If a company has a hardcap of something like 10M and a soft cap of 1M normally in the presale do that let people contribute as much as they want meaning they can reach the 10m in the presale or do they limit the amount they raise in the presale?
Thanks for your reply
Mostly they will stop the sale and will not proceed to hard cap if they already reach the 10M during soft Cap because their coins are limited to that 10M value only in which some times they will give the excess coins for free thru airdrop or bonus to save time and expenses. Lets say the soft cap already reach 9.5M, the ICO will declare to cancel the Hardcap and the difference of .5M will be given away for free.