6 Best Crypto Presales To Invest in 2023

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Crypto presales have become a popular method for blockchain startups to raise funds for projects before the official launch of a token. Presales offer investors the opportunity to buy tokens at a discounted price, often before they appear on exchanges or become available to the public.

While crypto presales come with a degree of risk, they can also offer significant benefits to both startups and investors. In this article, we explore the best crypto presales in 2023.

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Binance Launchpad

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on Binance’s official website

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KCS

What is a crypto presale?

crypto presale what

Before a token’s official launch, a blockchain startup will offer a small number of its tokens to investors as part of a fundraising event known as a crypto presale. These presales typically occur when a startup is just getting off the ground and is looking for funding to support the creation and promotion of their project.

There are many different implementations of crypto presales, such as ISPOs, ICO, IEOs, etc. However, they typically follow a similar format. Crypto presales developed from initial public offerings (IPO) in traditional finance.

With traditional IPOs, companies must adhere to strict regulations. They must also involve counterparties such as investment banks before they can offer assets. It is a long and strenuous process.

During a crypto presale, investors typically acquire coins or tokens at a discounted price. This is often with the expectation that the tokens’ value will rise once they become public. The presale may also have minimum investment requirements, time limits, or other participation requirements.

The funds raised during a crypto presale often cover a multitude of expenses. These are typically the costs of developing the blockchain project, lícito and regulatory compliance, and marketing the upcoming token launch. The success of a crypto presale can also raise awareness of the project, attract more investors, and ultimately increase the token’s value.

6 best crypto presales to watch

Looking to get in early on some new crypto in 2023? Take a look at these exciting presales:


1. AiDoge Presale

AiDoge

AiDoge

Payment type

ETH, BNB, USDT, Card

2. yPredict Presale

yPredict

yPredict

3. PikaMoon Presale

PikaMoon

PikaMoon

Audit & KYC

SharkTeam and Coinsniper

4. Tradecurve Presale

4. Tradecurve Presale

Tradecurve

Tradecurve

Audit & KYC

Assure Defi and Cyberscope

5. Avorak AI Presale

5. Avorak AI Presale

Avorak AI

Avorak AI

Audit & KYC

Coinscope, Solid Proof, & Novos

6. Bitcoin Spark Presale

6. Bitcoin Spark Presale

Bitcoin Spark

Bitcoin Spark

Audit & KYC

Contract Wolf, Vital Block, and Cognitos

What are the types of crypto presale?

crypto presales types of presale

Initial Coin Offering

An Initial Coin Offering (ICO) is a type of crowdfunding method used by blockchain-based startups to raise capital. It involves the creation and sale of new do dedo tokens to early adopters and investors. These tokens serve as units of value within the project’s ecosystem, providing access to the platform’s services and products.

The ICO process usually involves the publication of a whitepaper, followed by a period where investors can buy the tokens. ICOs can be an attractive investment opportunity for investors looking to get in on the ground floor of a promising blockchain project.

Initial DEX Offering

An Initial DEX Offering (IDO) is another type of decentralized fundraising mechanism used by blockchain-based startups. It involves the issuance of new tokens on a decentralized exchange (DEX). They also allow investors to buy these tokens using cryptocurrencies such as ether or bitcoin.

During an IDO, investors can buy new tokens at a fixed price or via a Dutch auction. In this scenario, the price begins high and gradually decreases until all tokens are sold. IDOs differ from ICOs in a few ways.

In ICOs, tokens are sold before being listed on an exchange; however, tokens in an IDO are immediately listed on the DEX where they are launched. This means that project developers do not need to collect assets for pools. Instead, the pool is formed on a DEX after the IDO is completed.

Since crypto projects can raise funds without intermediaries and investors can trade instantly, the IDO model has grown in popularity.

Initial Exchange Offering

An Initial Exchange Offering (IEO) is a type of fundraising event that takes place on a cryptocurrency exchange.
The exchange acts as a trusted intermediary between the project and investors during an IEO.

In addition to offering a venue for the token sale, the exchange also performs due diligence to verify the project’s legitimacy. Tokens are purchased directly on the exchange by investors. The tokens typically list for trading on the exchange immediately after the sale.

A cryptocurrency exchange performs the same tasks an investment bank would in an Initial Public Offering (IPO) during an IEO. In its capacity as administrator, the exchange assesses prospective sales before they happen. The project recompenses the marketplace for its assistance in the sale of its tokens.

IEOs offer more control over projects that are legally constrained. Businesses are often unable to comply or offer their services in multiple jurisdictions at once. Using IEOs to distribute tokens keep companies more legally compliant.

Tom Schmidt, a partner at the crypto venture fund Dragonfly, spoke of the advantages of IEOs on Unchained Podcast’s “The Chopping Block”:

You can KYC out people who might be U.S. residents. And so, you can sort of create some liability buffer…

Tom Schmidt: Unchained Podcast

NFT presale

An NFT presale is a limited-time event where creators sell unique do dedo assets to early buyers. NFT presales often offer exclusive access to rare and valuable collections, with buyers receiving discounts or bonuses for purchasing tokens early. While NFT presales can generate excitement and fund development, investors should stay aware of the risks involved.

As with many activities in crypto, users should do their due diligence. ICO scams have stolen billions of dollars in value from unsuspecting supporters. Rug pulls are very common; therefore, always do your own research (dyor).

The verdict on crypto presales

Crypto presales have become a popular way for blockchain startups to raise funds and build a community around their projects. While there are certainly advantages to participating in these presales, such as getting access to tokens at a discounted rate, there are also potential risks and drawbacks to consider.

Investors should carefully research any project before participating in a presale and assess the team’s experience, track record, and overall credibility. Additionally, it’s important to understand the terms and conditions of the presale, such as lock-up periods and vesting schedules.

Overall, crypto presales can be a valuable tool for startups looking to raise funds and build a community. As with any investment, there are no guarantees, but with careful consideration, presales can be a way to participate in the growth of exciting new blockchain projects.

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