@cassini
I have some positive thoughts regarding the Monad ICO
7.5b tokens will be sold through the ICO on Coinbase, and these tokens will remain in Coinbase reserves for a period of time. Users who sell within the first 30 days will be marked as paperhands for future ICOs, which will significantly reduce selling pressure.
Monad is the result of many years of R and D, and it is expected to be listed on hundreds of exchanges. With the largest reserve sitting on Coinbase, it will play a major role in supplying liquidity to other exchanges. Airdrop recipients will also utilize their tokens within the ecosystem, which can create a supply shock and reflect positively on the price.
Although the unlocked supply appears to be %49, the tokens allocated to Ecosystem Development will not flow into exchange reserves. Even if they are technically unlocked, they will be distributed over many years to support the community and ecosystem growth. These tokens will be managed long term by the Monad Foundation, meaning they will not create sudden market pressure.
The %7.5 ICO allocation remaining in Coinbase reserves will attract strong liquidity toward Monad. I expect major bridges from Ethereum and Solana ecosystems. Since many exchanges will initially have limited reserves, users may need to bridge liquidity or buy Mon through DEXs, which naturally increases demand.
In summary, even though Monad’s marketing efforts are being criticized, the steps being taken seem positioned to create a supply shock, attract liquidity into the ecosystem, and positively influence long term valuation. I believe there will be many opportunities ahead.