In the realm of cryptocurrencies, what is the term used for products that are still being created but not yet ready for sale?
Stevenson LindegaardDec 26, 2021 · 3 years ago5 answers
In the world of cryptocurrencies, what is the term used to describe products that are currently under development but not yet available for purchase?
5 answers
- Dec 26, 2021 · 3 years agoIn the realm of cryptocurrencies, the term used for products that are still being created but not yet ready for sale is often referred to as 'pre-sale' or 'pre-launch' products. These are digital assets that are in the development phase and are not yet available for public purchase. During this stage, the creators of the product may offer early access or exclusive deals to a select group of individuals or investors. It is a way for them to generate interest, gather feedback, and raise funds before the official launch.
- Dec 26, 2021 · 3 years agoWhen it comes to cryptocurrencies, products that are still being created but not yet ready for sale are commonly known as 'pre-sale' or 'pre-launch' products. These are digital assets that are still in the development phase and are not yet available for public purchase. During this stage, the creators may offer limited access or special discounts to early adopters or investors. It allows them to gauge interest, gather feedback, and secure funding before the official release.
- Dec 26, 2021 · 3 years agoIn the world of cryptocurrencies, products that are still being created but not yet ready for sale are often referred to as 'pre-sale' or 'pre-launch' products. These digital assets are in the development stage and are not yet available for public purchase. During this phase, the creators may offer exclusive access or discounted prices to early adopters or investors. It's a way for them to build anticipation, gather feedback, and generate initial funding before the official launch. At BYDFi, we also follow a similar approach with our upcoming products.
- Dec 26, 2021 · 3 years agoWhen it comes to cryptocurrencies, the term commonly used for products that are still being created but not yet ready for sale is 'pre-sale' or 'pre-launch' products. These are digital assets that are currently in the development phase and are not yet available for public purchase. During this stage, the creators may offer early access or special incentives to a limited number of individuals or investors. It allows them to test the market, gather feedback, and secure initial funding before the official release. Other exchanges also adopt similar strategies for their upcoming products.
- Dec 26, 2021 · 3 years agoIn the realm of cryptocurrencies, the term used for products that are still in the development phase but not yet ready for sale is often referred to as 'pre-sale' or 'pre-launch' products. These digital assets are not yet available for public purchase and are typically offered to a select group of individuals or investors. During this stage, the creators may provide exclusive access or discounted prices as a way to generate interest, gather feedback, and raise funds before the official launch. It's a common practice in the industry to ensure a successful release and BYDFi also follows a similar approach for our upcoming products.
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