Post
Topic
Board Tokens (Altcoins)
Re: [ANN][TGE] Jarvis - Hybrid exchange | Decentralized hub | Token with revenue
by
lobat999
on 10/12/2018, 15:22:50 UTC
this according to me is a good news do not have a soft cap and still continue the project regardless of the funds raised is the best choice with this bear market...

That's right. But it's also true why a soft cap is needed at all. Namely, in case of a failed ICO, to return the money to investors. If a soft cap is missing, there can be two reasons for this. Developers have enough money for development. Or developers just want to collect at least some money. In the second case, the prospects of the project are uncertain. Which of the options is the place to be here we will learn over time.

I guess I'm more inclined to appreciate more on projects that have a small softcap but have the determination to proceed despite of financial constraints.  I'm sure most of us know a successful company that started from very humble beginnings.