Glossary - ChicksX

Private Sale is a pre-public investment round where select investors buy tokens or shares before public availability.

Private Sale is an early investment round in a crypto or fiat project. It's offered to a select group of investors, often including venture capitalists and high-net-worth individuals. These investors purchase tokens or shares at a discounted rate before the project is publicly available. The purpose is to raise initial capital and build momentum. Private sales often have minimum investment requirements and may include vesting periods to ensure long-term commitment. They allow projects to assess interest and secure strategic partnerships. Participants gain early access and potential high returns, while projects gain funding and credibility.