NEWS
Everything You Wanted to Know About Pre-ICOs (But Were Afraid to Ask)

2018-04-09 02:01:31
by Dominic Brown
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Everything You Wanted to Know About Pre-ICOs (But Were Afraid to Ask)

An ICO Presale (or Pre-ICO) is a token sale which occurs before the official sale of tokens is open to the public as part of the main ICO. The amount of money which a platform aims to raise in an ICO Presale is often much lower when compared to the main public ICO, and so the tokens are often put up for sale at a discounted price.

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The Separation of Pre-ICO and Main-ICO funds

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A Pre-ICO will typically use smart contracts which are separate to those used as part of the main ICO. This ensures that funds raised as part of the Pre-ICO are not mixed with those which will be raised as part of the main-ICO which allows for accounts to be easily audited.

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The purpose of raising Pre-ICO funds

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Some platforms launch Pre-ICOs as a way to raise funds for the paid advertisements, additional staff and social media campaigns which are required to launch the main ICO successfully.

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The easiest way to discover details of upcoming Pre-ICOs

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The easiest way to find out about Pre-ICOs is to check a reliable Pre-ICO calendar list such as the one at Zloadr. These lists contain detailed information about current and upcoming Pre-ICOs with details of the products and services being developed by each platform.

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