What is your general sentiment on soft-caps for ICO's?

[Brantom]

Is it necessary for an ICO to have soft-cap or does it show a sign of weakness and missing confidence?

[mrdeposit]

Is it necessary for an ICO to have soft-cap or does it show a sign of weakness and missing confidence?

For completing first steps of development team need cash which mainly they get via public sale. If there is no other alternative like private funding then it is necessary to reach soft cap. Projects don't work with hope and they need serious amounts for competing with others but i have seen projects that didn't cancel the public sale after 3 unsuccessful attempt in public sale. They mainly extend, but extending time doesn't help in bear  market.

[dearbesz1219]

Many ICOs have unnecessarily too high soft-cap. And for what? They should be thankful for smaller caps and developing the product gradually.

[ujinice]

I think that $1 million will be enough for any project for a great start and launch of the project. I am sincerely surprised at the amount of money that projects was collected on ICO in 2017.

[rosezionjohn]

I do not get how soft caps can be a sign of weakness or lack of confidence. If you are going to build something from the ground, you will at least need minimum funds to accomplish the basic things.

[Brantom]

Thank you for the input, but I would like to find out how do you view projects which do not have a soft-cap at all.

[bitmover]

Is it necessary for an ICO to have soft-cap or does it show a sign of weakness and missing confidence?

Of course it's necessary for many projects, and it's not a sign of weakness, but sign that they are planning. If soft cap is not reached, legit ico give the money back.

[tippytoes]

Thank you for the input, but I would like to find out how do you view projects which do not have a soft-cap at all.

In my opinion, projects which do not set their target soft cap have the chance of screwing people. Why did I say that? Because if they have no soft cap, they will just collect the money and they can't set the rule of returning the funds if soft cap is not reached. Because there's no soft cap in the first place. But okay, given a project is legit and no soft cap implemented. For me, it means their project is pushing thru no matter how much funds they have. But this is true for only few projects. The solid and authentic ones. And more than likely, they are using their own money to initialize the developments.

[cytpoway121]

Is it necessary for an ICO to have soft-cap or does it show a sign of weakness and missing confidence?

Yes soft caps are always important
It ensures that the project gets maximum minimum funds to finance the project

And it also ensures that bounty hunters get paid too
So softcap is very good

[dizzy1996]

The question on soft cap is very non-standard, since it is a certain insurance for the project, the fact is that the project always calculates the minimum amount necessary for the initial development of the functional and this is a soft cap, of course, it is possible without it if the project does not set any goals but this is unlikely.

[futile-resistance]

Is it necessary for an ICO to have soft-cap or does it show a sign of weakness and missing confidence?

Though I don't like ICO, but i think the soft cap is necessary for further development. Lets say the dev of the projects come up with an idea and contribute funds for basic things like whitepaper, website development, they need the soft cap in order to continue development based on their roadmap before the main sales is done to raise the remaining funds for the entire projects.

[bartolo]

The soft cap is the real goal of any ICO, it's the amount they need to launch their project, it's the money they really need. In any case, you could question the hard caps, especially those that are too high.

[nlaara12]

I don't think is a sign of weakness for ICO to have softcap,to me is more like setting a target in order to achieve a purpose,setting a softcap will also help the community to know waht they want to invest.

[shirackjs]

Yes, I think it is good for project to have soft cap to determine the minimum funding required to start the project. Not every project is able to hit the hard cap, so having a soft cap can help the project at least to start slowly.

[zero714309]

The soft cap is the real goal of any ICO, it's the amount they need to launch their project, it's the money they really need. In any case, you could question the hard caps, especially those that are too high.

You right. But for now i dont really trust softcap and hardcap. Even softcap and hardcap reached they still lie to us. In 2018 im find project with hardcap reached but at this case they still scam us and manipulation their ICO amount. Token swap and they disappear.

[Teraboy]

Is it necessary for an ICO to have soft-cap or does it show a sign of weakness and missing confidence?

It's not necessary for an ico to have a softcap, there are some which not put any soft cap to their ico and they still can work properly used the minimum funds that raised from the crowdsale. The result will depend on the skill of the developer itself dude.

[Haunebu]

How in the world does having a soft-cap imply that the project is showing some sort of weakness? People who think this is true need to get their brains checked.

Any project(crypto or non crypto related) needs startup funds in order to move things along which is why a clear goal(soft-cap, hard-cap, whitepaper, roadmap etc) help in executing the process in an organized manner.

[taratorly]

Is it necessary for an ICO to have soft-cap or does it show a sign of weakness and missing confidence?

I've seen a few projects that didn't succeed during the ICO (which couldn't catch the softcap). They tried to continue the project. But not all of them are currently running.

Projects that cannot capture Softcap are not easy to continue.

[harapan]

what do you think? soft cap does not show the weakness of a project, and soft cap is the minimum fund to run the project if the targeted funds are not reached.

[icalical]

I think Soft-cap necessary for investors, they need it to determine whether a Project reach the minimum amount of fund raised during the project. Most of ICOs that have soft-cap, when they do not reach the soft-cap they will determine that the ICO is failed and will return all the raised fund back to the investors. And then they will make an announcement that the ICO is failed, and the project will not continue. So, to summarize I think investor will have more trust in ICO that has a soft-cap.