What is On-Chain New Token Launch?
I. Definition and Characteristics of On-Chain New Token Launches
· Definition: The process of acquiring new tokens at a low cost through on-chain interactions or presales before the project tokens go live.
· Characteristics: It belongs to 'primary market' activities, which have higher risks but potentially greater returns.
II. Basic Process
1. The project launches a presale or interactive event (such as presale, whitelist airdrop).
2. Users connect to the project’s official website through a Web3 wallet and pay mainstream assets to participate.
3. After completing the subscription, wait for the token generation event (TGE) and distribution.
4. Tokens usually first go live on DEX, and may subsequently be listed on CEX.