Fair Launch
Last updated
Last updated
A fair launch is a method of introducing a cryptocurrency or blockchain project that emphasizes fairness, transparency, and equal opportunities for all participants. In this approach, there is usually no pre-mining (where tokens are reserved for founders or early investors), no insider advantages, and no venture capital funding that might skew ownership or influence. Instead, everyone has an equal chance to acquire or contribute to the project right from the start.
DUCAT chose a fair launch to align with its core principles of fairness, decentralization, and inclusivity. Here’s why this decision reflects DUCAT’s mission:
Inclusivity: By ensuring equal access, DUCAT fosters trust and attracts a diverse community of participants who are equally invested in the project’s success.
Community Trust: Transparency in the launch process builds confidence among participants, which is crucial for long-term adoption and growth.
Avoiding Speculation: Fair launches discourage speculative behavior driven by early access or unethical trading, allowing the project to focus on delivering real value.
Alignment with Values: DUCAT's commitment to fairness and shared governance is consistent with the ethos of fair launches, setting the stage for an equitable and sustainable ecosystem.
No pre-mine or very limited pre-mine: DUCAT avoids pre-mining; tokens are distributed fairly through mining or public participation.
No private sale or pre-sale: There are no private or pre-sales; all tokens are released simultaneously to the public.
Equal access to token acquisition for all participants: The launch process ensures no preferential treatment or reserved tokens.
Transparent launch process and tokenomics, vesting schedules, etc.: Tokenomics, vesting schedules, and other details are fully disclosed and publicly available.
Open-source code
No founder/team token allocation at launch
Community governance from day one: Governance is established from the beginning, allowing community-driven decisions.
Wide initial token distribution: Measures are in place to prevent token concentration in a few wallets.
No early access for whitelisted addresses: All participants begin with equal access and opportunities.
Clear and publicly announced launch date and time
Equal information access for all potential participants: Transparent and public communication ensures everyone has access to the same information.
Fair geographical distribution (no region-locking): The launch is accessible globally, with no region-specific restrictions.