Hey all,Currently working with someone on an ICO and they were talking about where they should set their Hard Cap.Now personally, having had some experience with other companies vis-a-vis equity investment, I was of the mind to keep the raise low, literally to what is needed eg 1.5M, as it would limit the token's supply, so when there is a demand for it, the value can increase dramatically.Others have said a low token sale raise puts off Private Placement Token Buyers, as they would like to see large token coinsales.What are your thoughts?FYI: In this case the company issuing the ICO already exists, has a an existing client base, and the Token Sale is being made to re-dev product so it can scale.#ICO #CoinSale #PrivatePlacement #ICOadvice #Crypto #Tokens #TokenRaise via /r/icocrypto https://ift.tt/2N53rCp
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