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 investors. Think of it like a company going public on the stock market, except everyone gets the same opportunity to buy 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 beforehand. For example, if CryptoWidget launches its token fairly, every buyer on day one pays the same price—no hidden advantages for the team. It's the crypto world's attempt at leveling the playing field.