What do you think about Private Sale? - page 6.

Jobbernowl

member

Activity: 222

Merit: 12

Quote from: PHI1618 on June 03, 2018, 03:10:11 AM

As such, there is an extreme hype in people like us. Quarkchain, for example.
I think they make hype like this.

I don't even know who managed to take part in the project (Quarkchain). It was a long journey with many trials. I looked at it with surprise. The team came up with more and more new stages, obstacles, conditions. Probably it was the longest preparation for ICO. And of course, the private sale is to blame for this. They privately sold almost all the tokens at once. Well, we will try to buy these tokens on the exchange until the price grows above the clouds.

mihelson

member

Activity: 149

Merit: 10

@crypto_pro01

For such guys as we exist ICO pools. They unite people who want to invest in ICO but who do not have either the minimum amount to enter the project. ICO pool can also provide participation in closed sales and good bonuses and discounts. Here is an example of such a pool in the telegram @ICO_Private

MintCondition

legendary

Activity: 1147

Merit: 1007

Quote from: jakiro.hovard on June 03, 2018, 09:58:29 AM

Private sales are a wonderful process in which people who are never known to the world take part, but they very often decide big. part of the costs that are needed to develop the project, so I think that they are necessary.

In my own understanding. Private sale is a tool to trick investor. Do you notice that all private result on sold out of tokens without proof of purchase. They use it to attract more investor to invest since they know that there are a lot investors already participated on private sale and the risk is very low for the project to turn scam.

Cynooza

full member

Activity: 238

Merit: 100

I believe Private Sale is a good thing for ICOs with narrow field of application as that lets them attract substantial funds at early stages. On the other hand, I would invest in an altcon (with own blockchain) which had a private sale as it would imply a high level of centralization.

jakiro.hovard

full member

Activity: 504

Merit: 100

Private sales are a wonderful process in which people who are never known to the world take part, but they very often decide big. part of the costs that are needed to develop the project, so I think that they are necessary.

krassy

member

Activity: 476

Merit: 19

Private sale is a good way to invest I think. Private sales are often carried out by very well-known campaigns to exclude small investors and attract only large sponsors, and such sales attract attention due to large bonuses and discounts.

tonjeng didejeh

newbie

Activity: 84

Merit: 0

private sale is a way of investing more than ico because of its huge bonus but this also has big risk because not necessarily private will succeed, I dare to join in private sale with little capital

lobo13hf

hero member

Activity: 2268

Merit: 507

Quote from: PHI1618 on June 03, 2018, 03:10:11 AM

What do you think about Private Sale?
Now the new ICOs attach importance to private sale. They sell to big investors secretly. A small amount is left for Ico. The remaining amount is selling out. As such, there is an extreme hype in people like us. Quarkchain, for example.
I think they make hype like this. After selling a small amount at Ico, it is going to the market x3 x4. And those who buy in private sale sell at these prices.
I do not like projects that do this. I totally think they are doing it to attract big investors. Because big investors are investing between 1000-5000 eth in one go.

I've participated in the open privatesale and honestly i feel so good with it. I bought more than 100 eth worth of open token and it has returned to the 300eth right now. The private sale has been offering to the whales or large participant if there will be more whales join and the total circulating supply will be owned by some person and then the only way to buy token that through the exchange site. And that will be so easy touch 2x - 3x return and that's awesome. less token holders and more hype

FrueGreads

legendary

Activity: 1582

Merit: 1059

Well, I think I understand the reason behind private sales. They usually select investors that are interested in going big on the project and are not there to play around. It's also a lot easier to target those investors, and you don't need to spend a lot of money in marketing etc, so you end up getting more funds this way.

