So-called ‘Fair Launch’ tokens are outperforming most projects released via centralized token distribution events, according to crypto market data aggregator Messari,
Messari defines Fair Launch tokens as having a publicly announced launch without any form of pre-mine. These include older top 10 crypto assets Bitcoin and Litecoin, newer DeFi projects such as Yearn.Finance and SushiSwap, and veteran 2013 altcoin Peercoin.
— Mira Christanto (@asiahodl) February 16, 2021
Fair Launch tokens appear to be outperforming the broader crypto markets by more than double over the past three months.
The top 1,026 crypto markets gained an average of 9.56% this past week, compared to the 31.44% average gain seen by Fair Launch projects over the same period.
Over the past 30 days, Fair Launch tokens are up 145.33% compared to the collective crypto average of 49.50%, while