we do not have a specific target. We only have a limit set. So for example if only 10% of the limit get filled, then all existent ceal-tokens are divided upon the supporters (of this 10%).
Thanks for the response ca333, and sorry for my own delayed acknowledgment. I suppose the main reason I asked this (as a newbie somewhat in crypto development anyway) is that I understood that the initial crowdfund was for release to the developer team. Do the developers not have a specific funding target or minimum needed? Surely they have costs that need to be met. Is there no theoretical minimum for the project to succeed?
Or have I misunderstood this concept of funding completely? =)
I do see a few questions above on the possibility of relaunch or refund so I suppose that does partially answer the question of what happens if not enough is raised. But any other insight you can share is much appreciated.
Thanks in advance for all your help.