At Community Grocery Store (CGS), we are committed to a fair launch of our CGS governance token. This Fair Launch Policy outlines the philosophy, rules, and measures we have put in place to ensure an equitable token distribution and a transparent launch process that protects our community of participants. The CGS project combines a community-driven grocery marketplace with blockchain technology and DAO governance. We believe that broad and fair participation in our token launch and ecosystem is essential to the project’s success and integrity.
Fair Launch Philosophy
Our fair launch philosophy centers on equal opportunity, transparency, and community empowerment:
- Equal Opportunity for Participants: The CGS token launch is structured to give all eligible community members a chance to participate under the same terms. There are no insider discounts or private releases on special terms that are not available to the public. Every launch participant pays the same price for CGS tokens as published in our our launch website. We have not allocated any secret tranches of tokens for VC at a different price; the launch is intended to be as inclusive as possible.
- Transparency: We strive to be transparent about how the token launch is conducted. Key information such as the total token supply, start and end dates, pricing, hard cap (maximum amount to be raised) and the token allocation plan is clearly communicated on our official website and launch website. We have published our tokenomics for example, what portion is for launch participants, community rewards, team/advisors, and so on. Any changes or updates to the plan are promptly shared with the community through official channels. Additionally, the smart contracts governing the token sale and token distribution are, to the extent feasible, open for public verification.
- Community Ownership and Governance: CGS is fundamentally a community project and our governance token is designed to empower users in the decision-making process via the DAO. Our fair launch approach supports decentralization: by widely distributing tokens among participants (rather than concentrating them in a few hands), we aim to ensure that no single entity or small group can easily dominate governance votes. This broad distribution helps align the platform’s future with the community’s interests. Once our DAO system is implemented, token holders will be able to use their CGS tokens to voice their opinions on proposals, reflecting our commitment to community-driven governance.
- No FOMO Tactics: We are not engaging in misleading promotion. While we actively inform and educate our community about the launch, we avoid tactics that provide speculative and false hype. Our goal is to attract participants who genuinely believe in the CGS project’s mission connecting communities through local commerce rather than speculative actors. We encourage everyone to evaluate the project on its merits, read all disclaimers and risk disclosures, and only participate if they truly understand and support our vision.
Fair Launch Rules and Participation Guidelines
To uphold fairness during the token launch, we have established the following rules and procedures for all participants:
- Eligibility and KYC: All participants must meet the eligibility requirements outlined in our Terms & Conditions and Presale Disclaimer. You must be at least 18 (or the age of majority in your region) and not a resident/citizen of any restricted jurisdiction (e.g., U.S., Canada, China, Hong Kong, Australia, or other regions where token launches are prohibited). During the swap process, users are required to certify their eligibility via a checkbox (e.g., confirming they are not from restricted countries). We reserve the right to implement KYC/AML checks either before or during the launch if needed to verify identities and ensure compliance. While we initially aim to make the process as frictionless as possible (and may not require KYC for every contributor at the very start) we have made it clear that we can require identity verification at any stage.
- First-Come, First-Served with a Hard Cap: The CGS token launch operates on a fair first-come, first-served basis for all who are eligible. There is a fixed total number of tokens available in the first and second launch and a hard cap on the total amount to be raised. This means once the cap is reached, it will close. We will not accept distribution of tokens beyond the hard cap. By enforcing a hard cap, we ensure that the token supply isn’t arbitrarily inflated and that early participants don’t get overwhelmed by an indefinite launch. If demand is very high, the first-come basis ensures everyone had an equal chance at the start; if demand is moderate or low, the launch will simply end when time runs out or the targeted raise is completed.
- No Insider Allocation: Prior to the public launch, no tokens have been distributed or reserved for private investors on different terms. The CGS team and early contributors do not have a special separate sale at a lower price apart from what is allocated in the tokenomics. The tokens allocated for team & advisors, plus community incentives, those are part of the transparent token allocation schedule and are subject to lock-up / vesting period (explained below) to ensure fairness. In other words, team members or advisors will not be able to dump tokens on the market immediately after launch, as their tokens are locked for a period of time. This commitment prevents scenarios where insiders could benefit at the expense of public participants.
- Refunds and Cancellation Policy: As stated in our Terms and sale conditions, token purchases are generally final and non-refundable. However, in the unlikely event that we decide to cancel the token presale, we will refund contributions to participants as required. All refunds, if ever necessary, would be handled promptly and transparently. Our goal is that participants either receive the tokens they swapped for. We will not unilaterally change the rules mid-sale in a way that disadvantages participants without offering a remedy.
