Fair Launch
A fair launch distributes a token or project without privileged insider allocation, pre-mine, or private sale advantages.
Fair launches aim to avoid preferential treatment: no private discounts, team pre-mine, or hidden insider allocation. Distribution may happen through mining, liquidity bootstrapping, airdrops with public criteria, or open auctions.
Benefits include stronger community trust and a more transparent starting point. Downsides include limited development runway, weak initial coordination, and potential whale accumulation through open markets.
Related terms
2 linkedExplore connected entries beyond the alphabetical index.
Token
→A digital asset issued on an existing blockchain, often representing value, rights, access, or unique ownership.
Decentralized Exchange
→A decentralized exchange (DEX) lets users trade digital assets from their wallets through smart contracts or peer-to-peer settlement.
All terms and definitions may update as the Cryptionary improves.
