Post
Topic
Board Tokens (Altcoins)
Re: [ANN] [ICO] Gimli - eSports Betting Platform for Streamers - ICO LIVE
by
viramarket
on 11/10/2017, 14:18:37 UTC
Any news? Why ICO raised so small at the moment?

Small? $1.6mil raised is small for you?

it's less than I expected also, I personnaly didn't invest because I don't do gamble games but only forecasted on Wings. Lets see if there is a big investing income at the end of ICO sometimes it happens like this. Gl anyway

I also shocked to see this result this is little low this project is really huge but this ICO going on. I hope so in last moment we will see big investment will come it will raise enough amount to working on this project.
What they raised is enough to create the platform...When they will launch the product, it will be viral

I think they collected very good amount considering they have a shitty website and seems to be better competitors. Many startups begin work with 100k usd at most. 1.5m is more than enough to build a platform.
In the crypto world, people judge a project based on the amount they raised. However, the amount raised does not reflect quality of a project but mostly the marketing campaign...In few months you will see, valuation of big ICO going down and "small ICO" (like gimli) will skyrocket. Best advice I can give: Read the project and not only the amount written in the "token sale" page of their website. 
I agree with you,but still very further development depends on the team and its aspirations.Given the fact that after you create the platform they need to promote it accordingly plays an important role proper marketing,judging by how they promote the ICO ,the probability of successful implementation in practice are very low estimated.