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

[fortelen]

In my opinion, Soft Cap is very important for every ICO project. We can find out how far this project works for fundraising. Many projects failed because they did not reach the Soft Cap target. If the Soft Cap is achieved, of course, they will pursue the sale of tokens to a hard cap.

[ivannalog814]

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

The difference is that the project will be able to develop at a faster pace because for the development as we all know we need money and a good team of developers, it is also important that the project has good marketing. The faster the project develops, the higher the price of tokens will be.

[asriloni]

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

If there is no softcap, that means there is no target. Softcap usually comes from the target you made.
For examples if you targeting 5 months later your company will make some good products, how much funds will be required.

That's indeed but softcap has become another problem for some investors. Some ico may use it to create such an target but most of them are changing it after they have reached the softcap and that's it dude, the fact that softcap is a speculation about how much required to create or develop the product.

[ivaf]

I think that ICO should definitely have softcap. And this is not a sign of weakness. On the contrary, it shows that the project has calculated the options, knows what it really needs and how to achieve it.

[Fluxtorrence9]

Softcap is a must for all ICO that depends entirely on funds and only few ICOs supports private funds and I will always support projects that have private funds just in case they never meet softcap

[thesmallgod]

To me, it is needed because it creates a form of confidence and transparency in a project. A well-structured project should have the minimum amount of contribution needed for project startup. Softcap give an indication of what likely to expect from project by investors during the stage. It is not new that many investors already know that if a project do not make the softcap, it is likely for such a project to be discontinued and probably return back contributors money. many ico that do not have softcap are majorly already existing project that wants to introduce a product or services to already existing ones

[Tipsters]

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

Normally if a project have declared soft cap it is stipulated that the amount raised reaching tis state can support and continue with the development of the project. Hard cap is just a bonus for additional expenses from the development of the project. Soft cap is the indicator how much money at least they need to move on with it. Without reaching it, compromise stuff will rise from it.

[cabron]

Bitcoin didn't collect anything to start, it only need support from dedicated individuals who has the passion for the technology. Right now its more of money even when all the technology they need are at hand, the only that were create was a smart contract. But if they already have the beta version of their product, why do they need some funds or soft cap when they have started it already?

[likit123]

Soft cap - the lower limit of fundraising, if the ICO does not reach it, it is canceled. In other words, softcap implies maximum savings, but at the same time ensures the launch of the project. Suppose that a project wants to launch a blockchain platform, it needs elements, without which the platform can work, for example, writing code, developing design, and so on. For this you need soft cap.

[Chinsmokers]

Reaching their soft cup will ensured the flow of the project and the success rate of it will sky rocket, and reaching the hard cup will add the funds then fasten the work of the project. Because of the flowing funds

[Anonylz]

i think it is important for ico's to set their softcap because it shows the desired estimated minimum amount which would be needed to finance a particular project, if you don't have a softcap, you automatically have not state your goals and the minimum amount required to kickoff,

it's like owning a personal business and making a rough calculation of minimum amount you need to get you started.

[Robotbitcoin22]

In my opinion, Soft Cap is very important for every ICO project. We can find out how far this project works for fundraising. Many projects failed because they did not reach the Soft Cap target. If the Soft Cap is achieved, of course, they will pursue the sale of tokens to a hard cap.

It is very important to be able to find out whether it will continue whether it will fail because the softcap is not reached. but now ico alone is not transparent with their funding. so it makes a lot of investors or people talk about it

[Strotman]

A situation in which doing the soft cap and hard cap I don't like because I don't see the point in raising funds any more than necessary. I think that when project reach the soft cap it will be able to develop productively.

[ckorbba]

A situation in which doing the soft cap and hard cap I don't like because I don't see the point in raising funds any more than necessary. I think that when project reach the soft cap it will be able to develop productively.

today there are very few projectors that reach the soft cap and therefore do not have a good chance of development. Nevertheless, I think that if projects are really interesting, they should look for opportunities for their development. When they show real results, investors will pay attention to this.

[BADBITCH]

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

I think It is a general knowledge for projects to reach softcap or hardcap to be called a success
 Because instinctively, when a project gets softcap there are funds to run the project

When it clocks hardcap, it means the project has more than enough support

[Olayinka225]

I think softcap and hardcap is neccessary for all crypto projects. This is a range at which one will know that this project has sell and have been able to get certain amount of amount of fund from there investors. But it always saddened that most projects always project high amount of softcap. And also I think, most project that doesn't reach there softcap as stipulated should return investors money as the project capitalization isn't visible again, but the other way round is the always the case.

[AgentZero23]

I think it was the standard in ICO's to have softcap and hardcap. If the softcap is reached means the project will have an initial funds to develop the project and also means investors are willing to invest. If the hardcap is reached means the developers will have the funds to deliver the roadmap of the project. Otherwise if the softcap is not reach then the project will not move forward and investors money will be refunded.

[bohboh]

Every ICO set a limit for softcap for funding of the project, therefore, its a nice step to see the progress of the project.
If the project couldn't make a soft cap, the project should be close down.

[Ultimist]

The soft cup shows the minimum amount needed by the project in order to develop. Therefore, if the project has already assembled a soft cup, then this is one of the criteria of its success.

[stigmacryptonight]

I think softcap is the second target of sales if hardcap is not achieved. If the target is only achieved, the softcap is certainly not a problem. at least they were successful with 1 level. If you see now of course a project is very difficult to achieve their respective targets. At least the softcap is achieved, the project can run even though the process is slower.