We should stop promoting ICOs who ask huge money for their soft/hardcap!

[Tduty]

Hello Everyone,
Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!

So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?

[cryptobae10]

Hello Everyone,
Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!

So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?

Yes you are right in some points
But it’s not the project fault I would say because I can assume you fell in love with the tokens and did not cash out your profits

So basically, it’s up to us to have a good information before joining any bounty

[Xardasim]

ICOs with lower softcap are also in the same situation. It is not about softcap or hardcap. This situation is caused by the development of opposite volatility. Better condition means better ICOs.

[42K]

Thats a nice idea but then we have to first weigh the project before considering or comparing their hard/softcap with the project. There are some projects that even if they raise just $1million they can set it up and start working on their products whereas others needs more than that. So for these we have to really look into the project before taking any step.

[Sinone]

So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?

I agree with this, so many ICO with high softcap or hardcap after listing they dont care anymore about the project, sometimes the team dont care anymore about the project roadmap. And i think 10-20 Million, they only set it to make profit, not for project. I think 5Million for hardcap, this is enough. Lets care about investor

Yes, Agree with you. Look at the Binance Launchpad's BitTorrent ICO! The hardcap was 7 Million USD if I am not wrong but they made a very high trading volume because it has a good project with developments and it is known by most of the internet users! I feel 10 M USD hardcap is enough to run a project perfectly. But they need 30-50 Million USD to fill their own pocket!

[TheAndy500]

Hello Everyone,
Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!

So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?

I also noticed that during the bear market projects with small targets deal with situation much better then big ICOs. However, we can not forget about such projects as Golem or EOS. A lot depends on the moment they enter on the market. However, I think that large projects will be able to show that ICO or STO are really good instruments for building very profitable investments. The all what they need is just better market situation.

[bhadz]

You have the freedom to do that but I doubt it that everyone will participate on this especially with bounties. Most of the bounty hunters will just go on with any project that they can participate that looks stunning and good to them. It is the sad reality that many of those projects that gathered huge amount aren't really working with what they have promised. I'm not telling that all of them but many, still looking at the brighter side, there's still few of them that keeps on working with their promised road map.

[tsaroz]

Classifying ICOs based on their soft cap and hard cap and Generalizing them as one being better than other is not a bright idea.
The projects and their caps depends on various estimations and goals. The success and failure depends on the projects ethics and dedication.

[Goodvalony]

honestly, i regrets selling my countinghouse tokens last year novenmber. look at were it is now. i remember participating in the bounty campaign, honestly, the project looks like something not serious. but finally look were they are now. huge and massive profits. lesson number one, don't sell off tokens easily.

[tippytoes]

Classifying ICOs based on their soft cap and hard cap and Generalizing them as one being better than other is not a bright idea.
The projects and their caps depends on various estimations and goals. The success and failure depends on the projects ethics and dedication.

Every project has different soft and hard cap because they are addressing different natures of business. So it depends on what kind of business they are launching. And yes, it depends on the project's ethics and dedication so we are talking about the development team here. If they have sincere goals no matter how much they raised, they should make both ends meet and find alternatives on how they can realize their platform. They should not stop if they are not able to raise their target funds but find ways on how to address the situation rather than abandoning their project.

[thunderbitz2717]

Higher soft and hard caps do not necessarily mean that these ico's are fraud or expected failed projects. Even those ico's with low soft and hard caps failed. Maybe you're right on some points but not absolute. It is still based on the project itself.

[jorenpo]

its not about the hardcap. if the softcap reachead, the project will continue if not then no.
its still on the dev of the project if they decided to turn into a scam token.

[L A R A]

Hello Everyone,
Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!

So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?

their development is not just listed on the exchange, but more than that for example HDAC you can see the develpoment progress on the website or you can also ask on the telegram
in my opinion it doesn't matter that they want high softcap and hardcap, provided they have to be in accordance with what they will develop

[ansarose1]

Definitely true. Even if we help to promote ico for their soft cap and hard cap, still there is a chance that they cannot meet even soft cap, meaning theres a chance that the project would be unsuccessful. But we should not lose hope then.

[s4mp1nt0]

you are very right. sometimes the one that didn't reach its hardcap is the reliable token in the market. I know some token that reach its hardcap but still not on any exchange until now.

[overnight03]

Hello Everyone,
Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!

So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?

I do not often participate in ICO projects when they ask for a large amount of money, which is my experience because I often see those projects that are very difficult to succeed and the rate of failure  is very high

[wuvdoll]

I don't think we should stop totally in the promotion of project that need huge amount of soft/hard cap because project varies and some project might actually need huge amount of money before they will be able to achieve their goals, I think what we have to do is to do a good analysis ourselves about the projects, then check the funds needed to carry out the project to see whether the funds is actually what is needed or not.

If not, we should contact the dev team stating them that based on our analysis, they will go for studying and recalculating the soft/hard cap. If they keep stubborn then we must think about stop promoting such unrealistic/greedy teams. This is because, everyone must have their own justifications and we must give them chances to explain their own perspective too.

[Script3d]

One of the reasons why you dont invest in this type of project because you know it'll be bullshit, if im gonna invest im gonna go for projects that are legit doing updates, not projects that just have a single update every quarter when they can do alot more.

[Chika08]

Yes you are right but not totally correct.  Problem is, many of this project didn't even reach its softcap but they lied of the amount theorised and when they get to the market,  the price dumps and they blame the market for it.

[Nesbee2]

 in my opinion i don't have issues with their huge soft or hard cap , either ways , if the project team do not have a vision and focus on it , the project may still be abandoned after raising the amount . some projects raised huge amount and were still able to make it  through and protect their token from dumping .

But my problem is with projects  who will state as a condition that hunters will only be paid if they meet their hard cap  . i think hunters deserve their rewards after advertising projects and the reward should not come with such conditions.

[Boombull]

I think there is sense in your post. The percentage success of ICOs with small hardcap is far better than those that demand huge hard carp without having something tangible than mere listing on exchange. Envion raised like 100 million USD but today, it's no where to be found.

[Saisher]

In the current market condition, it's hard for projects to reach even 10 million dollars, some ICO are faking their sales to convince other investors to invest in their project, I have seen a project boasting they reach this amount but no investors are coming up to post that they've invested this or complaints if there's a lack of update.

