In the recent 4 pre-sales, I didn’t participate in any, skyai didn’t earn, and the other 3 didn’t incur losses either. Because the logic of pre-sales is just a few types: one is a refund, and the other is no refund, with refunds varying in amount.

1. For those that refund, if the refund is substantial, it usually indicates that the participants have a very small quota. Often, they won’t say anything at the beginning, but after participating, they will mention a refund and then find a group of people to praise the big picture. At this point, attention will rise. However, the project party has refunded the money, so where does the money for the pool come from? Generally, they won’t provide airdrops at the opening, and will wait until they can almost recover the pool money before giving out airdrops. For high-heat projects, after giving out airdrops, they can still engage in speculation; for projects with average heat, the project generally ends when the airdrop is given. In this case, those participating in the pre-sale may earn a little, depending on the timing of the token issuance and the number of market buyers, but skyai is considered to have a big picture perspective.

2. For those that refund but don’t refund much, at the moment of the refund, you can almost guess that a cut is coming.

3. For those that do not refund, there might generally be a whitelist, but each whitelist quota is also very small. This type of whitelist is given to a few KOLs, with most taken by themselves, and at the opening, all is poured into retail investors who want to jump in without a whitelist. A few years ago, there were still opportunities for this, but now almost no one is willing to take on this kind of project anymore.

4. For those that do not refund, with amounts that can be arbitrarily invested, if it’s not for charity, most of the time it’s purely about birth, fully adding to the pool. If the pool gets too large, it’s hard to pull in, and a small portion adds to the pool, but if the project is big, it’s hard to control.

What kind of pre-sale can be participated in?

It is necessary to determine whether this project has a need for charity, such as being the first on its platform and having a demand to succeed. Of course, at this time, it’s also very likely to make a wrong judgment, because many platforms themselves are purely about birth.