Why you use 4 in your example task. Please, can this someone explain?
"where x = 8000/4/2000 = 1"
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I think x will be 1, that is to say max contribution in first 12 hrs is 1 ETH. Well, this is my interpretation.
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So can we contribute again after the first 12 hours??
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if not sold out yes.
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I think it's just because they want to start the contribution with 1 ETH. So 8000/2000 = 4, then 4/4.
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I think the outcome of "Hard cap / no of participants"
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