Someone asked: What’s a “KOL round” for a new token?
I usually answer like this: For some projects, the KOL round price is about the same as the private round price, but the lockup period is shorter than for institutional investors. Those who get tokens at a low price and have a shorter vesting period often have more room to sell after listing. That’s a result of the incentive structure, not a judgment about any particular person.
$BNB 722.54 (-0.91%)
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I usually answer like this: For some projects, the KOL round price is about the same as the private round price, but the lockup period is shorter than for institutional investors. Those who get tokens at a low price and have a shorter vesting period often have more room to sell after listing. That’s a result of the incentive structure, not a judgment about any particular person.
$BNB 722.54 (-0.91%)
If you found this useful, save it so you can look it up later.