Post
Topic
Board Tokens (Altcoins)
Re: [ANN][PRE-ICO] SETHER - Social Nework integration for smart contract developers
by
Dodoymabs
on 07/01/2018, 14:34:18 UTC
The project aimed at working with social networks looks good, but a big hard cup scares me off and I'm sure other investors too. Projects with small capitalization shoot much better.

The hard cap doesn't mean anything, it's not a goal to reach it with this ETH price, there's no soft cap, the startup is funded. The higher raised amount "only" means faster growth for the project. If nothing spectacular happens then it won't be very high market cap cause it will be relatively low max supply.

I see, but hard cap really matters because this will be the measuring point to know if the ico is successful. But reaching the soft cap or more will still make the project continue to run.
I totally agree with about the hard cap because it really a big matters about the project. This is the time wether to continue the project or not. Softcap is not necessarily needed because as what they mentioned the start up is already funded and this is a good thing to know to show that it is really a serious project.