What is a crypto currencys hard cap

what is a crypto currencys hard cap

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Coins VS Tokens: What's the Difference? - 3-min crypto
The cap and inflation?? With a hard cap in place, the amount of currency in circulation ceases to be a variable that determines the prices of. A hard cap is the maximum amount of money a company hopes to raise in an ICO. On the other hand, a soft cap is the least amount of funds. It refers to the maximum number of tokens that a blockchain project can sell. A coin's hard cap is set by the development team of a crypto.
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Case Studies. The 21 million cap defines Bitcoin as a deflationary digital currency. Because of this, it is important that before such a change to the protocol is implemented, all stakeholders must accept it.