Hard Cap
定义
Hard Cap represents the maximum amount of funds a cryptocurrency project wants to raise in total within a certain period of time.
Hard Cap refers to the maximum amount of funds a cryptocurrency project wants to obtain in total within a certain period of time. The hard cap set during an ICO or a token sale usually represents the amount of funds required for the development, marketing and other functions of the project. Hard cap provides a clear framework for investors by setting the maximum fundraising target for a particular project and also helps keep the token supply under control. If a project exceeds its hard cap, a plan is usually established in advance in which excess funds will be refunded or used for another purpose.
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