Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] 🌟🌟 Datum - Unlock the Bln $$ Data Economy - ICO 17th October - 🌟🌟
by
Sozialtourist
on 07/10/2017, 15:53:45 UTC
Why there is a very big gap between the soft cap and the hard cap?

Soft cap 5,000 ETH
Hard cap 153,000 ETH

More than 30x.

the soft cap needed to be reached in order to develop and advertise the coin a little more leading up to the ICO. The hard cap doesn't need to be reached, they're just aiming for that amount as a best case scenario.

I know their meaning.

But my question was if you can conduct your business with 5.000 eth, i can understand that you can do some additions with extra eth. But extra 148.000 eth?

I wonder what will change with that 148.000eth ?

I had the same thought. Maybe you could explain the steps or the possibilities between 5000 and 148000.. despite of that, good to know that you are able to start with 5000 ETH, especial in this hard time for ICOs

Maybe it's just an mandatory hard cap and they will have a hidden cap or something like that?

Well hard caps are often set to an unrealistic height but I agree that it would be interesting to hear what they are planing with that amount of money. Sometimes I'd love to have a list of plans an ICO project has depending on the amount of ETH they raise. So that one can easily see for what they use which part of the money.