[Mcmich]

Recently, I cam across a project while researching on bounty projects. The ICO of that project kept increasing and now its at about $2.5. And am wondering, is this project ever going to list at a price close to that $2.5 I mean, it's just outrageous when we know that 95% of ICO project list at ICO price. I just wish investors will wake up and be much more careful on projects they go for.

[Nggedebus]

For me, usually i choose a project that has a reasonable amount of target for their softcap or hardcap.
I would avoid in choosing project with a target that are too big, just like what has mentioned in the first post.

[Strotman]

And if the development team competently justifies why they need these $10 million, and when checking with the project all is well why should we boycott such a project?

[AgentZero23]

Some ICO's have unrealistic hard cap but if the hardcap justify the scope of the project then it's okay. I have seen many ICO's reached the hard cap and up until now no product and only some kind of newsletter. I'm picky on what kind of projects I promote and 10 million usd hard cap would be the enough for a startup. More than that would be difficult to achieve considering the market condition.

[zhekinsp]

Hello Everyone,
Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!

So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?

Agree with this, most of the new tokens were just going to be used for buml and dump so why we need to invest huge money on them,we can get them for more cheap price when it is available on the exchange.

[funchiestz]

Hello Everyone,
Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!

So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?

I think that the difference is not more projects, but rather ICO teams. Almost all of these projects are moving very slowly. The projects of better working teams are more successful.

[bigcash2011]

Yeah i agree with you and i would add to your point by saying that reasonable funding goals should be encouraged and desire to raise infinity or large sums of money should be discouraged i mean you are just launching a new project and for me 1 to 10 million is a huge and adequate funding for a startup but icos are aiming at 50 million to 100 million and even more which sometimes seem rediculous, this also shows that projects are launched without proper homework and are backed by nothing but greed i think regulators should limit the fund raised in an ico to max 10 million.

[melomanskiy]

How do the fees at the ICO stage affect the future development of the project? Now, in fact, 90% of all the projects that conducted the fundraising are simply simply in a deep hole.

[moshuk]

the whole thing is not in the softcap, but in the fact that ICO represents itself ... how it is unwound and what is the idea .

[AtlantaFive]

There is no problem if their softcap is huge as long as they are legit and not a scammer. The real problem is they always give hopes to their investor after getting huge money. The slow development is one big factor in a project. A lot of ico team struggle to perform well after getting some huge money. I think they just need to work hard if they need to reach their target in their roadmap cause many ico has not following the roadmap due to some delay in their part.

[timmmers]

Hello Everyone,
Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!

So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?

That is true ICOs would like to get a lot of money in the easiest and safest way, I do not understand why they do not satisfy with only 100k $, that is still a lot of money and for example after some progress they will reopen their sale and again collect some money..

[ioanbtc]

Yes, there should be sopped promoting an ICO who ask huge money, but maybe some just join because the team of that project promises that will pay or pay every week/month some amount of money.

[CoinCollect]

I agree with you. Sometimes projects are called very overpriced price, which they plan to spend on the implementation of the project. I believe that this is unreasonable and wrong.

[powerman24]

I do not think that the progress of a project and it`s development depends only on the raised funds. Different projects needs different amount of soft cap. It depends on how many developers and other stuff they need to pay to realize the project. I agree on that some projects asking for abnormal amounts of soft cap/hard cap not in line with the market situation and the projects needs.

[crenfrosck]

More money does not mean more success- some are capable of doing miracles with a piggy bank while others might be struggling even with tens of thousands on their account. However, no one forces you to give those project even a single cent- whatever you would invest, you are making a voluntary transaction and your responsibility for that action will not fade away. The best way if you are indecisive is to ask- literally flood them with any question you would like to have answered (if it has not been done yet in FAQ section or on social media). It will definitely give you extra information necessary for your own decision and you will minimize the risk of losing your assets. Promoting is, on the other hand, time-consuming and we give up our free time in order to have a chance to obtain some digital tokens (hopefully valuable at some point) and no one likes to come with nothing. Research is a must and remembmer that the persistence is a magic key which can help you to open many doors and opportunities  .

[Indrawan77]

I think high or low soft /hard cap doesn't make any difference, most of the ICO now is not worth to invest, they don't any solid vision, feature or potential, they just want a quick money, I prefer the idea of creating regulatory body to control the ICO creation, limiting caps won't make any difference to the ICO end result

[abstractednerve]

I am feeling very bad to agree with you! Everyone's has different opinions but my opinion on it is agreed with your observation! Such a big hope I had on HDAC project! But they did nothing for their investors and supporters! Even it's been almost 2 years of my investment in HDAC project but I still regret why I invested there! The same feeling goes for pumapay and envion! They earned huge money by promoting their unique goal but they did nothing to make their project real!

[sandra_x]

Sometimes I wonder too,what do they need all the millions for ,A lot of projects are yet to justify the millions raised during ICOs,other than listing on exchanges and sometimes some poorly developed mobile apps,nothing more to justify such money.The list of such projects is endless

[hirngespenst]

Though you are right in some condition like 200 Million USD is just more than hue for the HDAC project where they are doing nothing big! But I don't think we should stop promoting! Rather we should promote only good projects which have a confirmed development or associated with something big! Therefore, 100-200 Million USD for one project is too much huge to achieve in this bear crypto market and I don't think any project can do that properly!

[aioc]

Some of them are not reaching their soft cap, honestly, they only need half of the soft cap, but they want to reach more for profit because they know it's hard to fund a project now in this current market condition if the project is awesome and has potential I wouldn't mind supporting them as bounty hunter.

[Sri rahayu]

I thought of their initial intention to build a project, whether they are serious or not to develop their project?
 Logically, if they are serious about doing that, they must have initial capital. In my opinion, investors are only capital enhancers, not full capital providers for the project. Even though they only achieved softcaps, I think they can still develop the project, because their own team that decides capital is minimal (softcap)

[coin-investor]

Hello Everyone,
Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!

So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?

I'm worried on ICO's that has a potential in the market that targetted a very high softcap, because it's not realistic to reach high softcap because of investors hesitance to invest because of the current market condition because if they will push it, if they will not reach there's a possibility the platform will not materialize.

