Hardcap ICO is no guarantee that the project will succeed

[Dellosoft]

An ICO hitting hardcap is obviously a sign that it has hype and people have interest in the project. But this is no way a guarantee that the project will do well. What if they don't even have plans to develop a product? What if they show case an MVP to lure people into buying in? What if the team is only after the money? Well, most projects hitting hardcap do better than those which struggle to hit softcap.

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[Chika08]

Yes that's right, a project reaching it's hard cap is not a guarantee to its success. The team might not fulfill its agenda thus making project to fail. So yes money raised its no guarantee to the success of a project.

[asepsetiawan1990]

In this case there is no guarantee against ICC hardcap, many factors affect it all. We don't know what will happen next. Therefore we must have a backup strategy to deal with what will happen because there is no party providing ICO hardcap guarantees that will produce good results.

[ginobitcoiner]

I also think that hardcap is not the only reason or even not a guarantee that a project will be successful. because the determinant is hard work from the developer to continue to run the roadmap consistently and keep prices from falling, increase the community and cooperate with other parties who can support the development of their projects.

[Bunsomjelican]

ICO is not a guarantee that the project will be successful, because most ICO projects are still limited to concepts and do not have clear references,
but projects that don't make ICO or premine are usually serious and good projects.
and I also agree on this, what about your opinion?

For being here in more than 1 year, I saw that it is very seldom for the project ico that achieved hardcap. Most of it achieved soft cap, and the saddest things is like what you had mentioned there are few ico achieved hardcap but in the end it didn't succeed. But you can try this one ico project on which I think is good https://bitcointalk.org/index.php?topic=5137308.0

[fosco333]

ICO is not a guarantee that the project will be successful, because most ICO projects are still limited to concepts and do not have clear references,
but projects that don't make ICO or premine are usually serious and good projects.
and I also agree on this, what about your opinion?

Some project can be successful even not reached hardcap, so the project success won't depends on it.
In 2017, there were many ICO's hit hardcap and it was a successful ICO, token value was not dropping after, because many peoples were buying.
but now, it is very rare to see such an ICO that hit hardcap in this long bear market.

[Goodvin]

Unfortunately, even a professional team is not a guarantee of a successful project. Sometimes projects with famous people in the crypto world do not develop. Many good projects were in 2017–2018. The one who managed to invest in them received a good profit.

[Jhonyjon]

My opinion about the project that has been hardcapped is why it doesn't match the expectations, usually the project has a bad or unclear team, and he made the project as good as possible to attract as many investors as possible to buy the project, I agree also about no ico or premine average projects like success because the team is very focused on development and markets such as sentiavate, apollo, etc.

[thesmallgod]

I am just wondering how many of the ICO make the hardcap this day. I have seen many project running for almost two years now and yet they do not even reach the half of the hardcap. The success of any project does not depend mostly on the hardcap which is raised but how well the amount raised is managed to achieve the goal of the project. I have witnessed case of mismanagement that led to dispute among dev team. Such scenario will have negative effect on the ICO even though the hardcap is reached.

[axel2078]

Yes that's true, there are project which started developement with just softcap and they did well. This can be attributed to the type of team behind such Projects.
In the same ways there are projects that even with hardcap still fails to offer any tangible or reasonable product or service.
Investors should always research about the team behind any project they wish to invest in.

[bitc0000]

I think what determines the success of a platform is the team driving the platform and not in the amount raised. During Public sale, softcap is seen as the minimum amount needed to start the platform, but yet many who have achieved softcap and hardcap failed to deliver, on the other hand, many who achieved these still delivered. Thus justifying my initial statement that, the team is responsible for the success or downfall of a project.

[Pet240]

If reaching hardcap is the way out, then a lot of projects would have made their investors millionaires in the crypto space.
You will be amazed that some of those projects are lagging behind, not only in their prices on exchange, but also that their products are nothing to be proud of.

[neonshium]

Unfortunately, even a professional team is not a guarantee of a successful project. Sometimes projects with famous people in the crypto world do not develop. Many good projects were in 2017–2018. The one who managed to invest in them received a good profit.

This is right and we have seen so many projects that people thought would have great market but they terribly failed. I think that you do not have to think just about whether or not they have achieved their hard cap over ICO. You need to be curious about many other things as well. Now look at the Harmony project that was launched over Binance Launchpad. This looks really good. Try to focus on IEOs.

[Yamifoud]

Unfortunately, even a professional team is not a guarantee of a successful project. Sometimes projects with famous people in the crypto world do not develop. Many good projects were in 2017–2018. The one who managed to invest in them received a good profit.

This is right and we have seen so many projects that people thought would have great market but they terribly failed. I think that you do not have to think just about whether or not they have achieved their hard cap over ICO. You need to be curious about many other things as well. Now look at the Harmony project that was launched over Binance Launchpad. This looks really good. Try to focus on IEOs.

The reality is that ICO haven't gaining enough trust from investors due to the fact they'll never give any assurance for this project survive for a long time.
Even me, why should I risk my money them if I have nothing to get? It is a waste of time and have a chance to make lose my funds.
ICO never look great this time and never think of being profitable for them.

[NewRanger]

Unfortunately, even a professional team is not a guarantee of a successful project. Sometimes projects with famous people in the crypto world do not develop. Many good projects were in 2017–2018. The one who managed to invest in them received a good profit.

This is right and we have seen so many projects that people thought would have great market but they terribly failed. I think that you do not have to think just about whether or not they have achieved their hard cap over ICO. You need to be curious about many other things as well. Now look at the Harmony project that was launched over Binance Launchpad. This looks really good. Try to focus on IEOs.

many expert predicted harmony will be greatest projects at this year.looks like investors wait this IEO on binance launchpad.maybe it will reach hardcap in only few second and continue in exchanges.harmony launched their ieo on correct time.

[alt-fire]

I am agree that raised hardcap is not guaranteed that project will be in good price position. let's say about wpp. they are raise around 50 million of dollars but now the price is less than 3 cents USD. It is very far from ICO price.

[Kencha77]

Hardcap is just a goal created by the team of the ICO for the creation of the project. When an ICO reached it's hardcap it should more likely have a complete fund for them to follow their road map. Since ICOs are most likely greedy now, some ICO members sell off their coins instead of supporting it. Most of them goes from 100 to zero because of this dumping.

[Vishnu.Reang]

If the promoters of an ICO project want to assure their investors that the project will last for long, then they should consider the following methods:

1. Keep a significant amount in escrow, either as BTC, ETH or USDT.
2. Take insurance against business failure
3. Get a an auditor from a reputed third party.

I know very few people are going to agree with my suggestions. But I can tell this with 100% certainty. Unless we impose these measures, the scammers will continue to cheat the investors and vanish with their money.

[KrakenZ]

ICO is not a guarantee that the project will be successful, because most ICO projects are still limited to concepts and do not have clear references,
but projects that don't make ICO or premine are usually serious and good projects.
and I also agree on this, what about your opinion?

Indeed hardcap achievement is not a guarantee that a coin will succeed. But at least the coins that have reached the hard cap have a good future because the project has not been blocked by funding. The cost is not a problem so the development team only works hard to run the project as well as possible. Therefore, in order for this implementation to succeed, the ICO must be truly responsible for planning. This plan should be truly real and workable. Not only that a concept that is not necessarily real can be realized.

[erikalui]

Like Boscoin. The project accumulated funds in a short span of time and there was a craze for it. See it's state now when nobody wants to even talk about it and the team is not active on telegram too.