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What is a crowdsale of an ICO and how is it different from a presale?

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lydia ivan
What is a crowdsale of an ICO and how is it different from a presale?

We often hear about crowdsale when reading the introduction of a blockchain business idea. But do you know what it means?

The crowdsale is the heart of an ICO project. It is when the company starts to sell its tokens in exchange for money, so they can raise funds for their idea and create a larger investment.

A crowdsale is open to anyone who wishes to invest in the ICO. Buying the tokens usually gives you some advantages such as bonus, awards or even discounts on fee in the coin exchange platform.

It is important to mention that the crowdsale is different from a presale. Sometimes people can mix up these terms, but they are different parts of an ICO launch.

The presale is a way that companies found to give a little taste of their tokens to the investors and also make sure the ICO is seen. It happens before the crowdsale, usually targets bigger investors and also can give them some discounts on the purchase.

Now that you understand the different phases of an ICO launch, how about having your own token and blockchain-based business?

Blockchain App Factory is the company that offers end-to-end solutions for your Initial Coin Offering, from the development of a token to marketing it to the investors.

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lydia ivan
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