What exactly is a fair launch?

A fair launch is a way of starting a cryptocurrency so that nobody gets a hidden head start. There is no premine, no ICO, no private sale, and no founder or team allocation. From the public genesis block onward, every coin is produced the same way: by mining on hardware anyone can run. Malairte launched this way. The term describes the origin and process of the coin, not its value or any expected outcome. It is a statement about how coins entered circulation, which you can verify on the chain rather than something you have to take on trust.