Presales are the earliest and, therefore, one of the best times to invest in a new cryptocurrency. It has been proven time and time again that early investments can yield massive rewards. Shiba Inu (SHIB) is the shining light in this instance. The meme coin increased by 74,000,000% during its 2021 peak, and a $10 purchase in January 2021 would currently be worth more than $2 million.
Tezos (XTZ) is a top 50 cryptocurrency and held its presale in June of 2017. The initial coin offering (ICO) lasted for two weeks and raised a record $232 million. The launch price of Tezos was $0.47, meaning 490495934 tokens were sold during the ICO. Another presale with all the hallmarks of setting records is Seesaw Protocol (SSW).
Tezos (XTZ) and Manchester United
Tezos is a proof of stake blockchain network that provides peer-to-peer transactions. It uses XTZ to deploy smart contracts through its decentralized platform. Tezos has been touted as a competitor to Ethereum (ETH) due to its facilitating decentralized applications (DApps). However, it has suffered several setbacks and adversity since its 2017 ICO.
The year 2022 started badly for Tezos, as well as most cryptocurrencies. In the last week, however, XTZ has started to recover. Since the end of January, XTZ has increased by around 37% to its current $4.30. To top it off, Tezos has announced that it will be a new sponsor of Manchester United.
Manchester United is one of the giant football (soccer) clubs, sports teams, and brands globally. For Tezos (XTZ), a partnership with a world-renowned institution like Manchester United is a clear stamp of legitimacy and a signal for the direction in which Tezos is heading. The partnership is allegedly worth around £20m a year, and Tezos will appear on the Manchester United training kit.
Chief Executive of partnerships at MUFC, Victoria Timpson, said: “We are especially pleased to be partnering with one of the most eco-friendly blockchains, using technology that is…
