How a token private sale actually works
Before a token trades anywhere public, it is usually sold in private rounds that look nothing like a share sale.
6 guides
Vesting cliffs, and why unlocks move price
The single most predictable source of new sell pressure in crypto is a date written into a contract years earlier.
OTC desks: how large trades avoid moving the market
A trade too large for the public order book doesn't disappear — it just happens somewhere the order book can't see it.
Token generation events, and why the date matters
The moment a token first exists is also the moment every private buyer's clock starts running.
How to become an accredited investor — and what it actually unlocks
The label doesn't require an application or an exam. It requires meeting a specific income, net worth, or licensing threshold.
ICOs and STOs: two ways to sell a token, two different rulebooks
One raised billions with almost no securities compliance. The other exists because regulators noticed.