Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] «Envion» Most Profitable Self-Expanding Crypto Infrastructure
by
ceaa
on 16/12/2017, 21:19:20 UTC
150 million is really big hard cap. And I think team of this project will haven't been raising the hard cap ahead of schedule.


Yes it seems far away, but don't underestimate the CEO Matthias Woestmann and its Team. There might come big news during the ICO.


Matthias himself in an interview expected to raise between 10-60m. They never expected to hit the hard cap. But this is a SCALABLE project which benefits with more economies of SCALE. So it behooves them to have a high hard cap, even if they cannot reach it. This is much unlike other ICO projects, where the team have to cut back on projects if they don't hit the hard cap.

Apologies if I misinterpreted the last line in your post. Are you suggesting that if the hard cap is not met, then the Envion team will need to cut back on their projects. Just want to clarify.

I'm suggesting just the opposite. Because this project is NOT like a normal ICO, where reaching the hard cap is needed to fully fund all the planned projects, Envion can buy more MMUs with more money raised, but whether they end up buying 50 MMUs or 150 MMUs, it does not impact whether the project can move forward.