Evaluating ICOs: Importance of Soft Cap and Hard Cap

<h1 class="d-none">ICO Evaluation: Soft Cap and Hard Cap Importance</h1> <h2 class="d-none">Evaluating ICOs: The Importance of Soft and Hard Caps</h2> ICO Evaluation: Soft Cap and Hard Cap Importance

If you were an early adopter of cryptocurrency, you may remember the ICO (Initial Coin Offering) mania of 2017,

Market capitalization is a crucial determinant for stock market investors. But for cryptocurrency investors, it's not exactly the same.

It is the minimum amount that should be raised for an ICO. The money invested is refunded to investors if the soft cap for the ICO is not reached.

The soft cap and hard cap are just more than fundraising initiatives. They provide a lot of information on the project, the team, and their mission. Swipe up