For starters, this is a guide on what a token pre-sale is and how to participate in one.
The basics
A token pre-sale is a sale where investors can purchase tokens before the token is tradable. This means that you can buy the tokens for a fixed price. After a pre-sale ends and the token becomes tradable, the price will change. Most successful token pre-sales give an advantage to buyers of the Pre-Sale because the purchase price of most tokens rises instantly after they become tradable.
The ‘Soft cap’ of a pre-sale is the minimum amount of tokens must have been sold to finalize a pre-sale and make the token tradeable. If the soft cap is not reached, the pre-sale fails and will enter refund mode, so investors can restore their investment.
The ‘Hard Cap’ of a pre-sale is the maximum amount of tokens that can be bought within that pre-sale. If a Pre-Sale reaches this cap, it can be finalised and the token becomes tradeable.
The ‘User Cap’ is the maximum amount of tokens one wallet can buy in a pre-sale.
The Kudex Launchpad
At Kudex, users can participate in token pre-sales with KCS. For more info on how to buy KCS, click here.
To provide our users with a comfortable experience, we’ve built our own Launchpad where developers can create a token pre-sale and users can easily participate in token pre-sales. A percentage of the supply from every token pre-sale between 55% and 85% is automatically locked in our own Token Locker for a set period of time after a pre-sale successfully finalizes. This will ensure that the liquidity cannot be removed for the time the tokens are locked.
Take note that Kudex is not responsible for any activities or token pre-sales on our Launchpad. DYOR before participating in any token pre-sale!
How to participate in a token pre-sale
Step 1 — DYOR: Before investing in a token pre-sale, do your own research.
Step 2 — Choose pre-sale: Choose the token pre-sale that you want to participate in.
Step 3 — Buy TOKEN: Click on the ‘Buy TOKEN’ button to go to the tokens pre-sale page.
Step 4 — Amount: Enter the amount of KCS you want to contribute in the token pre-sale and click on the ‘Buy …’ button. Confirm the transaction to deposit KCS in the token pre-sale. The maximum contribution amount of KCS per wallet is displayed as ‘User cap’ in the list below the sale.
Step 5 — Wait until the pre-sale has ended: After the pre-sale ends, the creator of the pre-sale has to finalize it. After this has been done, you can claim your tokens on the tokens pre-sale page.
If you have any questions or concerns, feel free to join the Official Kudex Community on Telegram