[Yoo]

Nice!
I think that's the right opinion. Yeah, after I observed, it turned out to be true. They cannot develop the project well with the amount of money that has been collected from their ICO. Yeah, I think they are satisfied with their ICO sales that have managed to raise a lot of money, so they don't focus too much on developing their projects.
Whereas ICO has a standard softcap / hardcap target, they really use their money well for the development of their projects.

But, we cannot make that reference. Yes, I think everything depends on how the project can continue to grow well and in accordance with the road map, with the team that continues to work hard. Yeah, so the project will continue to grow so as not to disappoint investors and holders.

[senin]

I do not think that you should not support those projects of ICO, the team that set a big upper limit for fundraising. If the ICO project is promising, it is worth supporting it, no matter how much the team hopes to raise money. She will gather as much as investors will be interested in this project.
There is no need to support various dubious ICO projects with signs of fraud. There are a lot of such ICO projects now.

[Anonylz]

Though you are right in some condition like 200 Million USD is just more than hue for the HDAC project where they are doing nothing big! But I don't think we should stop promoting! Rather we should promote only good projects which have a confirmed development or associated with something big! Therefore, 100-200 Million USD for one project is too much huge to achieve in this bear crypto market and I don't think any project can do that properly!

Yeah, i see your point, such ridiculous amount raised by some project yet they have nothing to show for it, i think any serious team with the interest of creating a standard project will survive with the little amount in their disposal, not necessarily have to be millions of $$ before a project can be develop, the most important thing is the interest and dedication, full commitment to make something out of nothing.

[rijaljun]

For me it means nothing. Huge or low soft cap is not the problem if we can calculate or estimate the cost of building their plan. SO the problem for me is not the money but the plans they give. As long as the plan make sense, why not?

Also, most people have interest to invest to get more return, that's why some dont have concerns about the development but always have concerns about price.

[Tduty]

Hello Everyone,
Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!

So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?

Yes you are right in some points
But it’s not the project fault I would say because I can assume you fell in love with the tokens and did not cash out your profits

So basically, it’s up to us to have a good information before joining any bounty

I am not talking about the only bounty, mate. What about the investors? You promoted the project by doing bounty, investors got attention because of huge promotion and invested big money but after that their 70% money gone because the team is not working well to develop the product or projects, but they earned 100- 200 Million dollars! Then why you asked 100-200 Million dollars as a hardcap? what are you ding by those people's money? My question is there

[Tduty]

ICOs with lower softcap are also in the same situation. It is not about softcap or hardcap. This situation is caused by the development of opposite volatility. Better condition means better ICOs.

Yes, I agree with you that Better condition means better ICOs. But don't you think ICOs with a lower cap and with higher cap should have a difference? Because big cap's project got huge money, they can develop their projects, they can protect investors from losing huge money because they have big money! But what are they doing? even lower cap's ICOs are doing far better than those big projects. They made promises before the sale, so people convinced and helped them to reach 100-200 Million USD, but after getting that big money they are doing nothing exceptional! I mentioned HDAC, Pumapay, Cryptosolartech and some others name, please have a look at their development, they achieved 60-250 Million USD. And try to look at Localcoinswap (12M USD) and Iconiq Holding (3M EURO) and Counting House (7-9M USD)!

[Tduty]

Hello Everyone,
Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!

So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?

I also noticed that during the bear market projects with small targets deal with situation much better then big ICOs. However, we can not forget about such projects as Golem or EOS. A lot depends on the moment they enter on the market. However, I think that large projects will be able to show that ICO or STO are really good instruments for building very profitable investments. The all what they need is just better market situation.

Do you think people stopped investing in ICOs because of the bear market? Though this is one of the reasons, but the main reason is People understood that ICO projects are betraying with them! Most of the ICO project's team is not following their roadmap after the sale, 98% of their words are fake and lie, they stop replying people after the sale! They always say to see the pinned message but in the pinned message, no new information at all! By seeing this type of behavior with many scam ICOs and of course bear market, people stop investing in ICOs! So, it is not the market's fault, it is the ICO project team's fault!

And I did not forget EOS, Golem's name, but they appeared not in near past, I think 

[Henrobakkara]

Isn't softcap the initial funding to develop the project if indeed the project requires a minimum of 10 million USD (softcap), of course it must be achieved and to support projects that have a softcap large enough we must know the concepts offered by project

[Bitbtc8]

Good point but actually I think its not all of those big ICOs that goes on the same path as the rest,I'm not a fan of huge ICO projects because I've never really invested in any one ,my favourite ICOs are not so popular and I'm sure if I start mentioning names many won't know of them e.g sparkpoints

[daniel2023]

You might be right but some of these projects have long term plan so in a short run you might not see the beauty of the project. On the other hand some of them are there to undue investors. No good plan, all they are after is the money. After ICO they will list it and leave the project in the hand of the investors.

[Bttzed03]

So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?

Don't judge an ICO based on its softcap. It depends on what the project is trying to build. You can't compare an ICO with a softcap of say $500K that's buiding a cryptocurrency exchange to an ICO with a softcap of say $20 million that's building a platform for renewable energy.

[Irvinn]

Hello Everyone,
Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!

So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?

Yes you are right in some points
But it’s not the project fault I would say because I can assume you fell in love with the tokens and did not cash out your profits

So basically, it’s up to us to have a good information before joining any bounty

I am not talking about the only bounty, mate. What about the investors? You promoted the project by doing bounty, investors got attention because of huge promotion and invested big money but after that their 70% money gone because the team is not working well to develop the product or projects, but they earned 100- 200 Million dollars! Then why you asked 100-200 Million dollars as a hardcap? what are you ding by those people's money? My question is there

Bounty hunters promote any promising development and growth projects in ICO projects that will ultimately be useful and in demand. Investors themselves should pay attention to the upper limit of the team’s fundraising, conduct their research and draw the appropriate conclusions. I do not see a big problem only in that the ICO team wants to raise more funds for its ICO project.

[LogitechMouse]

ICO is the main way of the developers and to advertise their project but there are some who are scamming the investors that is why most of the investors right now are afraid to invest in an ICO.

