It is interesting that there is no soft cap. On the one hand, this is good, but why do you then raise funds if you already start your project?
It is very simple. The sum is necessary for example to raise safety of work with a platform. But it is better to answer only administrators
I think if they didnt hit the hardcap they wont resume with the project so lets all cross our fingers that they succeed on thier ico.
We don´t have the soft cap because we will start our exchange in any case. For sure we would like to raise our funds, but we have enough investments to start the project. It´s not necessary for us to achieve the hard cap to start the exchange
sorry but I can not catch you. If you already have enough funds to develope and start your project, why do you need an ICO? This is also interesting that you do not have softcap, so that everything whay you raise in funds, you do not need to give it back ... for me this is a red flag.