# Pinksale Fairlaunch

**What is a Pinksale Fairlaunch?**

* It’s a Presale with a fair launch structure and that means it has *only a soft ca*p but no hard cap.
* The pool will be divided by the number of BNBs raised during the presale.
* The price of $HOWL  can only be known at the end of the Presale. That’s how a Presale with fair launch structure works.

**Whitelist -** There is <mark style="color:red;">**NO**</mark> whitelisting required. Everybody will have an equal chance to buy $DeFi on PinkSale at release time.

**PancakeSwap Listing -** After pinksale Fair-Launch end time, $HOWL/BNB liquidity pair will be created within 24 hours.&#x20;

**Why go for a Pinksale Fairlaunch over other forms of presales?**\
\
By using Pinksale's Fairlaunch system it provides everyone an equal opportunity to take part! This also allows us to fund the required finances to develop the best potential upcoming utilities and spread marketing worldwide which will benefit the holders and community alike. <br>


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