Soft Cap
By CoinGecko | Updated on Aug 12, 2021
A soft cap refers to the targeted amount that an initial coin offering (ICO) looks to raise. If the ICO is unable to raise that amount, it may be cancelled and the collected funds returned to participants. See also: hard cap.
Related Terms
Validator
A block-signing participant of a Proof of Stake blockchain network, whom have significant tokens staked on the network.
When Lambo
An expression used by investors to ask when the value of their investment could buy them a Lamborghini
Gas
A unit of measurement of the computational effort in conducting transactions or smart contracts on Ethereum blockchain.
Immutable
A property characterized by inability to be change and stays unchanged over time.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.