What is the Whitelist-First Approach in Crypto Presales?
The Whitelist-First approach to presales is one that’s been gaining traction in the crypto space. It’s an invitation to participate in a new token launch, but only for those who meet certain pre-established criteria. These criteria can vary by project but generally include being an active community member or having a vested interest in the project from the start.
This model aims to target dedicated investors and limit the number of newcomers drawn in by speculative hype, allowing this early group to gain lucrative tokens at a lower initial price. It otherwise works as a tier 1 round, so displacement in post-launch market cap is expected.
So what does it mean? Why use it? And what’s the catch?
