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Success Criterias for ICO Analyzes

These are criterias of successful ICOs for our is reports.

An ICO is considered successful if the following conditions are met:

  • The soft cap is reached.
  • More than 50% of the target or hard cap is collected.

An ICO is considered a failure if at least one of these conditions are met:

  • The soft cap is not reached.
  • Less than 50% of the target or hard cap is collected.
  • No information on the project status or funds raised is available, the official website has been deleted, and/or the official Bitcointalk thread has been cleared.

If the soft cap, target, and hard cap are not stated, our experts will analyze the project and make sure the funds raised are sufficient to implement the business idea. Thus, if a company has collected the necessary funds to implement its roadmap, we deem it a success. If not, it is considered unsuccessful.

These terms are the key metrics in our reports:

  • “Soft cap” is the minimum amount required by the project.
  • “Target” is the funding goal as stated by the project’s team.
  • If a target is not stated, then we use the “hard cap,” which is the maximum amount the project hopes to achieve or the technical limit of the crowdsale.
  • The ICO market size covered in this report should not be considered the overall money flow coming into the crypto market from fiat, as there is still speculation surrounding tokens. We are simply exposing the willingness of crypto holders to participate in new projects with BTC, ETH, and fiat currencies.