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Author Topic: Bounty Hard Cap  (Read 1334 times)
ice18
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March 13, 2019, 01:39:24 PM
 #61

Is it normal that an ICO has a Hard Cap of 72 million dollar? And as of now I cant find the total supply of the coin so that I can compute the total supply and the value per coin, and I guess they should also put the total supply in their site. What do you think?
It depends on the projects some are really need a huge amount of money for development, marketing etc if it needs some large manpower and target for international users it must be a enough for a big hard cap but if the project is not too huge this is too big.

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March 13, 2019, 01:47:50 PM
 #62

Usually every project will have it's total amount of supply for the coins they will makes, and make some allocation of those coins for many things including ICO, Bounty or future development. But if the project doesn't give those information, i think we should be careful with the project. So it's better being cautious than being regret.
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March 13, 2019, 01:58:52 PM
 #63

I think that is too much because at the moment it is difficult to convince investors to be able to support ICO so that currently many ICO projects that target hardcap far below the $ 72 million of their sales fail. especially with projects that have as many hardcap targets as that much, I think it will be even more difficult.

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March 13, 2019, 02:13:25 PM
 #64

Is it normal that an ICO has a Hard Cap of 72 million dollar? And as of now I cant find the total supply of the coin so that I can compute the total supply and the value per coin, and I guess they should also put the total supply in their site. What do you think?
I agree with you that they should put the total supply on their website for investors to know, a project with $ 72 million that is really unclear when it is too big a number.  will have a lot of doubts about this project if I intend to invest

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March 13, 2019, 02:17:12 PM
 #65

that why you need to check every ICO bounty that you will joined
they should open information about their supply or ico that sell out or not
many fake news or even fake caps on funding just to get more investor
richminded
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March 13, 2019, 02:18:01 PM
 #66

Is it normal that an ICO has a Hard Cap of 72 million dollar? And as of now I cant find the total supply of the coin so that I can compute the total supply and the value per coin, and I guess they should also put the total supply in their site. What do you think?
Its normal right now, and sometimes they just cheat on numbers to deceived more investors. Though in reality the hard card is too high and its hard to collect that kind of money for a new coins. Some ICO also don’t have softcap, they just work according to their timeline even without investors i guess, the number of supply coin usually indicated and the price will depend on the level they have set.
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March 13, 2019, 02:20:58 PM
 #67

depends on project, recently i participate in some bounty then raise about 68M $,they give reward for bounty hunter before fund raise is 5M Token.
then after finish ico they cut it, and just give 100k token which price per token is 1$.
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March 13, 2019, 02:21:32 PM
 #68

I don't believe any project can reach their hardcap in this moment, some scam project wants to attract the investors, and usually to said they have reached the softcap and more, if you can't find the contract address, it should be the fake news.

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March 13, 2019, 02:26:53 PM
 #69

Is it normal that an ICO has a Hard Cap of 72 million dollar? And as of now I cant find the total supply of the coin so that I can compute the total supply and the value per coin, and I guess they should also put the total supply in their site. What do you think?
It is not normal if it is small project and something which can be done with less money.
Basically money is for development. It can be for other things too.
Maybe if it is for real estate.
I don't think exchange need that kind of money only to start exchange because they have their fees and they have to develop exchange which probably doesn't cost 72M. It can be for gambling site too.
It really depends on project and goals.

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burky156
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March 13, 2019, 03:06:18 PM
 #70

A project can raise $72 millions yes could be more. But since 2018 everything turned something unpleasant. There are scams and lies everywhere. Usually we had big lies about the ICO scores and the caps in 2018 and unfortunately most of them turned scam. No one believes in ICO's anymore.
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March 13, 2019, 03:23:10 PM
 #71

ICOs or projects with shallow details should not be an option, else you might end up losing your money.
Sometimes, I just wonder why some projects would demand such huge amount of money.
Also, in this case, the details are not revealed, so I would advise you to be careful.
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March 13, 2019, 03:34:37 PM
 #72

Is it normal that an ICO has a Hard Cap of 72 million dollar? And as of now I cant find the total supply of the coin so that I can compute the total supply and the value per coin, and I guess they should also put the total supply in their site. What do you think?
There's nothing bad if a project hard cap is up to 72 million dollars but the last time I check every which there hard is up to the amount mentioned those project are project that have to do with precious metals or stones and you'll find the total supply if you check their site but I will advise you to ask ICO Ethics for advise.

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March 13, 2019, 03:45:04 PM
 #73

Usually all descriptions of projects are on the website! I think now is not the time when you can collect 72 kk $! Most likely this is deception, check the information before participating in this project!

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March 13, 2019, 04:49:14 PM
 #74

Is it normal that an ICO has a Hard Cap of 72 million dollar? And as of now I cant find the total supply of the coin so that I can compute the total supply and the value per coin, and I guess they should also put the total supply in their site. What do you think?

We don't know if the ICO said the truth about reaching the Hard Cap because we don't know how much money they can collect from the investor. They can say that the cap was reached and now they are running a new phase for the project. Or maybe they hide something to the public, so we still guessing about the truth. But it is hard to reach that number since they need to have a big list of the investor.

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March 13, 2019, 05:06:42 PM
 #75

You did not specify whether the project reached a hardcap, or that the hardcap target was 72m $. If that project gets $ 72m hardcap at this time, it's hard to believe. I don't think a project can be done at this time.
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March 13, 2019, 05:15:44 PM
 #76

You must be careful with fraud because I see that the achievements are very large and may be very difficult to achieve. Many ICOs have stated that they have achieved Soft Cap, but the project is not running and the developer is leaving the ICO. It is very difficult to get a good and very promising project, it takes hard work to get it.

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March 13, 2019, 05:21:52 PM
 #77

You must be careful with fraud because I see that the achievements are very large and may be very difficult to achieve. Many ICOs have stated that they have achieved Soft Cap, but the project is not running and the developer is leaving the ICO. It is very difficult to get a good and very promising project, it takes hard work to get it.
You can simply take part in a large number of bounty campaigns and some of these campaigns will bring very good money.

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March 13, 2019, 05:23:47 PM
 #78

You might keep looking for that and won't see it dude. Many ico now come up with fake write ups and update just to lure investors.
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March 13, 2019, 05:26:17 PM
 #79

what's the name of the project? so large is their hard stamp, now the ICO project is starting to do things that shouldn't be done. they can sometimes make fake news for everyone. we need to examine their project and it might be good if someone arranges an ICO project in circulation so if there is a bad project or commit scam we can report it. sounds good but this is difficult.
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March 13, 2019, 05:27:15 PM
 #80

If a project has determine $ 72 million for the hard cap, then I think the project needs to be great. Because I think $ 72 million is quite a value for a new platform. So if you are going to join this ICO, I think you should do a good research. I would especially recommend that you investigate team members and, partners which it has of the project.
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