HOW TO PARTICIPATE IN THE $SLUM TOKEN PRESALE
If you are here, you have decided to take part in the SLUM INU token PRESALE and make an investment into your future. In this article, we are going to guide you through all the details of this process, as well as give you some general tips if it is one of your first times investing into tokens.
WHAT IS A TOKEN PRESALE?
A token presale is a crowdfunding sales event held by startups to raise capital for a project in its early stages of development before its formal launch. This capital acts as a financial catalyst for the growing project.
In the presale, a limited amount of new cryptocurrency is created by the team behind the operations of that token. The token assets are then sold to investors in exchange for other cryptocurrencies e.g., Ethereum, Bitcoin.
When the token is launched, the investors are rewarded on their assets with profits made on the price value. Token presales are also referred to as ICOs (Initial Coin Offerings).
WHAT IS SLUM INU TOKEN?
SLUM INU ($SLUM) is a charity token built on the Ethereum Blockchain with an ERC-20 Standard. This simply means buyers can buy $SLUM using ERC2O Ethereum. $SLUM will function perfectly within the Ethereum ecosystem, this gives the token seamless integration with other decentralized applications.
The ERC-20 standard is acquired to assure the buyers that the token passes all the security requirements required for the Blockchain industry.
OVERVIEW OF THE $SLUM TOKEN PRESALE
Here are the parameters for the upcoming $SLUM presale:
· Minimum Purchase Threshold: 0.1 ETH
· Maximum Purchase Threshold: 5 ETH
· Start of the Presale: July 4th, 2021
· End of the Presale: July 7th, 2021
· Soft Cap: 25 ETH
HOW TO PARTICIPATE IN $SLUM TOKEN PRESALE
During the presale of $SLUM, 20% (3,364,285,712.18574$SLUM ) of the total market supply will be given to the general public to buy using Ethereum. If there are any leftover tokens from the presale, then they are used for the crowdsale when the token is launched.
The presale is expected to last for a few days, starting from July 4th, 2021. Buyers are to receive a bonus of 25%, because of their early financial input into the project. Taking part in the presale involves a couple of simple, explained steps the buyers have to complete to get their $SLUM tokens.
STEPS:
1. Prepare Your Wallet:
Buyers are to get an ERC20-compatible wallet, this is very easy to set up. There are several compatible options to choose from. Examples to choose from include:
- Trust Wallet
- Metamask
- MyEtherWallet (Doesn’t require downloading, browser is fine.)
Once ready, simply add the $SLUM token through the contract address 0xb230f8e0A7Bcc58F31725448da0dA0Aa7AfA22aB.
N.B: It’s expected that transactions might take some time to process but all should be completed within a few minutes of creating them. Also, it’s best to get your ETH ready for transfer before the presale commences.
2. Wait For the Presale Day:
The $SLUM token presale starts on July 4th 2021 at 12 UTC, and is planned to last till July 7th. While you wait for the presale to start, you can take some time to go through our roadmap.
This will leave you with an idea of what the $SLUM team has in stock for their followers. Buyers are advised to track the exchange rate for ETH/$SLUM, because it is subject to changes due to market fluctuations. This helps determine the total amount of $SLUM that can be purchased with the ETH in the wallet.
3. Follow The Presale Countdown:
We urge buyers to follow our page for news and update regarding the presale subsequently. After the sale, $SLUM will return to default price and tradable on UniSwap and other platforms.
TIPS FOR PARTICIPATING IN THE TOKEN PRESALE
· Pay attention to the exchange rate before you approve the transaction. Exchange rates are highly prone to changes, this means the rate will change regularly from the beginning of the presale to its end.
The crypto market is fluid and changes constantly, this rule applies to exchanges because of these fluctuations.
· Buyers are advised to beware of phishers; they are only interested in defrauding you out of your money.
URLs should be crosschecked before you click on them, this will save you a lot of trouble down the road. Also, be careful of emails from unfamiliar addresses (no matter how official they might look.), they are almost always malicious in nature.
· We strongly urge you to type in the SLUM INU website yourself before loading it on your browser. As a precaution, you can save the webpage as a bookmark to save yourself some time and energy.
· Go through the $SLUM Whitepaper well, this contains the information about the project you will be investing into. It’s strongly recommended not to invest blindly into anything you’re unfamiliar with.
The whitepaper will clarify any questions the investors might have about the project. The document also indicates that the token has more than enough potential to increase in value in the long run. It’s best to know whether you’re investing in a real project or scam.
· Go behind the scenes, get familiar with the team behind the token presale. Know their level of experience, previous projects, profiles, etc. to verify whether they are competent and trustworthy enough to handle your investments.
· Be active during the presale period to get a nice bonus on your investment.
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