Hard Cap

A hard cap is the maximum amount of money that a crowdsale (e.g., an ICO) will receive. It is set by the project leaders and it is commonly tied to the expected tokens supply.

A hard cap is often a good way for an investor to determine the importance of a project even if it is not an exact science. The hard cap can eventually be set low and create a significant increase of the tokens’ value post-ICO.

See: soft cap.

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