What do you think about Private Sale?
Now the new ICOs attach importance to private sale. They sell to big investors secretly. A small amount is left for Ico. The remaining amount is selling out. As such, there is an extreme hype in people like us. Quarkchain, for example.
I think they make hype like this. After selling a small amount at Ico, it is going to the market x3 x4. And those who buy in private sale sell at these prices.
I do not like projects that do this. I totally think they are doing it to attract big investors. Because big investors are investing between 1000-5000 eth in one go.
I think the projects are thus hedging their bets. Indeed, the involvement of large investors to the project ensures high fees and a high interest in the project. People are beginning to be interested, as large investors will not part with the money without being confident in the success of the project. This is an excellent advertising and a guarantee of the growth of the token price after entering the exchange.