THOUGHTS ON FAIR LAUNCHES

Summary from the TLDR Crypto newsletter

Current fair launch token models, which distribute 85-95% of supply at launch while leaving teams with only 5-15%, create operational challenges for long-term project development compared to traditional VC funding where teams retain 80-90% ownership. It leads to inadequate liquidity management, difficulties in team compensation, and unsustainable resource allocation for development, particularly impacting teams building complex technical solutions that require extended development cycles. While fair launches aim to democratize early access traditionally reserved for VCs, the approach often undermines project sustainability and forces builders to prioritize short-term token economics over long-term technological development.