Presales of cryptocurrencies are crowd-funding events that enable creators of a project to obtain funds. They also enable the raising of startup cash, which may be used to pay for marketing and other expenditures.
Both Filecoin (FIL) and EOS (EOS) have had very successful presales, which have aided them in becoming well-established cryptocurrencies.
In contrast, the FIREPIN Token (FRPN) project is a community-driven currency that aims to build a system in which FRPN token holders govern the platform.
Filecoin (FIL) has the distinction of having the biggest presale in history.
During its first presale phase in 2017, Filecoin raised $52 million, and the peer-to-peer network raised an astounding $205 million during its ICO (initial coin offering).
During this period, FIL increased by 350%, significantly increasing the coin price from $1 to $5.
Filecoin is an open-source, public cryptocurrency and digital payment system designed to be a blockchain-based technique for collaborative digital storage and data retrieval.
According to CoinMarketCap statistics, Filecoin is the 39th largest cryptocurrency globally, with a market valuation of about $1.6 billion.
EOS (EOS) is among the most well-known initial coin offerings of all time due to the success of its crowdfunding campaign.
The objective of EOS was to establish a platform that facilitates the development of business DApps (decentralised apps). EOS raised $4.1 billion in a year-long ICO to achieve this objective.
In April of 2018, the price of EOS hit a high of almost $22 following the presale. The project’s war chest of capital allows it to develop, grow, and, if necessary, survive cyclical bear markets.
FIREPIN Token (FRPN)
FIREPIN Token (FRPN), a new cryptocurrency with solid foundations, is providing its highly sought-after FRPN token during the current presale.
The ambitious project intends to create NFT, 3D, and Metaverse games. NFTs and the Metaverse have taken the crypto industry by storm, and it is anticipated that their use will increase in the future.
For early investors, FIREPIN has the potential to be a successful product during its presale phase and in the long term. The team is developing a community-oriented initiative accessible to everyone, anywhere.
FIREPIN utilises blockchain technology and DeFi capabilities to enable users to earn non-fungible tokens while exploring the Metaverse. Options for growing and staking are additional levels of user advantages.
FIREPIN is developing a marketplace for NFTs that will serve seasoned and beginner fans, allowing them to search, mint, purchase, sell, store, and trade NFTs.
FIREPIN will feature a DAO, which will allow holders of FRPN tokens to vote on platform-wide significant decisions.
Therefore, investors should keep the project’s best interests in mind since their voting power may affect its course.
Additionally, institutional investors are encouraged to support the initiative and contribute to its expansion. The objective of the presale is to provide FIREPIN with sufficient funds to accelerate its development and marketing activities to achieve the targets set in the roadmap.
FIREPIN is optimised for current cryptocurrency trends and can adapt to future developments. It is one of the greatest initiatives to invest in and see your money grow in value.
The Metaverse will transform the nature of social interaction and networking and is here to stay. Meanwhile, FRPN is redefining trends and perplexing the market with its expanding use cases and costs. Stock up on this currency before you find yourself in limbo for not getting in early.
Find out more about FRPN:
Join Presale: https://presale.FIREPIN.io/register
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