Crypto enthusiasts are currently paying great attention to PinkSale Finance. PinkSale’s popularity is known to have increased drastically since this platform started offering crypto tokens from Indonesia.
Pinksale is a presale crypto sales platform built on blockchain technology to provide a secure, transparent, and easy-to-use token sale solution for new crypto projects. Please note that initial investment in a crypto project has several advantages, and the important aspect lies in the potential long-term profits that investors can obtain.
An initial investment in a successful crypto project can provide significant profits. This is because the price of a token often increases rapidly after being launched on the public market, thereby providing earnings to those who have invested from the start. Through presales, investors can access crypto project tokens that may be limited and difficult to find after launching to the public market. With an initial investment, they can obtain potential crypto assets before many people access them.
So, to better understand what Pinksale is, how it works, its superior advanced features, and more, including whether Pinksale is safe and how to create tokens on Pinksale, read more below!
What is Pinksale?
PinkSale is a safe forum for investors to invest their capital, which is released to facilitate access to the crypto asset market. On the other hand, entrepreneurs get access to an incredible network of investors.
As of May 2023, PinkSale has supported 807 new projects with a total funding of more than $49.5,000,000 raised through this platform. Every month, hundreds of other Initial Token Offering (ITO) and Initial Coin Offering (ICO) projects become possible thanks to the PinkSale startup network, a leader in this industry.
With innovative features such as automatic crypto token distribution and anti-bot protection, PinkSale ensures the integrity of the markets it serves. Apart from that, this platform also supports various fundraising models, such as “Dutch auction” and fixed price offers. Pinksale itself helps new crypto projects in multiple ways, one of which is by holding presale sales on Pinksale. New crypto projects can increase their interest and popularity before launching on the public market.
Investors who participate in presales tend to support the project and share it with others. Additionally, presales provide the initial funding for crypto projects to begin their development and marketing. Funds obtained from presale sales can be used for product development, marketing, and other operational management.
How Pinksale Works?
The way Pinksale works is by facilitating the presale process for new crypto projects. The following are the steps in the presale process at Pinksale and are generally divided into four steps:
1. Tokenomics
PinkSale Launchpad allows new crypto projects to offer their tokens to early investors fairly and transparently. The concept of tokenomics refers to the rules that govern how tokens are created, distributed, and used in a crypto project ecosystem. This includes details such as the total supply of tokens, the initial price, and the method of distributing the tokens to investors.
2. Smart Contract
PinkSale uses smart contracts to automate the launch process and ensure token sales occur safely and transparently. Smart contracts are codes that can perform certain actions when conditions are met. For example, smart contracts can automatically distribute tokens to investors upon receipt of payment.
3. KYC and AML checks
To prevent fraud and ensure regulatory compliance, PinkSale requires investors and project founders to undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) verification processes before participating in any token sale. You can watch the video on how to KYC a crypto account via this video link.
4. Community
PinkSale allows the community to vote on the projects featured on its Launchpad platform. This ensures that only high-quality projects with high growth potential are introduced to investors. Moreover, this also gives the community the power to provide support to projects that they consider worthy and have the potential to be successful.
Get to Know Pinksale’s Superior Advanced Features
PinkSale does not only focus on the funding aspect alone. The platform automatically distributes tokens and includes anti-bot features to ensure market authenticity. Not only that, PinkSale also supports various fundraising models, including Dutch auctions and fixed-price offers. This allows startups to choose the model that best suits their needs.
Saul Pink, one of the PinkSale representatives, explained that many individuals are interested in getting involved in the crypto market but often experience certain obstacles. Therefore, PinkSale is here as a solution, providing a wide support network for digital entrepreneurs.
Pinksale Vision
PinkSale realizes that early-stage funding plays a key role in determining the success or failure of several crypto projects. Therefore, their commitment to providing maximum support to startups is very strong.
With the total amount of liquidity they have managed to raise, reaching more than $420 million and a total value locked of $234 million, PinkSale is optimistic about the potential they can achieve in the future.
PinkSale’s vision is very clear, namely that they are determined to continue to support and facilitate the growth of the crypto industry. They want to ensure that every startup has an equal opportunity to achieve success. As a major player in the world of crypto funding, PinkSale has proven itself to be a force that cannot be ignored. With its extensive network and innovative features, this platform is ready to revolutionize the crypto industry.
Advantages and Disadvantages of Pinksale
Knowing the advantages and disadvantages of Pinksale is very important for crypto projects and investors. The reason is by understanding both the advantages and disadvantages of Pinksale, both investors and crypto projects can make smarter decisions, reduce risks, and increase the chances of success in the competitive crypto ecosystem.
