Post
Topic
Board Altcoin Discussion
Re: Good projects/hard to reach softcap
by
Bitfling
on 17/11/2019, 11:55:32 UTC
Few good projects i have seen are having hard time to gather funds, they are still far behind to reaching their target softcap
1. Bitwings
2. EZ365

What do you have in mind about these two project? they are good enough to give a try for me, what do you say?

I can say that our project's founders have invested into about a year of development before even starting our token sale. It is true that the crypto startup space isn't generating as much investment as in the past, but we believe market sentiment has a lot to do with that. Even if we don't hit our softcap target, our project will still be moving forward, however it may mean we won't be able to have as many developers staffed at once. EZ Exchange will be launching in January regardless and we are working on partnerships with strong projects to list. We believe that we are likely to see a lot more investment into the token sale once the actual exchange is released and people will actually be able to use our exchange and see exactly what sets it apart from all the other slew of exchanges out there. We extended our token sale so that there would be overlap in which the exchange is released before the token sale ends. There is a huge lack of trust in the space atm too with a lot of scam projects, but we are to be delivering on phase 1 of our project before the token sale ends, and we will be planning a lot more marketing efforts at that point.

We believe having a viable product in which user's can see the result of our last year and a half's efforts will help to build trust significantly in our project's long-term outlook.

Many projects have problems in raising funds at this time. The number of scam projects that took place some time ago affected a good new project but I think it's good if the developer team has been working on this project for more than a year and will continue to run even though sales targets have not been reached.
I think if on the way the developer team is able to present a good product, investors will be interested by themselves.