Glossary - ChicksX

Pre-sale is an early fundraising phase in crypto, offering tokens at a discount before public sale begins.

Pre-sale is an initial fundraising stage for cryptocurrency projects. It allows investors to purchase tokens before the public sale. This phase aims to raise capital and generate early interest in the project. Tokens are typically offered at a discounted rate, incentivizing early participation. Pre-sales help project developers gauge market interest and secure necessary funding. They often have a cap on the total amount raised and may include specific terms or conditions for participants. While offering potential benefits, pre-sales carry risks, as projects may not always succeed after this phase.