CRYPTOCURRENCY TOKEN PRESALE IN THE DIGITAL CURRENCY MARKET

in Steem Alliance28 days ago

He'll to everyone in this wonderful community today and on this great platform at large. I greet you all in good spirit and I want to believe that we all are doing just great today and if so we give God the praise for the sustenance of life and good health.

I welcome you all to yet another beautiful day of the week and I hope we all are having a pleasant week so far. I also want to a happy weekend to everyone on here and we pray for a prosperous weekend ahead.

Today I am here in your midst once again with another interesting topic which I have titled CRYPTOCURRENCY TOKEN PRESALE IN THE DIGITAL CURRENCY MARKET. We have been talking about airdrop and how it's been distributed but along the line I decided to talk about the said topic for today in other to balance the teaching regarding airdrop distribution.

So today's teaching is going to be beneficial especially to the newbies on here as though it will enlighten them about what presale entails in cryptocurrency and on wed3 generally. With that being said I want to employ us all to sit tight and relax as I begin the teaching regarding this topic for the day. I wish you all a happy reading!


Airdrop campaign distribution has been the order of the day as such a lot of users solely rely on the campaign of various projects with the mindset of earning incentives by the end of the project campaign hence they place little or no focus to the main incentive.

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So far we have been earning reward from various cryptocurrency campaign projects, some come with great rewards while others give less reward. Now the activity that comes with great reward is the Presale program and this will be emphasized below.

WHAT IS PRESALE

Presale can be seen as the scenario by which an asset is sold at a discount rate. This is the process by which the price value of an asset is cut down for a given number of individuals and this price value is only given to a specific individuals who meet a given criteria regarding the Presale.

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The above definition is for the conventional market where asset are sold at a lesser price to certain individuals that are linked to the market. So these individuals gets the said asset for a lower price value prior to when the asset will be taken to the public in general.

So these persons involved gets a discount price as they are connected to the said project regarding the asset while others outside the project gets to purchase the asset with a higher price value compared to those connected to the project.

PRESALE IN CRYPTOCURRENCY

Now the term Presale in cryptocurrency has to do with the subsidizing of the price value of an asset prior to it launch in the cryptocurrency market. This allow individuals, investors and cryptocurrency enthusiasts to purchase cryptocurrency assets in lesser price value prior to the launching of the assets in the cryptocurrency market.

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Note that the individuals that are given presale spot must have met certain requirements prior to the presale and these requirements can be in form of performing tasks or engaging with the project from the onset to the end. In a nutshell not everyone gets the presale spot as it is given based on merit when it comes to certain cryptocurrency projects.

Individuals with Presale spots get to purchase the cryptocurrency assets even without knowing how much the asset may worth. As such they take great risk to purchase as asset that has no standard value yet but the main thing is that they get to smile at the end of the day when the token is listed.


CONCLUSION

Presale is the an activity that is carried out by many cryptocurrency project prior to the launch of their token and this entails purchasing the asset before the actual price value is confirmed in the digital market and this Presale spots are given to individuals who must have completed certain criteria.

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This is a profitable investment where investors can make judicious use of the opportunity to make gains as such the presale spots to some cryptocurrency projects are highly competitive and that is why certain criteria are put in place to allow those who met the criteria to have the spot.

Thank you all for having me today. I look forward to discussing more with you all but for now I say goodbye and have a great week ahead.

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