I think I will agree with what you have said but not for that thing only but to totally stop promoting ICO's. These people have scammed millions and millions already to those investors who want to make money.

[Everglow]

Yes, I think at the moment many projects are really quality but they only call about 4 ~ 5 million USD. I think it's a fair amount with a blockchain start up, especially in the current market time.

[GregH37]

its not about the hardcap. if the softcap reachead, the project will continue if not then no.
its still on the dev of the project if they decided to turn into a scam token.

This softcap issue should be the reason why many deveopers that are genuine really need to push hard for the hardcap, I understand they can start the project with softcap but I don’t see it succeeding without hardcap

Any project that does not at least meet 70% hardcap should not even continue because the hardcapis really the quoted amount that will be enough to bring the project to success, they will only try to start the project with softcap, this is why some of the projects end up failing along the line and turn to shitcoins because they later get stranded and will have no choice than to abandon the project since it will be impossible to come back and ask for more investment.

[creeps]

ICO is the main way of the developers and to advertise their project but there are some who are scamming the investors that is why most of the investors right now are afraid to invest in an ICO.

I think I will agree with what you have said but not for that thing only but to totally stop promoting ICO's. These people have scammed millions and millions already to those investors who want to make money.

Its hard to stop greedy people from promoting any suspicious project, they don’t study the project at all and i think it must be start from the manager of that campaign so there will be no investors to be scammed ay all. But honestly its hard to tell if its worth to advertise new projects, even if they have low soft cap there still no guaranteed its legit, there must be a way to regulate the ICO’s.

[nwosuchristabe2]

In my opinion, most of the projects that have inflated softcap which are not achieved are scam projects. They are only giving themselves out, because the investors are aware of the market and know that some amounts are barely achieved.

[5ensei]

Even if you start a non-crypto business you do not need to have millions of dollars to make it a success. If anyone watches 'dragons den' about people asking investors for money, few will request anything over a 100,000k. Softcaps in ICOs are too high and should be lowered

[Little Mouse]

A project needs a lot of money to be established and survive. From that circumstance, I wouldn't consider soft/hard cap is a reason to stop promoting. I think we should consider the project idea and team before thinking of promoting a project.

Even if you start a non-crypto business you do not need to have millions of dollars to make it a success. If anyone watches 'dragons den' about people asking investors for money, few will request anything over a 100,000k. Softcaps in ICOs are too high and should be lowered

No, there is another problem other than I mentioned. Back in the days, ICO were mostly done by ETH. Imagine how much value they have lost at the end. Now, how will they back up it? Is there a way?

[Findingnemo]

Hello Everyone,
Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!

So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?

Just stop promoting the ICOs which are the great risk for crypto currency investors right now since people lost millions of dollars by investing on those projects so better avoid all the projects and only support the current developing projects to make cryptos as better.

[kanmo]

Hello Everyone,
Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!

So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?

The simple truth is that capitalization of any ICO does not have anything to do with the success or failure of an ICO. The success of a project depend largely on the idea and the team behind such idea. Therefore any project be it low or high cap can succeed or fail.

[BlueStackz]

You could be right about this, but it also depends on the kind of product the project is presenting to the public, we have some products that really require huge capital for it to succeed because they might end up getting stock along the way if the capital is not enough to complete it.

Let’s take a look at power project or real estate project, such amount of money is even very small compared to what it takes to bring these project samples to completion but my question is, when such project comes out with such cap, do we really study the product they are bringing out to see if it will really be in demand in the long run ? Many projects have the chances of failing completely if they don’t do their feasibility studies very well to be sure that such product will be of high demands.

[Ucy]

I totally agree with you on this one. Funding should be based on merit. There should be a way to determine if they deserve the huge amount they ask for. A group made of developers should be doing the investigating and getting rewarded. But we currently have no such group unfortunately.

[bitstalker]

For projects like them, it is indeed very unfortunate because it cannot bring changes with large funds, but it is not guaranteed that projects with small funds will succeed because some projects from the bounty campaign that I saw they did a lot of strange things, for example, going through listing in exchange if the bearmarket has been lost or is waiting for the regulation from sec which turns out they are not correct "registering and the worse is changing the reward bounty as they wish but does not guarantee the price of the token is not affected by dump, in my opinion if I follow a project ico is basically just fortune

[HappyCaptain]

the softcap or minimum funding goal will depend on their business model and requirements on building the platform though i agree that a new project should not ask too much funds since they are not well-known on this space.

[spike420211]

My experience has shown me that the more a project has a request for funds raised, the lower the chance that they will collect something at all. You can also add that if the project says that it has collected more than 30 million dollars and at the same time he holds a bounty company, most often this project is a scam.

[marcous]

Not all ICOs are bad but in fact, almost all of them only use a pump and dump when they are listed in the market. unless they are stable coins that can indeed keep their prices stable in the market. and usually they have a softcap target that is not too high, the concept is when the development team wants the price to remain stable they must be able to control that the coin is not held by one person who can randomize price on the market.

[MUG1WARA]

softcap with large numbers but if team is very slow then project will not develop
softcap is little but team uses funds well so the project will certainly develop quickly and market price will increase
so in my opinion, no matter softcap set by project even though in large numbers the main points are seeing team behind the project

[beerlover]

I thought of their initial intention to build a project, whether they are serious or not to develop their project?
 Logically, if they are serious about doing that, they must have initial capital. In my opinion, investors are only capital enhancers, not full capital providers for the project. Even though they only achieved softcaps, I think they can still develop the project, because their own team that decides capital is minimal (softcap)

Sometimes, it is our impatience that makes us judge them so fast, and conclude on them that they are shitcoins just because they look slow in executing their project.

When we talk about the project, what exactly is the definition of the project we are talking about, many of us think it has to do with computer forgetting that some of them requires physical human efforts, imagine it is a project that requires having a building, staffing, putting of some technical instruments in place to execute the project, do we really think this can be done less than 6 months?

Would it not be right to even give some of these projects at least one year plus to put some things in place after the ICO, some of us are so used to concluding immediately a project finishes ICO and we want them to enter exchange and once they rush into an exchange without putting necessary things in place, they end up failing.

