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

Private key Price action Peer-to-peer (p2p) Proof of stake (PoS) Progressive web app Passive management

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