Crypto Presale: Where to Buy and What You Need to Know

Crypto presale is the process of selling a new cryptocurrency or token in the early stage to interested parties including early backers or investors before they are made available to the public on major exchanges. 

Crypto pre-sales usually happen in the advanced stage in the life cycle of a new coin and are sold at a certain price, usually high discounted prices. Presales are beneficial to both parties involved while the process creates and gives the team behind the coin the much-needed funds to add the finishing touches to the project. It also provides investors an option to acquire these coins at a very cheap price, which could go ahead to be worth a lot more in the near future.

Aside from projects using presale events to secure early investment and funding, it is also a strategic phase to create hype and buzz around a coin as well as an opportunity to interact and engage a community on the potential advantage of being early holders of a coin. 

It is however important to note that, the financial gains would only be possible if the coin or project goes on to be a success in the crypto space. Like many other endeavors, crypto pre-sales comes with risks. If a project fails, all those coins acquired earlier on by investors will end up worthless, sending your investment down the drain. 

Additionally, when the actual ICO hits the open market, the influx of coins available to the public could decrease the value of the ones they initially purchased. On the other hand, developers need to be cautious of investors who might sell off pre-sold tokens shortly after launch to make a quick profit.

As the cryptocurrency market rapidly expands, many newbies who missed out on already established coins are now in search of new coins or tokens at a relatively lower price in presales with the aim of discovering breakout cryptocurrencies early before they gain widespread market appeal and hype.

Crypto pre-sale events are more or less like conventional IPOs (Initial Public Offerings) in the stock market. The developers and team behind the project usually create a website where potential investors can get to know more details about the project and buy the tokens if they are convinced enough. As interest grows and the presale continues, token prices may increase, making early involvement potentially lucrative.

There are numerous platforms to use in crypto presale events with Huobi Prime, Binance Launchpad, and leading the way as established players in facilitating presale events. 

These platforms provide crucial infrastructure support for new projects to raise capital, employing various methodologies like IEOs to streamline the fundraising process.

There are also a plethora of tools and platforms for crypto presale events. A few of them include CoinList, a technology services company that connects investors with vetted presale opportunities. The platform is equipped with two-factor authentication (2FA) for every account and most transactions and has a standing partnership with top custodians like BitGo and Gemini Custody to make sure the funds of investors are safe.

TokenMinds, a leading Web3 consulting firm that specializes in Web3 marketing and development also offers token sales consultation as well as tech support in presale events. 

A crypto whitelist is also utilized to curb the influx of dubious participants and make sure that only approved investors participate in presale events.

Some of the best presale crypto projects currently underway include ApeMax, a decentralized exchange in its presale phase, having already secured $10 million in funds. Investors through the acquisition of ApeMax coins, can gain access to staking capabilities, triggering a positive feedback loop with growth potential.

yPredict is also an AI-driven trading platform in its presale phase, which has raised over $3 million. The platform is focused on building an early adopter community and has numerous benefits in place including access to its beta platform, token discounts, and a share of presale profits.

Big Eyes, a meme coin that is gaining traction is also in the presale market, raising $44 million during its pre-sale phase. Wall Street Memes, Chimpzee, and Launchpad XYZ are all early-stage crypto projects in presales.


Related posts

Leave a Comment