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Pre sale Meaning

A pre-sale is an early investment round where a crypto project offers its tokens to a limited group of investors before the public initial coin offering (ICO) or exchange listing. Pre-sales are typically used to raise initial capital for development, marketing, and legal expenses. In exchange for the higher risk of investing in an unproven project, pre-sale participants usually receive a significant discount on the token price or additional bonuses.Technically, a pre-sale is often managed via a smart contract that automates the collection of funds and the distribution of tokens.

To prevent early investors from immediately dumping their discounted tokens on the market, pre-sales usually include a vesting schedule. This means the tokens are locked and released gradually over several months or years. This aligns the interests of the investors with the long-term success of the project.For investors, a pre-sale represents a high-risk, high-reward opportunity.

If the project succeeds, the return on investment (ROI) can be massive. However, many pre-sales occur before a functional product exists.

This lack of transparency makes the pre-sale stage a common area for scams and rug pulls. Savvy investors perform deep due diligence on the team, the whitepaper, and the code audits before participating in any early-stage token sale.The regulatory landscape for pre-sales has tightened significantly.

In many jurisdictions, pre-sales are considered securities offerings, meaning they can only be offered to accredited investors who meet certain income or net worth requirements. Projects now often use platforms like CoinList or Polkastarter to manage the KYC (Know Your Customer) and AML (Anti-Money Laundering) requirements, ensuring that the fundraise is compliant with local laws while still reaching a global audience.

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Finery Markets BVI Limited (“Finery Markets”) provides software, technology infrastructure, and related Information and Communication Technology (ICT) services on a Software-as-a-Service (“SaaS”) basis. Finery Markets acts solely as a software vendor and does not operate a trading platform, does not intermediate, match, execute, clear, or settle transactions, and does not engage in any activities that would require regulatory authorisation under applicable laws.

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