Hard cap
By CoinGecko | Updated on Mar 03, 2020
The maximum amount that an ICO will be raising. It will stop collecting any more funds when an ICO hit its hard cap.
Related Terms
Application Programming Interface (API)
It is a software that acts like an intermediary or a bridge that lets two applications talk to each other. It is the one that lets applications, data and devices interact.
Block Confirmation
Refers to the number of confirmation a particular block has. Each block ahead of the referenced block adds one block confirmation to it.
Cloud Mining
Mining on blockchains through rented processing power rented from companies that host the physical equipment.
Crowdsale
This type of auction has a fixed price per token that is sold on a first-come-first-serve basis.
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