The idea of cryptocurrency presale is now the backbone of several innovative projects that look for support in the developmental stage. Investors join the ecosystem by participating in crypto presale. It essentially refers to offering native tokens to investors to make them a crucial part of the project – often enabling them to have a say in governance and project architecture.
It is now highly relevant and important in today’s cryptocurrency market because projects seek assistance to make a breakthrough in the crowd of innovators. Only if they have integrity in their craft can investors bet on them for a better future.
What is Crypto Presale?
Crypto presales refer to the offering of native tokens ahead of the launch in the market. In other words, crypto presales make the native token available to investors before those tokens are launched for the general public via exchange platforms. This serves two crucial purposes – one, it helps to raise funds and second, it fosters innovation in the industry.
There are several crypto presale projects in the market but all of them make it to the top. It is therefore important to understand the basics behind it and then get on board. At the core is the very foundation of the project and the segment in which it is going to feature. Others include a roadmap and reviewing whitepaper along with crypto presale investment strategies.
Crypto projects ideally begin with crafting the basic plan for the project and preparing its ground for demonstration. Investors review those details with the team’s background before getting on board.
Examples of Successful Presale Crypto
Some of the best presales cryptos are Ethereum, EOS, Tron, Polkadot, and Chainlink.
Ethereum
Ethereum presale is considered to be one of the most successful crypto presales to date. The ICO ran from July 22, 2024, to September 02, 2014, at a price of $0.31. The project ended up raising approximately $18.30 million. Ether is now worth over $2,500 at the time of articulating this piece.
EOS
EOS crypto presale ran from June 26, 2017, to June 01, 2018, for almost one year. The ICO price was $1.88644, which roughly translates to ETH 0.003268. The project raised approximately $4.20 billion. Its token value is $0.49 at the time of writing this article; however, it is poised to mark upticks soon.
Tron
TRON crypto presale started on August 31, 2017, and ended on September 02, 2017. The short duration of the presale turned out to be sufficient to raise the required capital of $70 million at an ICO price of $0.0019. The token is currently exchanging hands at $0.1318.
Polkadot
The crypto presale for Polkadot rather ran for a long time. It began on October 14, 2017, and ended on July 27, 2020. The ICO price was $0.288 and the token has, since then, surged to $4.33. This has made Polkadot presale one of the most successful crypto presales. An approximate of $248 million was raised.
Chainlink
Chainlink crypto presale ran from July 21, 2017, to September 20, 2017. The ICO price was $0.11 with a successful attempt to raise $32 million. The token is now hovering around $10.23 with a slip of 1.38% in the last 24 hours.
Almost all crypto presale projects have been successful in fetching good returns to their investors. It was mainly the conviction of founders and developers that brought their projects to the point of being successful. It is also right to conclude that the confidence of inventors helped them to reach every possible milestone in the crypto market.
How to Find Crypto Presales?
Some of the best crypto presales can be found through platforms like social media, online forums, and presale platforms.
Social Media
Details about presale tokens can be found on social media platforms like X and Reddit. Discord is also a vibrant hum to gather key pieces of information. They provide real-time updates and help to connect with influential figures and founders directly. For instance, X facilitates rapid information sharing and creates a trend around the project.
Similarly, Reddit and Discord fuel discussions around presale tokens to allow for a deeper engagement within the community and/or potential community members.
Forums
Forums are more of a traditional form of finding the best crypto presales. Plus, they help to take into account the opinion of the community while assessing potential investment opportunities. Some of the forums are BitcoinTalk and CryptoMoonShots.
Presale Platforms
These are specialized platforms that play a pivotal role by offering structure and vetted presales. Some of the presale platforms are crypto launchpads like Binance Launchpad and dedicated presale websites like CoinList & Momentum Radar.
An ideal way is to explore all the possible platforms before concluding. Select platforms can be misleading and hence, a variety of them are more suitable to reach a conclusion.
How to Participate in Crypto Presales?
The question remains: How to buy presale crypto? The following content offers insights into that question.
- Discover upcoming presales through different platforms. A lot of projects are entering the market. Hence, it is imperative to choose the one that best fits the investment strategies. Crypto presales can be a risky venture. It is only when participants exercise caution they can prevent hefty losses and potential scams.
- Join the whitelist to get pre-approved for the offering. Following the community is a great idea to get regular updates about upcoming presales. Joining the community or the pre-approved list often encompasses completing the KYC process and creating an account on the platform.
- Prepare and link the wallet to the platform. This allows for an active participation in presales that could include fees. Wallets should be well funded to make the purchase or maintain the minimum balance. Also, check for the wallet that is compatible with the crypto presale platform and token which goes up for presale.
Needless to say, the participation process also includes doing sufficient research about the project and its founders.
Are Crypto Presales Worth it?
It can be worth investing in crypto presales if all the necessary work has been by participants. They are known to fetch high returns in the future plus it gives a sense of developing innovation along with the core team of developers. Some specific benefits are early access to projects, access to tokens at discounted prices, and access to additional perks & benefits.
Conclusion
Crypto presales are crucial for projects when it comes to raising funds. Most of them have been successful in the past. The market is now flooded with a lot of crypto presale projects. Hence, making it important for interested investors and participants to know about it in advance. It acts as a safeguard against losing funds to losses or scams.
