So launch and only then distribution, do I understand correctly?
Launch and only then listing on centralized exchanges! Token is minted - means that distributed at the moment of ETH transaction.
Real demand should always come first!
What does it mean? That token is distributed just after you buy it during ICO?
correct!
I can't imagine how it will work. For example, you sell your coins for fixed amount, I'll buy and then want to dump (I may have different reasons), so I'll go to Forkdelta where I can sell your coin cheaper than you do it at the moment during ICO.