ICO tokens amount

[ivanlah]

Hi to all,

I'm new on this forum, I read posts often, but I was not registered until today   . Never mind, I have or let's say we have (whole team) a question about ICO token supply.

We are preparing an ICO for two years now. It's serious project and we want to prepare it very good. But we have dilemma about tokens amount which we want to publish into the network.

We have calculated soft cap when the project will be successful (how much $ we need for project).

Now the question:
On every ICO soft cap and hard cap (max amount of tokens) is defined. What if we set hard cap in time limit and not in a token amount. Assuming the token price, for example is $ 0.10$, public sale for 3 months. If we collect for example 1 mio in ETH,BTC etc... we will then publish 10 mio tokens into the network.

Anyone did that before? What is better hard cap token amount supply or our variant?

We pleased you for constructive answers!

Kind regards, Ivan L.

[1714647271]

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[1714647271]

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[1714647271]

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[batang_bitcoin]

Welcome then.
As far as I remember, many projects did that. There's sort of soft and hard cap and whichever comes first, they'll have an extension and sort of promos just to get more investors breaking the hard cap that they've set. What I think is important is the truthness of your project. Think of it if after 2 years if ICOs are still up to date by that time.

[semobo]

Hi to all,

I'm new on this forum, I read posts often, but I was not registered until today   . Never mind, I have or let's say we have (whole team) a question about ICO token supply.

We are preparing an ICO for two years now. It's serious project and we want to prepare it very good. But we have dilemma about tokens amount which we want to publish into the network.

We have calculated soft cap when the project will be successful (how much $ we need for project).

Now the question:
On every ICO soft cap and hard cap (max amount of tokens) is defined. What if we set hard cap in time limit and not in a token amount. Assuming the token price, for example is $ 0.10$, public sale for 3 months. If we collect for example 1 mio in ETH,BTC etc... we will then publish 10 mio tokens into the network.

Anyone did that before? What is better hard cap token amount supply or our variant?

We pleased you for constructive answers!

Kind regards, Ivan L.

Soft cap should be the value which you need for the future development of the project but hard cap is something about maximum token sale it could be the max supply of your token and also you need to have limited time for your public sale, you can close the public sale when the max supply or hard cap reached first no matter whatever it is.

[serjent05]

Now the question:
On every ICO soft cap and hard cap (max amount of tokens) is defined. What if we set hard cap in time limit and not in a token amount. Assuming the token price, for example is $ 0.10$, public sale for 3 months. If we collect for example 1 mio in ETH,BTC etc... we will then publish 10 mio tokens into the network.

Anyone did that before? What is better hard cap token amount supply or our variant?

I believe this kind of strategy is the same as unsold token burning.  Several ICO project has a condition that unsold token will be burn.  So they publish the amount of token first, conduct ICO campaign and burn all the unsold token.  

I also remember some ICO project that have the same token creation strategy as yours, I just can't remember the name of that cryptocurrency projects.  As of which one is better, I think it doesn't matter as long as you can collect the initial funds to kickstart your project.

[Tytanowy Janusz]

What is better hard cap token amount supply or our variant?

Basic investment data - how much for how big company share (%) (haven't you watch dragons den xd) You need to know if your 1000$ is 1% of project (developer is pricing his project for 100 000$) or 0.001%. Without that this is not investment. It is gambling. Even soft cap and had cap is something invented to cheat investors. It should be soft cap only.

Investor shoud do like that:

1- Learn about project.
2- read or estimate annual profit
3- get to kwno abot profit for investors (f.e dividend)
4- estimate the company's value
5- check how much is company worth (all tokens * price)
6- made decission based on risk/reward and price/worth

If you dont know how much tokens there are you are unable to do p.5. So you are gambling not investing.

[Indymoney]

What is better hard cap token amount supply or our variant?

Basic investment data - how much for how big company share (%) (haven't you watch dragons den xd) You need to know if your 1000$ is 1% of project (developer is pricing his project for 100 000$) or 0.001%. Without that this is not investment. It is gambling. Even soft cap and had cap is something invented to cheat investors. It should be soft cap only.

Investor shoud do like that:

1- Learn about project.
2- read or estimate annual profit
3- get to kwno abot profit for investors (f.e dividend)
4- estimate the company's value
5- check how much is company worth (all tokens * price)
6- made decission based on risk/reward and price/worth

If you dont know how much tokens there are you are unable to do p.5. So you are gambling not investing.

You are some quick as I was also going to post about this no one going to check these things what is softcap or hard cap you must work on your project and things you mention really matter in any project so OP need to work on these things if he want to launch his own project because this can help him for good result about his ICO.

[ivanlah]

Thanks everyone for reply I appreciate it .

However, before the debate goes in the wrong direction, I would like to say that we already have a project that has been operating on the market for 7 years. A lot of companies using it, the annual income is already around 50.000$ .
But we want to include block chain in that project, because we realy need some data which can not be changed or erased (project is now on mysql database).

We were thinking a lot, but almost all ICO's projects failed, especialy because there are too heigh fee's writing something on blockchain, especialy on ethereum based tokens. And noabody want to using it. To be quite honest, the current form of using blockchain is useless, firstly because of the heigh fees writing data to the blockchain, secondly because people do not understand blockchain and third because ICO's publishers has only idea not the working project. For ordinary people and ordinary using almost all solutions are too much complicated. There are some projects with new protocols and so on..., which are succesful mostly on Exchanges, but who realy using this solutions which was meant at first point? 95% projects is dedicated to itself. Except like I said for example BNB (coin for buying and selling other curencies) and some other coins. Two years ago was ICO BUM , but solutions on blockchain has not been finalized, because of too young tehnology.
But this is debate for a new topic. I just want to tell you our thinking which we have in mind on approaching to our project.

