As some of you may already know, our Telegram bot, The Clinic Alerts Bot, is widely used in communities all across Telegram. It tracks all presales and launches happening within the day and also sends an alert / reminder 30 minutes prior to the event itself. Our bot tracks presale listings from all launchpads including Pinksale, GemPad, Unicrypt, as well as other lesser known IDO platforms. We include presales in all networks such as Binance Smart Chain (BSC), Ethereum (ETH), Avalanche (AVAX) and many more.
All listings are semi-vetted prior to listing them on our bot to provide a level of security to our users. Simply put, if it’s blatantly obvious that the project is a scam, we don’t list it.
Summary of Presales
In the month of January 2023, we listed a total of 160 presales across all platforms.
Of all presales listed, 91 presales were successful – 56.87%. This means that 91 presales were either succesfully filled, rasied enough, or at least reached their softcap, and were all able to list their token on a DEX.
Of all presales, there were 95 Fair Launches – 59.37%. Last year, we seen a massive rise in popularity of the ‘Fair Launch’ presale type, primarily due to PinkSale introducing it on their platform. Fair Launches remain to be the preferred type of presale by project teams so far.
Of these 95, 60 Fair Launches were successfully filled, amounting to about 63% of all Fair Launches. The remainder – 35 Fair Launches, were unable to raise enough to hit their softcap.
We listed a total of 35 Whitelist Presales.
Towards the latter half of 2021 and the beginning of 2022, we witnessed a complete dominance of Whitelist Presales. This is due to the referral marketing methods required to earn a whitelist spot to be able to contribute. In that era, earning a whitelist spot in a high-demand project almost always meant guaranteed profits.
Now we see a significant decline in Whitelist presales, with only 21.87% of all presales requiring a Whitelist.
Of these 35 Whitelist Presales, 21 were successfully filled – about 60%. The remaining 14 presales were unable to reach their softcaps.
So as we can see, even though it’s no longer a preferred presale method by project teams, Whitelist Presales are still valued by the average retail DeFi / ShitCoin / MemeCoin trader.
Of all presales, we listed 26 Public Presales. This continues to be the least popular method of raising funds for projects, amount to only 16.25% of all presales
Of these 26 presales, only 10 Public Presales were succesful – 38.40%. The remaining16 Public Presales were unable to raise enough to hit their softcaps.
We listed a total of 4 Subscription Presales. Relatively new, it was introduced by PinkSale in efforts to emulate IDOs on Binance.
Of these 4, 3 Subscriptions were successful – 75%. Only 1 was unable to hit its softcap.
To learn more about Pinksale’s subscription presale method, read more here: https://docs.pinksale.finance/subscription/subscription-allocation-calculation
Pools, Pairs & Amount Raised
We also did the statistics on the total amount raised to better understand what the market is comfortable with. Too many times we see greedy projects ask for hundreds of BNB for absolutely no reason, or for their “marketing” – aka paying for call channels to do nothing and fast tracking CMC. Thankfully the market is much, much smarter now. Remember when we used to contribute to 1000-2500 BNB hardcaps?
We separated these into several increments, as well as BNB, or total dollars raised (based on BNB’s average price at around $300 in January) just to keep things simple. Furthermore, we only calculated the amount raised for the successful presales, not the ones that failed.
18 presales raised 0 to 50 BNB (or under $15,000)
11 presales raised 51 – 100 BNB (or $15,300 to $30,000)
32 presales raised 101 BNB – 200 BNB (or $30,300 – $60,000)
18 presales raised 201 BNB – 500 BNB (or $60,300 – $150,000)
10 presales raised over 500+ BNB (or over $150,000)
In terms of pools / pairs , although it’s likely of no major factor to investors, we did the stats anyway.
148 presales were BNB pairs
5 presales were BUSD pairs
With the remainder being all Ethereum presales with either ETH or a few with USDT.
Networks / Chains
For the convenience of crosschain traders, we do our best to list presales in all networks. Some months we may see a rise and fall of popularity of smaller networks – Avalanche (AVAX), Cronos (CRO), Solana (SOL), and others. BSC continues to be the dominating chain for presales (at least on our end)
For all 160 presales tracked, 152 were on Binance Smart Chain (BSC) which amounts to 95% of all presales.
Of these 152 BSC presales, 85 were successful – 55.92%. The remaining 67 presales failed.
Of the rest, 7 presales were on Ethereum (ETH) -just 4.32%. Please keep in mind, there may have been many other ETH presales and private sales elsewhere that we were unable to notice, especially those held on Discord.
Of these 7 ETH presales, 5 of them were successful – 71.42%. We see a relatively high success rate with ETH presales and I can assume it’s due to a rarity of ETH presales (when compared to the over saturation of BSC presales)
The remaining 1 presale was on AlveyChain, a blockain project that witness enormous growth during the end of 2022. We are noticing some smaller projects launching on their chain, using both PinkSale and GemPad.
KYC / Audits / Doxxed
In the early days of shitcoins and memecoins, having any audits, KYC, or being Doxxed, were quite rare. Fortunately, we are seeing these becoming more and more common everyday. Projects that boast these badges can provide a sense a security to their investors. Those without any are often questioned as to why they don’t have them.
Of all presales listed, 124 projects were Audited – 77.5%. Of all audited presales, 75 were successful – 60.48%
Of all presales listed, 92 had KYC badges done 57.5%– Of these, 65 were successful – 70.65%
Of all presales listed, 12 devs were publicly Doxxed – only 7.5%. However, of these 12, all 12 of them were successful – 100%
Finally, presales that had all of the above, KYC, Audits, and Doxxed, 12 presales had all 3 badges. All 12 presales were successfully filled and launched. Therefore, projects with multiple security badges have a higher chances of success (This does not affect chart performance)
Due to the increase in demand for Audit and KYC badges, we are seeing these services provided by trusted agencies such as BlockSAFU, SolidProof, SpyWolf, Tech Audit, and many more.
Taxes have become one of the primary factors that are looked at by potential investors. Flashback to the early days, memecoins used to have 12%, 15%, and even higher buy/sell taxes (yes on each!). And if you were around during those times, you may recall – we didn’t care.
But these days, thankfully, we are seeing much lower taxes. I reckon it’s due to the initial popularity of P2E / Metaverse gaming projects – most of which carried 0% transaction tax. Binamon ($BIN) was one of the first to gain popularity with its zero trading tax. (Feel free to correct me if I’m wrong).
I only calculated the tax statistics on projects that completed their presale and launched. These may or may not have been changed. The numbers below refer to individual trading tax on trading each way (buying or selling), not total roundtrip taxes.
36 launches had 0 Tax
21 launches had 1% to 5% Tax
23 launches had 6% to 10% tax
8 launches had above 10% tax
All this can mean nothing at all and I’ve simply spent several days compiling this information just to do nothing with it.
It can be used for reference when it comes to apeing into presales. I recommend you add it to your list of factors when assessing whether or not you should participate in a presale.
I must repeat: None of these statistics predict whether a token will do good or bad, or even last long term. The main focus of this study is to understand the probabilities of being able to pull out your money after the presale (Whether profits or not)
Most launchpads enforce a withdrawal tax. This means that if you participate in a presale and something changes your mind, you can lose 10% – 20% of the funds you deposited. You can use this article to lower your chances of that happening.
There are several statistics that haven’t been measured during this study. This will be a monthly article and will be improved upon. If you have any questions, arguments, or anything to add, feel free to give me a shout.