Monad has officially unveiled its public mainnet launch date and tokenomics plan, setting the stage for one of the most anticipated Layer 1 blockchain launches of the year. The network’s native MON token will debut through Coinbase’s newly introduced token sale platform, with over half of its total supply locked at launch to promote long-term ecosystem stability.
MON Token Sale via Coinbase
The MON token sale will open on November 17 at 9 a.m. ET and run until November 22 at 9 p.m. ET, accessible to users in more than 80 countries, including the U.S. According to the announcement, 7.5% of the total 1 billion MON token supply will be made available through Coinbase at a price of $0.025 per token, with a minimum bid of $100 and a maximum of $100,000 per participant.
This offering marks the first public sale on Coinbase’s new end-to-end token sales platform, designed to streamline access to initial coin offerings for retail investors. Coinbase’s new feature follows its recent $400 million acquisition of the Echo and Sonar crowdfunding platforms developed by crypto trader Jordan “Cobie” Fish.
Token Distribution and Locking Details
Out of the maximum 100 billion MON token supply, the distribution will follow this structure:
- 38.5% allocated for ecosystem development
- 27% reserved for the Monad team
- 19.7% for investors
- 4% for the Category Labs Treasury
At launch, 50.6% of MON tokens (50.6 billion) will be locked, with no staking available for these tokens. The locked tokens include all allocations for investors, team members, and the treasury, each following defined vesting schedules to ensure long-term alignment with Monad’s success.
Meanwhile, 3.3% of MON is allocated for an airdrop, and the 7.5% public sale on Coinbase will be unlocked at launch, alongside a portion of the ecosystem development funds.
Mainnet Launch Set for November 24
The Monad Foundation confirmed that the public mainnet will go live on November 24, shortly after the token sale concludes. The foundation emphasized its commitment to using ecosystem funds strategically, stating that it will issue grants, incentives, and validator delegations through its Validator Delegation Program to support long-term network growth.
About Monad
Founded in 2022, Monad has raised $225 million to build a high-performance, EVM-compatible Layer 1 network that aims to combine Solana-like speed with Ethereum-level decentralization. Recently, Monad Labs rebranded to Category Labs, reflecting its broader mission to advance blockchain infrastructure and innovation.
With the mainnet launch approaching and over half the token supply locked, Monad is positioning itself as a serious contender in the next wave of Layer 1 blockchain ecosystems.
