Akagum
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February 21, 2019, 12:35:13 PM |
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Soft cap is necessary and it's not necessary. The topic is subjective. Some investors prefer an ico project that has reached softcap at the time they want to invest....to these set of investors,a project reaching softcap is an indication that it would do well in the long run.
Softcap not necessary because some projects are doing fine even without softcap.
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Zulfiyan
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February 21, 2019, 12:47:03 PM |
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Is it necessary for an ICO to have soft-cap or does it show a sign of weakness and missing confidence?
for some ico it is very important to achieve softcap because their project depends on investor funds. if they don't reach their target most likely their project won't work
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aundroid
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February 21, 2019, 12:52:05 PM |
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Is it necessary for an ICO to have soft-cap or does it show a sign of weakness and missing confidence?
A softcap is necessary in any case. The team needs to know the minimum amount needed to complete the project. Unfortunately, there are many projects that set the softcap unrealistically high.
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ansi
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February 21, 2019, 01:55:58 PM |
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It's a good question indeed, i never believed in thee Soft Cap & Hard Cap bullshit. Why? simple because when i see the big difference between Soft Cap & Hard Cap i know that it's mostly total money Rip Off, sometimes you find a Soft Cap of $2M & the Hard Cap is $20M which is absurd, if $2M is enough why the hell making the Hard Cap 10x your Soft Cap !!!
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taufik123
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February 21, 2019, 02:27:55 PM |
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Softcap is the minimum limit that must be achieved to build a successful ICO project. if softcap is not achieved, funding for the project will be very difficult.
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mdzahed134
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February 21, 2019, 02:32:22 PM |
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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. But i think definitely soft cap and hard cap is very important for every project. Although first of all project development is big deal than come to the next point soft cap i think. Without minimum funding how you can start project develop. Many skill and a lot of years experienced people cannot start for funding. In the rules of ico if soft cap is not reach we will consider this is fail project because minimum funding is not touch.
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Muzika
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February 21, 2019, 02:35:25 PM |
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Is it necessary for an ICO to have soft-cap or does it show a sign of weakness and missing confidence?
it is a normal situation for an ICO to have a soft cap because it is the basis that when an ICO softcap does not reach then the funds the has been raised will be returned to the investors, if the softcap reach that is the indication that the project will continue their roadmap.
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Bonwin
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February 21, 2019, 02:43:47 PM |
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To attract more investors, most ICOs these days, just prefer to first source out, by also going to investors, companies and some other persons offline to get them to invest in their projects, so that he project will not eventually fold up. In cases like these, the tokens are sold with huge bonus, but since they just have to meet up with their softcap and it is not really coming forth from the normal retail investors, they just have to get alternatives to remain relevant. So those that can't do it, might end up not being successful.
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anjohyx
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February 21, 2019, 03:59:06 PM |
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Softcap is the minimum amount of money a project can receive from investors, most of the project must set a soft cap because they need a minimum development funds to launch the project, that's not mean weakness or anything else.
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kaito.
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February 21, 2019, 05:32:32 PM |
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softcap for ico was not really necessary if their product almost completed. because its basic to only invest on ICO that at least have MVP (Minimum Viable Product). project only need the required amount to list the token on market. as for paying their member they would gain income from people that use their platform. in short high softcap only gobto the dev pocket so stay away from it.
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beerlover
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February 21, 2019, 05:53:54 PM |
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Is it necessary for an ICO to have soft-cap or does it show a sign of weakness and missing confidence?
There are a lot of things needs to be considered when a project is not able to reach soft cap and then the hard cap. Because, there are a lot of reasons could be behind this scenario like devs might have set some unrealistic target for their ICO and the another reason might be obviously investors may not be interested nor not get convinced with that project to invest with them. When devs are not realistic about their target cap setting then that also must be a weak point about them and their capability. They must be capable of foreseeing the future of their product and studying market for that only will help them to eliminate such mistakes.
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Ucy
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February 22, 2019, 08:49:27 PM |
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Softcap wasn't really necessary in good old days because people raised alot of money and ICOs were quite few. Raising funds is becoming too difficult today, which is why the softcap has become necessary.
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mrkavasaki
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February 23, 2019, 10:25:49 AM |
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Is it necessary for an ICO to have soft-cap or does it show a sign of weakness and missing confidence?
Without a soft cap, any project can take money from investors even if it is a potential project or a scam. That makes investors continue to be a prey for scam projects if everyone thinks like you are soft-cap, making it a less confident sign.
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Saisher
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February 23, 2019, 01:52:50 PM |
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Is it necessary for an ICO to have soft-cap or does it show a sign of weakness and missing confidence?
It's necessary so investors will know if the project will continue when they reach the minimum funding, it's a bonus if they reached the hard cap it guarantees that the project and roadmap will go on, and they have enough funds to do it.
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maculeth
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February 24, 2019, 03:11:57 PM |
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it will determine whether ICC will be successful or not. usually if ico reaches the soft-stamp target in a short time, and then adds the hard-stamp target, and extends the duration of the bounty again, then ico can be a big success.
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minttop
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February 24, 2019, 03:16:08 PM |
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My general sentiment is that you have to select ICo with a small soft cap and small hard cap, because in this case there is much more chances to get X ROI . It is what each investor is seeking for!
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ottogary
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February 24, 2019, 03:17:50 PM |
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Is it necessary for an ICO to have soft-cap or does it show a sign of weakness and missing confidence?
Softcap is not a sign of weakness for a project, that is the minimum step needed for the project to keep on running even slowly. So when the project reach more than the softcap or even reaching the hardcap, then the project would be able to be developed even faster.
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zhekinsp
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February 24, 2019, 03:21:04 PM |
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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 necessary because it can give an idea about how the sales is going and if they can't reach even the market cap they will stop their projects that is why they are having it.
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CryptoAlphaStar
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February 24, 2019, 04:21:17 PM |
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I can predict that we will see many projects with much lower softcaps in the future. Even such with softcaps under 1M USD. The hype and bullish sentiment made possible these insane valuations and fundraise amounts. The next will be more realistic.
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H1N1
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February 25, 2019, 02:22:29 AM |
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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.
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