For the same coin, why do early investors pay only a fraction of the public price?
One number: projects usually raise funds in several rounds, commonly including seed, private, strategic, and public rounds.
The greater the gap between the private sale price and the opening price, the stronger the incentive to sell after tokens are unlocked may be.
Remember thisโitโs more useful than memorizing a bunch of jargon. Knowledge can help you avoid some pitfalls, but it canโt replace position management.
In public sales like Binance Launchpad, $BNB is often used as the subscription asset.
One number: projects usually raise funds in several rounds, commonly including seed, private, strategic, and public rounds.
The greater the gap between the private sale price and the opening price, the stronger the incentive to sell after tokens are unlocked may be.
Remember thisโitโs more useful than memorizing a bunch of jargon. Knowledge can help you avoid some pitfalls, but it canโt replace position management.
In public sales like Binance Launchpad, $BNB is often used as the subscription asset.