Another thing is, even without a pre-sale, it's still impossible to have a true "fair launch" since VCs will always find a way to acquire coins cheap. Bitcoin's launch cannot be replicated.

KyleOfTheCorn

You're looking at the 100% premine allocation, just broken down by their intended purpose.

I always thought ETH premine was a higher %?

petar

bitcoin

![Initial Token Allocations For Public Blockchains](https://i.postimg.cc/HLdqH7yF/1-Tayype-N1n-RVdmik-Xjuy4h-A.png)

Here's the Tweet that kicked off a Twitter thread about this:

> Know your shitcoin.
>
> Initial token allocations for Public Shitcoins
>
> ie. premine, distributions between public sale (ICO), community allocation (ecosystem funds, airdrops), insiders (VC:s) and foundations (governance, rewards).

https://twitter.com/SpiritOfNakadai/status/1572212495821176834 [[Nitter](https://nitter.it/SpiritOfNakadai/status/1572212495821176834)]

Image source: Messari, but was shared in this post:

*What does increased insider ownership in Public blockchains mean?*
https://medium.com/open-source-x/what-does-increased-insider-ownership-in-public-blockchains-mean-97f8e9e50368