The following is a series of advantages and disadvantages of Pinksale that you need to know, including:
1. Advantages of Pinksale
- Ease of Use: Pinksale offers a user-friendly interface, allowing crypto projects to sell their tokens quickly and easily.
- Transparency: Pinksale guarantees transparency in token sales, allowing investors to see the number of tokens available and those sold. This gives investors the information they need to make smart investment decisions.
- Security: Pinksale provides a safe and trusted platform for presale and public sales. This gives confidence to investors and reduces risks related to fraud or loss of investment funds.
- Increase Community Engagement: Through Pinksale, crypto projects can interact directly with their investor community, building strong community support and strengthening the project’s reputation.
2. Disadvantages of Pinksale
- Fees: Pinksale charges a fee to use their services, which can be expensive, especially for crypto projects on a limited budget.
- Competition: The crypto asset industry is highly competitive, so new crypto projects may have difficulty standing out and attracting investor interest on the Pinksale platform.
- Policies: Crypto projects need to set their own presale and public sale policies, including token prices and sales limits. This can be complicated, especially for crypto projects that lack experience.
How to Participate in Presale at Pinksale and How to Claim?
It is important to know that one of PinkSale’s main functions is to make it easier for users to take part in the presale of coins they are interested in. To make sure you don’t miss the opportunity to buy your dream coin, here’s how to take part in the presale at PinkSale:
- Open the pinksale.finance site and select “All Launchpads”
- Select “Live Sale” and click “View Pool” for all presale-related information. However, before making a purchase, check the information carefully.
- Enter the amount of BNB or the amount according to the pool you choose in the “Amount” section (the number of tokens you will receive will be calculated automatically based on the amount of BNB entered)
- Click the “Buy” button
- Next, the e-wallet you use will ask for confirmation. After that, click the “Confirm” button to complete the presale purchase
- Wait until the live sale period ends, and after that, you can transfer the coins you bought to your wallet.
After participating and purchasing tokens in the presale, the next step is to claim your tokens. Here’s how to claim tokens at PinkSale, namely:
- If the soft cap/hard cap has been reached, then you can claim the token by clicking the “Claim token” button provided
- The number of tokens you can claim will be displayed next to the “Claim tokens” button.
- The e-wallet you use will ask for transaction confirmation
- If you agree, then please click the “Confirm” button to complete the process
- Check your wallet balance to see the presale tokens you have claimed
Is Pinksale Safe?
Quoting the theinvestingid.com page, PinkSale offers a safe platform with an anti-bot and anti-rug system. With the anti-bot feature, users are protected from bot intervention during the launch phase, as well as avoiding massive sales when the token first hits the market.
PinkSale’s anti-rug system is designed to prevent developers from shutting down projects after the token is launched. Its functionality allows project teams to lock tokens and implement vesting, providing confidence to investors in the long term.
However, from a regulatory perspective, PinkSale operates without official permission from the authorized institution. In Indonesia, PinkSale is considered illegal because it has not received permission from the Commodity Futures Trading Supervisory Agency (BAPPEBTI) or the Financial Services Authority (OJK). Furthermore, some tokens launched on PinkSale may have unclear information. Therefore, users must remain vigilant and careful when transacting on this platform.
How to Create Tokens on Pinksale
If you plan to create a token on PinkSale, here are the steps, including:
- Go to the pinksale.finance website
- On the main page, click the “Create” option and select the “Token” menu
- You will be directed to this link: https://www.pinksale.finance/#/launchpad/token/create
- To create a standard-type token, in the “Token Type” section, select the “Standard Token” option
- After entering all the required data, click “Create Token,” when filling in the data, make sure to pay attention to the following:
- The decimal number must be greater than or equal to 2
- All columns must be filled in, with no blanks
- The decimal number and the bid amount must be positive
- Next, your e-wallet will ask for transaction confirmation as well as display the fees you have to pay; if you agree, then continue by clicking the “Confirm” button to complete the process.
Conclusion
In conclusion, PinkSale is a crypto presale platform that offers transparent and secure solutions for new projects. Please note initial investment in a crypto project has several advantages, and the important aspect lies in the potential long-term profits that investors can obtain.
An initial investment in a successful crypto project can provide significant profits. This is because the price of a token often increases rapidly after being launched on the public market, thereby providing profits to those who have invested from the start. Meanwhile, there are several risks to initial investment in crypto, including market volatility. Crypto markets tend to be very volatile, so the value of investments can rise or fall significantly in a short period. In addition, some crypto projects may fail or experience failure, resulting in investor losses.
It is also important to emphasize that this article is provided for educational and general knowledge purposes only. Therefore, this information is not the main guideline for making investment decisions.
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