Post
Topic
Board Tokens (Altcoins)
Re: 🌟🌟🚀 [ANN] CRYPTOFLIX 🌟🌟🚀 Watch Movies. Fund Films. Get Cryptos. Repeat.
by
crazyfrog01
on 27/05/2018, 13:14:27 UTC
I also think that 3000 eth of soft cap is a reasonable amount. It’s not that big and I think it will be enough to start the development of the project. I think that cryptoflix team should give more visibility of the amount raised, maybe a counter, sometime it even motivate investors, cause they can be afraid without the visibility of amount raised.
3000 Eth is a really easy target for this project, it's less than 2 million $ at the current Ethereum value. I've seen way worse projects that have raised bigger amounts of money, even over 10 million $. So this project deserves to reach higher values.

It's not a big amount comparing with another projects but taking into account the curent market situation it's not going to be that easy to reach.

I think a big part of last year's ICO success was ICO flippers who put in a lot of money but instantly sold afterwards for at least x2. This kind of volume is now missing in this bear market. All the speculators don't want to risk holding tokens for long.

Yep, I think so too. Also I have the feeling that it get's harder and harder in general to raise good amounts of money with ICOs as the market itself is full with them.