What is the difference of hard cap to soft cap? Did we base on this if we are going to invest in altcoins? Share your comments.
Yes, one to cosider when investing in ICO is the status of softcap and hardcap. The softcap is a minimum amount a project needs to reach in order to proceed the project. The hardcap is the maximum allowable amount for the project. When a project reached hardcap before the scheduled end date of ICO then they can end the ICO early. Reaching hardcap is sign that the project is succesful.