Welcome back guys! It has been a while from my last article here on steemit. To be honest I bumped into Medium.com and I must say that I love the platform and the way one can write the articles so for you who support me and are interested in my articles, I enclose my Medium link where you can find my opinions about Crypto as I used to write here! https://medium.com/@michalvlask
As the title at the beginning of the article helps I want to write about Signals.Network project and ICO - https://signals.network/join/1376C9 Czech platform that aims to change the way we trade cryptocurrencies once and forever. Since I want to speak more about reaching presale's hard cap and upgoing ICO, I recommend you to check my previous article if you don't know what Signals is about - https://medium.com/@michalvlask/signals-network-review-fa2b20a6b54c
Presale hard cap reached really quickly
I am very proud to inform you that the presale's hard cap has been achieved 9.12. 2017 and it happened very quickly within several days. The hard cap was set for 1364 ETH that was approximatelly $500 000 at the day the eth price was fixed. If you watch crypto market regularly you must have noticed that ETH has risen a lot in past several weeks and days so that means that Signals team has raised more than $500 000 but it is just a note that is not as important as the fact that the targeted amount of 1364ETH was reached!
We can currently see so many ICOs (pre-ico and presale included) ongoing in the market and it is really tough and difficult for the projects to raise funds needed to launch their project and cross sometimes at least the soft cap. Signals hasnt crossed the soft cap that is set for $2 000 000 yet but it is only because the presale didnt allow it. I am pretty sure that Signals.Network platform will be successful not only in the ICO but after that as well and I have several reasons for that.
First of all is a fact that the team communicates very well all across the social media - facebook, telegram, twitter and so on. Daily updates, daily news. Team members answer people's questions personally on telegram and it deserves big UP in my opinion. Just to compare with another project and ICO. I invested into Tezos (I am sure you heard about the company) and the team didnt communicate. Didn't even set up a telegram group or another where the community could discuss the project together or ask questions online. What more the situation hasnt changed since the ico ended and I don't think it will ever change. It was and still is a big disappointment for me how the team has reacted and hence I truly appreciate the Signals team what they have been doing so far. I am convinced the communication is one of the reasons the presale was sold out so quickly!
Another reason why I think Signals has bright future ahead is that the idea of platform for trading bots is completely revolutionary and unique. We all know that trading bots already exist and can (or not) help you to trade automatically without your needed action and make you possibly huge profits. But tell me honestly if you know non shady or dark web where you could buy these bots. I always wanted to buy one and my friends too but we have never done it. Why? Because shady sides are shady sites and without any garancy or reviews I couldnt buy the bot with a peace in mind. The Signals platform beats this space and introduce a transparent and solid solution to this problem. So that's why I think the platform can easily become highly adopted and used by most of crypto traders.
ICO to be Announced soon
The ICO will take place in January - February and will last 6 weeks or when the hard cap of $24 500 000 is reached ( so the total hard cap is $25mil USD). The price will be $0.36/SGN.
Since we - ICO specialists know how hard is to raise $10m or even $15m during the ICO I dont want to make any prediciton whether Signals can reach the hard cap or not. The only thing I will say is that I am sure the soft cap will be reached and Signals platform will become reality!
Another thing that is worth mentioning is that all unsold tokens will be burnt! We all know what coin burning did with Flik, EMC2, Alis and so on. It means that if the hard cap is not reached I am sure the price will skyrocket as soon as the team announces the burn!
Stay tuned, follow my channel and check out Signals :) https://signals.network/join/1376C9
Main Page - https://signals.network/join/1376C9
Telegram - https://t.me/signals_network
Facebook - https://www.facebook.com/signals.network/