RE: Publica.io ICO Review - Is the Dollar Cap the Best Indicator of Success?

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Publica.io ICO Review - Is the Dollar Cap the Best Indicator of Success?

in cryptocurrency •  7 years ago  (edited)

Publica ICO is very strange, I've been watching it for weeks... it collected around 220 k USD on the first day. Then it barely moved to touch some 260 k in weeks. It made me real sorry because I really liked the project and believed they just had bad timing (S2X fail and all the turmoil afterwards, then ETH Parity multisig bug, combined with ICO fatigue on the market). To make matters worse they were advertising the ICO heavily all the time and I couldn't avoid seeing their fail even if I wanted to. Now all of a sudden they hit the soft cap. I wonder how? Did they find a corporate investor, or some other creative way just to stay afloat. I mean don't get me wrong I would really like that project to succeed but I would also like to understand what stimulated the market to invest in project it ignored for so long? That being said I believe this project really deserves more then one million, especially when you consider all the money people flushed down the toilet when investing in Tezos and some other ICOs for projects that will never see the light of day.

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They changed the token metrics which made them more apealing to investors

Ahhh ok, thx bro, I knew there was some piece of info I was missing.