Fair Token Launch
Wulf A. Kaal · 2022
Fair Token Launches (Fair Launch) on average outperform most traditional digital asset projects. The comparative advantage of Fair Launches derives largely from their ability to remedy many of the perceived inequitable token launch practices of traditional digital asset projects. This article helps clarify the nomenclature by examining the commonalities of projects that use the label “Fair Launch.” On the technology and smart contracting side, fair launch platforms make it less likely for founders and whales to manipulate the token market they created and provide key protections for the token holders and community. Key Words: Fair Token Launch, Initial Coin Offerings, Blockchain, Distributed Ledger Technology, Artificial Intelligence, Machine Learning, Innovation, Entrepreneur, Start-up, Big Data, Crytpo Economics, Diversification, Optimization, Efficiency, Governance, Bad Actors, Risk Factors, Regulation JEL Categories: K20, K23, K32, L43, L5, O31, O32 * © 2022 Wulf A. Kaal. Professor, University of Saint Thomas School of Law. The author is grateful for outstanding research assistance from Josh Bykowski. 0 Electronic copy available at: https://ssrn.com/abstract=4015908
Cite: Wulf A. Kaal, Fair Token Launch (2022). SSRN: https://ssrn.com/abstract=4015908. https://doi.org/10.2139/ssrn.4015908
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