Why DogLibre Chose Crowdsale over Fair Launch: Prioritizing the Community
The post Why DogLibre Chose Crowdsale over Fair Launch: Prioritizing the Community appeared first on Coinpedia Fintech News
When it comes to launching tokens, the crypto world often debates between fair launches and crowdsales.
DogLibre chose the crowdsale approach, defying trends in the meme token space. While fair launches have their merits, DogLibres guiding principle is that the community comes first. This choice reflects their commitment to creating a sustainable and impactful ecosystem for dog lovers and crypto enthusiasts worldwide.
A Global Context: Dogs, Crypto, and the Challenges They Face
Here are some striking statistics:
- Nearly 30% of households worldwide share their lives with one of Earths estimated 700 million to 1 billion dogs.
- Approximately 562 million people own crypto, forming a rapidly growing global community.
But alongside these positives lies a stark reality:
- In the UK, over 1.2 million dogs are euthanized annually.
- In the US, 7.6 million pets are abandoned in shelters yearly, with nearly 1 million dogs.
These numbers are only worsening and highlight the urgency of DogLibre.
What Is a Fair Launch?
A fair launch is a token distribution method that gives everyone equal accessno presales, insider allocations, or early access. Theoretically, this ensures a level playing field, with tokens available at the same price, time, and quantity for all participants.
While this sounds ideal, the reality often needs to be improved. Fair launches are frequently undermined by whales and bots:
- Whales who purchase large amounts of tokens consolidate ownership.
- Bots are programmed to execute trades instantly, leaving everyday investors at a disadvantage.
The result? Instead of fostering decentralization, fair launches often lead to price volatility, manipulation, and centralized control, contrary to their intended purpose. Unfortunately, many projects find they are nothing but playgrounds for opportunists rather than a way to build genuine community engagement.
Why DogLibre Chose Crowdsale Over Fair Launch
So, again, while the concept of a fair launch aligns itself with the idea of equal opportunity, it doesnt always support the long-term growth and health of a project or startup.
At DogLibre, the team has observed in detail how fair launches can frequently lead to volatility and centralization of token ownership. For this reason, theyve listed the following arguments on why they are not right for their projects community-driven approach.
- Avoiding Whale Domination: DogLibre doesnt want a handful of whales or opportunistic investors controlling the $DOGL token. That would go against its goal of building a community-centric ecosystem where each member has a voice.
- Protecting the Community: Fair launches can inadvertently leave retail investors vulnerable to price manipulation. The structured crowdsale ensures a foundation prioritizing fairness and transparency.
- Building a Strong Foundation: Crowdsales allows us to create a more balanced distribution of tokens, ensuring that $DOGL ownership remains decentralized and genuinely representative of its growing community.
Crowdsales Are All About YouThe Community
DogLibre has said their decision to launch a crowdsale had nothing to do with raising massive funds or getting venture capitalists involved in their genuinely community-based project.
Weve intentionally avoided VC funding to stay true to our values, said Lee Lin Liew, Project Lead of DogLibre. The crowdsale is our way to ensure we prioritize the people who believe in DogLibres mission and want to be part of its long-term journey.
Heres how its crowdsale benefits the community:
- Decentralized Ownership: Making tokens accessible to everyone in the community ensures a healthy and balanced token economy that is resilient against market manipulation.
- Transparent and Inclusive: DogLibres crowd sale process was designed to be simple and open, allowing anyone to participate without worrying about being left out by insiders.
- Empowering the Community: Unlike traditional fundraising models, DogLibre´s focus isnt on attracting VCs but on growing alongside a community that shares the vision and mission of using blockchain technology to make a real-world impact on stray and pet dogs.
- Sustainable Growth: Crowdsales allow DogLibre to build DogLibre at a measured and sustainable pace, ensuring that its roadmap and token utility evolve to benefit the community first.
DogLibre Is Not Just Another Memecoin?
At DogLibre, theyre not just another meme project chasing short-term hype, and, believe us, there are thousands of them out thereover 2,000, to be more precise, according to global research.
Unlike over 90% of all other memecoins, its mission is rooted in creating real-world utility through AI, IoT, gaming, dynamic NFTs, and even DePINall aimed at improving the lives of dogs globally while creating value for its token holders.
Choosing the crowdsale method over Fair Launch is DogLibres way of saying theyre here for the long run. They decided to bank on community growth and trust, align with its values, and build a remarkable token thats more than just fun and engagingits about effecting change for the millions of beautiful, cute dogs, improving peoples lives, and for those of us who love them.
About DogLibre
DogLibre is a groundbreaking ecosystem combining advanced technology with real-world solutions to transform dog welfare. Backed by industry trailblazers, DogLibre empowers a global community, uniting people to create lasting, impactful change for stray and pet dogs everywhere.
Text source: Coinpedia – Fintech & Cryptocurreny News Media| Cr
