Pre-sale

In a sentence

The project offered tokens to early supporters during a pre-sale before the public launch.

• The project offered tokens to early supporters during a pre-sale before the public launch.
• Pre-sale buyers received a lower price but accepted lockup and execution risks.
• The team disclosed how much supply had been allocated to the pre-sale.
• A vesting schedule prevented all pre-sale tokens from entering the market at once.
• Investors reviewed the contract and refund terms before participating in the pre-sale.