[pieppiep]

softcap with large numbers but if team is very slow then project will not develop
softcap is little but team uses funds well so the project will certainly develop quickly and market price will increase
so in my opinion, no matter softcap set by project even though in large numbers the main points are seeing team behind the project

but your statement cannot guarantee the number of ICOs that failed, although the ico project has a strong and highly committed team and has achieved the softcap it will never guarantee you to be able to benefit because they are human so they will be easily tempted by the funds already collected and they will never care about the token or its development again.

[bitc0000]

Hello Everyone,
Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!

So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?

On a larger scale, most projects don't really require funding in excess of 20million usd but some projects are huge such as difinity and eos. The most important thing is integrity of team not the seed fund requested

[e@symode]

Very good solution. The most interesting thing is that people write for some reason different goals. Why do they do it, if a soft cap is achieved, then why do we need to collect more? I never understood that.

[Tduty]

Very good solution. The most interesting thing is that people write for some reason different goals. Why do they do it, if a soft cap is achieved, then why do we need to collect more? I never understood that.

Because most of them are greedy. For example, after gaining a good amount of money URUNIT again extended their sale 2 months more! So, people got frustrated with that project even partners too. So, when they distributed tokens to all partners and investors, people started dumping the coin significantly, and then URUNIT is a dead project right now!

[hellyah070]

Hello Everyone,
Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!

So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?

Why would be? I think it depends on the project, if they have a working product, then definitely they should have a huge softcap to consider. Their project will not going to improve if they have very few budget, and depends on the quality of the project if we will going to support them.

[mrdeposit]

Very good solution. The most interesting thing is that people write for some reason different goals. Why do they do it, if a soft cap is achieved, then why do we need to collect more? I never understood that.

Greed is everywhere. There have been many projects extending the sale by thinking that there will be better prices recently, but the main reason is greed. But, the fall in November facilitated the situation.lol

[Coin-Desk]

Yes, I think so too. All of us should stop the ICO campaign, who wants huge money for their software and hardcaps. In the present era, we understand that ICO means scam. Because now most of the ICO scam. Most ICOs cannot be successful. It is a very difficult thing to do find the real ICO. So we have to see that we should stay away from all the ICOs wanting huge money for their software and hardcaps. Because these ICO will do scam.

Thank you

[Golstrim]

That is true. Good ICO doesn't need a lot of money. 5 mln is enough for you. I can't even imagine where they spend all of the money. 20 mln is too much.

[Balzhi]

Hello Everyone,
Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!

So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?

you green goose for now. try to analyze all picture when market bad like now. and when we have bull run. ometter how much they want if project will work and they will pay.

[vixcious]

I don't think softcap or hardcap points will be the problem. The problem here is the potential of the project and the prestige of the team.
Because each project in each of the different areas has its own financial resources and the amount of money needed to grow differently.
we cannot summarize such potential and fraudulent projects together.

[Chomsy]

The amount projects ask or need to reach softcap or hardcap is not the issue. Come to think of it, most project fake getting the softcap, so why dwell on that.

[Akoldi_ibk]

I understand well your opinion and it is part of what some participants look for before promoting ICOs. But decision making should not be based solely on softcap or hardcap as the project will reasonable amount of softcap often underperform as well.

[robelneo]

Hello Everyone,
Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!

So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?

You have a point, they want to make a huge profit right away,when the truth is they only just need a quarter of their soft cap, why you need 30 million when you can hire freelance developers at a small cost to develop your platform and you don't need to pay for marketing because you are using your own token to pay bounty hunters.

[mickey_miner]

Hello Everyone,
Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!

So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?

This is impossible, because most people do not care what project to promote, they are only interested in the amount of money that they will be paid.

[sadmaster]

I think big projects needs big funds for them to be able to create the product or to follow their development road maps. Since, ICOs are a crowdfunding behind the ICO itself is a company and there is a lot of people there not just the team represented in the website but also the members that will help them to achieve their road maps and continuous development of the coin.   

[Whosdaddy]

Hello Everyone,
Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!

So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?

Why would be? I think it depends on the project, if they have a working product, then definitely they should have a huge softcap to consider. Their project will not going to improve if they have very few budget, and depends on the quality of the project if we will going to support them.

That is understandable for projects with products but what about the ones without product and still demanding for a very high amount in hardcap.

Projects with products really require lots of money to really perform to the fullest and they also need to be given time to achieve this, once we have chosen to trust them and give them our money, one thing we need to do as an investor is also to give them a breathing space for them to be able to develop their project.

I realized that majority of investors starts getting agitated from DAY 1 that they finish ICO, which should not be, this may be the reason why many of them jump into an exchange when they are not supposed to do so to satisfy the investors and die down their agitation.

[zgrdyg]

It is really a shame how greedy icos are. I mean, mostly asking millions dollar for a basic website.

For instance, EOS raised 4 billion dollars!!! Was it really necessary? Unfortunately people are losing their thinking in hype times.

[kuverty]

Now the situation is different. Projects which raised 10-15 million last year now are trying to raise 1-2 millions yet with IEO. I do not support this but but around it a lot of hype.

[nikola22]

ICOs who want too big money usually don't collect anything. so it's a good reason to keep away from them and choose another projects.

[etherclassic]

I think big projects needs big funds for them to be able to create the product or to follow their development road maps. Since, ICOs are a crowdfunding behind the ICO itself is a company and there is a lot of people there not just the team represented in the website but also the members that will help them to achieve their road maps and continuous development of the coin.   

I agree with you it depends on the projects are building follow the progress of development ICO is better than we blame the ICO projects which needs big money, we can not stop them, ICO is part of addoption on cryptocurrencies space related with the projects which use technology behind the blockchain.

[Bonwin]

Just few projects that I know of, such as Pundix, who were able to raise huge money, by reaching their hardcap and are still able to deliver to their community, most especially the investors. This is more reason h should be very much concerned about the team of any project we intend investing in or plan to promote.

[Tduty]

Very good solution. The most interesting thing is that people write for some reason different goals. Why do they do it, if a soft cap is achieved, then why do we need to collect more? I never understood that.

