Post
Topic
Board Tokens (Altcoins)
Re: 💥🚀[ANN][ICO] INS ECOSYSTEM - Connecting Consumers and Grocery Manufacturers 🚀
by
loty1825
on 12/12/2017, 05:20:57 UTC
This ico raised too much ETH.I dont think it is good ico to invest!!!

How come raising too much ETH make this a not good ICO?

If ICO has too high hard cap (like $100 million+), so anyone interested can already buy on ICO, there's less chance there will be demand for the token on exchanges. But that's usually not the case with sub $30 million hard cap ICO's.

INS has sub $30 million hard cap. And I think it's very reasonable for such a vast project. With such a low hard cap for such a project, there' no way they could collect too much ETH.