An ICO (initial coin offering) or private sale raises money by selling coins before or around launch, often to insiders at a discount. A fair launch raises no money this way; coins only come from mining. This guide shows how to confirm a coin like Malairte was never funded by a token sale.
Step 1: Search the official record
Read the project's own documentation, announcements, and source repository for any mention of a token sale, ICO, IDO, presale, seed round, or private allocation. A fair-launch project states plainly that no sale took place.
Step 2: Look for sale wallets in the chain
Token sales typically route funds through specific addresses and distribute coins to buyers. Inspect the early chain for evidence of mass distribution to many buyer addresses out of a central sale wallet. A fair emission shows mining payouts instead.
Step 3: Check for a fundraising contract or address
Some sales use a dedicated contract or a published deposit address. Confirm no such fundraising mechanism exists in Malairte's design or history.
Step 4: Reconcile supply with mining once more
As with checking for a premine, confirm that circulating supply matches what mining alone would produce. A sale would inject coins that mining cannot account for.
Step 5: Verify there is no team or treasury fund
Look for any standing pool of coins reserved for the team, marketing, or a foundation. A fair launch has none. Its security and development rest on community participation, not a pre-funded war chest.
Step 6: Confirm with independent sources
Check whether independent community members or explorers describe the launch as fair, and whether any credible record contradicts it. Agreement across sources strengthens the conclusion.
The conclusion you should reach
If the documentation disclaims any sale, the chain shows mining rather than mass buyer distribution, no fundraising mechanism exists, supply reconciles to mining, and there is no team treasury, then no ICO or private sale occurred. That is the fair-launch standard, and it is one you can confirm yourself.