Presale vs. ICO

[cenicsoft]

PCO is the new acronym. The better, improved ICO - discuss -  https://bitcointalk.org/index.php?topic=2198016

I didn't invent the PCO, I just "coined" it.

[1713533115]

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[1713533115]

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[1713533115]

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[Angelam2018]

PCO is the new acronym. The better, improved ICO - discuss -  https://bitcointalk.org/index.php?topic=2198016

I didn't invent the PCO, I just "coined" it.

You know I was just thinking the other day that exactly what this needs is another acronym 

I think it could catch on though!

[danbitcoin1]

Just to get some early cash I assume.

[cenicsoft]

PCO is the new acronym. The better, improved ICO - discuss -  https://bitcointalk.org/index.php?topic=2198016

I didn't invent the PCO, I just "coined" it.

You know I was just thinking the other day that exactly what this needs is another acronym 

I think it could catch on though!

Apparently we missed out on the opportunity since no PCO for BannerCoin. 

Maybe we can get credit for the new term as a consolation prize!

[Krypty]

Thanks for all your replies. Also did my research, and yes, you are right, seems it is for some big guys to chip in, and to make sure that they can run the ICO, prepare it. Pretty sure marketing costs are high to ensure having a well known ICO coming up. 

[jayc89]

Thanks for all your replies. Also did my research, and yes, you are right, seems it is for some big guys to chip in, and to make sure that they can run the ICO, prepare it. Pretty sure marketing costs are high to ensure having a well known ICO coming up. 

You should just do a 1 or two day ICO, if your product doesn't get any investment then start with what you have.

[aldrian09]

Hey folks,

i am wondering what are the differences between presale we see that often and an ICO. why do companies run a presale mostly with higher benefits compared to the following ICO? do investors have to stick to some kind of conditions afterwards? (hold at least for x month?) i dont assume that because ppl sometimes gather, group up to collect the minimum needed in a certain presale and participate. so what is so special about presale?

Most of the ICO conduct pre-sale so that they can collect money from people who is willing to invest in their company as early as they can with a big discount than the exact ICO.

[Angelam2018]

PCO is the new acronym. The better, improved ICO - discuss -  https://bitcointalk.org/index.php?topic=2198016

I didn't invent the PCO, I just "coined" it.

You know I was just thinking the other day that exactly what this needs is another acronym 

I think it could catch on though!

Apparently we missed out on the opportunity since no PCO for BannerCoin. 

Maybe we can get credit for the new term as a consolation prize!

Ha ha here's hoping!

[hdclover]

Hey folks,

i am wondering what are the differences between presale we see that often and an ICO. why do companies run a presale mostly with higher benefits compared to the following ICO? do investors have to stick to some kind of conditions afterwards? (hold at least for x month?) i dont assume that because ppl sometimes gather, group up to collect the minimum needed in a certain presale and participate. so what is so special about presale?

Most of the ICO conduct pre-sale so that they can collect money from people who is willing to invest in their company as early as they can with a big discount than the exact ICO.

Yes! Buy it won't work in that way all the times. For example take power ledger ICO as an example,  At presale the tokens were sold at 8.8c per token and they have collected $17 million. This made them to be confident on ICO but it's already in last week and they need to raise twice the amount that's already been raisen to be fair for Pre ICO investors.

[wayaneka]

Presale is a fundraiser before ICO, usually the project developer organizes presale to give more discount to attract investors, but for the investor will more risky to buy tokens in presale when hard cap is not reached and project fails, but also very profitable if project succeed. So that why will be very important to learn that project first before buy their token .
Before join presale better first learn the project in fundamentally like who the team founder and what problems will be solved.

[coastbank]

I think presales are more attrative to join than ICOs. As they do huge bonuses or discounts in presales. On the other hand you are just buying "air" in presales. But in icos you are at least buying alfa product.

[erjanite]

i prefer pre-sale if the coin is worth buying at early phase. if the whitepaper is crap but there's higher hyped score, I'll just buy it at crowdsale.

[SiverSurfer]

Presale is a fundraiser before ICO, usually the project developer organizes presale to give more discount to attract investors, but for the investor will more risky to buy tokens in presale when hard cap is not reached and project fails, but also very profitable if project succeed. So that why will be very important to learn that project first before buy their token .
Before join presale better first learn the project in fundamentally like who the team founder and what problems will be solved.

Why don't they just do a lengthy ICO then?

[richcorner100]

Presale is a fundraiser organizer by developers before ICO, and the goal is to attract investors by giving bigger bonuses. Presale with bigger bonus just like marketing strategy. But with the bigger bonus given will also be followed by high risk if after ICO finished the hard cap not reached and the project get failed. So it is very important to study the white paper and other fundamentals of the project before investing.

[Angelam2018]

Presale is a fundraiser organizer by developers before ICO, and the goal is to attract investors by giving bigger bonuses. Presale with bigger bonus just like marketing strategy. But with the bigger bonus given will also be followed by high risk if after ICO finished the hard cap not reached and the project get failed. So it is very important to study the white paper and other fundamentals of the project before investing.

That's exactly what it is - although there are some ways to mitigate the risk for the very early pre sale.  We are using an escrow service and contracts so that if the pre sale doesn't raise the required funds then everything will be returned via the escrow service.  Still risky but there are a few things that projects can do to try and de-risk the opportunities

[erox]

I think they spend a pre ICO in order to get the money for the ICO and advertising of the project.

[legendbtc]

Hey folks,

i am wondering what are the differences between presale we see that often and an ICO. why do companies run a presale mostly with higher benefits compared to the following ICO? do investors have to stick to some kind of conditions afterwards? (hold at least for x month?) i dont assume that because ppl sometimes gather, group up to collect the minimum needed in a certain presale and participate. so what is so special about presale?

Most of the ICO conduct pre-sale so that they can collect money from people who is willing to invest in their company as early as they can with a big discount than the exact ICO.

Yes, most of the ICO companies are conducting the pre-ico phase for the cheap price. But at the time of ICO, the value be slightly higher compared to pre-ico phase. Some companies are reaching the minimum hard cap and some companies are not reaching the minimum soft cap.

[indrakusumaindra]

i prefer pre-sale if the coin is worth buying at early phase. if the whitepaper is crap but there's higher hyped score, I'll just buy it at crowdsale.

yes as long as its profit and we know more about the ico i rather choose the crowdsale with a smaller bonus in purchase. yes its true thats mean we are in opportunity-lost but since its profitable and safety rather than i buy in presale i would rather loss a bit and gain a lot of money than lose all of my money cause invest in a wrong ico.

[Legendari]

I think they do this in order to find out how the project is interesting to people.

[EdGutierrez]

I think they do this in order to find out how the project is interesting to people.

It can also be done as a way to get people interested. Pre-sales often have better incentives than ICOs, and gaining momentum can be difficult for many great projects. Pre-sales (PCOs) can inject a much needed investment in order to ramp up the future investment. Think of it as a discount for the first few customers of a new business.