DeutschWhile the hardcap refers to the maximum yield of an ICO (or other digital currency issuances), the term softcap refers to the minimum revenue in the context of the initial sale of coins and tokens.
What is a Soft Cap and What is it for?
A softcap (or Soft Cap) thus indicates the defined revenue target of a project. It is less to be understood as a strict limit. Instead, companies behind a project use the soft cap to specify an amount that they need for the development of the blockchain project. If the soft cap is not reached, the developers often return the funds to the investors. In some cases, the developers still proceed with the project.