Greed is everywhere. There have been many projects extending the sale by thinking that there will be better prices recently, but the main reason is greed. But, the fall in November facilitated the situation.lol

You are right, mate. Ico projects have nothing now but a greedy team! Last year, I have seen many ico projects extended their sale to raise more money! But people lost interest and moved on! For a good example, I can mention URUNIT and Ingotcoin Ico names! They are dead projects now, because the community, partners left them because of their shady, greedy behaviour!

[Tduty]

Just a few projects that I know of, such as Pundix, who were able to raise huge money, by reaching their hardcap and are still able to deliver to their community, most especially the investors. This is more reason h should be very much concerned about the team of any project we intend investing in or plan to promote.

Pundix hardcap wasnt that much! 35 Million USD was the pundix hardcap! Actually, money isn't the fact, rather the project is! Pundix is now a very popular crypto asset and it's ranking is very good in CMC! It's because pundix worked well and they never left the community alone like HDAC or cryptosolartech!

[mamesso]

Just few projects that I know of, such as Pundix, who were able to raise huge money, by reaching their hardcap and are still able to deliver to their community, most especially the investors. This is more reason h should be very much concerned about the team of any project we intend investing in or plan to promote.

Actually, many ICOs have succeeded in reaching hardcaps, such as CTA, Yamzu and Karatcoin but they have not announced that their projects are still running according to the roadmap.

[abstractednerve]

Just few projects that I know of, such as Pundix, who were able to raise huge money, by reaching their hardcap and are still able to deliver to their community, most especially the investors. This is more reason h should be very much concerned about the team of any project we intend investing in or plan to promote.

Actually, many ICOs have succeeded in reaching hardcaps, such as CTA, Yamzu and Karatcoin but they have not announced that their projects are still running according to the roadmap.

I lost all hopes from CTA, the team is very unprofessional, it's like they are playing with the investor's money! After a long time gap, CEO Henry appeared and announced the BTC - Alpha exchange, but then he disappeared again and no exchange listing happens yet! Karatcoin seems strong project and I felt bad when I missed that. But by hearing you, I feel okay that at least I saved from falling in another project like CTA!

[maculeth]

that's a good idea, because after being listed on the exchange, the token will disappear and the project will be far behind because there are no more developments. they only focus on pre-sale, soft-stamp and also token sales after being listed on the stock exchange. but I don't know who was harmed for this problem because the bounty hunter also dumped when the token was listed on the stock.

[Thanasis]

Hello Everyone,
Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!

So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?

People will not stop promoting even the scam exchanges when they are getting paid with useless tokens which is also scamming the participants but still bounty hunters were doing that even after many failures.But if they can stop promoting these projects which can really help the investors to find the real projects.

[dark08]

Hello Everyone,
Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!

So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?

People will not stop promoting even the scam exchanges when they are getting paid with useless tokens which is also scamming the participants but still bounty hunters were doing that even after many failures.But if they can stop promoting these projects which can really help the investors to find the real projects.

100% right people will never stop promoting scam project for a token that have no value or real exchange in the market, people are too greedy to earn money hahaha even they dont know whats the real project objective or goal in the market.

[MBMauL]

100% right people will never stop promoting scam project for a token that have no value or real exchange in the market, people are too greedy to earn money hahaha even they dont know whats the real project objective or goal in the market.

they and we might just think of getting more assets from promoting new projects. it's true we don't know whether it will be traded or not. what is clear is that we only try our best and strive to choose the best.

[Anonylz]

Different project requires different financial weight to execute and successfully implemented, the hardcap of project "A" is not the same hardcap of project "B" because of different factors involve,
however, it is still very necessary for project owners not to deliberately inflate the required finance required to complete the project, because nowadays, many project just comes up unrealistic hardcap which at the end will not be utilized appropriately. So i think it's good idea to check such project that intentionally inflate their soft/hardcap just because they can.

[royalfestus]

A good idea about startups is to know how to start with minimum amount. ICOs may not be able to raise the size of money by projects mentioned in the OP again,now or maybe in future, they were able to exploit investors confidence in the space then. More also the difference in the softcap and hardcap should not be too large, it calls for concern. Some projects, most especially in energy sector may demand high amount of money, I think private sale and government should be committed for a certain percentage of funding

[valek.bruno]

Yes, in general, today it looks very terrible, because there are real opportunities to complete the fundraising processes for such a large investment. I hope that sooner or later the whole thing will end. But I think that it will not be so fast. We need to create a platform for this.

[Yemolou]

I think every ICO is free to decide how much money they need to move their development forward. It does not mean that every ICO with a big soft cap is a scam, maybe they really need this sum of money. A much more important aspect is the working product or an MVP.

[hahahafr]

Well you are right mate, i know most of the ICOs you have mentioned and i can also testify to the fact that those who actually raised huge amount of money are not doing anything better on the market. And yeah Counting House is really doing great.

[thaliaand]

Softcap and hardcap can not be an indicator of a failed or success project with valuable price in the market. The amount of the soft/hard cap depends on what project the ICO is going to do and we can evaluate the value is reasonable or not.  But it is can be an initial sign for us to learn more and do our dilligence to research the project.

[Dasha88fed]

I agree, projects that have installed Soft Cap for more than 10 million dollars today will probably not be able to collect this amount and will never start. But I noticed that the success of the project depends on the actions of the team and only slightly depends on the amount collected. Therefore, I try not to participate in projects whose team does not inspire confidence, and their professionalism and activity are at a too low level.

[DeathGrasp]

I agree, projects that have installed Soft Cap for more than 10 million dollars today will probably not be able to collect this amount and will never start. But I noticed that the success of the project depends on the actions of the team and only slightly depends on the amount collected. Therefore, I try not to participate in projects whose team does not inspire confidence, and their professionalism and activity are at a too low level.

If Only you are a professional in this business, namely there is an experience to evaluate what are trying to create developers who try to do ICO, then you can estimate the necessary costs for this project.
For Example, the IBM department or other well-known company, if wants to do ICO easily sets and will collect softcap in the amount of 10 mil $.

[Perfect35]

I think it s high time we started neglecting such ICOs. Every project team should be responsible for the major part of the fund needed to develop their product. If they do not have the fund, there is no need for them to lunch their project, but wait until they have at least 50% of the fund from them and the remaining from investors that may be interested.

