how much money do they need to start with the project? whats the soft cap overall? anyone know?
Soft cap 8000 ETH, it seems real, but about hard cap - I'm not sure what it's can be really achieve at this time: Hard cap 259000 ETH
That huge hard cap is ways too much for this project. I think it will be even hard to achieve soft cap. It's harder now to raise funds than it was a few months back.
They probably need much harder advertising to gain what they want (especially hardcap). However, in reality, the project is worth of collecting at least its softcap.
I really don't know what's happening here, to be honest. I do think it's a worthy project, but I've never seen such a low amount collected, especially in the first couple of days, with 40% bonus.
Please note that the first 100 participants are guaranteed an additional 10% bonus..... I think all the problems are related to the fall in the rate last week...