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Topic: ICO Private Sale (Read 270 times)

newbie
Activity: 183
Merit: 0
April 02, 2018, 11:47:56 AM
#14
I usually see this often times especially in so many ICO's whitepaper. Thou have never taken time out to research more about it, but I think its all about some investment made by the earliest investors that may probably be people close to the team or people who have decided to all the way with the project ahead.
member
Activity: 78
Merit: 16
April 02, 2018, 08:27:21 AM
#13
The landscape changes fairly quickly. Indeed, there is a private sale that occurs before the pre-sale for large projects (who want to gather tens of millions for ICO, it's almost a must). By the time I am writing this post on April 2 - 84% of 2018 ICO funding came from private sales.

Usually it is open to crypto funds, VS or angel investors. For those seeking American investors, private sales comply with securities laws enforced by SEC - specifically Reg D, Rule 506 (c). It allows ICO projects to avoid the burdensome registration requirements, though it allows only the accredited investors to buy tokens ($1m + capital OR $200k+ annual income OR $300k+ annual income for a couple). That should not be a problem, since most investments in private sales fall within the 100 - 1000 ETH range.

Potentially, the SEC may go after these ICOs for not looking into the secondary trading issue, but that's a future and a US-based concern entirely. Many of the investors participating in private sales are, in fact, coming from Asia. Still, any ICO project considering doing a private sale is encouraged to look further into an article by Harbor "Introducing the Private ICO" on Medium, which analyzes various legal complexities.

Private sales often last 2 - 3 weeks, have minimum investments, and allocate 30 - 45% of the tokens as a cap. Unsold tokens are then sold during the actual pre-sale and crowdsale. The discounts offered during private sales are often steeper than those during pre-sales.
member
Activity: 252
Merit: 10
January 29, 2018, 11:56:10 PM
#12
i think the private sell is just for a big investor
maybe like the project creator make a proposal to get investment
full member
Activity: 630
Merit: 110
January 29, 2018, 11:51:11 PM
#11
Private Sale is not advertised and may not be there for all ICOs. Need to contact the ICO team directly if they offer it and on what terms.
member
Activity: 266
Merit: 10
January 29, 2018, 11:38:42 PM
#10
Isn't that the ICO pre-sale?
But generally you have to get a certain amount of investment before the open ICO, which typically requires at least a few hundred thousand dollars.
copper member
Activity: 1288
Merit: 1010
January 29, 2018, 11:24:37 PM
#9
As a rule, the pre-sale exhibition was highly valued for minimum purchase of tokens. But if you do not have a few million in stock, then there simply will not allow.
member
Activity: 81
Merit: 10
January 29, 2018, 11:15:40 PM
#8
Private Sale there is a big risk, because at that time you don't know this project will be hot and the project can proceed, boldness and extremely bullish can attend Private Sale.

full member
Activity: 644
Merit: 100
January 29, 2018, 11:13:21 PM
#7
You can try to buy some tons from ico telegram privat presale Smiley if you have a huuuge amount of money just wright to their team:)
newbie
Activity: 22
Merit: 7
January 29, 2018, 11:07:02 PM
#6
Before it was about getting into ICOs, now it's about getting into pre-sale of the ICO.

It's getting out of hand, as unfortunately, the whole 'pre-sale' idea goes against what made ICOs great in the first place because they were open to your average investor.

What makes this even worse is there are a lot of instances where the pre-sale investors just dump their bags upon launch and leave the pre-sale guys stuck holding.
newbie
Activity: 43
Merit: 0
January 29, 2018, 11:00:20 PM
#5
try with Signals -  “marketplace of data science powered signals for trading cryptocurrencies"
QFT
sr. member
Activity: 476
Merit: 250
January 29, 2018, 10:43:19 PM
#4
If it was a true private sale I don't think it would get offered to you this way. And if someone does reply to you I would think twice if this is how they need to get their funding.
member
Activity: 574
Merit: 13
January 29, 2018, 10:34:45 PM
#3
I have never done private sale in one of the tokens. Most likely, private sale to do transaction before token launch
member
Activity: 350
Merit: 10
January 29, 2018, 10:15:21 PM
#2
I dont think private sales do advertise on ICO website. The private sales are mostly for high capital net worth investors. What is mostly available is PRE- ICO and main ICO. Yet you can esquire from the project team if they can let you involve in private sales.
copper member
Activity: 183
Merit: 10
January 29, 2018, 10:09:21 PM
#1
We are looking at buying tokens in a private sale before the ICO or Presale.  Has anyone ever done this and what are the terms you look for?
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