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.
Nice question! Soft cap is a minimum amount a company needs to run a project while hard cap is necessary for the company to expand. The higher the money the company receives, the higher its profits. And it is necessary a company meet its soft cap as this is the only way the Company can continue its project.
Soft cap is only for the least minimal amount that they can use and over on it is much better, not raising the funds in hardcap doesn't means an ICO was a failure well then sometimes it depends in the Team who will going to use the funds for their own or to continue what they have planned in their timeline wuthout having much money raised.