These soft caps are way too high. Most can be done for around half a million dollars. It is just greed that requires them to request millions in unnecessary funding most of which won't go anywhere near it
When the project has large discrepancies in the amounts between Soft and Hard, this makes me very suspicious. Recently saw the project Soft 1m $, Hard 45m.
Yes, I agree that there should not be much difference between Soft and Hard. I believe that the existence of Soft is possible, but this is a kind of reinsurance of the creators of the project.