The MON token airdrop has been criticized for excluding many crypto traders and NFT holders, raising questions about Monad's commitment to its community.
Monad has launched a MON token airdrop, offering tokens to over 235,500 users. However, many traders, especially from Hyperliquid and HypurrNFT, find themselves ineligible, leading to frustration and criticism. The project’s criteria exclude numerous active community members, with just 5,500 wallets deemed eligible out of Monad’s 235,500 Discord users. Critics, including DeFi researcher Coin Metrika, argue that the airdrop primarily benefits wealthier traders, leaving those who contributed to Monad’s growth through testing or promotion dissatisfied. Monad’s handling of the airdrop has raised broader concerns over its user commitment.