kaal:claim:4015908-035

An auction mechanism for fair launch tokens avoids pricing tokens below their underlying market value, which in turn helps remedy the problems that derive from large whale token holders who can later manipulate the market.

Source quote, verbatim
An auction mechanism for fair launch tokens ensures avoids that tokens are priced cheaper than the underlying market value of the token. This, in turn, helps remedy the problems that derive from large whales token holders that can manipulate the market in the
From

Wulf A. Kaal, Fair Token Launch (2022), IV.3 Auction, p. 17
https://ssrn.com/abstract=4015908 · source PDF

Cite as

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

Holds when
Classification

mechanismsupport: arguedeconomics

Verify

The quote above is an exact substring of the source PDF, whose sha256 is e0925afde0c42a16cd5310983789fae3eb3d1f121e2954a72afa64191d00fe37. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/066841d89d5cfa3d...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/4015908-035.md | sha256sum