That's bad news. We expect ICO to make hardcap in first few days, the more ICO phase the worse the situation goes for previous examples. I hope this won't affect the money raised for GUTS.
Hi oturanbilboa! While hitting the hard cap in a few days would be great I wouldn't expect as default it or be really disappointed when this doesn't happen within the first few days of the sale.
The point you should understand is that the GUTS proposition is quite solid and we already have an operational ticketing business which already guarantees token usage and thus a solid token evaluation. We have really solid proposition/proven use case with a guaranteed exchange rate mechanism which will act as a price bottom on exchanges(0.50). Long story short (I'll do a blog on this) - the way we see it is that our token and the mechanism of the protocol (so recycling and burning per event cycle) will guarantee a sustainable value utility/value. As we have hit our soft-cap we already have funds to build the protocol, more funds will only give us the possibility to build it quicker and do more marketing/acquisition.
The only thing you'll have to trust us on is if we'll do ticketing on the protocol, and the great thing is. We are already doing that. Check out the events we have plannend here:
https://events.guts.tickets/events.