The process of launching crypto tokens can vary widely, from initial coin offerings (ICOs) to airdrops, each with its own level of transparency and risk. However, a growing trend in the crypto fundraising landscape is the sealed-bid token launch. This method keeps bids confidential until the process ends, enabling better price discovery, limiting front-running, and curbing manipulation, especially for highly sought-after tokens. Sealed-bid token launches involve participants submitting private bids without knowing what others are offering, similar to traditional sealed-bid auctions. These auctions are increasingly being built on blockchain platforms like Ethereum, using privacy-enhancing technologies to ensure fairness and confidentiality. The process enforces a single bid per participant and involves cryptographic techniques to prevent multiple bids. The sealed-bid format leads to fair and transparent token allocation, reducing bot interference and promoting equitable access during high-demand launches. In April 2024, Conor McGregor fundraised for his memecoin REAL using a sealed-bid launch to prevent manipulation and promote transparency in the crypto space. Sealed-bid token launches follow a structured process that minimizes manipulation and ensures transparency, including project announcement, private bid submission, bid locking, and token allocation. While sealed-bid launches offer advantages like transparency and fair price discovery, they also come with risks such as complexity and the potential for underfunding. As the crypto space evolves, sealed-bid launches may become a standard for transparent and inclusive fundraising, especially for scarce supply tokens.