FERC Soars by Hundreds of Times on Launch, Analysis of Main Token Data from Fair Launch Platforms Across Different Chains
TechFlow Selected TechFlow Selected
FERC Soars by Hundreds of Times on Launch, Analysis of Main Token Data from Fair Launch Platforms Across Different Chains
The emergence of FERC spurred the creation of a series of concept tokens with fair launches.
Navigating Web3 tides with focused insights
Author: Jaden, LD Capital
$FERC token was launched via free minting on June 1, quickly drawing community attention and reaching a peak market cap of $15 million. If gas fees for minting are considered as cost—around $5 per batch (1,000 tokens)—then FERC appreciated approximately 300-fold. Its emergence sparked a wave of fair launch concept-based tokens.
What Is a Fair Launch?
A fair launch refers to a token distribution model where everyone has an equal opportunity to participate. Bitcoin’s distribution mechanism is currently the most widely recognized example of fairness. All miners can independently join mining, with early participants bearing electricity and computational costs without any guaranteed return on investment.
The most common token distribution methods in today’s market include:
1) IDO/IEO/ICO;
2) No private sale, cold start through community distribution.
Unfair practices often occur during on-chain token launches, such as malicious contracts, frontrunning attacks, and exchange manipulation, all of which undermine issuance fairness. Centralized exchange token sales typically require holding the exchange’s native token, turning them into gold mines for large holders. Community-driven distribution allocates tokens based on members’ contributions, making it relatively fairer—but still often relies on centralized verification.
The Ordinals protocol introduced a more equitable model: anyone can easily deploy and participate in token minting on a first-come, first-served basis. Since smart contracts cannot be deployed on Bitcoin, participation remains fair, with only transaction fees determining how quickly a miner includes the transaction in a block.
@jackygu2020 launched erc20.cash, aiming to bring BRC20-style fair launches to Ethereum—combining Bitcoin’s fair and decentralized distribution advantages with Ethereum’s smart contract flexibility and programmability. $FERC is one such token launched on this platform.
Key characteristics of current fairly distributed tokens include:
1) Anyone can deploy and mint tokens, emphasizing strong community involvement;
2) No pre-mine; total supply starts at zero and mints up to a hard cap;
3) Holding conditions may be added;
4) A freeze period increases bot participation costs by requiring extra fees for minting during that time;
5) Price setting is possible, though top-performing tokens in the market are generally free to mint.
Below are key data points for major fair-launch platform tokens across different chains. These tokens are primarily traded based on sentiment, with current activity concentrated around FERC and BERC.
Erc20.cash
Chain: Ethereum
Berc.cash
Chain: Ethereum
Features: 49.25% of tokens allocated to create a liquidity pool sent to a burn address, 49.25% fairly distributed, 0.5% sent to Vitalik’s address, 0.5% to the token deployment developer’s address, and 0.5% to the Berc team. Adds auto-liquidity provisioning on top of FERC's design.
Merc20.cash
Chain: Arbitrum
Oerc20.cash
Chain: Optimism
Serc20.cash
Chain: ZkSync
- Data as of June 7, 2023.
Join TechFlow official community to stay tuned
Telegram:https://t.me/TechFlowDaily
X (Twitter):https://x.com/TechFlowPost
X (Twitter) EN:https://x.com/BlockFlow_News
Cycle Capital Research
