Tiered Sales
Overview of Tiered Sales
Tiered sales allow token sales to be divided into stages or "tiers," each offering tokens at different prices. This structure helps projects reward early participants with better pricing and manage demand as the sale progresses. Node sales in particular can benefit from this approach, offering early node buyers lower prices while increasing prices in later tiers. Tiered sales ensure a fair distribution of tokens and help maintain interest throughout the sale.
Why Use Tiered Sales?
Reward Early Buyers Participants in earlier tiers benefit from lower prices, encouraging early involvement and generating excitement for future tiers.
Manage Demand and Distribution Staggering sales across tiers allows projects to control token distribution, managing supply and avoiding overwhelming demand in a single stage.
Flexible Pricing Strategy Prices can increase in later tiers as milestones are reached or demand grows, ensuring that the pricing aligns with project progress and market conditions.
When to Use Tiered Sales
Node Sales For node-based projects, tiered sales offer lower pricing to early buyers, while subsequent tiers provide opportunities at higher prices as the project or rewards become more attractive.
Price Discovery Projects may choose tiered sales if they want some level of control over the price while still allowing for an element of price discovery for their project token.
Benefits of Tiered Sales
Encourages Early Commitment Lower prices in initial tiers incentivize early participation, helping to build momentum and interest in the sale.
Controlled Distribution By spreading token availability across multiple tiers, projects can maintain interest throughout the sale and manage token supply more effectively.
How to Create a Tiered Sale
To create a tiered sale, follow these steps:
Click "Create Token Sale" Navigate to the token sale creation page on the platform.
Select "Tiered Sale" Choose the tiered sale option from the available sale types.
For more detailed instructions, click here to view the full documentation on setting up a tiered sale.
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