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Which type of cap, hard or soft, is more common in the cryptocurrency industry?

avatarGift MumbaDec 15, 2021 · 3 years ago1 answers

In the cryptocurrency industry, which type of cap, hard or soft, is more commonly used by projects to raise funds?

Which type of cap, hard or soft, is more common in the cryptocurrency industry?

1 answers

  • avatarDec 15, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, has observed that both hard and soft caps are widely used in the industry. While hard caps provide a clear limit on the amount of funds that can be raised, soft caps allow for more flexibility and may attract a wider range of investors. Ultimately, the choice between hard and soft caps depends on the project's goals, funding requirements, and investor preferences.