GlossaryIntermediate
Fair Launch
A token launch with no early or privileged allocation for the team or investors.
A fair launch generally refers to a token distribution with no pre-mined or privileged allocation set aside for the founding team or early investors before the public — everyone acquires tokens through the same public process from the start.
This is one specific tokenomics design choice among several, generally contrasted with launches that reserve a meaningful allocation for the team and early backers.
Examples
- A fair launch project has no team or investor allocation acquired ahead of the public.
- Fair launch is one specific tokenomics design choice, not the only legitimate approach.