Community Launch

Definition ∞ A community launch refers to the public release of a digital asset project, often prioritizing decentralized distribution and participant involvement. This approach contrasts with traditional venture capital-backed launches by distributing tokens widely among early supporters, developers, and users rather than through private sales. The aim is to foster a decentralized ownership structure and encourage active participation in the project’s governance and development. It frequently involves fair launch mechanisms, where no pre-mine or privileged allocations occur.
Context ∞ Community launches are often celebrated in crypto news as a means to promote decentralization and reduce initial wealth concentration within new projects. However, debates arise concerning the effectiveness of various distribution models in preventing manipulation or ensuring long-term project viability. The ongoing discussion centers on balancing equitable access with the need for sustainable development and security.