Is 75% discount in presale of a project way too high? What do you think will happen to such project giving away too high discount for a presale? Will this cos huge dump or you've seen projects that survives after such massive discount
UPDATE
I meant 75% not $, that was a mistake and thanks for understanding
It's going to have a massive dump if whales are going to buy a huge percentage of the supply, developers are doing this to kickstart the crowdfunding because once investors see that investments are coming up, they will follow it like a domino effect, so it's a good attraction for investors and an opportunity to make a huge profit.