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Board Beginners & Help
Re: How do caps influence the bounty hunters?
by
Byzantium101
on 01/10/2018, 12:22:58 UTC

a) they do not specify any soft cap
...
Does this make sense or am I getting something totally wrong?


You don´t need to read any further. Any project that does not specify a soft cap is saying that they will proceed with the project with any amount the get. It is a clear sign of money-grabbing.

Why?

- The accept any money, but all projects require a minimum to stand a chance of success.

or...

- They already have money to do  the project, in which case, they are just trying to make easy additional cash with your investment.

So, there is a good reason why there is a softcap in projects. Besides that, the hard cap should very rarely be more than twice the soft cap, because there is also a limit in the efficient use of money.