What do you mean tokens are locked within a certain period of time? Does it mean these tokens are centralized not decentralized where a office can lock control the tokens I bought?
But but the private sale on coinlist is just 5% of the total supply. 5% is nothing and if those 5% token buyers dumped it all it will just be 5% off market price not a proper crash dump.
It is their way to not let the dumpers do what they do best to dump the tokens they own that can decrease the price. I have a token before and they locked it for a certain time and later on it is now unlocked and can buy or sell. You will be able to know it when the team of the project announced that the token is now unlocked.
But the private sale is for 5% of the total supply. 5% dump is not enough to crash the market price of the token so why they put time restrictions on the 5% private sale buyers?
Here's the token distribution of this upcoming new project on coinlist:
So you can see 41% of the token are already held by private holders. And the 5% is just upcoming on coinlist so 5% is nothing compared to 41% who can dump and crash the market price
What does 54% Community incentives & rewards mean?
If a token can be locked/time restricted then the token is not truly decentralized right?
But for me coinlist is the best researcher for top projects.
Oh, for real? I will take a look at that; now that someone on the top echelon vouched for it. I thought BSCpad was the most credible, may be I mistakenly assumed that because I based its reputation on what Binance as an exchange has achieved.
It's not easy to get into Launchpad's private sell. some launchpads require to buy their tokens by tier to determine how much allocation they can get.
That's true. I once tried getting on the BSCPAD when I discovered at what ridiculously low rates investors were buying unlisted tokens compared to when they finally get listed. The ROI was tempting and I was highly tempted to give it a try, even though I had vowed not to buy into any project until it's listed on the market. I gave up the idea once I saw the stringent measures for qualification. However, I have discovered lately that such ROIs may not be there any more as I have bought some tokens mentioned on the BSCPAD recently cheaper than their prices were during private sales.
Give us a idea on what are stringest measures of qualifications required? Do you have to be a accredited investor status or angel investors who are professional investors?
Im just a retail investor.
When registering for the upcoming new project on coinlist I have to do a online quiz/exam where you have to answer questions on the project and the terms of the private sale.
Can you shed some light on which projects altcoins where cheaper in the public market in compared to the private sales held on BSCpad?
How does a retail investor like me fight with ventures to get a slot? Is it like a auction?
What good ventures you know of?
Not really. Auction is a kind of fair launch, where you win if you pay higher than others. Bounce Certified is a platform of this kind. Meanwhile private sales are in favor of huge investors. Private sales prices are always much better than public sales.
Some well known ventures include Coinbase Ventures, Binance Labs. Following their portfolios might bring you some profit.
Coinbase Venture & Binance Labs allow retail investors? I'm not a millionaire or a rich investor who is accredited or has angel investor status. I'm not Michael Saylor
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