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
IPO
Initial Public Offering (IPO) refers to the process where a public company offers newly issued shares to the public and as a result raise capital from public investors.
Burned Tokens
Tokens which have been sent to addresses whose private key are not known, effectively becoming unusable.
Bagholder
A person who is holding a large quantity of cryptocurrency which is declining in value or becoming worthless
Whitepaper
An introductory paper to consicely explain an issue and a possible solution on the issue.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.