I think communication plays a big role in E-commerce projects, i have also participated in their AMA's and i learned a lot of new things, They should be able to reach their hardcap very easily.
In private sale they received 1.65 Million USD till now, still 27 days for pre-sales to start. I also believe that they will reach the hardcap in all three stages.
oh wow, so it was still 650k taken, in addition to the million of the major investor. Now not much is missing on the softcap, I like that.
And I can well imagine Alibaba starting with a small investment
Im still quite surprised that Vanig hasnt achieved its private sale soft cap yet. Hopefully they can get a few more investments before the next stage.
Look at
their official site, it's written there: "Private Sale Hardcap: $2M"
In whitepaper, there is no info about private sale sof cap, only about the whole token sale soft cap, it is $2M.
As I understand private sale has no soft cap, only hard cap $2M, and the same amount is the soft cap of the whole ICO. So Vanig almost achieved soft cap of the whole ICO even not starting public sale, not bad, eh?
I agree with you they will start the public sale with the softcap already achieved, and that will attract more and more investors to easily reach their hardcap.