Hard cap vs soft cap crypto

hard cap vs soft cap crypto

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A hard cap of a project is referred sotf as developers to launch their product, always be enough to continue the operations, which is why projects undergo another round of. Unlike the hard cap, a soft cap is not necessary because it is just an idea to raise funds for the development of a project and many teams have managed to gather funds without requiring.

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Soft Cap refers to the minimum funding for a project to start development. Hard Cap refers to the maximum number of tokens that can be sold. While the hard cap defines the maximum amount of tokens intended to be sold, the soft cap is the minimum. You could say that the soft cap is the. A hard cap in the cryptocurrency space is the maximum amount of tokens the project aims to sell to close the early funding round and continue.
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