Of course that this sometimes is "bad" for the retail investors like us. No just the private sale, but also selling at a discount first and the last users will be paying more for the same token. If the investors from the private sale weren't allowed to sell their tokens at that time everything would be ok, but the problem is that the last investors are sometimes paying more, and just allowing for the first investors to start selling their coins with big profit since they got a discount first. I thin it would be better if everyone was only allowed to sell at the same time, but usually this doesn't happen.

bitvalak

sr. member

Activity: 868

Merit: 267

SecureShift.io | Crypto-Exchange

Quote from: PHI1618 on June 03, 2018, 03:10:11 AM

What do you think about Private Sale?
Now the new ICOs attach importance to private sale. They sell to big investors secretly. A small amount is left for Ico. The remaining amount is selling out. As such, there is an extreme hype in people like us. Quarkchain, for example.
I think they make hype like this. After selling a small amount at Ico, it is going to the market x3 x4. And those who buy in private sale sell at these prices.
I do not like projects that do this. I totally think they are doing it to attract big investors. Because big investors are investing between 1000-5000 eth in one go.

this is due to the lack of investor interest in ICO, and the existence of KYC rules that make anonymous investors feel uncomfortable with it. And finally those ICO project makers are forced to sell ICO privately to anonymous investors, then the rest they sell transparently. There needs to be a change for the current ICO rules, because if circumstances like this continue the ICO project will only become garbage.

emmmmm

member

Activity: 210

Merit: 10

The Experience Layer of the Decentralized Internet

I think private sales for an ICO is a good way, because by private sales, if the soft cap, so it will greatly increase the confidence of investors, so this project will be faster to complete the ICO raise.

vgk88

full member

Activity: 728

Merit: 130

I think for some projects, private sales are normal, but it's important to keep balance in this. Also, you can hold the airdrop to increase the number of token holders.

Svelto

sr. member

Activity: 686

Merit: 257

I do think private sale is good for an ICO project. The amounts raised in private sales give confidence to the main sales investors whether the project hit the soft cap and go live eventually.

smile2018

newbie

Activity: 3

Merit: 0

Smile, it is glaring that private sales is the determinant of sales at the end of every project. They have much discount while they buy at large (private investors). They assist many much project to achieve their hardcap

leland orser

member

Activity: 196

Merit: 10

The Experience Layer of the Decentralized Internet

But I don't think it's a good trend.
Because private sales are likely to have a higher percentage of the discount, and private sales are difficult to face legal problems.

Sebas.tian

full member

Activity: 2100

Merit: 174

Private sale bonuses are fair--imagine the risk you are going to take when you are investing in this period. It is much greater than the main ICO investors where funds are sent back to them when the project didn't reach the softcap whereas pre-ICO investors have their funds good as gone when this happens.

seo-maestro

member

Activity: 420

Merit: 15

Private Sale is too risky because you give much money for a long term. I like Public Sale with lower risks and investment terms.

Ctn

sr. member

Activity: 644

Merit: 259

Quote from: PHI1618 on June 03, 2018, 03:10:11 AM

What do you think about Private Sale?
Now the new ICOs attach importance to private sale. They sell to big investors secretly. A small amount is left for Ico. The remaining amount is selling out. As such, there is an extreme hype in people like us. Quarkchain, for example.
I think they make hype like this. After selling a small amount at Ico, it is going to the market x3 x4. And those who buy in private sale sell at these prices.
I do not like projects that do this. I totally think they are doing it to attract big investors. Because big investors are investing between 1000-5000 eth in one go.

Off course private sales are held for the quick money raising. They also have the lower limits of 1000 USD or 1 ETH like that where investor like us who hardly invest few hundred dollars in them at early stages cant afford to do that. That is not just strategy to excite others to invest into it but also a way to show the rest of the community that they have raised enough funds and which means that they are doing great with their crypto sales. However we should be careful about all the hype investment as they can always lead to scams or fraud. I always wait until the main ICO where actual people starts investing as they come to know about its legality.

frowsiter

sr. member

Activity: 714

Merit: 261

Those benefits are surely their but one thing you are missing here is the legitimacy of the crypt projects. Do you really think that we will always hit the ICO which is going to be listed on the exchanger. If you think about this practically then I have 100% surety that we will always end up entering the scam ICO projects. There is no argument about this because we know very well how crypto projects are behaving these days. They come and raise the fund required but they never develop the projects.

Entering straight into the private sale looks very very risky for me. As we get 0% assurance by that premature stage and we never know whether they will refund our money or not if the sale didn't go as per their requirement.

clonely

member

Activity: 490

Merit: 10

SEND AND RECEIVE MONEY INSTANTLY

I can not think much of anything. Because it deals with those who have a lot of money. most private sale minimum investment amount is more than the amount of crypto money I have.

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