Post
Topic
Board Tokens (Altcoins)
Re: 🔥🔥🔥 [ANN][ICO] BITFENCE - REMOVE HACKERS FROM YOUR NETWORK
by
jamzzz123
on 17/05/2018, 06:57:12 UTC
Quote

The Hardcap is $50.000.000, the 2000 ETH are the goal for Stage 1. They have set goals for each stage, which amounts to 5, 10, 20 and 35 million

I was first confused about the hardcap, and the stage where we were in. Because the goal was low in stage 1, and that was not the hardcap. Later on i read that there were more stages xD.

Otherwise would be a very low hard cap of 2000 ETH, cant imagine an ICO to achieve what BitFence has planned in their roadmap with that hard cap

Approx 48%(929+)ETH they raised yet. Bonus also reduced to 19%. This is final steps of bitfence sale? Or after stage we will see any another sale/steps?

I believe we are in the current stage of 2000 ETH cap, there will be more stages with reduced cap sizes
Exactly what is the last date of ICO? After this stage what will be their next process and cap limit or target? Do anyone have that idea?

The last day of the TGE is the 1st of July. As said, the hardcap is a stretched goal. "with staged goals of 5, 10, 20 and 35 million" . So after the 2000ETH is reached, the next goal is 5000ETH.
Quote

Don't you think there is huge distances between softcap and hardcap? And I don't understand why there are multiple stages before hardcap

Well it's always good to set a softcap which is actually realistic so the project can go ahead regardless of hardcap. There are multiple stages to reduce the bonus infrastructure over a periodf time resulting in tokens sold at alater stage of the ICO will recieve less tokens for more money