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What is the purpose of a “hard cap” in the context of an initial coin offering (ICO)?

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In this guide, you’ll learn the answer to “What is the purpose of a “hard cap” in the context of an initial coin offering (ICO)?” in Marina Protocol.

What is the purpose of a “hard cap” in the context of an initial coin offering (ICO)?

Question: What is the purpose of a “hard cap” in the context of an initial coin offering (ICO)?

Answer: To limit the maximum amount of cryptocurrency that can be raised during the ICO.

Further reading

Which blockchain feature allows the creation of a secondary blockchain that is connected to the main blockchain?

What is the purpose of a “soft cap” in the context of an initial coin offering (ICO)?

What is the purpose of a “zero-knowledge rollup” in the context of Ethereum scalability solutions?

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