What is Private sale

A private sale comes before the initial coin offering (ICO) and presale. It typically offers bonuses to investors and discounts on token purchases depending on the volume of the sale. During a crowdsale, the tokens could be bought up quickly, so private sales give institutional investors more possibilities to buy tokens. The tokens could be locked up for a certain period of time, to avoid immediate sale when the ICO is launched and to protect the token’s value from dropping.

Private sale

A private sale is an investment round ahead of an ICO for institutional and big investors.

Related terms

Passive management Pegged currency Ponzi scheme Plasma Phishing Paper wallet

Join our free newsletter for daily crypto updates!