Monad Reveals Details for Upcoming MON Token Sale
ICO Schedule and Pricing
The Monad Initial Coin Offering (ICO) is scheduled to run from 9:00 AM EST on November 17 to 9:00 AM EST on November 22. During the sale, the project will offer 7.5 billion MON tokens, which represents 7.5% of the initial total supply. Each MON token will have a fixed price of $0.025. This valuation is based on an implied fully diluted value of $2.5 billion for the Monad Network, which has a total supply of 100 billion tokens.
Token Allocation and Vesting
According to project documentation, the token economics outline a broad distribution strategy. The development team is allocated 27% of the total supply, subject to specific lock-up and vesting conditions. All team tokens will be locked for the first year after the Monad Public Mainnet launch and will then be released gradually over the following three years. Individual vesting schedules are tied to involvement dates and typically last three to four years.
The largest portion, 38.5%, is dedicated to ecosystem development and will be unlocked at launch. Investors are set to receive 19.7% of the supply, while 4% is reserved for the Category Labs treasury, the entity formerly known as Monad Labs. Additionally, an allocation of 3.3 billion MON, or 3.3% of the supply, is designated for an airdrop to Monad community members and the wider crypto ecosystem after the ICO concludes.
Post-Launch Liquidity Strategy
To support the token’s debut, MF Services plans to deploy up to 0.20% of the initial MON supply to provide liquidity on one or more decentralized exchanges. Coinbase reportedly views this as a short-term measure intended to facilitate initial token access and help stabilize the price against potential market volatility.