kaal:claim:4015908-013

Small market cap launches at very cheap initial prices carry the potential for team and whale purchase abuses, which is why equitable treatment of the public requires significant project-controlled liquidity.

Source quote, verbatim

Small market cap launches at very cheap initial prices bring with them the potential abuses of team and whale purchases.

From

Wulf A. Kaal, Fair Token Launch (2022), III.2.c(2) Liquidity, p. 9
https://ssrn.com/abstract=4015908 · source PDF

Cite as

Wulf A. Kaal, Fair Token Launch (2022). SSRN: https://ssrn.com/abstract=4015908

Holds when

small market capitalization
very low initial token price

Classification

failuresupport: arguedfailure: Cheap small cap launch capturefamily: plutocratic-capturedefieconomics

Verify

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