Which type of cap, hard or soft, is more common in the cryptocurrency industry?
Jorge DavidMay 02, 2022 · 3 years ago1 answers
In the cryptocurrency industry, which type of cap, hard or soft, is more commonly used by projects to raise funds?
1 answers
- May 02, 2022 · 3 years agoBYDFi, 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.
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