Hardcap ICO is no guarantee that the project will succeed

[fapar]

Yes reaching hardcap is no guaranteed that the project will be successful if the team is not serious or competent to develop their product. There's a lot of projects out there that teach their hardcap but still having hard time developing their project because they are incompetent.

The problem is that the projects are guided by the amount in dollars but received in ETH/BTC. Let's remember the beginning of 2018 when seemingly successful ICO several times extended sale or collecting the necessary amount (and taking into account the fall of ETH, it significantly decreased from the originally planned) reported that with the listing on the exchange and the development of the project will have to wait. "Bear market", they said.

They blame current market conditions, but they also can't explain the reason the downtrend of the token during the bull market. It is not a coincidence, the market finds a real value of the project and investors g0ot punished by other market participants due to the wrong investment decisions.

And so every time: falls BTC - bad, growing BTC - bad! And then delays in the terms of the roadmap, failure to fulfill promises to investors, lack of interest in maintaining a stable exchange rate on the exchanges (the role of MM).

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[Gabmot]

A successful ICO as a determining factor for a project survival was for season like 2017. Today,  the story has changed completely as even ICOs almost forgotten. ICOs now are gradually turning archaic.

[roosbit]

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

Concept projects don't really need references in as much as I know because they are pretty much the blueprint!

And what is said above is true but reaching a hardcap shows how others have confidence in the concept the project is selling to the public and people are showing interest by subscribing in the ICO. FYI ICOs being an investment you either win or lose as the main reason of investing is to make a profit

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?

Usually serous??? I doubt it , this is true for first generation cryptocurrencies and does not apply to these new coins here.

[z21770179]

If an ICO reaches Hardcap then it is a very good achievement by the Project itself and it guarantees that their project is indeed very good at doing work.

Of course it will be much more robust than ICO projects that only achieve soft-cap, but all must depend on the team. That if they use that money to invest in the project growing

[miklesm]

I agree with your opinion, raising Hard Cap does not mean the product will be successfully developed. The team have to use the funds wisely, paying attention both for development and marketing.

[andrearz]

I do not think that the quality of the project is determined by the collection of funds. Fundraising makes the project more famous and allows you to scale up the business. Also, developers get more resources to develop. There are good engineers, but sometimes they just don’t have enough power to turn ideas into reality.

As you say fundraising will have an impact on the development of advanced projects whether it's massive promotion or there are products that are made, when a project reaches Hardcap it challenges the next to the developers they can or not? that's what determines.

[optim1stic]

ICO projects collected tens of millions on the messenger. Hardcap is not an indicator of success.

[mirawantirinjana]

the one who determines the success of a project is a team and a good DEV, who truly carry out all their goals in conducting the ICO.
hard cap is not a guarantee that a project will be successful.

[Atang Sulaeman]

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?

I agree with your opinion, because indeed there are very many examples of ICO altcoins that have succeeded even though they have for so long gone down in price, some have even died, but at least by reaching the hardcap the founders can maintain the continuity of the altcoin that is run. with capital from hardcap achievement.

[rizkyfebrian213xx]

Agree with your opinion , successfully ICO not just about already reached hardcap on their token sale or ICO sale.
But there's another important point beside that , like the product of their projects , if they had MVP.. you can check it and rate it by yourself.
Also , if their projects has a something different than other ICO projects.. I think its a plus value for them.
In my opinion too , if their ICO projects already reach hardcap on sale.. Its mean they has a enough funds to make their roadmap plan must successfully happen

[BADBITCH]

Yes I agree with you
Hardcap successes are evidences that the project attracted large number of investors but not necessarily success
There’s still need for the developer team to work towards the success of such projects

[fulled]

Sure, ive seen many hardcap token/coin price drop almost 95% after ico, and sometime project without ico turn to valueble coin/token after listed at the market. But if project reach hardcap it will give the project better chance to developing their project on schedule because they have much money in reserve to spend at anything they need

[thunderbitz2717]

This is the hard truth of ICOs, after reaching hardcap some of them stil failed. One reason is the usage of the cryptocurrency token itself in todays system. There were ICOs that did not have any significant uses. It may be that the there are better cryptocurrency with similar functions. So it something about utilization of the coin.

[Classica35]

The hardcap of an ICO might not be a guarantee for the success of such project, but it is necessary and at least one of the criteria for solid and genuine projects to be able to deliver their promises to later.
Most of the projects that stopped at softcap or managed to make it, are still struggling with the development of their products.

[Tripple O]

The hardcap of an ICO might not be a guarantee for the success of such project, but it is necessary and at least one of the criteria for solid and genuine projects to be able to deliver their promises to later.

Well, there is no guarantee for the success of the projects but it indicates that there is a high chance for the project to be successful. By reaching the hardcap, it means many investors join the project. It tells us that the project has something special to run and will lead to a good future.

[Roukawa]

Of course, there are many projects out there who have reached their hard cap but released a crappy project. All whitepapers are sugar coated and used the imagination of the whitepaper's author.

[emberbekas]

hardcap only shows that investors believed in that particular project. but this trust doesn't guarantee that developers will succeed in the future.

ICO project can turn into a scam although reaching hardcap. Meanwhile, some other projects may fail in the next process which causes the project to not be able to reach the exchange and eventually have to refund their investors. Indeed, hardcap is a good sign for the future of a project, but it doesn't always end with a good story.

[coin-investor]

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?

If they reached the hard cap then they have the funds to develop their project, and market their platform, reaching a hardcap is the main goal of any crowdfunding project, to be able to deliver what's on their whitepaper and roadmap, it's something that can guaranty a project.

[farraddy]

In some cases, projects "draw" getting a hardcap so you need to be careful. Very few projects have actually received the hard cap recently, but after the listing of their coins are still falling.

[Peanyut991]

Yes, I also agree with your opinion. ICO that reaches the hardcap certainly already has the trust of investors and also the community. Strong investors and communities make the ICO project a big success.