Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] ALGORY - Multifunctional Tools For Cryptocurrency Traders
by
lvsca
on 21/11/2017, 19:26:49 UTC
They're trying to raise 100,000 Eth, that's a lot of money for a small startup. I also read 65% will be used for developing the system. I don't know much about building software, is this a normal amount?

100,000 this is hard cap? What is soft cap? 35 mln $ is too much I think. Up to 10 mln $ - is a good amount for such prject.
Well, high-quality programming is not cheap, I think for the implementation of this great idea - is normal budget

i don't think so, their road map shows they will developed all their project in 2018, one by one.
so, the budget 100k ETH is to much, cause they can sell their project in Q2 2018 with one feature, so they can continue developed it.