# Discord

Pre-IPOs are gold mines, but don’t rush in blindly
#Gate launches Pre-IPOs
Everyone is shouting to rush in, I’ll pour a bit of rational cold water. Gate’s digital Pre-IPOs are indeed good, but we need to see both sides:
Advantages are not many to elaborate – low threshold, good liquidity, global assets.
Risks also need to be understood:
· Unicorns may fail to go public or be undervalued;
· Digital shares do not represent real equity; the underlying mechanism must be clear;
· Pre-trading may have discount or premium fluctuations.
The unicorn I look forward to most is Discord – high user stickin