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Author Topic: Pre ICO Question  (Read 116 times)
thinklab71 (OP)
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February 24, 2018, 07:27:36 PM
 #1

Is it normal for the pre sale to only be open to people who registered prior or is it normal for anyone to participate in the pre sale pre registered or not?
andriegembel
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February 24, 2018, 07:36:59 PM
 #2

Is it normal for the pre sale to only be open to people who registered prior or is it normal for anyone to participate in the pre sale pre registered or not?

I think it's perfectly normal. In private we must be registered in the whitelist. People who have registered in a whitelist have a chance to have a coin at a cheaper price than ICO. Smiley
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February 24, 2018, 07:47:06 PM
 #3

Is it normal for the pre sale to only be open to people who registered prior or is it normal for anyone to participate in the pre sale pre registered or not?

That is why it is called pre-sale,you need to get listed on the whitelist for you to get your tokens in cheaper prices compare to the ICO,and the main sale.Normally you will need to send your IDs in the whitelisting ,the process is also called KYC - Know Your Customer which is needed because the U.S citizens are not allowed to participate in any ICOs that is according to the SEC's regulation.

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Lerikaweb
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February 24, 2018, 07:52:22 PM
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yes, it is absolutely normal. This is how marketing work. You get a discount (or bonus tokens) if you are on the list. It makes a person think they are kinda exceptable Grin Huh and the limited amount of participants makes people hurryup and join the whitelist.

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realsmans
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February 24, 2018, 08:00:44 PM
 #5

Is it normal for the pre sale to only be open to people who registered prior or is it normal for anyone to participate in the pre sale pre registered or not?

It depends on how project will provide it. It doesn't worsen project's karma, just a different way to carry out the sale.

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goyal.dkg
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February 24, 2018, 08:02:28 PM
 #6

pre-sale ususally have low cap and high discount or bonus rates ,
its only for early birds , so if you think any ico will boom in future then try to join pre-ico ore presale round .
Fahim
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February 24, 2018, 08:27:26 PM
 #7

pre-sale ususally have low cap and high discount or bonus rates ,
its only for early birds , so if you think any ico will boom in future then try to join pre-ico ore presale round .

You absolutely correctly said.
Now many projects have started to introduce a white list in order to approximately understand how many potential investors. It also helps to deny participants from countries that are banned from participating in this ICO. A document check takes some time.
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February 24, 2018, 09:18:46 PM
 #8

Of course, pre-sale usually gives a good opportunity to buy tokens at a lower price. Often with a huge discount: 50-100%. If I want to invest then I try to buy it during the pre-sale.
cryptomngr
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February 24, 2018, 09:24:30 PM
 #9

That is completely normal most of the pre-ICO sales will require you to get whitelisted,and most of these ICOs are conducting KYC verifications to comply to the SEC's regulations because some u.s citizens are still joining these ICOs when they  are prohibited to join any of these ICOs,private sales and pre-ICO sales are the cheapest way to get these tokens,and most of the early birds are joining these pre-ICO sales because it will maximize their profits in the future.

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February 24, 2018, 09:31:23 PM
 #10

Typically you have to register before. I know for Polymath's airdrop you had to do KYC. it's really to prevent fraud and bots from unfair gains. https://polymath.network/
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February 24, 2018, 09:34:51 PM
 #11

Is it normal for the pre sale to only be open to people who registered prior or is it normal for anyone to participate in the pre sale pre registered or not?

It is good to register before the pre sales commenced on any ico but to actually participate in any pre sales period did not actually required any one to to register as the most of the developers are out there looking for investors and as far as you have fund to invest most of them don't mind.
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February 24, 2018, 09:40:30 PM
 #12

Is it normal for the pre sale to only be open to people who registered prior or is it normal for anyone to participate in the pre sale pre registered or not?

Yes of course that normal, because pre ICO have a massive bonus so that bonus will give to people who want to invest much money, must fill whitelist form, KYC verifications and etc to eligible for pre-ICO.


Is it normal for the pre sale to only be open to people who registered prior or is it normal for anyone to participate in the pre sale pre registered or not?

It depends on how project will provide it. It doesn't worsen project's karma, just a different way to carry out the sale.

Yes, i agree depends of the project, Pre-ICO is a marketing technique, not all project using this technique
setifien19
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February 24, 2018, 09:50:02 PM
 #13

Nothing is abnormal, people who are listed in the whitelist ( for pre-ICO sales using KYC verification ) have the right to get coins / tokens at a cheaper price ( comparing to the ulterior "ICO" price ) .
Also, it's an intelligent idea from project owners in order to collect sufficient amounts
Emperor of Man
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February 24, 2018, 09:53:28 PM
 #14

Yes, it's normal. Pre-sale people get a better price, but they are required to do some more extra things, like doing KYC or other legal stuff or providing a big ass amount of money as a minimum.
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