A fair launch is a type of crowdfunding in the crypto space, where the project sells tokens to every participant fairly. A fair launch allows for equitable and fair distribution of tokens. The tokens are fully available to everyone for purchase at the same price. This guide explores the features of fair launches and how they work. Keep reading.
· It’s a Presale with a fair launch structure and that means it has only a soft cap but no hard cap.
· The pool will be divided by the number of BNBs raised during the presale.
· The price of $DeFi can only be known at the end of the Presale. That’s how a Presale with fair launch structure works.
In theory it looks very interesting, but in fact there are many cases of fraud or injustice using this system which can harm your funds and even lose all your investments in several minutes after its launched when investing in this type.
For Fair launch at Launchpad what we can see is the soft cap, while the hard cap is not set or does not exist and will float and there is no limit until the specified fair launch period is over.
So during the time period that is still set, if we buy it, the number of tokens that will be obtained by all fair launch participants will be proportionally equal.
This system would be great if only there were no big token unlocks or private sales outside of the presale.
If there is an unlock token from the dev and the team, the previous airdrop project or private sale, then this system should be avoided because it will be difficult or impossible for us to make a profit, because if its hype, then it will provide big benefits to the dev and the team (unlock tokens), airdrop projects before or private sales that exist because the price of the tokens they get has been determined. For a rough calculation like this, the private sale example has been calculated specifically to achieve a fair launch with an initial market cap of 1 million USD. It turned out that during the fair launch at the launchpad, hype and fomo ensued so that at the end of the fair launch based on the calculation of the initial market cap it became 10 million USD, so be prepared for those who take part in the fair launch to become food from private sales, airdrop holders and unlocked tokens which have been 10x.
So advice, never be fomo to join this fair launch. Always use common sense. Because fomo on this system means you will make a donation to the winner i.e. the dev and the team through unlock tokens, airdrop holders or private sales
If all out of fair launch token was locked, you can think for enter it and play it till one day before the token unlock.
Make sure the contract already audited.
Hope all of you will be success, healthy and have great abundance.