There's something called softcap and hardcap, what's that actually? Are they related to ICO's?
I think it is the minimum fund target and maximum fund target. When soft cap reached the project can still continue but it will be much better if they reached themax for it fully development of the project.
Yeah , This is a type of crowd funding as an investment . In the current time ICOs meaning is to collect money by selling Thier tocken .
Currently most of the people are making the coins and selling the tocken before launching the coin , so in this way without development they are selling Thier coins .
Most of the ICOs are not much profitable , so it will be more better that first make lots of analysis before invest in such types of project .
Currently many exchanges are supporting to help ICOs investment and ICOs are now like to making trading ( buy and sell and down and up in the price , I seen usually this thing in the yobit.net ) .