HOW TO MAKE A SUCCESSFUL SOLANA TOKEN PRESALE
The platforms for making solana token sales or pre-sales are known as Launchpad and are places where new solana tokens or meme coins can be launched. Investors can participate in these pre-sales at discounted prices before these projects are made public in the liquidity pools.
In this sense, if you have a token or meme coin project in Solana, holding a presale with or without withelist, will be a great opportunity to raise liquidity funds.
If videos are your thing, here is a complete guide on how to use Smithii's Solana Token Launchpad:
HOW TO MAKE A SOLANA TOKEN SALE
Token launchpads are platforms that allow projects to raise funds early or increase their liquidity through the sale of tokens to interested investors, offering benefits such as early access with reduced prices.
The pre-sale of solana tokens can include an initial whitelist phase, where we select a closed number of wallets and grant them access to the sale at a lower price, then we can include a second phase, public, also at a lower price with respect to the end of the road that would be to list a liquidity pool already with the final initial price that will begin to vary according to supply/demand in its first appearance in a trading chart to give liquidity to our token and make it more scalable.
HOW TO MAKE MY OWN SOLANA TOKEN PRESALE
In truth, it doesn't take much. Basically you need:
- A trusted platform: Indeed in this area there are numerous scam attempts and investors may be influenced by the platform you use to perform the Launchpad. But don't worry, with our Token Launchpad tool you will provide transparency to your investor base.
- An investor base: Or commonly called a 'whitelist', this is the set of people or wallets that will have access to the pre-launch.
- Schedule the launch: Launches are always scheduled to alert investors and the community, where you can define two groups: whitelist and public, or only do a whitelist sale, or only do a public sale.
MAKE A SOLANA TOKEN SALE
To make the sale or pre-sale of your token (at this point we mean the same thing) you need to do the following:
- Access the Solana Token Launchpad in Smithii's Tools and connect your wallet.
- Select your token and the cryptocurrency to buy it (SOL/USDC), and set selling and launch prices.
- Define minimum and maximum purchase parameters, assign liquidity to the Liquidity Pool and configure the Softcap and Hardcap in SOL.
- Choose additional options such as the whitelist phase, then create your sale and promote your token.
If you need more information, you can see our step-by-step guide to make a launchpad token in Solana.
MAKE A PERFECT SOLANA TOKEN PRE-SALE
Here are some tips you need to know if you want to make a good presale of your token or memecoin:
- Incredibly the community comes first: In 90% of the cases in life we first have a product and then we find or create the community to sell that product. In tokens in totally the opposite. You build a solid community first before launch. Interact on social networks, participate in relevant forums (like Madlads or DeGods) and consider collaborations.
- Robust Tokenomics: Design a sustainable distribution of tokens. Target 60-90% for liquidity, 10-20% for equipment/treasury and strategically allocate the remaining for airdrops and incentivizing early adopters.
- Good marketing: Create engaging content, run targeted social media campaigns and consider partnerships with influencers.
- Transparency: Be upfront about your project roadmap, team experience and tokenomics.
WHITELIST MANAGEMENT
The Whitelist refers to the pre-selected wallets (or individuals) that will participate in the pre-sale. it is an essential part of a token launch. It ensures that projects have a list of authorized participants and helps prevent unauthorized access.
Proper management of whitelists is crucial, as it ensures that only eligible participants can participate in the token offering. This approach helps maintain fairness and transparency in the launch process.
If in your project you offer whitelist access and then public access, you ensure a neuro-marketing maneuver to give a sense of scarcity and persuade the public to sign up for the whitelist.
This whitelist can have requirements such as interacting with your publications in social networks, generating a feedback that will contribute very well to the marketing of your project.
SPREAD THE WORD ABOUT SOLANA TOKEN PRE-SALE
A good place to disseminate projects that offer pre-sales is Twitter. If you manage to start from there, excellent, since Twitter is undoubtedly where the Crypto community in general has the greatest participation.
Once you get networking on twitter, try to find and create communities on discord, reddit, telegram, without ruling out posting on tiktok, where there is a growing interest in the crypto eco-system.
FINAL THOUGHTS ON PRESALE SOLANA TOKENS
Launchpads are special tools to gain liquidity with the pre-sales of your own tokens. With the ultimate goal of launching the liquidity pool and entering the general market.
When a solana token is offered for pre-sale, it is a magnet for the generation of a community in a process that feeds back to grow. It is up to you to build trust in the project and make the best decisions to make it last over time.
If you have a token project or intend to have one at some point, don't hesitate to join our newsletter to receive the best news from the crypto ecosystem!
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Industrial Engineer. Member of the Smithii's marketing team. Solana trader. Collaborator in the $SHRIMP memecoin launch.