【Quick explainer】What does a new token’s “KOL round” mean?
For some projects, the KOL round price is close to the private round price, while the lockup period may be shorter than that for institutional investors.
The risk of a KOL round isn’t whether influencers can invest, but that readers often can’t tell when someone posting has access to tokens at a low price.
$BNB can be used to participate in official events such as Binance Launchpool. The rules are all laid out in public announcements.
Only invest what you can afford, and leave yourself plenty of room.
For some projects, the KOL round price is close to the private round price, while the lockup period may be shorter than that for institutional investors.
The risk of a KOL round isn’t whether influencers can invest, but that readers often can’t tell when someone posting has access to tokens at a low price.
$BNB can be used to participate in official events such as Binance Launchpool. The rules are all laid out in public announcements.
Only invest what you can afford, and leave yourself plenty of room.