Hard Cap

A Hard Cap is the maximum fundraising limit set by a cryptocurrency project during its Initial Coin Offering (ICO) or token sale. It represents the total capital the project aims to secure. Once the hard cap is reached, the token sale concludes, regardless of demand. Setting a hard cap helps manage token supply, prevent overfunding, and maintain transparency with investors. It reassures contributors that the project has a clear financial strategy. It also ensures that funds raised align with the project's goals and planned usage.