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
Dutch Auction
A Dutch Auction, also know as an "inverted" auction, starts off with high asking price that decays over time until a pre-determined floor price.
Second-Layer Solutions
Secondary network or framework built atop an existing blockchain to address transaction speed and scalability issues.
Bitcoin Improvement Proposal (BIP)
Refers to improvement proposals for Bitcoin, used to introduce features or any updates on the Bitcoin network.
Atomic SWAP
Atomic Swap refers to the exchange of cryptocurrencies that operate in different block chains without intermediaries.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.