Blockchain Glossary

Hard Cap

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The maximum amount of money a cryptocurrency can get from the investors in its ICO (Initial Coin Offering). An Initial Coin Offering is a limited-time procedure where new cryptocurrencies make their coins known publicly by selling them to people.

Mostly, people invest in these coins with hopes that later on, the coins will be worth many times more than what was paid. A hard cap is larger than a small-cap.

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