Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO][IC] INGOT COIN - BRIDGING MARKETS – AN ALL INCLUSIVE ECOSYSTEM
by
dewanaga
on 18/10/2018, 04:42:59 UTC
what are the sales results obtained at this time and whether the desired target has been reached here, I'm sure all teams will always do their best to succeed ingot projects.
Ingot team successfully exceeded the soft cap of $37,000,000 USD. Funds raised for the project totaled $40,000,000 from over 7,000 investors worldwide. More details can be found in the blog of the project https://medium.com/@khawanks/ingot-coins-initial-coin-offering-concludes-513610800910

It's great result considering current situation on market. As I see only really cool projects could collect big amount at this time.
A good project or not we will see only after entering to exchange. Now is a difficult time for ico and I do not believe in the word that they write in the announcements about raised funds
The team raised amount $40m a month ago if Im not mistaken they extended the ico till October and still the raised funds is the same amount? Does this mean no investment from the the time ico extended?
This is the latest information that the developers gave in their blog on medium. The article was written on October 10

This cause me to not trust what they announced about that 40 million dollar. That seems to be unreal. I don't believe that.
Time will tell. Let's see how the price of the token will behave on the exchange. If the collected funds are inflated, we will see a very big drop. But I hope that everything will be fine
The results of the INGOT ICO are satisfying, especially since they have a large softcap of $ 37 million and they have exceeded it, but what we worry about later is the INGOT token condition in the market, it is usual for a dump to occur, but can INGOT Tokens be at the ICO price level?