The fair launch model provides a transparent and equal opportunity for users to obtain tokens without having to worry about typical price fluctuations associated with the token listing. The aim of this model is to ensure that all participants have an equal chance to purchase tokens before they become available on the open market.

The price of the offered token depends on whether the sale employs a fixed price or price discovery model. The specifics are always communicated prior to the start of the launchpad.

Price = Total $ raised / sale circulating supply. The fair launch auction begins with a set FDV (Fully Diluted Valuation), and a minimum price for each token is established (e.g., $0.1). Once the auction raises a predetermined amount (e.g., $1 million), the price discovery phase begins. During this phase, the price of each token continuously increases with every purchase made.