The team structured the initial release across two segments, with 7.5% sold through Coinbase's Token Platform at $0.025 per token and 3.3% distributed via airdrop.
Monad News
Monad launched its layer-1 blockchain Monday alongside an airdrop of Monad tokens, introducing what the team describes as high-performance infrastructure capable of supporting DeFi, payments, stablecoins, and institutional finance applications. The network aims to scale Ethereum's Virtual Machine into its next growth phase.
The total Monad supply reaches 100 billion tokens, with 10.8% currently unlocked and circulating. The team structured the initial release across two segments, with 7.5% sold through Coinbase's Token Platform at $0.025 per token and 3.3% distributed via airdrop.
The remaining allocation divides as follows: 27% to the Monad team, 19.7% to investors, 4% to Labs Treasury, and 38.5% toward ecosystem development. Community members on X criticized the distribution structure, arguing the team's share exceeds typical industry standards.
Keone Hon, co-founder of Monad, stated that the mainnet launch marks a major step toward making high-performance blockchain infrastructure accessible. He emphasized that developers should not choose between speed, security, and usability.
The platform maintains EVM compatibility, allowing builders to use familiar tools and programming languages without abandoning existing development frameworks. This design decision aims to lower barriers for developers migrating from other Ethereum-compatible networks.
Monad positions itself to serve growing industry verticals, including decentralized finance, payment systems, and emerging institutional use cases for high-frequency finance. The team worked to deliver performance without compromising security or developer experience.
Hon stated the goal involves empowering a new wave of applications while bringing blockchain technology closer to mainstream and institutional adoption. The launch represents Monad's transition from testnet development to production-ready infrastructure.
Some Monad token holders expressed concerns about the team allocation percentage compared to other recent cryptocurrency launches. The debate highlights ongoing tension between founder compensation and community distribution in new blockchain projects.
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