# Introduction to Fair Launch on AO

What is a Fair Launch Process FLP ?

A Fair Launch Process is a method of distributing tokens without pre-mines, private sales, or insider allocations. Instead, all tokens are released gradually, allowing the community to participate equally from the start. The process involves:

* **Configuration:** Setting up FLP parameters such as token process, total supply, duration, and release schedule.
* **Create the FLP:** Provide the supply that it's configured with, so that it custodies those tokens throughout its life cycle, distributing them tick by tick.
* **Community Participation:** Enabling users to participate typically by delegating yield or staking assets once the predetermined start date arrives.

### The Benefits of a Fair Launch Process

* **Transparency:** Every aspect of the token distribution is open and verifiable. This builds trust, as participants can see exactly how tokens are allocated without any hidden advantages.
* **Trust:** Every community member gets an equal chance to receive tokens. This inclusive approach mirrors the principles behind decentralized finance.
* **Sustainability:** An FLP prevents market distortions that often occur when insiders dump tokens at the first sign of profit, thereby promoting long-term stability.<br>