This seems like a ambitious and expensive project.In case you dont reach hard cap wil you have enough to go on with the project?
If the hard cap is hit they will have funding from the ICO to get through all of the engineering, prototypes and likely construction of the first platform. They will have the reserves from there to pay for further building. This gives Blue Frontiers more control over the experiment of the pilot project which makes it easier overall for Blue Frontiers moving forward after that.
If only the soft cap is hit they will be able to fund most of the engineering and prototyping but money will be tight and they may need to burn through some reserves and instead of owning the pilot platforms they will likely have to do pre-sales to other companies/groups/rich individuals. That will make it a bit more difficult but still do-able. But with the soft cap there will be more reserves.
Sort of like the difference of having a car company where you build one car at a time and sell it to get money for the next car, or having a manufacturing plant where you can mass produce a bunch.
Anywhere in between is just varying degrees between the two.
