Definition ∞ Decentralized Token Distribution refers to the process of allocating new digital tokens to a broad base of participants without relying on a single central authority. This method often involves mechanisms such as airdrops, liquidity mining initiatives, or fair launches, all governed by transparent smart contracts. The primary objective is to promote equitable access and foster widespread network participation.
Context ∞ The principles of fairness and extensive reach in decentralized token distribution remain a significant subject in discussions surrounding new project launches and the evolution of community governance models. Reports frequently analyze the various distribution strategies employed by protocols and their subsequent impact on token holder demographics and the overall decentralization of the underlying system.
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