Pre-sale
By CoinGecko | Updated on Mar 03, 2020
A token presale is when a particular ICO token is available for sale to certain members before it is publically sold in the ICO itself. Reasons to participate in a pre-sale includes favourable rates as opposed to the ICO.
Related Terms
Burned Tokens
Tokens which have been sent to addresses whose private key are not known, effectively becoming unusable.
Satoshi Nakamoto
The pseudoym used in publishing the Bitcoin Whitepaper. Identity is unknown.
Pump and Dump Scheme
A market manipulation method to drive up the price of an asset before profiting by driving it back down.
Genesis Block
It is the first block of data that is processed and validated to form a new blockchain, typically called as 'block 0' or 'block 1'.
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