What Is the Concept of “Fair Launch” in Token Distribution?

A fair launch is a token distribution method where no tokens are pre-mined, pre-allocated, or sold to venture capitalists (VCs) or insiders before the public. The tokens are distributed only through public participation, such as mining, farming, or a public sale open to everyone equally.

The core principle is to promote maximum decentralization and prevent "whale" dominance from the start, aiming for true community ownership.