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

[rencong bitcoin]

I think it's necessary, just not in large numbers, many projects that look greedy and even softcap up to more than $ 4 million, but as a result, investors have been disappointed with it all, because rarely of those who get a return, I think this need to be repaired, like there are limits to softcaps.

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[Yaiko08]

It is true that softcaps are really needed here so that later if there are more funds obtained by a project that are not misused by irresponsible people, it will also help investors to be confident with the ICO project if there are targeted results.

[beeelzebub]

If they don't put a soft cap and can't raise any good amount of Money, they probably end up having worthless tokens. It mostly happened like that but there is very little amount Project which actually created some value.

[semobo]

Soft cap denotes that how much fund needed to develop their project in future so there is a good thing to have a soft cap on ICOs since it can be a good sign to identify by ourselves that these teams got enough fund for their future purpose.

[raven7886]

I think the soft cap is very necessary for an ICO project because the soft cap is a sign of their minimum fund to run the project. thus can be more convincing to investors in supporting the project.

but actually the guarantee regarding softcap will make it a road or not it is not determined by it because it is funding to run while whether it is successful or not is not a determination

But stopping at softcap may delay the execution of the project because they have to start cutting down on all their budget using hardcap and removing most part that they initially thought was necessary for the project or the ones that will facilitate the project but I know that a very serious minded developer with a sound project will be able to work with softcap and push the project hard till it see the light of the day.

I also suspect that most developers that have stopped at softcap end up still investing the fund in some projects they believe to help them double it to the original price quoted for hardcap, probably reasons why we see lots of delayed projects.

[maldini]

I think it's necessary, because it's the initial target for development. But it would be wrong if the softcap is too high to achieve, maybe the softcap must be adjusted to market conditions.

[shadowduck]

Soft cap denotes that how much fund needed to develop their project in future so there is a good thing to have a soft cap on ICOs since it can be a good sign to identify by ourselves that these teams got enough fund for their future purpose.

Now there are a lot of projects that cannot rise the Softcap, and this is due to the fact that the cryptocurrency market is now in serious condition