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
Soft Cap
Targeted fund raising limit of an ICO
Mt. Gox
Mtgox or Mt. Gox was one of the first websites where users could take part in fiat-to-bitcoin exchange (and vice versa).
Whale
Someone who holds an enormous amount of cryptocurrency and has the ability to wave the market
Seed
A value used to initiate generation of pseudorandom number, ususally a string of 12 commen English words.
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