Soo, we will publish our own chain with some modifications, with 0 fees writing data on it, token selling and stacking. Don't ask how 0 fees is posible ;-) , it is, on the right way, new blockchain strategy and many years of brainstorming with right team. Everyone will have profit, those who will stake our tokens and those who will confirm our transactions. And of course also investors ;-) . Not to mention the novelty in our already working solution, this will be a great added value.
Development must go on.

With our project, we don’t want LAMBOS, but we want to write a success story and improve our already working solution.

Enought for now, I will post link in 2 months on official project. If interested, someone can also write me PM, I will notify you when ICO starts. I think there will be soon more topics and discusion about our solution on this forum.

I just want to ask about token selling strategy, because more people know more.

Thanks also for answers in advance, Ivan L.

[Tytanowy Janusz]

You dont need ICO to apply blockchain technology into your product. ICO is for collecting founds not for applying blockain into working product. If you have a working product that generates 50 000$ annual profit than think about ICO as stock exchange debut (but without regulations). You are collecting extra founds for your company but in exchange of something - shares, product discounts, etc. But make sure to choose good timing for your ICO. ICO-mania is over. If you are not DEFI with paid shill you will not get any attention now unless you will target real investors not lambo guys. Give them raw data. Your profit, your book value, profit for investors (f.e buybacks like binance do) and then give your price for your project (number of tokens * price) and let them calculate if its worth for them to invest or not.

And most ICO failed because they were scams that was made to collect founds and run away. Not because of high ETH fees.

[irixo10]

I have tend to forget a lot about ICOs owing to the way it played out, also I do not know how legit your project will be but wouldn't hurt to check if IEO will work out for your project. Nevertheless, to the best of my knowledge, about token amount, you can't predict the market or be certain that it will work out in your favour, such that if a certain amount is minted, it will be exhausted. Some projects mints a certain amount and after everything they might not be able to sell all, although they might reach their soft cap and sell towards their hard cap, but whichever it is, if the hard cap isn't achieved, token burn comes to play. Now with this token burn, the total token supply of that project will change. So, I would say, state the soft cap needed for the project to start, as well as the hard cap, state the team token amount as well as for promotions etc then calculate the token price based on the hard cap, in such a way that if the soft cap is met, the project can still start while token burn takes place to reduce the amount of tokens.

[Paycoinzzz]

On every ICO soft cap and hard cap (max amount of tokens) is defined. What if we set hard cap in time limit and not in a token amount. Assuming the token price, for example is $ 0.10$, public sale for 3 months. If we collect for example 1 mio in ETH,BTC etc... we will then publish 10 mio tokens into the network.

Anyone did that before? What is better hard cap token amount supply or our variant?

We pleased you for constructive answers!

Kind regards, Ivan L.

This hardcap setting has never been done by any project, but I don't think it will help your project gain investor confidence.  The investor is very important to the future plan of the project, and in raising capital you also leave it free, so it will not be trusted. Then, investors will think that you have no plan with the money you attract from investors.  Therefore, they will no longer be interested in your project.
P/s : This is just my personal opinion, hope it will help you understand more about investor psychology.

[maartenhaha]

I hope the projects you publish are honest projects with real products and trust, we are actually fed up with project scams but don't take it personally. There has never been a project that determines by time as a hardcap, all tokens are sold based on the number and duration of sales time, you can add sales periods if you don't reach the target.

[carter34]

I hope the projects you publish are honest projects with real products and trust, we are actually fed up with project scams but don't take it personally. There has never been a project that determines by time as a hardcap, all tokens are sold based on the number and duration of sales time, you can add sales periods if you don't reach the target.

Nice point raised by you friend. I also suggest he could write to any trusted bounty manager to help and guide them well if they have a sincere and committed project. Two years is a lot of time, you need to have a good plan and how to execute it.

[jacafbiz]

I doubt you guys are serious about raising money from the space, if you can't come up with a good tokenmetrics for your project at this stage of Cryptoshere then you don't know what you want. No matter the amount of tokens allocated for token sale, the market will decide what they whole project worth, if you have 1 billion tokens the market can say the whole project is valued at $100k

[ivanlah]

I doubt you guys are serious about raising money from the space, if you can't come up with a good tokenmetrics for your project at this stage of Cryptoshere then you don't know what you want. No matter the amount of tokens allocated for token sale, the market will decide what they whole project worth, if you have 1 billion tokens the market can say the whole project is valued at $100k

Nothing to doubt about our project. We are in buisness for 10 years, but we are not into a blockchain development. Two years ago when we started we had no knowledge how to write something on blockchain. Now we have a lot.

I'm just asking comunity simple question .

You dont need ICO to apply blockchain technology into your product. ICO is for collecting founds not for applying blockain into working product. If you have a working product that generates 50 000$ annual profit than think about ICO as stock exchange debut (but without regulations). You are collecting extra founds for your company but in exchange of something - shares, product discounts, etc. But make sure to choose good timing for your ICO. ICO-mania is over. If you are not DEFI with paid shill you will not get any attention now unless you will target real investors not lambo guys. Give them raw data. Your profit, your book value, profit for investors (f.e buybacks like binance do) and then give your price for your project (number of tokens * price) and let them calculate if its worth for them to invest or not.

1. You are totally wrong. We are collecting funds for development. As we know blockchain developers are very expensive.
2. We are targeting real invsetors not LAMBO guys, it's for serious project not moon idea or scam.
3. We will give raw data to everyone, public.

Any private question you can also send me on PM.

Kind reagrads, Ivan L.