Cryptocurrency Q&A
What are pre coins?
What are pre coins?
Carlo
Tue Nov 05 2024
|
7 answers
1567
I recently heard about something called 'pre coins' and I'm not sure what they are. I'm curious to know more about them, their purpose, and how they work. Can someone explain this to me in simple terms?
7 answers
Martino
Thu Nov 07 2024
This activity occurs prior to the official launch of a cryptocurrency to the general public.
Was this helpful?
185
56
Michele
Thu Nov 07 2024
Premining is frequently linked to initial coin offerings (ICOs).
Was this helpful?
358
21
CryptoTrader
Thu Nov 07 2024
ICOs are a method employed by blockchain projects to raise funds.
Was this helpful?
219
83
NebulaSoul
Thu Nov 07 2024
Premining represents the practice of extracting or generating a specific amount of blockchain-based tokens or coins.
Was this helpful?
174
61
ShintoSanctum
Thu Nov 07 2024
Through premining, a portion of the tokens is allocated to key individuals or entities involved in the project.
Was this helpful?
47
84
Load 5 more related questions