[cryptolidus]

Some projects needs more funds for development and some other needs less. It is impossible to categorize
ICOs on this way by soft/hard cap.

[cryp24x]

At first glance of your post, we may agree with you but what is the difference of other ICOs with lower softcap and hardcap if they really want to scam people? I don't think that should be the basis of identifying the culprits. There are projects that are reliable and in reality, they really need good funding which makes their softcap and hardcap higher.

[jakelyson]

Some projects are really costly to develop that is why they are asking a large of money.

I think you are looking at it the wrong way. We should not base it on the amount of the soft cap. It should be base if the project can be a reality, if it has good probability to succeed. And also you should see if it is not a scam. Most projects do not succeed because of the developers lack or it was a scam at the first place. I think those are the basis you should spot not to promote an ICO. Amount generated is not one of it.

[stefany101]

Hello Everyone,
Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!

So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?

That amount that you had stated is too much for a softcap of an ICO, that amount is already a hardcap for some ICOs but in them they set it just a softcap. It is better to promote those ICOs with a low amount of softcap because usually, these ICOs are being successful once they are listed on crypto exchange/s. It doesn't matter if an ICO has a low softcap, what matter is on how the development team will use the funds raised to make their project better.

[smyslov]

Hello Everyone,
Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!

So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?

I agree the 10 to 20 million dollars is enough to build their platform from scratch, but with the current situation any ICO are having a hard time raising even 1 million, even good projects like LBX and OVO are paused because they are having a hard time raising the funds.

[angrybird3591]

So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?

I agree with this, so many ICO with high softcap or hardcap after listing they dont care anymore about the project, sometimes the team dont care anymore about the project roadmap. And i think 10-20 Million, they only set it to make profit, not for project. I think 5Million for hardcap, this is enough. Lets care about investor

That's right when not yet reached sotfcap. then the administrators are very enthusiastic and work on the right route. But when it comes to sotfcap then the team will not manage the community and development that the team has given, much ico then the team disappeared after reaching sotfcat.

[Opnsrc]

Just few projects that I know of, such as Pundix, who were able to raise huge money, by reaching their hardcap and are still able to deliver to their community, most especially the investors. This is more reason h should be very much concerned about the team of any project we intend investing in or plan to promote.

Actually, many ICOs have succeeded in reaching hardcaps, such as CTA, Yamzu and Karatcoin but they have not announced that their projects are still running according to the roadmap.

I beg your pardon, but have their investors got at least their first awards? What I see now is the situation when ICO are supposed to be successful projects "on paper" (on the web), but it does not bring profits to people who participate in them.

[Lawrenzoo]

Hello Everyone,
Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!

So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?

I agree the 10 to 20 million dollars is enough to build their platform from scratch, but with the current situation any ICO are having a hard time raising even 1 million, even good projects like LBX and OVO are paused because they are having a hard time raising the funds.

I think the amount being quoted by these projects are as a result of the high cost of leaving in their country, like in my country, 2 million dollars is far more than enough to create a project that will benefit the whole investors no matter how many they are. Where these projects are establish also contribute to reason why they get too much of exhorbitant quotations.

[macshad]

I guess you are right before most of the definitely dont live up to expectations i saw a bounty recently whose softcap is $20 million and hardcap is $150 million like when I first saw it i was just laughing and the ico is almost over and they have not even reached soft cap and the airdrop token is worth $111, could that project ever be successful

[xvids]

Yes I think we should really stop promoting them since it is so hard to reach their soft/hardcap .
I think ICO investors have stop investing in some new project so their soft/hardcap would be really hard to reach.
And if they didn't reach it their project would just fail and your effort would just be useless and you wouldn't be paid.

[ParabellumLite]

Hello Everyone,
Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!

So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?

Large or small amounts also depend on the attraction and potential of the project. I do not think that promoting for big soft-cap projects is wrong. If they ask for a level that is too high for their capacity, they will fail

[trauchot]

I completely agree with you, many companies overestimate their softcaps and hardcaps in dozens or even more times and very often I meet various companies that want to collect 100 million softcaps in such a dead market, so I don’t even contact with such companies.

[republicrypto]

Hello Everyone,
Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!

So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?

its depends on what kind of project my friend,,
so, before investing or promoting an ICO project we should do our research deeply,, in all things
especially with their team member, trusted or not,, if the team member look professional, smart and trusted ,, why not ? read the whitepaper carefully, etc
thats my opinion.
regards

[rdewilde]

You stated your points perfectly, but one thing you should know it's not about the soft cap or hard cap rather it depends on the project as well as the team. That is, the project requiring such funds how feasible is it? and is the team capable of delivering?. This is what matters thus investing.

[Cnut237]

Hello Everyone,
Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!

So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?

I agree that hardcap and softcap are definitely useful indicators when assessing an ICO. Quite often they do look unrealistic, and more about grabbing money rather than building funds for a project. Having said that, sometimes high caps are legitimate if a team has very ambitious aims and a clear roadmap of how these will be delivered. It varies by project, but extravagant hardcaps can certainly be a warning sign.

[crispyfry211]

Look at the softcap and hardcap and depends on the capability of the project.If the project is good enough and has the potential it can ask a huge softcap and hardcap but if the project is not good enough to ask that huge softcap and hardcap dont promote it because it cant able to reach softcap and it will end as failed project.

[zeze18]

Hello Everyone,
Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!

So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?

It depends on the project it self.
We cannot say high cap means they're just aiming for market price.
We should remembered ETN who set high cap and sold more than the cap itself, and it's still running good till right now

[AjithBtc]

Hello Everyone,
Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!

So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?

It depends on the project it self.
We cannot say high cap means they're just aiming for market price.
We should remembered ETN who set high cap and sold more than the cap itself, and it's still running good till right now

Everything cannot be similar to ETN. From my view every ico gets a major investment from private sale, and apart from that ICO sale is added. This way most of the success ico first itself will get its soft cap filled by the private investors. Promoting of ico's were done for payment and none does it free. Till date there are lot of ico's that haven't distributed tokens for the users support in promoting.

[maianh09]

I know that their money is public on the main page of the website. But they do not get big money, while Ethereum has a price of $ 100 but these strange ICOs projects fix the price of $ 400, so the actual amount they receive is not large. I think we should hope that ETH will reach $ 400 soon to help investors get a profit.

