Editorial Note:The ICO online editorial team maintained a neutral perspective while elaborating this content. While we can obtain sponsored inclusions commissions, this does not influence our evaluations of the topic.
Let’s start with a simple story. Imagine that he is at the airport, hoping to a plane for his vacation. You listen to an announcement about the speakers that says: “Now we are addressing Group 1.” This group is usually for first -class passengers, and first they can board the plane.
A few minutes later, they call “Group 2” for executive class passengers. Finally, they begin to call the main cabin groups where most people are sitting. They all get on the same plane, but address at different stages, and some people paid a different price for their ticket.
New encryption projects are often launched very similarly. They have different “shipping groups” for their investors. This is called staggered. This guide will be his simple shipment pass, decomposing What are the staggered ones and how do they work? so that you can understand each stage of the process.
What is a staggered presale?
So what exactly is a staggered presale? In simple terms, it is a fund collection plan in which a new project sells its tokens in multiple different stages or “levels.”
Each level has its own special rules set. This includes a different price for Token, a different group of investors who are allowed to join and different rules for how long tokens are locked. It is a way for a project to collect money step by step. They usually begin with some large investors and then open the sale to the general public.
A breakdown of levels
Let’s take a close look at the different “boarding groups” for an encryption launch. We can see who becomes in each group and what kind of treatment they get.
Seed and private rounds
This is the first and most exclusive group. You can think of her like the first class cabin on the plane. These sales occur very early in the life of a project, and occur behind closed doors.
- Who is in this group? This group is not for the general public. It is reserved for large professional investors. This includes large investment companies called Risk Capital (VC), rich “Angels” and other important partners.
- What is your treatment? These investors can buy the new chips at the best possible price. In exchange for this great price, they have to invest a lot of money. They also have to accept having their chips locked for a long time, often for two, three or even four years.
Public presale
This is the “shipping group” for everyone else. This is the great public event that occurs just before Token appears in an important cryptography exchange. This is the stage to which most usual investors can join.
- Who is in this group? This group is for the general cryptographic community. That means people like you and me. These are the main types of opportunities that you will see when you are sailing Upcoming public presales on listing websites.
- What is your treatment? The price of token in this round is still discounted, which is excellent. But, the price is always a little higher than first class investors paid. The good news is that the amount of investment is much smaller and more affordable, and tokens blocking periods are much shorter.
Why do projects use levels?
You may wonder why projects use this staggered system. There are some very intelligent reasons behind this. A key part of understanding What are the staggered ones and how do they work? is to know the strategy.
1. reward early risk
Investors entering the first rounds are taking the greatest risk. At that very early stage, the project could be an idea on a sheet of paper. The project rewards these brave investors for running this enormous risk by giving them the best possible price.
2. To develop impulse and hype
A staggered system also helps generate emotion step by step. When a project can successfully close its private seeds round, create many good news.
This positive impulse helps generate advertising for public presale. It makes more people want to get involved in the next round. Each successful level helps create energy for the next.
3. Involve different types of investors
Projects often need different things from different types of investors. Large VC companies can bring a lot of money and valuable commercial connections to the project.
Public investors, on the other hand, bring a strong and passionate community. They also help spread the property of Token. A staggered system allows projects to obtain the best of both worlds.
What this means for you, the public investor
Now for the most important part. How does all this information to make smart investment decisions help?
Understand the “dilution” and the first sellers
It is very important that you know when you invest in a public presale, many tokens have already been sold. Private investors have been sold at a much cheaper price than you are paying.
You should keep in mind that these first investors may eventually sell your tokens. Understand that this is a critical part of What are the staggered ones and how do they work?.
Look for fair structures and long blockages
When you are investigating a new project, you should try to find the details of your private sales rounds. A good project will have very long “award periods” or tokens locks for your private investors.
This means that large risk capital companies cannot sell their cheap chips on the first day and block the price. You want to see a fair structure. The story of Initial Early Coins Offers (ICO) He taught us that the projects that gave too many tokens to experts without locks often ended very badly for public investors.
The market context is always the king
Finally, you should always remember that even a project with a perfect staggered structure can still fight if the general cryptography market is inactive. Before deciding to invest, it is always an intelligent idea Verify current market prices To have an idea of market health.
At a glance: a simple comparison table
Here is a simple table to help you remember the main differences in a look.
| Feature | Seed/Private Round | Public presale |
| Boarding school | First class | Main cabin |
| Who can join? | VCS, professional investors | The general public |
| Token price | Lower absolute | Discount (but> seed) |
| Investment size | Very high ($ 25k+) | Very low ($ 100+) |
| Access | Only invitation | Open (Blanca/Lottery) |
| Token block | Very long (2-4 years) | Short or none |
Conclusion: Know your shipping group
Let’s go back to our airport analogy for the last time. Understanding staggered presales is like understanding the boarding process of the airline. You know what group you are in, you know who can board the plane before you, and you know what to expect when your turn to follow.
The key difference between levels is really reduced to three things: price, access and risk. For now, you should have a clear response to What are the staggered ones and how do they work?.
There is no “better” or “worse” stage; They simply have different purposes for different types of investors. By understanding this system, it can be a much smarter and more safe investor. If you ever have questions about the specific financing stages of a project, it is always a good idea Contact an expert analysis team For help.
