Post
Topic
Board Altcoin Discussion
Re: "Unfortunately, we did not reach our SoftCap"
by
Oilacris
on 23/05/2018, 21:24:36 UTC
Hello everyone, I'm following the bounty campaign of DigitizeCoin through www.bountyhive.io, this campaign is about to end and when I go to do my work I find this message on the official Twitter account:

"Dear Digitizers, We are happy to see so much support for our project.
Unfortunately, we had only raised 150ETH and did not reach our SoftCap.
All contributors will be refunded. We will be sending out details on how to refund your contributions shortly.
Regards, Team Digitize."

I think many have gone through this situation, this happens recurrently with the bounties campaigns? With which managers? What advice can you provide?
This do really happen.If you do try to look out on how many ICO is being launched on everyday basis then not all would really have the chance to succeed yet investors would really be divided out and also one of the factors that will make a funding failed is do lack of marketing or doesnt give any interest into investors on whats the project all about.If its just a common project with common goal and innovation then high chances it wont really gain any support.