Lack of funder confidence : The crowdfunding industry is largely unregulated worldwide and is fraught with mismanagement of funds and false campaigns.
I totally agree on the trust issue of the funder or investors because most of the fast ICO are mostly scans and fraud.
Yes most of the crowdfunding industry is unregulated which result to mismanagement of funds and false campaign. Arizn solve this problem through transparency,liquidity and accountability which are the core principle of Arizn.
Arizn and its team have big confident on their project.
they dont ask for more, they just set the soft cap at 2 million USD only,
therefore this PRE-ICO and future ICO is nothing but additional funds.
They are set to launch with just private pre-sale.
What they want is the people to participate and have the opportunity to earn.
Management of fund may be the main focus on this project If it will be run on the market.
This is the main reason why project didnt succeed at all. Must have a feature for them to see what will be funded or not, quality of auditing I mean.