什麼是硬帽？

硬上限是可能存在的加密貨幣的最大供應。它已被硬編碼到區塊鏈的代碼中，並設置了嚴格的限制

A hard cap, also known as a token supply cap, is the maximum total supply of a cryptocurrency that can ever exist. It is set by the cryptocurrency’s founders and is hardcoded into the blockchain’s code.

硬上限，也稱為令牌供應帽，是可能存在的加密貨幣的最大總供應。它是由加密貨幣的創始人設置的，並被硬編碼為區塊鏈的代碼。

This sets a strict limit on how many tokens or coins can be created, even if there is high demand for them.

這嚴格限制了可以創建多少代幣或硬幣，即使對它們的需求很高。

What is a hard cap in crypto?

什麼是加密蓋子的硬帽？

A hard cap is an important concept in cryptocurrencies, as it helps to ensure the scarcity of the cryptocurrency. This can help to boost the value of each token over time, similar to how the scarcity of metals like silver and gold contributes to their value.

硬上限是加密貨幣中的重要概念，因為它有助於確保加密貨幣的稀缺性。隨著時間的流逝，這可以幫助提高每個令牌的價值，類似於銀和黃金等金屬的稀缺性如何促進其價值。

For example, Bitcoin (BTC) has a hard cap of 21 million coins, which was set by its creator, Satoshi Nakamoto. This means that no matter how much demand there is for Bitcoin, the supply will never exceed 21 million coins.

例如，比特幣（BTC）的硬幣硬帽由其創作者薩蒂什（Satoshi Nakamoto）設定。這意味著，無論對比特幣的需求多少，供應將永遠不會超過2100萬個硬幣。

Even if there is a period of low demand when some miners are not actively mining blocks, the rate at which new coins are created will remain constant until the 21 million-coin cap is reached, at which point miners will only be rewarded with transaction fees for keeping the blockchain secure.

即使某些礦工不是積極開採塊的需求很低，在達到2100萬個oin上限之前，創建新硬幣的速度也將保持不變，此時，礦工只會獎勵交易費用確保區塊鏈安全。

This is in contrast to other cryptocurrencies, such as Ethereum (ETH), which do not have a hard cap on their supply.

這與其他加密貨幣（例如以太坊（ETH））形成鮮明對比，以太坊（ETH）供應並不牢固。

The hard cap is also an important consideration for investors who are looking to invest in cryptocurrencies.

對於希望投資加密貨幣的投資者來說，硬上限也是一個重要的考慮因素。

As cryptocurrencies become more mainstream, there is a growing interest from institutional investors, such as hedge funds and pension funds.

隨著加密貨幣變得越來越主流，機構投資者（例如對沖基金和養老基金）的興趣越來越大。

These investors are used to investing in assets that are in limited supply, such as real estate and stocks.

這些投資者習慣於投資供應有限的資產，例如房地產和股票。

Cryptocurrencies can be a good fit for these investors because they offer the potential for high returns, but they are also a relatively new asset class, which can carry greater risk.

加密貨幣可能非常適合這些投資者，因為它們為高回報提供了潛力，但它們也是一個相對較新的資產類別，可以承受更大的風險。

To attract these investors, cryptocurrencies need to be structured in a way that is familiar to them.

為了吸引這些投資者，需要以他們熟悉的方式進行加密貨幣。

This includes having a hard cap on the supply of the cryptocurrency.

這包括在加密貨幣的供應上有一個硬上限。

A hard cap helps to ensure that the cryptocurrency will maintain its value over the long term.

硬蓋有助於確保加密貨幣在長期內保持其價值。

It also helps to prevent inflation, which can erode the purchasing power of any currency, cryptocurrency or fiat.

它還有助於防止通貨膨脹，這可能會侵蝕任何貨幣，加密貨幣或法定的購買力。

What is the soft cap in an ICO?

ICO中的軟帽是什麼？

The term “hard cap” also shows up in the world of initial coin offerings (ICOs).

“硬上限”一詞也出現在初始硬幣產品（ICO）的世界中。

When projects raise money through ICOs, they usually set a hard cap, which is the maximum amount they aim to collect, and a soft cap, which is the minimum needed to launch the project.

當項目通過ICO籌集資金時，他們通常會設置一個硬上限，這是他們要收集的最大金額，而軟上限則是啟動該項目所需的最低限度。

Think of the soft cap as the minimum fundraising goal, while the hard cap is more of a stretch goal. The hard cap is usually set higher to allow for more fundraising potential, but it doesn’t always mean the project will reach that target.

將軟上限視為最低籌款目標，而硬帽更像是一個伸展目標。硬帽通常設置為更高，以允許更多的籌款潛力，但這並不總是意味著該項目將達到該目標。

For example, if a project sets a soft cap of $5 million and a hard cap of $10 million, it means the project will only launch if it manages to raise at least $5 million from investors.

例如，如果一個項目的軟上限為500萬美元，硬上限為1000萬美元，則意味著該項目只有在設法從投資者那裡籌集了至少500萬美元的情況下才會啟動。

If the project doesn’t reach the soft cap by the deadline, all the funds raised will be returned to contributors. However, if the project manages to raise more than $10 million, it will still only take the $10 million hard cap and any excess contributions will be returned.

如果該項目沒有到達截止日期，則所有籌集的資金將退還給貢獻者。但是，如果該項目設法籌集了超過1000萬美元，它仍然只需花費1000萬美元的硬上限，並且將退還任何超額捐款。

Both the soft cap and hard cap are used to set clear boundaries for the project’s fundraising efforts, promoting transparency and allowing investors to make informed decisions.

軟上限和硬上限都用於為該項目的籌款工作設定明確的界限，促進透明度並允許投資者做出明智的決定。