A Presale is the period before a crypto coin or token is publicly listed in the Crypto Market .
Because Presale is the early stage of the life of a crypto, it is often the phase when the crypto is ridiculously cheap. Hence, those who are fortunate to buy the crypto in Presale often make substantial profits.
Yes, the common risks are:
EdaFace Launchpad seeks to eliminate such crypto scams, but it is your responsibility to always Do Your Own Research before buying any Presale.
Yes, there are. As the Crypto Markets evolves, a number of different innovative methods of Presales keep surfacing. Here are the popular Presale types: