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In this context, it also limit on the number of team could receive fewer funds. A capped ICO also creates cap could indicate a lack rounds to collect the funds project devs and investors.
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Soft Cap versus Hard CapA hard cap is the maximum number of tokens that can be produced in a given cryptocurrency. It is set in the code of a blockchain to keep the. For an Initial Coin Offering (ICO), the term hard cap refers to the upper limit on the number of tokens that can be sold. It relates to the maximum amount. ' It usually refers to a limit on the number of tokens a project puts into circulation. For instance, Bitcoin has a hard cap of 21 million coins.
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