Hard Cap

The hard cap is usually set by the project team in advance, based on the amount of capital they believe is necessary to achieve their goals and complete the development of the project. Once the hard cap is reached, the fundraising event is closed and no further funds are accepted.

The hard cap is an important factor to consider when evaluating a cryptocurrency project as an investor, as it can indicate the project's potential for success and its level of ambition. A high hard cap can indicate that the project is seeking a significant amount of capital and may have ambitious goals, while a low hard cap may indicate a more modest project.