Monad Blockchain Goes Live With 100B MON Token Supply, Airdrop
11 Articles
11 Articles
Monad's $105 Million Airdrop Underwhelms Speculators as Token Debuts Near Sale Price - WorldNL Magazine
In brief A long-awaited airdrop of MON tokens was completed on Monday. Monad's airdrop was valued around $105 million. The token’s price was close to that of a recently conducted public offering. Monad completed its long-awaited airdrop of MON tokens on Monday, giving recipients access to millions of dollars worth of cryptocurrency alongside its blockchain’s debut.Earlier this month, the much-hyped competitor to Ethereum and Solana saw around 76…
Monad Officially Launches on Mainnet and its Presale is Oversubscribed on Coinbase
Monad, the high-performance EVM-compatible Layer 1 blockchain promising 10,000 TPS, 0.4s block times, and near-zero gas fees, officially launched its mainnet today. This marks a major milestone for the project, which raised $225M in a Paradigm-led round earlier this year at a $3B valuation. The native token, $MON total supply: 100B, is now live, with […] The post Monad Officially Launches on Mainnet and its Presale is Oversubscribed on Coinbase …
Key points of the news: Token MON debuted with a discreet start, listing around $0.02417, slightly below the public sale price. The public sale was slower than other recent releases, reflecting moderate investor interest and measured optimism. Distribution was controversial, as it concentrated 27% in the hands of the team and 19.7% in investors. The launch of the blockchain Monad's token MON began with a discreet start, despite high market expec…
Monad Up Nearly 50% Coinbase’s First Token Sale Draws 86,000 Buyers
What Happened in Coinbase’s First Token Sale? Coinbase’s first-ever token-sale event drew strikingly broad participation, with nearly 86,000 buyers securing allocations of Monad’s MON token during the exchange’s week-long public offering. The sale — a debut test of Coinbase’s new launch platform — closed oversubscribed at 1.43 times its 187.5 million dollar allocation pool, bringing in 269 million dollars in commitments from users across more th…
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