A presale can be the most profitable way to in a cryptocurrency. This is because while buyers in a presale may take on more risk, they also have access to substantial capital gains on the token price.
When any crypto is in its marketing and pre launch phase – common efforts in a presale – it is usually priced at a meagre amount, allowing investors enough buying power to make the payoff worth the risk.
Presales in crypto are called an ICO or Initial Coin Offering. Despite the similarity in name to an IPO, an ICO has to do with fundraising before the coin is offered publicly. It is usually more private than an IPO, where shares are given out to the public.
ICOs occur in a set of funding stages. The price of the coin increases with each stage. This gives an incentive to interested parties to invest as early as they can.
The main issue with presales is that awareness reaches interested parties in the last few stages of funding and not before. By that point, most upside gains are eaten away by previous, longer-term investors. Timely knowledge of upcoming projects in the DeFi space can help with this barrier to ICO participation.
Metacade Set To Revolutionize GameFi With Its Presale
Metacade is a new virtual gaming arcade with a broad offering of P2E (Play to earn) games for players to compete and earn monetary rewards for their participation. Alongside its P2E function, Metacade has a grant scheme, offering funding support to developers who want to create new games for the platform.
Ultimately, Metacade wants to become sustainable using various strategies including advertising revenue, job listings, pay-to-play feature, tournaments, etc.
According to Metacade’s website, the project is in its 2nd stage of funding and raised $3.88 million. The token is currently priced at $0.012 and after funding hits the next stage, it will increase to $0.013 per token.
Gamers Can Roam Sci-fi Lands In RobotEra
Based on metaverse creations such as Decentraland and Sandbox, RobotEra is a virtual open world where players can create land, in-game items, and structures. Players are given Taro, the in-game currency, to trade collectible items with and earn money.
The game is set in the world of Taro, where the robots are left to rebuild the planet after a scientist sets off a chain reaction that eradicates humanity.
Users are encouraged to be creative with personalizing their in-game items since they are monetizable. Earned crypto can be spent on upgrading bots and NFTs can be bought and sold on the platform, allowing players to make a profit. There are multiple streams to which players can turn if they want to make money.
RobotEra is in its first stage of funding and a Taro goes for $0.020 per token. Investors who pitch in now can earn money when the token transitions to its second stage of funding, where each Taro will be priced at $0.025 per token. There is a further price increase in stage 3 to $0.032.
So far, the project raised $748,000.
Big Eyes Coin The Biggest Presale In Last Two Years, On Track To Raise $19 Million Soon
Big Eyes Coin is in its ninth stage of funding and token members can expect to reap a ton of benefits from this project. From access to an NFT sushi crew to a customized set of cute-looking cat designs, Big Eyes coin was made for two reasons: profit and philanthropy.
5% of the coin’s supply will be allocated towards repairing the health of our oceans. Big Eyes Coin has a few incoming updates such as a superstore and a launch on UniSwap.
The price of Big Eyes tokens appreciated by 20% with every stage. If a speculator chose to get in on the ground floor of Big Eyes’, they would have 429% in returns by now.
An additional 200% bonus of Cat Eyes tokens is given out with every purchase, allowing buyers to triple their overall investment.
Disclaimer: This article is not investment advice. It is an attempt to keep crypto-enthusiasts aware of recent developments. Anyone who chooses to invest in any crypto mentioned in any article does so at his own risk.
None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. Always conduct your research before making financial commitments, especially with third-party reviews, presales, and other opportunities.