Monad Unveils Tokenomics with 100 Billion MON Initial Supply
Monad’s public sale offers up to 7.5% of MON tokens at $0.025 each, aiming for $187.5M raise, with liquidity supported by loans to five market makers.
The Monad Foundation announced its mainnet and MON token launch for Nov. 24, with a public sale from Nov. 17–23 on Coinbase’s Token Sales platform at $0.025 per token. The sale could raise up to $187.5 million at a $2.5 billion fully diluted valuation, offering 7.5% of the total 100 billion MON supply. Allocation remains at 38.5% for ecosystem development, 27% to the team, 19.7% to investors, 4% to the treasury, and 3.3% to an airdrop. The foundation disclosed token release schedules, market-making agreements, and risks to ensure transparency, with liquidity boosted by loans to five market makers.
- Tokenomics: The economic model and distribution strategy of a cryptocurrency, including its supply, allocation, and vesting details.
- Mainnet: The fully operational and public version of a blockchain where actual transactions occur using the native cryptocurrency.
- Airdrop: A distribution method where cryptocurrency tokens are given for free to selected users or holders.