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NFT Term

Crowdsales

Definition of Crowdsales from the NFTguild.com glossary.

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A crowdsale is a method of capital raising used by cryptocurrency, token, or NFT projects whereby the founding team will sell crypto assets to early adopters and community members. Crowdsales are a hybrid between a corporation issuing traditional shares and a crowdfunding campaign. Crowdsales are very popular for NFT art projects and even crypto tech startups.