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

[Peanyut991]

I think softcap is needed to increase investor confidence in the ICO project. Because investors will be very interested and start investing when an ICO project has reached the softcap.

[defoman]

According to the current state of Affairs in the market, if the project has collected software cap, it can be considered successful. Now about 90% of the projects are fraud and soft cap is a sign of confidence in the project from investors. Therefore, I advise you to look at such ICO.

[dodgecharger]

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

I believe that every ICO project will only show its good side in front of investors, which will benefit the success of the ICO project.

[mahilchii]

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

Definitely the soft cap is the trust and hope of a ICO project as most of the investors satisfy only if it reaches the soft cap. We can see lot of ICO scam projects where it will not even reach the soft cap and fail. And yes funding plays a vital role if it is a public sale.

[prororo]

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

of course every project must have a soft target,
because they need money to rent a place and also may pay a lot of necessities. because of that they held a crowdfunding.

[Jenkins33]

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

As a rule, many projects install soft cap for their ICO campaigns. However, I think this is an indicator of the uncertainty of the development team in their idea.
Those developers who are confident in their project will develop it with any amount of investment.

[jessyj48]

Yes I think its a must for ICO projects to reach softcap at least for any further development to take place but lately due to scam projects plaguing the ICO space I prefer to follow and invest in projects with private funds they seem more serious and willing to make there projects launched even if it ever face bad market fund from public investors

[Omela44]

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

For me, this is not a sign of weakness or missing confidence. I think it's more normal to have a soft and hard cap. What i do not like, however, is when the softcap is reached and the project is canceled anyway. Then i really wonder why they have a soft cap if it is set too low.

[mdzahed134]

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.

Yes, soft cap is necessary also i think. Because without soft cap or hard cap we don't about fundings but you believe that majority of the projects showing fake raise amount in the project website. It’s very horrible business strategy i think. A lot of people very concern with soft cap when it's big amount when they excited to invest which is absolutely wrong parchaption.                       

[Mr.Spreadthehamster]

If the project is legal and can provide the investor with a real product, then, most likely, it is good and promising and follows the planned algorithm for confident development of the project, where the soft cap is not the goal, but the result and incentive to continue

[heritage35]

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

I have come across some projects with no soft cap, yet they would have a target, because the product needs to be developed by raising fund and that will surely give value to the coin.

[Golstrim]

My general sentiment is that ICOs raise too much money.
In reality they don't need a lot of money, they are trying to raise more in order to buy luxury staff for owners.

[NeelMariaWarner]

actually not really needed but because softcaps are the minimum target, the project must achieve that and investors must also know that if they like the project they will help the project to reach the softcap so that the project can run unhindered due to lack of funds

[sadmaster]

Soft caps signify how successful the ICO went. Companies in general uses ICO for gathering investors funds as a method of reaching their goals, launching their product, or starting their own digital currency for it to be live on the market. Being unable to get the softcap, the company could not follow it's roadmap because the funds is insufficient.

[monineklutak]

very necessary because everyone must have a target so that they are encouraged to do their best, especially because the goal of ICO is to make money for project sustainability so they must be able to achieve softcap because if not then it means that they will not develop because there is no money enough to develop it

[cryptowolfsu]

Soft cap is essential for the project development. Without funds the development won`t be smooth.
I could see several airdrop  projects struggling without funds and asking the community for donations.
It is another question how realistic the soft cap targets are. They are often over sized from what
would be necessary.

[MiniMountain]

Softcap is the minimum funding goal that needs to achieve in able for a new project to build their platform and sustain the financial needs to run it. you can't run a project without valuation on how much money is needed for it to be live that is why softcap is created and its the main target for an ICO projects.

[Vispilio]

Depends on the project, Softcap makes sense when the MVP requires a sizable initial capital investment...

For others when a business can become profitable even without any upfront costs, soft cap would hold psychological significance...

[davinchi]

I often tell people that I really don’t usually believe in a project that stops at softcap without the hardcap. I seldom believe in these projects, because softcap is just like you saying you will manage the amount generated for a project, and the developer knows that it really requires hardcap for it to become a success.

I don’t expect to see any project that stopped on softcap to be on any good and reliable exchange because, most times, they will like to manage the resources required for the project completion by going for cheaper means which sometime might lead to making use of unreliable resources and at the end we end up seeing a failed project. If a project really requires hardcap to be successful, they should really push hard to hardcap.

[laredo7mm]

The current belief of people about softcaps has almost decreased due to the lack of transparency regarding funds and in the end also got the suspicion that many projects were manipulating their funds