Round A & B Private Sale Ends

Synapse Network
3 min readJun 26, 2021

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We are pleased to announce that the Private Sale Round A & B was finished today with great success. Thank You for participating, the number of interested investors exceeded our expectations.

The next round of sale on our own platform has just ended. We are happy our system works perfectly and is super transparent according to our community. Our community’s voice is: “This has been one of the most transparent, fair and clear sales I have been part of”.

Summarizing the results obtained from the first sale on our platform, we closed the sale in 4 rounds:

Private A:

Round 1:
86 from the first 100 addresses from the whitelist invested. For all the user’s average buy was 458,14$

Round 2:
21 addresses were added to the next round from the reserve list, 11 invested. The average buy was 448,35$

Round 3:
11 addresses were added to the next round from the reserve list, only 3 invested. The average buy was 370,66$

Round 4:
We adjusted the 4th round with the help of our community. At first, we let in 9 new addresses from the reserve list and after 15 min an additional 18. And that was it, the sale was sold out to the last cent to the 10 last investors. With an average buy of 455,58$

Private B:

Round 1:
155 from the first 200 addresses from the whitelist invested. For all the user’s average buy was 456,17$

Round 2:
58 addresses were added to the next round from the reserve list, 28 invested. The average buy was 432,87$

Round 3:
34 addresses were added to the next round from the reserve list, 19 invested. The average buy was 405,26$

Round 4:
We adjusted the 4th round with the help of the community. We let in 19 new addresses from the reserve list and after the 15 min an additional 38. After that, the sale was sold to the last cent to the 22 last investors. With an average buy of 430,50$.

The average cost of the tx: 0,002810788 around 5$ both for private A and private B

As you can see the transaction cost was fairly stable and we didn’t have any gas wars in any phase of the sale. The increase in gas cost was correlated with the average Ethereum gas price.

Thank you for participating in the Private Round A & B. On Tuesday we are announcing rules for the largest round which is going to start on the 5th of July.

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Synapse Network
Synapse Network

Written by Synapse Network

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