what are the reasons for pre ICOs?

[Bobcrypto]

I learnt that pre ICOs is just whistle blowing for a new start up, but what could be other reasons for pre ICO? Share your thought.Thank you

[CryptoZenWorld]

ICO Presale or otherwise called Pre-ICO, is the token deal occasion that keeps running before the authority crowd sale or ICO battle goes live. The raising money focuses for Pre-ICOs are regularly lower when contrasted with that of the fundamental ICO and tokens are normally sold less expensive.

Some projects run Pre-ICOs as a way,

- to accrue funds to cater for the expenses incurred on the way to launching the main ICO.

- Some of the expenses include paid promo ads, strategic recruitment and meet-up costs to help whip up investor interests.

[marcsymons]

I learnt that pre ICOs is just whistle blowing for a new start up, but what could be other reasons for pre ICO? Share your thought.Thank you

This is one of their initial stage of early confirmation to determine if their project will be a success or not and also in pre ICO they could collect initial amount of money to support their projects financially therefore they should ensure that there commodities are feasible to the masses so that they could gather huge amount successfully.

[tamango]

PRE-ICO or Private sale is useful for raising initial capitals from "early birds", initial investors that takes more risk because project is in initial phase.
For that reason there is always a good discount in % compared to ICO price.

[trons]

Pre ICO is the collection of money to prepare and conduct ICO, a kind of presale. Pre ICO is not just a way to raise money, but also a good training in working out all the processes in the run up to the ICO.

[masudginanjar]

PRE-ICO is an egg that is still in the mother hen and the iCO is an egg that is being erami, then after hatching into a chicken it is called the name of the token because it is already listed in EXchange.

I hope you understand what I said.

[Nestle]

Yes, pre ico is useful to find out how much interest from the project. then before the ICO period it is very important to pre-ico first.