I see that the softcap is pretty high. Even the market is slightly going up which is a positive sign for investors and project, what makes you think that you are able to reach the soft cap? What happen if the project doesn't reach softcap?
I don't think $800,000 soft cap is too much for such a project. Lets see if they can meet the requirement funds within 29 days as the ico will be start on 30th april.
For a private sale, I agree that is not really much. But for other stages, the softcaps are pretty high and if the decision is to return money when the softcap is not reached, then it will be wasting too much time in my personal opinion. However, the project cann still running by applying minimum cap under the softcaps or either reduce softcaps.