What is a hard cap?

Hard Cap definition: Maximum limit set for a token sale or project funding, indicating the highest amount that can be raised. The term "Hard Cap" refers to the predetermined maximum amount of capital that a project aims to raise, usually during an Initial Coin Offering (ICO) or other fundraising event.
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What is hard cap vs soft cap?

Hard Cap refers to the maximum limit of assets to be sold during the initial coin offering. Soft Cap refers to the minimum amount of funding required for the development of a project.
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What is the purpose of a hard cap?

A hard cap is a limit placed on the maximum supply of a cryptocurrency, creating scarcity and potentially increasing its value. It can be vital for managing cash flow, limiting whales, and maintaining a coin's value.
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What is a hard cap in the NBA?

The majority of American leagues (NFL, NHL, MLS) have hard caps while the NBA has a soft salary cap. Hard salary caps forbid teams from going above the salary cap. Soft salary caps allow teams to go above the salary cap, but will subject such teams to reduced privileges in free agency.
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What is a hard cap in crypto?

What Is Hard Cap? A hard cap is a limit placed by a blockchain's code on the absolute maximum supply of a particular cryptocurrency, A hard cap doesn't allow any further creation/circulation of its units.
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The World Handicap System - Hard and Soft Caps - A Cognitive Whiteboard Animation

Which coins have a hard cap?

In some cryptocurrency networks, a hard cap can also refer to the total supply limit of the cryptocurrency itself. For example, Bitcoin has a hard cap of 21 million coins, ensuring its scarcity and, theoretically, its value over time.
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Why do funds have a hard cap?

This financial ceiling prevents excessive fundraising that could lead to problems like mismanaged resources, misaligned incentives, and unnecessary dilution of token value for early investors. By setting a hard cap, you signal to the market that you have a clear and well-calculated plan for utilizing investor funds.
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Is the NFL a hard cap?

The salary cap is a limit on the amount of money an NFL team can spend on player contracts (including base salary and bonuses). This is different from other sports leagues like the NBA because it is a hard cap, leaving no room for flexibility.
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What is a hard cap salary?

The salary cap that is set in the CBA of that year is the absolute limit of salaries that a team can pay for its players. The NFL has a “hard” cap which means no team can spend more than the salary cap.
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Who is the lowest paid player in the NBA?

Mouhamed Gyueye is currently the lowest-paid NBA player in the NBA this term. The Senegalese player was the 39th pick in the 2023 draft. Drafted by the Charlotte Hornets, he saw his rights traded to the Boston Celtics, who dealt him to the Atlanta Hawks.
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What is the difference between a bump cap and a hard cap?

OSHA requires hard hats to be worn “in areas where there is a possible danger or head injury from impact, or from falling or flying objects, or from electrical shock and burns.” While bump caps protect the head from minor injuries, hard hats protect against impacts that can lead to grave injury or even fatalities.
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What is the purpose of a hard hat?

Hard Hats. Hard hats can protect employees from impact and penetration hazards as well as from electrical shock and burn hazards. Protective headgear must meet ANSI standard Z89.
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What is a soft cap in crypto?

A soft cap in crypto is the minimum amount of funding required for a new project to launch. This launch phase is often called an ICO (Initial Coin Offering), in which investors are given their first opportunity to buy coins or tokens of a crypto project.
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What is hard level cap?

hard cap - level cap is coded into the game and under no circumstances character will exceed it. soft cap - there is no hardcoded level cap, but the amount of xp in the world is limited, so effectivly maximum level is still capped.
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What is a USGA soft cap?

The soft cap. The soft cap is triggered when the difference between a player's newly calculated Handicap Index and their Low Handicap Index is greater than 3.0 strokes.
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Does baseball have a hard cap?

Major League Baseball is the only major American or Canadian professional sport that does not have a salary cap. There are debatable arguments on both sides of the salary cap issue. The Major League Baseball Players Association has consistently rejected the notion of a salary cap, or salary floor.
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Is there an NBA hard cap?

Unlike the NHL, which has a “hard cap” that cannot be exceeded under any scenarios, the NBA has a “soft cap” (like a yarmulke). NBA teams are allowed to go over the salary cap by design using a variety of exceptions outlined in the collective bargaining agreement (CBA) that are explained below.
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What is a dead cap salary?

Player bonuses, salaries, surplus from previous seasons and dead cap make up the salary cap. The dead cap is a charge for a player who is no longer on the roster. The number is calculated from the remaining signing bonus and any guaranteed salary. This is not a cash payment but rather a charge to the salary cap.
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Is it illegal to have a salary cap?

A salary cap, which is also known as a wage cap, is a rule that is written out in a contract or otherwise legally stated that places a limit on how much an employee can earn. This means that the salary cap is well-known in the industry.
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What is the minimum salary in the NFL 2024?

The minimum salary for a first-year player is currently, as of 2024, sitting at $795,000. This amount applies exclusively to NFL rookies during their debut season. As they advance, the minimum rises to $870,000 and $940,000 by the third year.
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What happens if an NFL team goes over the salary cap?

The NFL's cap is a hard cap that the teams have to stay under at all times, and the salary floor is also a hard floor. Penalties for violating or circumventing the cap regulations can include fines of up to $5 million for each violation, cancellation of contracts and loss of draft picks.
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What is the base NFL salary?

The NFL league minimum for a rookie salary is $795,000 for the 2024 season. Because of the current collective bargaining agreement, the minimum salary increases based on the number of years a player has been in the NFL.
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Does Bitcoin have a hard cap?

Satoshi Nakamoto defined Bitcoin's 'hard cap' at a maximum of 21 million coins. Despite its software nature, Bitcoin's embedded source code and halving events prevents the supply of Bitcoin to surpass 21 million in total.
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What is a hard cap in PE?

Hard Cap is a form of cap that applies to financing in [Private Equity](/en/blog/quest-ce-que-le-private-equity-pe), among others. This refers to the maximum amount, in capital, that investors are able to subscribe to a round of financing.
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What is a soft cap in finance?

Soft Cap refers to the minimum amount that an initial coin offering (ICO) needs to raise. If the ICO is unable to raise that amount, it may be canceled and the collected funds returned to participants.
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