Primary market | What’s the difference between private and public rounds?
Private rounds are usually open only to institutions and a small number of investors. The price and vesting terms are determined by contract.
Early investors take on greater uncertainty, so they get a lower price; by the time the token is listed, their allocation usually has a substantial unrealized gain.
In public sales such as Binance Launchpad, $BNB is often used as the subscription asset.
Markets are always uncertain, so decide in advance what to do if your judgment is wrong.
#BNB
Private rounds are usually open only to institutions and a small number of investors. The price and vesting terms are determined by contract.
Early investors take on greater uncertainty, so they get a lower price; by the time the token is listed, their allocation usually has a substantial unrealized gain.
In public sales such as Binance Launchpad, $BNB is often used as the subscription asset.
Markets are always uncertain, so decide in advance what to do if your judgment is wrong.
#BNB