Does the team has a back up plan if they cant hit or reach the target amount needed to start and produce the application? I saw some project that conduct an ICO and hit just the soft cap and failed to reach the hard cap.
I am sure that before they decided to do enter to a blockchain they carefully study all the possibilities that can happen and confident that this project will work. They make sure that the plan will work as they wanted to be.
Well majority of ICOs entered blockchain to come up to have investors who will believe and trust the projecf.
Yes, I understand that Ico entered blockchain to attract more investors and making funds that can help them to create and build their application. What Im asking is that "what if" the team failed to collect enough funds to ICO ? Does the team still continue making it? Or do they extend their ICO a little longer?
Well as far as I know if the ICO of one project failed to collect enough funds then the team always decide to not continue doing their product. If in the ico the project failed then its enough evidence that the project or application has no potential to compete to the market.
If the ICo fails and the devs collect some funds I guess the decision is still on their side whether to continue it or not. And also before going to Blockchain and conducting ICO I guess they first talk to some private investors so they have a support it whatever happen to their ICO.
Always think positive the project still conducting an ICo to get more investors and I believe their platform is easy to understand nowadays cryptocurrency is popular all over the world so many individuals want to be part of it.
Wallet service is very in demand , there are many project that focus in giving a good wallet service. And Era swap is one of them, they really serious giving us a good and worthy wallet without any threat from hackers. Hopefully the become successful to that campaign. Eliminating hackers and the threat to stealing of accounts.
Because of the indemand wallet service some company chose to make a project that is related and can give a good wallet service for all . Thats is why we need to become choosy , and I really like this Era swap project. I think this will have a good application that serve the people who badly need a secured wallet.