It seems that you've done some research, could you please share more on it? Thanks in advance.
I am also doing my research and will of course share my finding, if any.
I'm currenlty doing some research to the Team Member of Adex, Let's share together on our findings regaridng this campaign. Let's do some collaboration, but base on my initial findings, This project is trusted and have a good objective that's why I've decided to join on their bounty campaign.
The outcome of research from my side is quite the same.
Hard cap is only 40,000.00 ETH and I didn't see any indication of ceiling. Max supply is just 100,000,000.00 ADX, very decent indeed.
In my opinion, the hard cap shall be reached with hours, frankly say, few hours. Maybe the nightmare during SNT ICO will happen again.
Good prediction - it will be interesting to see if they do hard cap in a few hours...hopefully no congested ethereum network blues...