- Fair Information Access: We ensure that all material information about the token sale is available to everyone at the same time. Official announcements are made via our website and verified community channels. We do not provide select individuals with early insider information. If there are any updates (e.g., extension of sale time, changes in dates, etc.), those are communicated publicly to avoid any one group gaining an unfair informational advantage for trading or participating. We also encourage participants to rely only on our official sources for information to avoid misinformation or scams.
Protections Against Unfair Practices
CGS has implemented measures to protect the community and the token launch from manipulation, fraud, or other unfair practices:
- Anti-Bot Measures: We have a vesting system in place to mitigate the impact of automated bots or scripts that might try to flood the token sale. We may also implement rate-limiting on our launch portal and firewall suspicious IP addresses. The goal is to prevent a scenario where bots could mass-purchase tokens in milliseconds, disadvantaging human participants. If our system detects bot-like behavior or an overload of requests, it will block those to ensure real users can participate smoothly.
- Team & Advisor Token Lock-ups: To demonstrate our long-term commitment and to align with the community, any tokens allocated to CGS team members, founders, or advisors are subject to lock-up/vesting periods. This means team members cannot “dump” their entire token balance on day one of uniswap launch, which protects the market from an oversupply by insiders and gives public participants confidence that the team is in it for the long haul. The specifics of any team vesting schedules are disclosed in review of our vesting smart contracts.
- No Market Manipulation: CGS will not engage in any practices to manipulate the secondary market price of the CGS token. We won’t be coordinating pumps, making false announcements to inflate price, or any such unethical conduct. Our focus is on building project fundamentals. Post-launch, the token’s price is determined by the market. We caution all participants that the market can be volatile and that CGS’s role is not to manage token price but to deliver a valuable app and governance model.
- Continuous Communication: During and after the token launch, we maintain open lines of communication with our community. If any issues arise (for example, a technical glitch in the sale process or any potential security concern), we will inform participants as soon as possible and outline the steps being taken to address it. We also welcome community questions and scrutiny a fair launch means we stand ready to explain and justify our processes openly. Our official Telegram or other support channels are staffed to assist users throughout the sale period, and beyond.
Ongoing Fairness and Community Protection
A fair launch doesn’t end on the day the tokens are distributed; we are committed to fair practices throughout the lifecycle of the project:
- Fair Use of Treasury/Reserves: If there are tokens set aside for ecosystem growth or a community treasury, any use of those tokens (for partnerships, liquidity provision, further fundraising, airdrops, etc.) will be done under transparent conditions with guidance from our financial advisors and accountants. We commit that any future distribution of tokens from these reserves will also follow fair principles (e.g., if doing an airdrop or reward campaign, criteria will be objective and inclusive; if providing liquidity, we do so in a way that supports healthy market function).
- Food Marketplace Fairness: Since CGS is also a grocery marketplace, fairness extends to how we treat our growers and consumers. This is reflected in policies like transparent fee structures, equal access to the platform features, and our loyalty and referral programs that reward genuine participation (as detailed in our Terms & Conditions). We have a Fair Grower Marketing Fees principle meaning we continually evaluate our fee structures to ensure that no group of users (like small farmers) is unduly disadvantaged. Although this strays from token launch specifics, it is part of our overarching fairness ethos in all aspects of CGS.
- Continuous Fair Launch Policy Review: We consider this Fair Launch Policy a living document. We will review and update it if necessary as the project evolves. For example, if new fairness concerns arise (perhaps due to new technology or market conditions), we will address them and adjust our policies accordingly. Any such updates will be communicated to the community, and wherever possible, significant changes to how tokens or governance work will be put to a community vote.
The CGS Fair Launch Policy underscores our dedication to building a community-centric project. Our goal is that every participant whether a token buyer, a platform user, or a community member feels that the launch and growth of CGS is conducted ethically and transparently. By adhering to the principles and rules outlined above, we aim to foster trust and set the foundation for a vibrant, engaged community that grows together on a fair footing.
For any questions or feedback regarding this Fair Launch Policy or any related aspect of the CGS project, please reach out to us via our official channels.
We value the community’s input in holding us accountable to these standards.
Together, we will strive to make CGS a success story built on fairness and collaboration.
