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Author Topic: Hardcap ICO is no guarantee that the project will succeed  (Read 31422 times)
ukloon
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May 06, 2019, 08:05:33 PM
 #41

There are a few good projects that hit the hardcap. One example is TELCOIN which runs their wallet using the mobile network rather than internet. This means people in unbankable countries can use blockchain technology as well

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May 06, 2019, 08:08:23 PM
 #42

Although Hardcap ICO does not guarantee the success of a project, it is undoubtedly a weighty argument for the development of the project. For the team, this is an additional proof of the correctness of the choice of the direction of development of their project, the loyalty of investors, both to the project itself and to the team as a whole. This can be described as credit of trust, and everything else is in the hands of the team.
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May 06, 2019, 09:01:39 PM
 #43

Yeah.. Even if a project raises the hardcap its not a guarantee that the project will be successful. Some projects faces some issues like,
- Miss- management of funds.
- Individuals scamming the project
- Hackers
- Lack of good advisors
- loosing trust from the community
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May 06, 2019, 09:06:49 PM
 #44

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?
but at least that gives hope for the future. projects that achieve hardcaps are difficult to survive, what else are they who only reach softcaps.

and you know, just seriously developing is not enough to avoid dumping or even maintaining trading volume. so at least we need some rumors to keep people talking about it

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May 06, 2019, 09:31:26 PM
 #45

There is nothing purely secured but some sort of risk is involved with that and ICO if the team is strong and competent they do for ICO to become successful in the market and it is true that once the value of coins down in the market it is all about the public when they feel bot well and this is the grantee if you buy bitcoin and altcoins now and keep it for the price rise in the next seasons so project can be succeed.

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May 06, 2019, 09:37:21 PM
 #46

Indeed hardcap is not a guarantee of the success of the project because it is possible for a project that actually has a low income to grow and vice versa a successful hardcap project can only use its income for the benefit of their team and even a scam

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May 06, 2019, 09:41:16 PM
 #47

Yeah, I also agree with you. At this moment there is a lots of project which touched the hardcap on the ICO or ieo phase and after sometimes we saw that the project was running under the water. It's not about the money always it's about the team, how the core team take the charge of the project, how they use the fund the future vision or roadmap, how good advisory board is. It's depends on every thing. But most of the time a free team with no fund collection comes to good cause they come to the market to do some work make the project good. They don't think about business.

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May 06, 2019, 09:43:50 PM
 #48

It is true I have seen so many ICO's that reach their hard cap but still couldn't get their project going.
I could still see their value still very low compare to their ICO price .
So for me hard cap doesn't guarantee anything.

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May 06, 2019, 09:45:27 PM
 #49

Of course, it is important to pay attention to the amount of funds collected by the project, but this cant be the main indicator. I agree with you on that. The main thing is the result of the work, it is necessary to pay attention to what the team managed to achieve.
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May 06, 2019, 09:49:19 PM
 #50

Most of the time Hardcap is usually not the case as we had so many ICOs when the whole hype and moons started collected more than enough say 15M and up till now there is no remarkable progress made there impact so investors have decided to let them After Hitting softcap they just didnt forecast the market and not really concerned about crypto coz if they are will have seen bearish coming they lost peoples money and no any concrete work at all

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May 06, 2019, 10:02:01 PM
 #51

This is what often happens, the ICO project is now only concerned with money and not serious in developing projects and products. that is why many ICO projects are not successful even though they reach the hardcap target. in personal experience, I have an example project that I mean is exscudo

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May 06, 2019, 10:46:54 PM
 #52

From what has been observed so far it is quite clear that ICO is not a guarantee of a successful project, but rather a place of choice for how well ideas and products after entering the market. Many factors of ICO failure come from the collaboration of everyone in it because the level of fraud is very high now we must be careful when participating in it.
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May 06, 2019, 11:44:01 PM
 #53

The success of a crypto project strongly depends on the kind of gap this project is bridging in the crypto ecosystem and the world in general. Sometimes the relevance of the product launched by the project and how useful this product is to the entire crypto space and the world. Although the amount of money raised during an ICO actually tells something about the progress of the crypto projects, it does not really tell how successful the project is going to be.
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May 06, 2019, 11:48:17 PM
 #54

I believe even the hard cap reach of one project it not means they successful because they have a lot of challenges they need to pass before they become successful and also the problem on how to avoid dumping value if the coin listed to the market and also the project not succeed if the team run all our money after their reach their target money.
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May 06, 2019, 11:49:21 PM
 #55

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?
Agree with this sometimes project that has successful hardcap became nothing when it comes to an exchange many people told if the project reach hard cap it would became successful but there are wrong it was all about the project by itself if they comply all the regulations or not it will dictate on the status of the project.
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May 06, 2019, 11:56:58 PM
 #56

That's the painful truth mate, reaching hardcap or launching an ICO does not guarantee the success of a project but rather the concept behind the project. How is the project going to solve an existing problem and how would it's utility token be used on its platform to bring profit to its early investors. Not forgetting strategical marketing plan from the team as well. this combined should help any project stabilize itself in the ecosystem.

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May 06, 2019, 11:57:44 PM
 #57

project who don't run their ICO nor having their premine, but with working product or app has high chance that they are not here for easy money. youve seen last year that projects achieving their soft cap/hard cap have no assurance at all that they will deliver their objectives to their clients. they are active during the token sale, but once they got the money, their enthusiasm die down. and you couldnt even get a decent answer from their end if you ask about their developments.

attaining hard cap does not equate to success to most of them. because most of them have the intentions of running away from the investors. hard truth!

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May 07, 2019, 12:17:23 AM
 #58

If the project wants to show stable growth, then it should take care of the liquidity of the coin. I think that it is important for investors to have money to buy coins after listing.

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May 07, 2019, 05:46:37 AM
 #59

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?
Hardcap can never be a guarantee that a project is going to succeed,  some projects lacks good management skills and this will affect the company so much because they can end up spending the funds on unnecessary things that are not even needed for the project, what you should look at mostly is the team behind the project, check their commitment towards the project and not just the hype they create, because hype will only raise fund for the company but not get the job done.
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May 07, 2019, 08:40:17 AM
 #60

There were too many project which has reached the soft and hard caps but they turned scam in somehow.. Actually we never know that they really reached the hard caps? I want to warn to the ICO review sites. I used to make my researches with the ICO Bench website, they were very trustable at the beginning but in last 1 year their 5.0 pointed ICO projects turned scam. I believe that if they give the full point 5/5 to a project it shouldn't turn scam. And it is not only one, more than %50 projects turned scam which they gave 5 STARS!
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