Why do public token sales still use unlock schedules? It's a rigged game.

Think about it: when projects lock up tokens for public buyers, they're basically dumping all the liquidity risk and price volatility onto retail. Meanwhile, the team sits back with float control and spins whatever narrative suits them.

The logic breaks down fast. If a project truly believes in what they're building—if the valuation actually makes sense—why not unlock everything on launch day? Locking tokens just screams lack of confidence or worse, intentional market manipulation.

Fair launches aren't some idealistic fantasy. They're a stress test. Projects that can't handle full liquidity from day one probably shouldn't be raising capital in the first place.