Monad and Coinbase Announce $MON Token ICO: First Public Sale on the Exchange's New Platform

Monad, a high-performance EVM-compatible Layer-1 blockchain, in partnership with Coinbase, has announced the public sale of $MON tokens. This will be the first ICO on Coinbase's new Token Sales platform, designed for fair token distribution to retail investors, including users from the United States.

The public sale kicks off on November 17, 2025, at 16:00 Kyiv time and will run until 04:00 on November 23. Tokens will be available at $0.025 per $MON, corresponding to a fully diluted valuation (FDV) of $2.5 billion. A total of 7.5 billion $MON tokens - 7.5% of the initial 100 billion total supply, will be offered. The project aims to raise up to $187.5 million.

The Token Generation Event (TGE) and Monad mainnet launch are scheduled for November 24, 2025 - just two days after the sale ends. All tokens will be 100% unlocked at TGE, making the wait short and highly attractive for participants.

The allocation mechanics make this sale especially appealing to "low-bank" retail investors. The minimum bid is $100, with a maximum of $100,000 per account (higher limits for Coinbase One subscribers). In case of oversubscription, which is expected - a "filling up from the bottom" mechanism will be applied: smaller bids get priority, ensuring broader and fairer distribution. Any unsold tokens will be redirected to ecosystem development.

Monad is a blockchain optimized for parallel transaction execution, delivering up to 10,000 TPS, 1-second block times, and full Ethereum compatibility. The project has already raised $225 million led by Paradigm at a $3 billion valuation. On pre-markets (e.g., Hyperliquid), $MON is trading at an FDV of around $5–6 billion, suggesting strong upside potential for ICO participants (2x+ from entry).

Additionally, over 50% of tokens will be locked at launch for the team, investors, and treasury, ensuring long-term alignment. 3.3% has already been distributed via a community airdrop.

Experts predict massive demand: "They’ll get oversubscribed" the crypto community is saying.

The sale is available in over 80 countries, payable in USDC, and requires a verified Coinbase account.

This marks the return of the ICO season with a strong focus on retail protection from whales.