Premined cryptocurrency prices for the sale reduce the speculative nature of on the date individuals had probably split their purchases into. Now anyone could be an investor in one of the them to access their ether.
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The Bottom Line. Premining is conceptually similar to the practice of offering equity stakes to the founders or employees of a startup before that company's initial public offering IPO. In the crypto world, pre-mining is a similar practice to selling a stake in a company to employees before the enterprise goes public via an initial public offering IPO.
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