In this post I will be discussing about presale and public sale in a cryptocurrency projects.
PRESALE
This the second stages to be encountered when developing a token or coins, in this stage token are sold at higher price with a reduced discount, this will also improve the spirit or mindset of the investor's of the Private sales, that there is hope for the future, in this stage they are more investor and registered account, meaning the project is becoming a success.
BENEFIT
Large Profits:
There is profit from buying successful tokens at this stage because the buy price would be lower than the eventual sell price (If the token becomes successfully). The profit from presale are not as much as that from the private sale.
LESSER RISK THAN PRIVATE SALE:
There is lesser risk involved in the sense that there are higher chances of survival for a token that has reach this stage, than a token in private sale.
RISKS INVOLVED
Even though a token has survived to this stage the token, still have chances of falling, due to foreseen circumstances. This would result to lose of investor's capital used for buying the token.
PUBLIC SALE
This is know as the final stage involved in development of token projects, this involves awareness creating or project promotion, to inform the pubic of their projects. This is a very important stage because is the last stages for rising fund, and the price of token is higher in this stage than previous two stages.
The public now got involved since more awareness is created about the token. The issuers of the tokens are making one last move to raise funds and increase the token's growing list of users. It is also an avenue to sell the tokens at a higher price.
The price at which the assets is been sold during public sale is higher than in the private sale and presale. The discount is further reduced from that of presale, making public sale have the lowest discount in fundraising phases. The good thing is that despite that more users are expected to adopt the token as the reach of public sale is widest, including the entire public.
BENEFIT
Bigger Profits:
Despite the fact that the price of the token is higher than the other two stages, the profit gotten at this stage is higher than profit gotten by investor's buying after the token has been listed
RISK INVOLVED
Cryptocurrency is always a volatile market, which implies that it's always a risky business and in the price at this stage are higher. So therefore if the project falls the investor's at this stage are entitled to have higher loses but on a normal circumstances the risk of falling of the project are less.
Increase in Community: At public sale, the token's community members increases. The entire world will now know of a token that has gone through previous rounds of sale and is about to be listed on exchanges. Most people begin to find out how to acquire the tokens before its listing, so the can benefit from the early profit which is usually very sure.
CONCLUSION
Pre-sale and pubic sale are among the important stages in a cryptocurrency development phases, since the help to determine the success of that project. They are stages cryptocurrency developers don't joke because they assist developers in rising fundto further develop the project.
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