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FERC went online and skyrocketed hundreds of times. What are the fair sale concept tokens?

Trend Research
特邀专栏作者
This article is about 868 words, reading the full article takes about 2 minutes
Fair sale refers to ensuring that everyone has an equal opportunity to participate in the issuance of tokens. Some projects such as Ordinals Protocol provide a fairer and decentralized token distribution method. $FERC is an example of a fair sale token t
AI Summary
Fair sale refers to ensuring that everyone has an equal opportunity to participate in the issuance of tokens. Some projects such as Ordinals Protocol provide a fairer and decentralized token distribution method. $FERC is an example of a fair sale token t

The $FERC token was minted for free on June 1, and quickly attracted the attention of the community, with a market value of $15 million at its highest price. If the casting gas fee is regarded as the cost, and each (1000 coins) is 5 U, FERC is equivalent to a 300-fold increase. Its appearance led to the emergence of the Fair launch concept series of tokens.

How to understand fair offering?

Fair launch means that everyone has a fair opportunity to participate in the issuance of tokens. The fairness of Bitcoin's distribution mechanism is currently the most widely recognized. All miners can independently participate in mining. Initially, participants bear the cost of computing power and electricity on the premise that they know that there is no expectation of return on investment.

The most extensive token distribution mechanism currently on the market includes: 1) ido/ieo/ico, etc.; 2) no pre-sale of tokens, cold start through community distribution. There are unfair phenomena in the project's token issuance process on the chain, such as malicious contracts, blocking attacks, and exchange manipulation, which will disrupt the fairness of token issuance. The token sale of centralized exchanges usually requires holding the platform currency of the centralized exchange, which once became a big gold mine. The cold start is completed through community distribution. The number of distributed tokens depends on the contribution of community members. This distribution method is relatively fair, but generally still needs to be verified through a centralized method.

The Ordinals protocol provides a fairer distribution method, and anyone can easily deploy and participate in token forging on a first-come, first-served basis. Since contracts cannot be deployed on the Bitcoin network, participants can participate fairly, and the transaction fees paid determine whether they can be packaged by miners faster.

The erc 20.cash platform launched by @jackygu 2020 attempts to transfer the BRC 20 fair distribution concept to Ethereum, and wants to combine the advantages of Bitcoin's fair distribution and decentralization with the flexibility of Ethereum smart contracts and programmability . $FERC is the token it launched.

The main features of the current fair distribution of tokens are:

1) Anyone can deploy and forge tokens, and the community is strong;

2) There is no pre-mining of tokens, and the total amount of tokens is mined from zero until reaching the hard cap of tokens;

3) The conditions for holding positions can be increased;

4) Increase the freezing period, and minting coins during the freezing period will require additional fees, which will increase the cost of robot participation;

5) The price can be set. However, tokens with high market recognition are generally forged for free.

Chain: Ethereum

Erc 20.cash

Chain: Ethereum

Berc.cash

Chain: Ethereum

Features: 49.25% of the tokens will be used to create a liquidity pool and transferred to the black hole address, 49.25% will be sold in a fair manner, 0.5% will be sent to the Vitalik address, 0.5% will be sent to the developer address of the deployment token, and 0.5% will be sent to the Berc team. On the basis of ferc, the property of automatically adding liquidity pools is added.

Merc 20.cash

Chain: arbitrum

Oerc 20.cash

Chain: Optimism

Serc 20.cash

Chain: ZkSync

Data as of June 7, 2023.

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