super news!! I love when a team is confident in raising a smaller amount, for many reasons really, but it also means that to get the multiplier I am after, it doesnt need to increase to the same market cap as I thought. Keep up the fine work, bet it sells out in no time!! x
Someone who sees the value in raising less money
I think the same way as there is more upside potential for investors as long as they have enough money to still scale the business.good to know that they are not just trying to rake in as much cash as possible
Absolutely and also a lot of the ICOs that raised around $30 million during the last 6 or so months, hardly any of those projects could retain the ICO price. There is so much downside potential if you start out with a large market cap.