What are the benefits of pre-minting in the cryptocurrency industry?

1 answers

• May 05, 2022 · 3 years ago
  Pre-minting, also known as token pre-sale, is a strategy used in the cryptocurrency industry to generate funds before the official launch of a project. The benefits of pre-minting include early access to tokens at a discounted price, which can potentially result in significant profits if the project succeeds. Pre-minting also allows projects to build a strong community of early supporters who can contribute to the project's growth and success. However, it's important for investors to conduct thorough research and due diligence before participating in pre-minting, as there are risks involved, such as scams or projects with no real value proposition.
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