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.
The soft cover is the minimum threshold that the company must collect for the development of its ICO. Without collecting soft cover ICO will not live! A hard cap is the limit that a program must collect! If the Company will collect hard cover ahead of time, the collection program means stop prematurely. And the project will continue its development !
Such restrictions are now ignored, many projects cancel their product development even though they have achieved softcap.