<\/p>\n
The sale structure and tokenomics are raising some eyebrows, as onlookers slam Monad for claiming to be \u201ccommunity-focused.\u201d<\/p>\n
Layer 1 blockchain Monad has revealed plans for a public sale of its native token on Coinbase\u2019s new token sale platform, with 7.5% of the total MON supply offered at a $2.5 billion valuation, implying a $187 million raise if fully subscribed. <\/p>\n
Alongside the announcement, Monad also unveiled its tokenomics<\/a>, which have left users and community members fuming. Just 3.3% of the total MON supply will be airdropped, with another 7.5% distributed during the public sale, meaning only 10.8% of the total supply will be available to the average retail user.<\/p>\n Meanwhile, investor, team, and treasury allocations account for more than 50% of the total supply.<\/p>\n While the MON pre-market on Hyperliquid trades at a $6 billion valuation, community members are calling out Monad after the upcoming Layer 1 spent years preaching about how its community would be rewarded during the token generation event (TGE), only to disappoint.<\/p>\n Auri, a longstanding member of the Monad community with one of the exclusive \u201cMon\u201d roles in the Discord, expressed frustration on X, saying, \u201cI gotta say though this is not ‘community first’ tokenomics. For the first time with Monad, I feel the familiar sour taste of betrayal.\u201d<\/p>\n Investors are voicing concerns as well. One user known as Monkey Rothschild, who invested on behalf of the Wassiverse NFT collection at a $600 million valuation, took to X to unleash a slew of tweets criticizing investors\u2019 vesting<\/a> compared to the public sale\u2019s 100% unlocks, and the tiny airdrop allocation.<\/p>\n