The process of "Presale" is an early stage in funding a specific project or releasing a digital currency. During this phase, the currency is sold before it is offered to the general market. This type of sale is usually restricted to specific investors or a limited group of people.
The goal of a Presale is to gather the necessary funding to support and finance the development and introduction stages of the project or digital currency. This process often happens before the currency is announced in public markets and before it is made available to regular users.
During the Presale period, participants typically acquire digital currency at a discounted rate or under specific conditions, encouraging them to engage in the deal. After the Presale concludes, the currency is made available to the public through exchanges or approved markets.
This kind of offering enables rapid capital accumulation and may present an opportunity for investors to obtain currencies at lower prices compared to the public stage. However, caution, thorough research, and careful consideration are essential before engaging in a Presale, as there can be associated risks with participating in these early-stage deals.