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 don't like private sale if it is given a large discount of 50, 60, 70 percent. It's not fair to investors of the main sale. In such cases, there is no incentive to keep the tokens and the course to crumble. When there are big discounts companies need to freeze tokens otherwise it turns out that only those who participate in private sale win.