Private sale After ICO complete

[enellf]

There seems to be no rules or regulations that they are bound to do when it comes to such arrangements. It actually depends on the project itself, whether you want to go for pre sale and then the private sale or just simply start with the private sale, does not make any difference.

[antonwantbitcoin]

Such projects resemble crosses. It is important for them to collect more invaders. They are not very interested in the development of the project. I look with caution on such projects

[Agaventy]

I think company run this private sale only to increase their sale and they can earn more popularity than before. They also run these private sale if they did not reach to the hard cap either.

[Hercerays]

I think your assumption is correct. If they don't reach their hardcap in the ICO period then they run private sale so that the can attract more customers. Or maybe I think they might run the private sale for  those who are holding huge ammount of their coins in special price.

[xianbits]

2. and the most reasonable thing is, they have not reached hardcap yet, so they try to find new investors who are interested or cooperate with other projects until the hardcap that they want is achieved

the project example is : swissalpsmining and thinkcoin

what do you thing?

This may be a closer-to-reality reason but I don't think it's the best way to do in a project. Even the "private sale" concept is not so good to me, much more when it is being done after ICO. If they are not able to reach the hardcap, then maybe, they just have to extend the ICO.

[Mikell556]

I think that to conduct private sales after the termination of ICO is silly. As a rule, in the course of private sales, a very low price is made for large investors.

[MsBella_120799]

 I am currently confused by the decision of some projects that hold private sale after ICO, that sounds strange to me because usually the ICO project first will be preceded by a private sale to potential investors and investors with a minimum purchase of up to 5 BTC...after the private sale , there was a presale and then ICO...

[bitkanu]

What I understand from your statement is that some ICOs are holding private sale after the ICO public sale ends. It is probably because they haven't reached the softcap and want to extend the sale period by giving it a different name. ICO is a very new market and the rules are not yet framed. It is just a market practice to have the below phases,

1. Private sale
2. Pre-ICO
3. Main ICO

There is no hard and fast rule for private sale period or its chronology. So I don't see any reason not to have a private sale phase after the ICO ends. Probably the ICO owner is trying to sell off the remaining amount of tokens to the investors through this. That's completely normal! At the end of the day, the goal is to fund the business!

off course that was normal but it strange ,private sale after ICO, they said ICO was succesful because some huge demand they stop the ICO and goes to private sale, if has a huge demand and huge interest why must by private sale. it should they continue the ICO right. but marketing plan sometimes goes weird to get an attention

Or their demand were fake, remember when a lot of trusted icos has gained so many trust from the investors and they have been putting the transparency as the priority. in fact that these days many icos are lack of the transparency.  But i can't 100% believe on the private sale and it looks suspicious.

[krassy]

Each project has the right to choose the stages of public and private sales, so there is nothing wrong. Especially if the company pre-declares a private sale after the official ICO, there may be a group of investors who are willing to invest in the project only when reaching a certain level of fundraising.

[Lanatsa]

I am currently confused by the decision of some projects that hold private sale after ICO, that sounds strange to me because usually the ICO project first will be preceded by a private sale to potential investors and investors with a minimum purchase of up to 5 BTC. after the private sale , there was a presale and then ICO.but now everything is like upside down, some crypto projects hold presale and ICO first and after that they hold a private sale.some investors who want to know how much fund that they get so far they can only answer "this is private sale, if I tell you it is not a private sale, but a public sale", the answer makes sense but does not solve the problem


I have an assumption that some of the developers chose this thing:

1. that is one of their reasons to make investors and bounty hunters who want to get tokens impatient, even though it sounds unreasonable but with this, their projects are viral and many of the crypto know their projects. well if indeed this method is chosen maybe this is one of the bad ways to be chosen just to give a viral impact to the project.

2. and the most reasonable thing is, they have not reached hardcap yet, so they try to find new investors who are interested or cooperate with other projects until the hardcap that they want is achieved

the project example is : swissalpsmining and thinkcoin

what do you thing?

I havent still experience or faced up those kind of projects that do have that reversed system on making up sales because in most common private sale, pre-sale and then the public or main sale. On the case you had mentioned they are done with the Main sale so it supposed that they hit up the cap because if they do ask out another private sale then its a little bit sketchy because it might really give out some reason for extension or they didnt really reach any cap at all.

[Danica22]

In my own opinion I think there is no lay down structure on how to raise a fund during the ICO, and any team can choose to raise their money any way they want, maybe if they start with private sale, they won't get much support to continue their project building and want to seek the funds first through ICO, I think it's their decision and they must have reason for that.

Good point,any ICO can choose between how they will raise funds its their own tactics and no one could stop someone doing that because ICOs are unregulated just like what cryptocurrencies are supposed to be.But IMHO successful ICOs shouldnt have any private sale after because if they have reached the hardcap why would they do that? for the sake of money?

[Docbee]

It surprised me about a project doing that private sale have been conducted endlessly, When the project first started a private sale was conducted and afterward a public sale and when it ended a private sale presumed and continue at the moment of writing this.