Why does Ergo's fair launch matter?

Ergo had no pre-mine, no ICO, no VC allocation. 100% of ERG enters circulation through mining. That removes a major insider-allocation overhang and makes governance less dependent on early investor exits. Long-term decentralization still depends on active miners, users, builders, and community participation.

• No pre-mine: zero coins existed before mining started
• No ICO/IEO: no token sale to insiders or VCs
• No VC allocation: no investors with governance power
• Genuine decentralization: network owned by participants
• Aligned incentives: builders and users, not extractors