Is it necessary for an ICO to have soft-cap or does it show a sign of weakness and missing confidence?
I think it is necessary because it can give an idea about how the sales is going and if they can't reach even the market cap they will stop their projects that is why they are having it.
Yes, soft cap is necessary also i think. Because without soft cap or hard cap we don't about fundings but you believe that majority of the projects showing fake raise amount in the project website. Its very horrible business strategy i think. A lot of people very concern with soft cap when it's big amount when they excited to invest which is absolutely wrong parchaption.