ICO is not a guarantee that the project will be successful, because most ICO projects are still limited to concepts and do not have clear references,
but projects that don't make ICO or premine are usually serious and good projects.
and I also agree on this, what about your opinion?
I agree that if the target is hardcap, there is no guarantee that the price will rise and will be profitable investment. In the early period of 2018, many projects reached the hardcap target with a value of more than $ 30 million but now, the market cap value is not more than $ 1 million.
who can succeed in an ICO is not only hardcap income, but the developments made after the ICO process, in my opinion the ICO is the beginning of the development of a coin in the market, and hardcap is the initial target for these developments but what keeps coins alive is the continued development in do the developer of the coin which makes people believe that the coins they have the potential to be invested or used by community