IPO Token / Fair Launch

An IPO Token or Fair Launch is a cryptocurrency project that releases its token to the public all at once, with no special early access for insiders or founders. Think of it like a company going public on the stock market—everyone gets the same opportunity to buy in at the same time and price. You'll encounter this term when researching new crypto projects, and it matters because fair launches are seen as more transparent and less risky than projects where founders secretly accumulated tokens before the public could buy. For example, if CryptoWidget launches its token fairly, regular investors and the founding team both start buying at the same moment, rather than the team holding a massive stash they bought cheaply beforehand.