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

[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.