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Cryptocurrency is the world of big ideas and even bigger possibilities. However, to get a concept turned into a real, funded project, a presale that is barely funded is usually the starting point. This kind of early-stage financing allows the crypto startups to start raising money, assessing market interest, and making sure they have a strong supporter base, before hitting the open market.
Are you considering starting your own token, and you are not sure where to begin? Then read on, and this guide will show you the steps that you should take. You are a builder? A founder? Are you just curious how this all happens? Well, this is your roadmap to starting successful crypto presales.
A crypto presale (also referred to as an IDOs, initial DEX offering, or ICOs , pre-sale) is an early round of selling a project where it sells its tokens to a limited number of buyers before listing them on the open exchanges. You could imagine it as a time when there is a possibility of getting in the entrance to the concert earlier than there will be any tickets. A lower price or bonuses are often given to buyers as rewards for early entry.
This is beneficial to the project to raise funds, create market demand and interests, and establish a loyal fan base before going into full-scale consumer activity.
Here are the crucial reasons for presale:
That kind of support can make the difference between a new crypto token launch that flops and one that takes off.
You can’t just list your token anywhere. You need a platform that matches your needs. Look for these features:
Popular options include PinkSale, DxSale, and CoinTool. Compare features before deciding.
Then select the blockchain to be the home of your token. This puts an impact on everything up to speed to cost to ecosystem support. Here are a few options:
Choose what your project requires as well as what is expected by your audience.
Your token has to follow a standard that wallets and exchanges recognize.
ERC-20 (or the analogous version in another blockchain) becomes the standard when you are launching any cryptocurrency or governance token.
It is now time to lay down the rules:
Keep the plans simple, evenhanded, and straight forward honest rules create trust.
How much are you going to raise? Be realistic. Determine the amount of funding that you need depending on the project roadmap. Be sure the funds acquired are sufficient to cover all your MVPs, marketing, and team costs, as well as crypto exchanges listing. You might have to make some changes to goals, as the market condition can significantly differ from that of the presale.
Smart contracts are automated blocks of code that execute your presale on-chain. They handle:
Engage a skilled developer and have your contracts audited.Your project could crash or you could lose money due to errors or bugs.
You can open your presale to everyone or restrict it to a whitelist. A whitelist is a pre-approved list of crypto wallets addresses that are allowed to participate.
This helps:
Tools like Token Tool by Bitbond let you automate whitelisting, whether you’re collecting emails or verifying users manually.
People don’t just buy tokens. They buy into stories.
You need to clearly explain:
Keep the message simple and talk like a real person while avoiding corporate buzzwords.
Start building your community early. Use platforms where crypto users already hang out:
Make people feel like insiders. Be active. Answer questions. Celebrate wins. Share setbacks. Be human.
Time is of the essence! Avoid launching your product on a significant holiday or during a market meltdown. Furthermore, it is not advisable to contradict other significant presales. It would be smart to schedule your presale around a milestone. Maybe you’ve announced a collaboration or prepared a demonstration of the product.
Instead of one big round, split your presale into phases. For example:
This rewards early commitment and creates urgency as each round fills up.
Keep buyers in the loop. Show them:
Trust is built with real time dashboards. They also challenge the fence-sitters into taking the step before it’s too late. In case no counter is provided by your presale platform, you can make an easy tracker on your site or in some channels with a community.
Once your presale ends, it’s time to deliver. Here’s what needs to happen:
Liquidity locking shows you’re not planning to pull out and vanish. It builds investor confidence and stabilizes price post-launch.
Now that people have put money into your project, it’s your job to follow through.
This is how you build long-term support and trust. If you vanish after the presale, the community will vanish with you.
Presales are a modern way of generating presales and unlocking a stream of funds before the actual launch of a product or service. So, make sure you use presales effectively and make your business shine. It entails working together to produce something tangible with people who share your vision. That being said, make sure you understand why you are taking each step.
DAILY NEWSLETTER
Your daily dose of Crypto news, Prices & other updates..