Hard Cap

In the context of fundraising and token sales, a hard cap refers to the greatest amount of money that a project or corporation hopes to raise. It denotes the maximum amount of money that the project is ready to accept during an initial coin offering (ICO) or token sale.

Once the hard cap is reached, the project will no longer accept further investments, even if there is still interest from potential investors.

More Definitions

Hot Wallet

A hot wallet is a cryptocurrency wallet that is actively utilized for frequent transactions and is connected to the internet. It enables customers to rapidly and easily access their funds for trading, spending, or other uses.

HODL

HODL is a bitcoin community term derived from a misspelling of "hold." It is the practice of keeping one's bitcoin assets for an extended period of time, regardless of market swings or short-term price volatility.

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