Comment
Author: Admin | 2025-04-28
What Is a Fair Launch?A fair launch refers to an equal distribution of a cryptocurrency token at launch. This means everyone will have an equal opportunity to acquire tokens from the beginning, preventing insider trading and price manipulation. Key Takeaways A fair launch refers to an equal distribution of a token at launch, giving everyone an equal chance to purchase tokens. While a fair launch strives to be fair and equitable, the token’s price can still be subjected to price manipulation. The success and fairness of a fair launch depend on the capabilities and intentions of the team behind the token. How Does a Fair Launch Work?In a truly fair ‘fair launch’, there will be no presale tokens or pre-allocated tokens set aside from the team. Buyers can only acquire tokens straight from decentralized exchanges such as Uniswap and PancakeSwap. This helps to minimize centralization and makes it fair for everyone to purchase the tokens.One classic example of a fair launch is Bitcoin. Before its launch, Bitcoin’s creator, Satoshi Nakamoto, was not allocated any percentage of the cryptocurrency. This means that even the project’s team will have to go through the traditional method of purchasing or acquiring tokens, preventing price manipulation.There are also different ways project owners can launch their tokens, such as through a presale, whitelisted presale, or stealth launch. I will be discussing them later in my article. First, let's take a quick look at the development of fair launches over time. Development In Fair Launches As mentioned above, Bitcoin launched through fair launch in 2009. BTC was the first cryptocurrency ever created, and during the launch, everyone who wanted to acquire BTC had to go through the traditional method of acquiring tokens – mining. The crypto space constantly evolves, and the definition of fair launch has since changed to include different modes of launches. For example, in 2020, SushiSwap launched its native token, SUSHI, through a fair launch. The SUSHI token launched via a 2-week liquidity mining phase, and anyone could mine SUSHI by staking Uniswap LP tokens on SushiSwap’s own dApp.Another common type of fair launch we usually see is token launches on decentralized applications. These tokens usually launch on dApps like UniSwap or the team’s own launchpad.Now, let us start by understanding the properties of a fair launch. Properties of a Fair LaunchA fair launch generally embodies the following features: Transparency Before launch, the team will usually disclose information about the token. This includes general information such as the token’s utility, supply, and detailed roadmap. Typically, reputable teams will also release the whitepaper before launch.Open Participation A key feature of a fair launch is open participation. This means that everyone and anyone will be able
Add Comment