Post
Topic
Board Altcoin Discussion
Re: What is ICO ?
by
icol333
on 31/07/2017, 23:53:02 UTC
There's something called softcap and hardcap, what's that actually? Are they related to ICO's?
I think it is the minimum fund target and maximum fund target. When soft cap reached the project can still continue but it will be much better if they reached themax for it fully development of the project.
But how if they're unable to reach the soft cap until the pre-ICO/ICO day, or if the project failed in the middle of the process? Will the token be reshared again?