Mints out, or your XCP back.

A new way to launch a coin on Counterparty โ€” every launch identical, enforced by consensus.

The XCP-69 standard

guaranteed by consensus, not this website
  • Mints out, or full refund
  • Liquidity locked forever
  • No platform, no creator fees
  • 69+ addresses to sell out
  • Announced before minting opens
  • Opens at 2.23ร— mint price

Feel the mechanism

The whole standard, hands-on โ€” starting, like every launch, with the mint.

1 ยท The launch is binary

0 of 100M supply minted
public sale ยท 69Mpool ยท 31M

โณ Scheduled โ€” announced on-chain, nothing minted yet.

how it works

The sale line sits at 69M of the 100M supply; the other 31M is reserved for the pool and only ever exists if the line is crossed โ€” 69 + 31 = 100, locked, nowhere else for supply to be. Below the line, every escrowed satoshi refunds at the deadline: there is no partial launch to be bag-held. The 10 XCP per-address cap means crossing takes at least 69 distinct addresses โ€” more if people mint below the cap. A floor on the crowd, not a count.

Sell out the launch above โ€” the pool only exists on the other side of the line.

FAQ

The honest questions โ€” including the ones that don't flatter us.

What do I actually lose if a launch fails?

Your Bitcoin transaction fee โ€” that's it. Every satoshi of XCP you minted with comes back automatically; the protocol has no other outcome. Think of the fee as cheap insurance: you'd much rather pay one transaction fee and get your XCP back than be out both, which is the normal ending on launchpads where a half-filled launch just trades into the floor.

Where do I get the XCP to mint with?

Minting is paid in XCP on your address's Counterparty balance โ€” BTC only covers miner fees. The fastest no-account route is an on-chain dispenser: send BTC, the protocol vends XCP automatically. Buy from the cheapest dispensers here. A max mint is 10 XCP; a launch needs 0.5 XCP for the name.

What happens to the token itself if a launch fails?

It ceases to exist โ€” permanently. At the deadline, consensus destroys every minted token out of protocol escrow (they never touched anyone's wallet), refunds every minter's XCP, and closes the asset locked at zero supply. Nothing lingers in any wallet: no frozen tokens, no dust โ€” minters end bit-identical to never having participated, minus one miner fee. The name itself becomes a tombstone: registered forever, mintable never. Worth weighing if you launch with a name you already own โ€” a failed launch buries the name with the launch.

Can I launch on a token name that already exists?

Yes โ€” and a name with history is a feature. But only the name comes along: consensus requires zero existing supply at launch (the all-or-nothing equation only balances at zero), so even a decade-old name starts with a clean cap table โ€” the 69M + 31M minted at launch is all the supply that has ever existed. You must be the asset's current issuer, it must be unlocked, and it must already be divisible. If it carries supply, destroy every unit first โ€” and supply in other people's hands can't be destroyed, which permanently disqualifies the name. There is no grandfathering old holders; that would be a premine with extra steps.

Are all Counterparty fairminters like this?

No โ€” and that's the point. The fairminter protocol allows enormous variation: no soft cap, no refunds, creator commissions up to 99%, premines, no pool at all. XCP-69 pins one configuration of it, and this site lists only launches that match the standard exactly, checked field-by-field against the on-chain record. Here, every launch behaves identically and you never audit the parameters yourself. A fairminter you encounter anywhere else carries no such guarantee โ€” read its fields before you mint.

Can someone fake the crowd?

Partially. The 10 XCP per-address cap makes a fake crowd cost at least 69 funded addresses โ€” it raises the price of the act, it cannot prevent it. Sybil-resistant in cost, not in principle. The mint tape, address histories, and holder spread are all public, so a manufactured crowd has to fake those too.

Does a refund make me whole?

In XCP terms, exactly. In fiat terms, only if XCP's price held during the ~week-long window. Refunds return quantity, not value.

Is the 2.23ร— opening premium a price guarantee?

No โ€” it's structural, not promised. The pool must open at 69/31 of mint price because those are the only quantities that exist, but the floor decays as people sell into it. Nothing stops a token trading below mint. What the pool guarantees is a bid that never reaches zero, not a bid you'll like.

Where does the token art actually live?

Off-chain by default: the chain permanently carries the URL of the asset-info JSON, and the content behind it is curatable by the asset's current owner (wallet-signature gated). Taproot creators can instead inscribe the image on-chain as the permanent description โ€” no off-chain dependency at all. Either way, nothing economic depends on hosted content.

Full specification with raw compose values and the conformance predicate: docs/xcp-69.md. Conformance is checked field-by-field on-chain โ€” this site lists only launches that match exactly.