Seeping Claim (Presale) 🚀

What's this?

If you're reading this, chances are you're contemplating whether the outcome of this presale is going to be different from the rest. Could it be? Finally, a presale where the price doesn't just collapse upon claim being activated?

Problems with the Old Presale Model

Let's first take a look at the problems ailing recent presales. It's actually a particular combination of features that recent presales have that lead to this common problem of presale dump. So what is it? A combination of the PCS launch price being higher than the presale price, and the collective claim activation. Take some time to think about it. If I'm allowed to buy $LUNA at $100 during presale, knowing that the listing price will be at $150, then I am definitely going to sell off ALL $LUNA straight away. This is essentially a race to see who can claim and sell the fastest since the obvious way of winning and profiting would be to sell right from the start. This is the core problem for the existing presale model. Buy the presale, wait for the launch and dump the tokens during the launch. With presale investors doing the same, the dump impact will be immense, leaving a huge mark on the price chart, deterring new investors from investing due to the poor price action. Now that we identified the problems, let's head over to solving the issue.

Approach to the Solution

There is one way to do so, and that is to ensure that there is no simple and straightforward best way to ensure profits. We just have to get rid of the old mentality of "Dumping during launch" by creating a reason for investors to hold on to their tokens.

The Solution

When claim for presale is activated after the PCS launch, investors that have tokens to claim would start off being able to claim 0% of their unclaimed presale amount. For every 5 minutes that pass, the investor would be able to claim an additional 1% of their unclaimed presale amount, assuming that same investor has not claimed within the past 5 minutes. Upon clicking claim, the investor would get to claim % of his presale tokens (based on the time past), and his claim % would drop back down to 0%, thereby resetting it for the next claim. As a result, the amount claimed is based upon your REMAINING UNCLAIMED presale amount.

Continuously claiming might not be the best strategy, as you would get to claim a smaller amount every 5 minutes, since you would be claiming 1% of your remaining unclaimed tokens, which would deplete each time you make a claim. Please take a look at the table we have prepared below. Person A, B, C and D bought 1000 tokens in presale.

• Person A is continuously claiming every 5 minutes (every 1%)

• Person B is only claiming every 30 minutes (every 6%)

• Person C decides to claim every 2 hours (every 24%)

• Person D decides to wait until 100% before claiming (approximately 8 hours 20 minutes).

Duration	Person A Remaining Tokens	Person B Remaining Tokens	Person C Remaining Tokens	Person D Remaining Tokens
At first	1000	1000	1000	1000
After 5 Minutes	990	1000	1000	1000
After 30 Minutes	941.5	940	1000	1000
After 1 Hour	886.4	883.6	1000	1000
After 2 Hours	785.7	780.7	760	1000
After 4 Hours	696.4	689.9	577.6	1000
After 6 Hours	484.99	475.9	438.9	1000
After 8 Hours	381.0	371.6	333.6	1000
When Person D finishes claiming 100% (8 Hours 20 Minutes)	366.0	371.6	333.6	0

As you can see, there are advantages and disadvantages to different strategies. Person A has the slowest claiming rate, but he is not as exposed to the risk of the price changing, as he has claimed his tokens already. Person D has the fastest claiming rate, but he is the most exposed to the risk of price changing. Looking at this, it is easy to see that there is no straightforward way of guaranteeing profit, and as a result, we are confident that this unique model is the way to prevent the same old boring presale dump.