Why time token is so expensive? ETH was 0.0005 btc for ICO price, they raised 30000 btc, time is too expensive, I doubt the project will raise 500 btc or more. One more question, if fund is less than 500, so you will consider the ico aborted and refund investors?
About the price they may believe that the token will have a high value in accordance with its function
About ICO 500BTC not difficult I even predict the funds raised over 1000 BTC
And refunds will be made if the ICO failed as where they provide escrow in thread.
even with a few ico's rasing big amounts I think its still hard to raise even 500 btc. Unless of course you have investors lined up but if your launching a new product and dont have the investors lined up then it becomes much harder to hit high amounts.
I hope it hits the goal and I'll be watching as the count down timer runs out and pulling the trigger close to the end if it looks like the goal will be met.