Explained: What Is a Fair Launch Crypto?
Crypto launches have generally lacked egalitarianism in terms of token distributions and sales to the public, primarily because crypto whales are usually tipped off about a crypto investment, the so-called "crypto pump" to boost the confidence of retail buy-in. The concept of crypto fair launch is seen as a remedy for these inequalities in token sales.
Key Takeaways:
Crypto fair launch is a concept that aims to provide the general public with a fair and equal chance to accumulate cryptocurrencies without stereotyping and discriminating against an investor's portfolio.
A fair launch ensures all token launches are off-limits to pre-mined tokens at a cheaper price, reserved-coin distribution, or early access to the project.
This initiative should eradicate token price manipulation that causes a digital asset's price to plummet if a whale dumps its tokens.