What is the meaning of tranches in the context of digital currencies?

1 answers

• Moore AllisonNov 29, 2020 · 5 years ago
  In the context of digital currencies, tranches refer to the different stages or phases of a token sale or initial coin offering (ICO). Each tranche represents a specific period of time or investment round, with its own set of terms and conditions. Tranches are often used to create a sense of urgency and scarcity, as early investors may receive additional benefits or discounts compared to later tranches. This can incentivize investors to participate early and contribute to the success of the digital currency project. Tranches also provide a way to manage the flow of funds and ensure a steady stream of capital throughout the fundraising process. By gradually releasing tranches, issuers can maintain investor interest and support over an extended period of time.
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