7-Days To Monad Token Sale: Coinbase Token Sale Platform Details

Monad Token Sale To Go Live on Coinbase Token Sale Platform: Full News

Huge Coinbase news is hitting the crypto market today. The official X account announced the new ‘Coinbase token sales platform’, a regulated system for selling digital coins. 

The first project to appear on the launchpad is the highly anticipated Monad token sale. For the first time since 2018, retail users in the U.S. can widely participate in the public asset offerings again.

First Project: The Coinbase Monad Token Sale Starts November 17

The spotlight is now on the $MON which is launching via exchange's launchpad. The monad token sale starts very soon, with key details already announced:

• Offering Dates: The coin offering with monad token sale will be open from November 17th, 9am ET to November 22nd, 9pm ET.

• Total Supply: As per the latest $MON news today, the offering is for 7.5% of the total supply of the asset.

• Price: The fixed price is just $0.025 per coin.

• Participation Limit: Participants can bid up to $100k.

The distribution is accessible in over 80 countries, including the United States. This marks the first-ever public Monad public sale hosted on Coinbase platform.

How the Coinbase Token Sales Platform Works? All Details Here

Exchange is launching this new platform to host about one coin distribution a month, revolutionizing how assets are distributed. This is a massive improvement over old "first-come, first-served" allocation that often favored bots and whales.

It’s new design focuses on the many over the few, ensuring real supporters are prioritized and leading to a sustainable distribution:

• The Algorithm: It uses a special algorithm called "Filling up from the bottom." This design promotes broader distribution and limits asset concentration. 

• Request Window: The offering will be open for a fixed amount of time. Users can submit their request at any point during this window.

• Putting Users First: To reward true supporters, users who sell their coins shortly after listing (less than 30 days) may receive smaller allocations. This ensures access is prioritized for a project’s real users.

As per my analysis being a crypto writer for a long time now, this Coinbase token sale platform launch will result in huge success for Monad mainnet launch because of its fair and efficient user-centric features.

Why November 24 Launch Success Looks Imminent

The reason for all the excitement around the Monad crypto news today is the project's huge mission: to power a new world economy with state-of-the-art financial infrastructure. 

It will achieve this through three pillars: Enabling the Best Experience for Developers, Global Reach and Impact, and Best-in-Class Technology.

On November 24th, 9am ET, the world will witness the mainnet launch, alongside its native asset, $MON. The combination of the official coinbase $MON listing and its offering debuting through digital coin offering platform makes the asset’s future more reliable than ever. 

Conclusion

The Monad public Sale and the new Coinbase token sale platform launch provide access for the retail community across most regions globally, with plans to expand further. 

The fact that U.S. users can now widely participate is considered a huge win for the American crypto economy.

Traders should keep an eye for more details on the release window, which runs from November 17-22. This regulated access through coin offering is setting a new standard for asset release worldwide.

Disclaimer: This article is for informational purposes only, and cryptocurrency is a risky industry, so always do your own research first before investing.