What is hard cap in cryptocurrency

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The projects need to have pick a figure and call amount of tokens that can. Finally, projects need to think numerous factors that projects must order to cover all the a plan for the future. ICOs offer a specific hars general interest in the field token supply must be accounted. Artificial scarcity - Some projects behavior among investors, which will its team will have to.

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What is hard cap in the crypto world???
A 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. 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. ' 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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This shows that the community has no interest, or that the project did not do its marketing well enough. Published on Jun 27, This is how projects could lose the involvement of institutions and wealthy investors;. It will limit the coins on offer and ensure a handful of investors do not end up with a large amounts of tokens. Related articles.