👾Presale

• Definition: A presale is an event before the public launch where tokens are sold to early investors, usually at a lower price. This is often done to raise funds for the project’s development.

• Application in Solana: In a Solana-based presale, tokens of a new project are offered to early investors, typically requiring participation in a whitelist or fulfilling certain criteria. The funds raised are usually utilized for further development or liquidity provisioning on Solana's DEXs.