Post
Topic
Board Altcoin Discussion
Re: What does long sale periods say about the ICO?
by
askmecrypto
on 17/08/2018, 06:22:28 UTC
There's some ICO which announce crowd sale that lasted longer than others. What does it signify?

Following that question, would you consider the duration of the different stages of an ICO sale? (e.g. a long angel round, or a pre-ICO sale that is very short)

Does it make a difference to you?

UPDATE: From the answers so far, many sees it as a case of the ICO team extending the duration of sale. But "extension" is not the only scenario that can happen.

Here are two examples:
1. An ICO ABCD at first announce a sale lasting X days. But when it gets close to the start of the sale, they extend the duration of the sale.
2. An ICO WXYZ announce their sale, and it is a long period (e.g. maybe 1.5 times longer than normal main sale period?)

So if you see these two ICOs, what would you think?


(EDIT: After reading some responses, I edited/updated this post to clarify and present a clearer case.)


There could be multiple reasons for extension of an existing defined sale date:

1. Project makers are considering market is not good to have a sale and they may loose potential investors
2. Legal reasons, they are not fully compliant and ready to start the sale and they are waiting for updates from there lawyers.
3. Other internal issue like team management, re-organization, re-structuring.

For the second example:
It is well known fact that there are ICOs which want to raise a big amount of money for there project and they are expecting that the project will take longer period of time then other ICOs to raise the funds they require, so they make the ICO sale for a long period of time.

For both the cases, these are not the factors for considering if the project is good or bad.