some huge demand they stop the ICO and goes to private sale, if has a huge demand and huge interest why must by private sale. it should they continue the ICO right. but marketing plan sometimes goes weird to get an attention

[Noobaru]

Wow, that comes to me as a surprise since I haven't come into encounter with project like that yet. That is very strange indeed. Maybe they wan't to do the public dale first and see how that goes and if people are interested and they buy a lot of their coins then private investors afterwards are somehow "safe" with their investment, if you know what I mean. Because if they invest before the public sale and sale is not a success, then they might lose money after (if the project does not offer a full refund).

[EvgeniyBH]

It is not usual practice but I think if project not raised its hardcap but team find big institutional investors for example they can do another private sale for them.

[vit05]

I do not agree with this at all. This type of attitude shows that the project has as its main objective to enrich a few people and that it is far from being a decentralized project. The Dfinity project made yet another round of investment among a few investors. I found this bad attitude since they had distributed by airdrop.

[bitcoindigger71]

Its very simple because they want to get more capital to reach the desire goal. They already promote this project to the people so more people now know this project. I really appreciate this kinds of project.

[Pascolia1]

Some projects might choose to do things the way they showed want

[Lighthouze]

I am currently confused by the decision of some projects that hold private sale after ICO, that sounds strange to me because usually the ICO project first will be preceded by a private sale to potential investors and investors with a minimum purchase of up to 5 BTC. after the private sale , there was a presale and then ICO.but now everything is like upside down, some crypto projects hold presale and ICO first and after that they hold a private sale.some investors who want to know how much fund that they get so far they can only answer "this is private sale, if I tell you it is not a private sale, but a public sale", the answer makes sense but does not solve the problem


I have an assumption that some of the developers chose this thing:

1. that is one of their reasons to make investors and bounty hunters who want to get tokens impatient, even though it sounds unreasonable but with this, their projects are viral and many of the crypto know their projects. well if indeed this method is chosen maybe this is one of the bad ways to be chosen just to give a viral impact to the project.

2. and the most reasonable thing is, they have not reached hardcap yet, so they try to find new investors who are interested or cooperate with other projects until the hardcap that they want is achieved

the project example is : swissalpsmining and thinkcoin

what do you thing?

This is largely because the project did not reach it's hard cap. Lately a lot of ICOs have struggled to get the required funding and investments due to how ICOs have performed after listing on exchanged. So people are a bit laid back when it comes investing in ICOs.

Another of such project that sold tokens after ICO was Suchapp and Usechain. These projects struggled to raise the required amount of ETH during their public sales

[Aiko23]

I am currently confused by the decision of some projects that hold private sale after ICO, that sounds strange to me because usually the ICO project first will be preceded by a private sale to potential investors and investors with a minimum purchase of up to 5 BTC. after the private sale , there was a presale and then ICO.but now everything is like upside down, some crypto projects hold presale and ICO first and after that they hold a private sale.some investors who want to know how much fund that they get so far they can only answer "this is private sale, if I tell you it is not a private sale, but a public sale", the answer makes sense but does not solve the problem


I have an assumption that some of the developers chose this thing:

1. that is one of their reasons to make investors and bounty hunters who want to get tokens impatient, even though it sounds unreasonable but with this, their projects are viral and many of the crypto know their projects. well if indeed this method is chosen maybe this is one of the bad ways to be chosen just to give a viral impact to the project.

2. and the most reasonable thing is, they have not reached hardcap yet, so they try to find new investors who are interested or cooperate with other projects until the hardcap that they want is achieved

the project example is : swissalpsmining and thinkcoin

what do you thing?

To be honest I was also confused by their decision, even some project opened re-ico again even though the project was successful and the percentage of the share was in accordance with the allocation, where did the next token come from.
A project like this is likely to be chaotic and fail if the private sale is opened at the end to pursue the target (correct me if I'm wrong)

[blacknight789]

I'm totally confused, what you wanted to get us.But after all what i get from you, first of all you have to know that it s open source, decentralized peer to peer network.

[iwah]

In my own opinion I think there is no lay down structure on how to raise a fund during the ICO, and any team can choose to raise their money any way they want, maybe if they start with private sale, they won't get much support to continue their project building and want to seek the funds first through ICO, I think it's their decision and they must have reason for that.

[jefcasidy]

Yeah it's quite confusing because it is not the normally way ICO's are been run, but from the last time i checked, there is no lay down procedure to ICO funding, So the team might do it the way they want it and the way they think they could raise all the money they need to build their project.

[Lisedc]

Actually there are no mandatory rules or classification regarding such sale arrangements. It is totally dependent on the wish of the project. You can start with pre-sale first then private sale of you can start with private sale first.