Soft cap 5,000,000 USD
Hard cap 25,000,000 USD
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5 Million a large sum, what will happen if during ICO project fails to raise 5 million? and I also want to know what you plan to do with unsold tokens?
In the current economy 5 million is a little too much to ask for a soft cap i think. I guess they will see how the private sale goes and then maybe reconsider about their soft cap.
For a utility token, you are right. But they are offering dividends which is more valuable than utility tokens so 5m $ is something not extreme to ask.