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

[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.