Fixed Price Sale Features
Learn more about how Fixed Price Sales on Fjord work.
Fixed Price Sales offer a straightforward and transparent method for token distribution, providing simplicity and certainty for both projects and participants. This approach ensures that all tokens are sold at a predetermined price, making the process clear and predictable.
How Fixed Price Sales Work
In a Fixed Price Sale, the project team sets a specific price for each token and determines the total number of tokens available for sale. Here’s a step-by-step breakdown of the process:
Set the Price: The project team establishes a fixed price for each token. This price remains constant throughout the sale period.
Determine the Quantity: The total number of tokens available for sale is decided. This ensures that participants know exactly how many tokens are available to purchase.
Define the Fundraising Goal: Based on the fixed price and the total number of tokens, the project sets a clear fundraising goal. For example, if 10,000 tokens are sold at a price of $10 each, the fundraising goal would be $100,000.
Participants Purchase Tokens: Interested participants buy tokens at the set price until the total number of tokens is sold out or the sale period ends.
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