To all crypto enthusiast, I know some of us have asked questions to certain projects about Hardcap and softcap figures respectively, unfortunately, many projects chose to have only hardcap that may not be realistic even given the longest period of ICO/IEO time frame.
Now, I have been on a project that has no softcap but they have found it extremely difficult to meet the project hadcap on IEO sales. Obviously, there are no green lights from investors purchasing all planned token on the current IEO sales, do you think the amount realized at the end of the long periods of token sale without hitting their planned capital can be considered as the Hardcap, or softcap?
Example, company "A" Hardcap was pegged at $8k and the sales ended up at $5k, can I say the $5k is the Hardcap or an immediate softcap, because they could not meet $8k cap for the project? Your thoughts,