I was asked: What’s the difference between a private sale round and a public sale round?
I usually answer like this: Private sale rounds are generally only open to institutions and a small number of investors, with the price and unlock terms set out in an agreement. The bigger the gap between the private sale price and the listing price, the more likely investors may be to sell once their tokens are unlocked.
$BNB 745.16（+1.52%）
When did you all first figure this out?
#BNB
I usually answer like this: Private sale rounds are generally only open to institutions and a small number of investors, with the price and unlock terms set out in an agreement. The bigger the gap between the private sale price and the listing price, the more likely investors may be to sell once their tokens are unlocked.
$BNB 745.16（+1.52%）
When did you all first figure this out?
#BNB