Monad Public Offering Raises Over $140 Million, Achieving 78.4% of Target

Fundraising Progress Update

According to public sources, Monad’s public offering on the Coinbase platform has raised over $147 million, representing 78.4% of its total public offering goal.The offering is still ongoing, and fundraising numbers are expected to fluctuate slightly as more participants join.

Public Offering Details

The public sale price is $0.025 USDC per MON, representing 7.5% of the initial token supply.Based on this price, the fully diluted valuation (FDV) of Monad is estimated at approximately $25 billion.As of now, the public sale has followed the announced schedule without reported delays or structural changes.

MON Token Distribution

The total supply of MON tokens is 100 billion. The allocation is as follows:

• Public Sale: 7.5%

• Ecosystem Development: 38.5%

• Team: 27%

• Investors: 19.7%

• Treasury: 4%

• Airdrop: 3.3%

The initial circulating supply at mainnet launch is expected to be approximately 10.8% of the total supply. Tokens allocated to the team and investors are subject to lockup and vesting schedules.

Technical Overview

Monad is planned as a Layer-1 blockchain compatible with the Ethereum Virtual Machine (EVM). Its key technical highlights include:

• Parallel execution architecture

• Custom virtual machine (MonadVM)

• Optimization for low latency

• Compatibility with Ethereum developer tools

These technical details are publicly disclosed; actual network performance will depend on the mainnet deployment.

Mainnet Launch and Airdrop

The mainnet is scheduled to enter a key launch phase around November 24. The airdrop will be distributed following the mainnet launch. Eligible participants can verify their eligibility on the official airdrop portal, but tokens will not be released until mainnet activation. The total airdrop allocation represents 3.3% of total token supply and will be distributed in stages according to official guidelines.

Summary of Public Information

Based on official sources and media reports:

• The public offering has raised over $140 million, reaching 78.4% of its target.

• The token distribution plan is clearly defined, with a limited initial circulating supply.

• Technical details are disclosed and focus on high-performance EVM compatibility.

• Mainnet launch and airdrop timelines are scheduled, with specifics to be confirmed upon network activation.

No official announcements indicate delays or modifications to the public offering or technical roadmap. All figures are based on publicly available information.

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