Bitcoin the first digital currency was launched in 2009 through mining since then developers has been launching digital currencies through a token presale or crowd sale called ICO (initial Coin Offering) which allows interested users to support the development of the project by exchanging bitcoin for the token issued by the developer.
Digital currency presale is very much similar to early investments in companies which allows investors to grab a share of a company while at early stage. Currencies such as Nxt, Ethereum, Bitshares,
Factom and Storjcoin X was introduced with presale events netting early adopters as much as 10,000% ROI.
There are many benefits to getting involved with an ICO which are not limited to acquiring cryptocurrency without the process of mining and these ‘shares’/tokens purchased via ICO are a much more flexible form of investment as you get more control on when you want to cash out as withdrawals are much
faster.
Cryptocurrency with decentralized applications (Dapps) has being the hottest investments in bitcoin space after Ethereum that was sold for 13 cent reached $10 per coin with over $10 billion
market cap. LISK (cryptocurrency similar to Ethereum) recently raised over $5 million in a presale.
Upcoming Cryptocurrency Presale – Waves Platform
The developers are giving some free wave tokens with a total of 2000000 being given out to their newsletter subscribers alone among other ways such as following their twitter account or even joining
the Facebook group being rewarding actions with a total bounty of 15 million tokens put on various activities. Sometimes freebies in presale events are usually worth a lot of money when the project is ready, for example DECRED developers gave out free 282 DCR coins which now worth over 1.3 Bitcoin (159,094 Naira )
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consumers actions. Remember; never invest more than you can lose.**
Originally posted at NairaEx Blog