Why ICOs impose a minimum amount on investors?

[imsotiredofmoviereboots]

I am not talking about the private sales and pre-sales. I am talking about the main sales.
Don't you think ICOs should allow people to invest any amount of money they want? It will cause the tokens to be distributed among more people.
Assume that 1000 people are participating in an ICO and each of them is investing only 1 dollar. Don't you think they are more helpful than a person who is investing 1000 dollar?
Better to consider a maximum amount instead of a minimum and do not let the whales manipulate the price.

If there's no limit then there's always be a huge uncertainty about the success of the token. We never want that one guy controls more than 50%-80% of the supply because that's how rich people maintain their status. It should be fairly distributed because we never know if that guy is really a believer of the project and them dumps it in the midst of the success of the project then it would be a total chaos.

[pleci]

Everyone wants the best way to invest so they don't lose each other, in trade we don't know whether the vulnerability due to ICO is very high and hackers are rampant. I hope the developers prioritize fair cooperation with investors because we both work and seek profits. Financial management must be able to anticipate that prices of tokens are stable and high from the money of participating investors.

[Bitfling]

I am not talking about the private sales and pre-sales. I am talking about the main sales.
Don't you think ICOs should allow people to invest any amount of money they want? It will cause the tokens to be distributed among more people.
Assume that 1000 people are participating in an ICO and each of them is investing only 1 dollar. Don't you think they are more helpful than a person who is investing 1000 dollar?
Better to consider a maximum amount instead of a minimum and do not let the whales manipulate the price.

I am agree that ICOs should not put minimum investment and let retail investor come to the project. Its more fair and more holder is good for long term. If whales hold most token, price manipulation could happen and i think its make the project like speculation for short term

[yakushev]

I am not talking about the private sales and pre-sales. I am talking about the main sales.
Don't you think ICOs should allow people to invest any amount of money they want? It will cause the tokens to be distributed among more people.
Assume that 1000 people are participating in an ICO and each of them is investing only 1 dollar. Don't you think they are more helpful than a person who is investing 1000 dollar?
Better to consider a maximum amount instead of a minimum and do not let the whales manipulate the price.

In this version, there are many pros and cons, but it seems to me that there are more cons, as the load on the crypto currency(ETH) will increase, scammers will begin to deceive dozens of times more people, a drop in confidence, an even more negative attitude to the currency and so on

[IParn]

It seems to me that everyone wants to play it safe because it sets some conditions. Who is the minimum amount, who is the minimum number of tokens.

[Squirrel Dearing]

For a blockchain startup, the main thing is to collect the necessary amount for the ICO, and how many investors will buy coins is not so important. But at the same time to protect the project, one investor is set limits on the number of coins that he can buy.

[ub27]

I think its because of the processing fee. Buying with just 1$ will be difficult for developers to process the transaction easily.  And another reason is because its easier to sell of easily to  whales that buy plenty than to small investors

[steveabrahams]

I am not talking about the private sales and pre-sales. I am talking about the main sales.
Don't you think ICOs should allow people to invest any amount of money they want? It will cause the tokens to be distributed among more people.
Assume that 1000 people are participating in an ICO and each of them is investing only 1 dollar. Don't you think they are more helpful than a person who is investing 1000 dollar?
Better to consider a maximum amount instead of a minimum and do not let the whales manipulate the price.

True but i'm sure the project owner prefer sold out their token sales only from private sale or pre-sales. Easy money and it's more guarentee that the investor invest their project. I'm agree though, it's better to distributed among more people, not only 1-5 people, because i'm afraid they can control the token price.

[raven7886]

I believe minimum amount to be purchased is good
It ensures that true believers or investors are serious contenders

We cannot allow 5$ or 10$ purchases in an ico, it would unnecessary cause a traffic that’s not needed

Quite through, and aside bringing quality investors, it will also make the cap to be raised quickly within a short time frame. Most of these projects that has minimum an investor can bring in actually end up getting rich investors who will not give me any stress along the line, and the stress I am talking about is the one for dumping.

Even if 1 or 2 investors dumb their own coin, it will have no effect much on the market value and at the same time, there won’t be any pressure on them whereby they will take their time to full grow the project till their coin stabilizes.

[BlueStackz]

I am not talking about the private sales and pre-sales. I am talking about the main sales.
Don't you think ICOs should allow people to invest any amount of money they want? It will cause the tokens to be distributed among more people.
Assume that 1000 people are participating in an ICO and each of them is investing only 1 dollar. Don't you think they are more helpful than a person who is investing 1000 dollar?
Better to consider a maximum amount instead of a minimum and do not let the whales manipulate the price.

I am agree that ICOs should not put minimum investment and let retail investor come to the project. Its more fair and more holder is good for long term. If whales hold most token, price manipulation could happen and i think its make the project like speculation for short term

This is quite true, they might probably not see it this way because of most developers selfish ambition, their goal is to quickly sell of their token irrespective of the number of investors, instead of placing a minimum order, what they should have worked with is maximum amount an investor can put into the systems at once, this will give opportunity to many other investors and at the same time disable the ability of one single entity to hold a very large portion of the coin that will result to dumping when he/she decided to sell the coin, if they limit it, there will be balance between holding and dumping.

[Adunni6758]

Projects that allow investment of any amount, tend to get more retail investors, but those who impose a particular amount is more or less like setting some restrictions and that will limit the amount that will be raised from them. Rather most of the sales will be made through private investors, which is what has been happening to projects these days.

[CoinsOrDie]

It could be a range set to define the caliber of investors they wish to attract and also it could be a sign of urgency to enable them meet up with ico sales deadlines. It's better to collect ten 1000usd investments than collect hundred 20 usd investments

[rapsa2018]

They also need the minimum and maximum amount of they need so ico project can under go what they need to do om their roadmap but lot of ico project don't reach it so the project getting scammed sometimes.