They have nearly reached half of there presale-goal. any idea what they will do, if they don't reach their goal?
Normally there is a softcap that you can also reach in public sale, maybe they mean with their presale goal the softcap?
To me, I don't think the pre-sales have much effect on the main sales thus hitting a target or not, shouldn't matter. As a matter of fact, I don't think it is supposed to have a cap in the first place
Well if you look at their whitepaper, they have annoyingly set the softcap in USD, $1,000,000 to be precise.
However if you look at the presale hardcap, it shows 500 ETH.
Therefore you need to convert the ETH into $ to work out what the presale hardcap is, if you look at ETH at its current price, the presale hardcap is 500 eth = $298,724.51.
So the presale hard cap at the moment is about 30% of the overall softcap.
Hope I have explained that correctly, please let me know if there are any errors.
Yea. You have done a good job to it. It's clear now. But I will want to ask, just for the knowledge of it, in what currency is it best to set hard cap?? In usd or eth??