Definition ∞ Presale projects involve offering new cryptocurrency tokens for sale to early investors before their public launch on exchanges. These sales typically occur at a discounted price, allowing projects to raise initial capital for development and marketing. Participants in presales acquire tokens with the expectation of future value appreciation upon wider market availability. These early funding rounds are common in the digital asset space.
Context ∞ The ongoing discussion concerning presale projects frequently addresses the high-risk, high-reward nature of these early investment opportunities. Debates often involve the due diligence required to assess project viability and the potential for scams or unfulfilled promises. A critical development to observe is the increasing demand for transparent vesting schedules and robust auditing practices to protect early investors and build confidence in new ventures.
Blockchain Knowledge
Cryptocurrency Foundation
Cryptospace Newsfeed