[CryptoIyke]

The fact is that projects do no longer receive huge amount of money as invested fund and thereby  making it difficult for hardcaps to be achieved. People are very wary of ICO's and hence most ICO's that set their sales target so high will hardly achieve it no matter how good the project is until there is a level of confidence returned in the market

[Pamadar]

You stated your points perfectly, but one thing you should know it's not about the soft cap or hard cap rather it depends on the project as well as the team. That is, the project requiring such funds how feasible is it? and is the team capable of delivering?. This is what matters thus investing.

It's all about how the team can do handle and materialized requiring much higher funds to be collected is really needs a good project to develop
and progress to achieved, funds is very important for each serious developers team to make sure that they will be able to make things right and
profitable for their investors and supporters.

[arpon11]

Hello Everyone,
Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!

So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?

Maybe those one that you have invested turned out to be like that but we have see many projects in the past with large soft and hardcap and performed very well in the market.  I think we should focus on the scam people with big and technical ideas but the aim is to rub us our hard earned money that was invested into the projects.  For now I have decided to only invest in those projects that has existing products and services.

[Adriano2010]

Maybe yes or maybe no, depends on what people want to do, if people want to promote then is their choice and we can't do nothing. But is bad for investors who lose money on ICO's.

[Petchant]

I think this make sense to some extent. I find it very difficult to believe that most times, ICOs that go wrong are the one with huge softcap/hardcap. They promised much but they deliver little and that little will only be possible if they don't later exit scam.

[Moiyah]

We can control people. Whether they want to promote ICOs or not, it depends on their decisions. At some point I may agree. You've said it was just a dump and pump token and can be run with a huge fund. Hence, we can easily point out our fingers to ICO projects but now with the team who are running and creating it.

[cchub]

I think the community has already realized that USD 10 million is just too much money! Do not invest in such projects, guys! Be careful!

[StarofBTC]

I agree the 10 to 20 million dollars is enough to build their platform from scratch, but with the current situation any ICO are having a hard time raising even 1 million, even good projects like LBX and OVO are paused because they are having a hard time raising the funds.

What platform are they even building? If it is  a project that requires a standing product, they only need to get their building erected, manufacture the products and market it to the world provided whatever they choose to market to the world is a product really needed and be high in demand.

These developers are not just serious, that is why they get not to been able to do anything with the little they have raised. A serious project should be able to do something tangible with their softcap, and the too much quote they do ask is why scammers picked interest in ICO which has eventually destroyed its value.

[JuliaJi]

I agree that such projects, who collected such big money need to support their tokens and developing them, but they often do nothing...

[niisarearning]

It’s true in last year there was lots of projects I witnessed I take two example one is hero (pawn hero) raised more than 50 million dollars no progress low trading volume that too in only one exchange . Other side hero ( play coin ) which raises 1 million and trading in good exchanges including kucoin . Already given profit to investors . Now we can decide we should boycott the ico which is setting high soft cap and hard cap.

[killerfrost]

 I agree with this. You raised a perfect question to all of those big projects! Though We can't stop them to come but we can stop them from growing big! So, let's make a good project hit and let's avoid all of those greedy people from the crypto industry! Recently I have an open eye on Windhan ICO, let's see what happen!

[Sacramentus]

Hello Everyone,
Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!

So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?

you have a point I have watched many of this project that have raised so much money and they have nothing to show compare to what most smaller project have achieved.  I dont know about stopping to promote them but I think something should be done about it

[bonker]

I agree with this. You raised a perfect question to all of those big projects! Though We can't stop them to come but we can stop them from growing big! So, let's make a good project hit and let's avoid all of those greedy people from the crypto industry! Recently I have an open eye on Windhan ICO, let's see what happen!

Sometimes project needs more funds for complete development of their coins on the other side scammers will be happy with whatever they made from ICO because they are going to run with all those money so deciding based on cap values might go wrong most of the times.

[e@symode]

Of course, I would like to do this, but today I don’t understand why it’s just that it turns out that today many projects are really deceiving their investors. I am sure that in most cases people really want to successfully implement their ideas.

[Greeno Force]

I believe that if the project plans to raise more than $ 1 million, it should have a clear plan where this money will go. In other cases, collecting large sums of projects simply can not compete in the cryptocurrency market with other Altcoins. With rare exceptions, 1 out of 10 project is successful.

[ePesoInitiative]

You cannot really stop them for asking absurd amounts for their soft/hardcap. It's all about the reception of the investing public. Back in the hype of 2017, they can get away with it because of the "irrational exurberance" of many. Now? They can't even raise 1/5 of their softcap. You can only choose to not participate.

[Wayan_Pedjeng]

Very good point raised by the OP. It is obvious, and all we need to do is to take a look at the ANN section. There are several projects, which aim to raise $100 million or above through ICOs. And all of these projects are being managed by relatively unknown people. Only a few have some famous personality as the brand ambassador.

I don't know whether anyone here remember about the Ethereum ICO. The hard cap was just above $18 million. More than 60 million tokens were sold for 31,000 BTC (at that time the exchange rate was somewhere around $600 per coin). And compare this to the niche projects which want to rise 10 times this amount. What's more surprising is that there are people ready to make investments, even at such inflated prices.

[kissme09]

The ICO is the urge to call for free capital, if you don't want your head, you can ignore it. ICO is venture capital, so if you take risks, you can invest in the ICO model. The higher the risk, the greater the profitability so I hope that you will get another comment about ICO. 2019 will be a successful year for the IEO, but ICO will not give way.

[fosco333]

Hello Everyone,
Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!

So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?

Yes, ICO with abnormally huge amount of hardcap should not be promoted. What will they do with the money ?
Countinghouse ICO is the proof that the bigger ICO project raised the fund, doesn't mean the project will success.

[cryp24x]

Large or small amounts also depend on the attraction and potential of the project. I do not think that promoting for big soft-cap projects is wrong. If they ask for a level that is too high for their capacity, they will fail

I agree about this one. We cannot judge a project by the amount it really needed. You have a point but it is not totally accurate that if a project wanted a big amount then they are scammers. Big projects especially those who needs development of the system really needs a huge amount.