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Coinbase announces own Launchpad, with Monad [MON] as the first project $MON purchase will be launched on Nov 17, 14:00 UTC and end on Nov 22, 2:00 UTC. Sale will follow a distribution mechanism called “filling up from the bottom,” creating a broad distribution among sale participants and limit asset concentration among large purchasers. Token sale details • Sale price: $0.025 ($2.5B valuation) • Sale target: $187.5M • Vesting: 100% unlock at TGE ℹ️ Monad is building a high-performance Ethereum-compatible Layer 1 blockchain designed to improve the overall Ethereum ecosystem by offering 10,000 TPS of throughput and introducing parallel execution and superscalar pipelining. It raised $244M in two funding round backed by Paradigm, Electric Capital, Greenoaks Capital, DragonFly, Shima Capital, Lemniscap and others. 🔘Pre-Market price: $0.048 🔘Pre-Market FDV: $4.8B 🔗monad.xyz/announcements/monads-mission-why-monad Follow us to be on top of crypto: TG | Chat | X