Dark launch · sealed bids, then the coin
Bid before the coin exists
Launches are won by snipers and bundles in the opening block. A dark launch has no opening block to win: everyone bids blind for a few minutes, drand opens every bid at once, and the coin is born at one price for all, with its pool already filled.
- Nothing to snipe: the coin does not exist until the round settles
- No gas war, no bundle: the price is one for all
- Under the minimum raise everyone gets their BNB back