Coinlist CEO: “Here’s how you launch a hyped, legit token (sorry EigenLayer missed this window, but everyone else can learn):

1. The community needs to feel like they’re insiders. Do an aggressive inside sale for the best community members at an aggressive discount to last round. I’m talking 70%+. Choose 500-2000 people for this. Give them meaningful stakes. I’d even do a custom NFT for this group (h/t patron sales).

2. For everyone else, give them a fair pre launch price for the community round. At least last round.

3. Be transparent and don’t engage in shenanigans. Were there secondaries? Can locked vesters stake? Is there a strange MM deal everyone should know about? Did you give Binance 20% of network supply? People should know.

4. Speaking of vesting, I’m conflicted. I don’t believe in 100% unlocks on day 1, as the team should absolutely continue vesting. And the data shows that sale participants / community should vest. But should investors and partners? Likely no. Low float high …