The post Over Half of MON Supply Locked as Coinbase Hosts First Public Sale appeared on BitcoinEthereumNews.com. Monad, the high-speed Layer 1 blockchain, has revealed the long-awaited details of its tokenomics and mainnet launch. The team confirmed that more than half of its MON tokens will remain locked at launch, signaling a controlled and sustainable rollout strategy. The announcement also marked a major milestone for Coinbase, which will debut its new token sales platform with Monad’s public offering. Coinbase to Host MON Token Sale   The MON public sale will open on November 17 at 9 a.m. ET and run until November 22 at 9 p.m. ET. Coinbase users in over 80 countries, including the United States, will be able to participate. A total of 7.5% of the entire MON supply will be available for purchase at $0.025 per token, with a minimum bid of $100 and a maximum cap of $100,000 per participant. This makes Monad one of the first major projects to tap into Coinbase’s new ICO infrastructure. Over 50% of MON Tokens Locked at Launch Monad’s total token supply stands at 100 billion MON, with 50.6 billion—or 50.6%—locked at launch. These locked tokens cannot be staked and will follow defined vesting schedules. The locked portion includes allocations for the team, investors, and the Category Labs Treasury (formerly Monad Labs). The remaining unlocked tokens include 7.5% for the public sale and 3.3% for airdrops, alongside tokens reserved for ecosystem development. Token Distribution and Ecosystem Growth According to the Monad Foundation, 38.5% of the total token supply is dedicated to ecosystem development, 27% goes to the team, and 19.7% to investors. The Category Labs Treasury will hold 4% for long-term operations and strategic projects. The foundation said it plans to manage these resources carefully over the coming years through grants, incentives, and validator delegation programs. Mainnet Launch Set for November 24 The $MON token sale leads… The post Over Half of MON Supply Locked as Coinbase Hosts First Public Sale appeared on BitcoinEthereumNews.com. Monad, the high-speed Layer 1 blockchain, has revealed the long-awaited details of its tokenomics and mainnet launch. The team confirmed that more than half of its MON tokens will remain locked at launch, signaling a controlled and sustainable rollout strategy. The announcement also marked a major milestone for Coinbase, which will debut its new token sales platform with Monad’s public offering. Coinbase to Host MON Token Sale   The MON public sale will open on November 17 at 9 a.m. ET and run until November 22 at 9 p.m. ET. Coinbase users in over 80 countries, including the United States, will be able to participate. A total of 7.5% of the entire MON supply will be available for purchase at $0.025 per token, with a minimum bid of $100 and a maximum cap of $100,000 per participant. This makes Monad one of the first major projects to tap into Coinbase’s new ICO infrastructure. Over 50% of MON Tokens Locked at Launch Monad’s total token supply stands at 100 billion MON, with 50.6 billion—or 50.6%—locked at launch. These locked tokens cannot be staked and will follow defined vesting schedules. The locked portion includes allocations for the team, investors, and the Category Labs Treasury (formerly Monad Labs). The remaining unlocked tokens include 7.5% for the public sale and 3.3% for airdrops, alongside tokens reserved for ecosystem development. Token Distribution and Ecosystem Growth According to the Monad Foundation, 38.5% of the total token supply is dedicated to ecosystem development, 27% goes to the team, and 19.7% to investors. The Category Labs Treasury will hold 4% for long-term operations and strategic projects. The foundation said it plans to manage these resources carefully over the coming years through grants, incentives, and validator delegation programs. Mainnet Launch Set for November 24 The $MON token sale leads…

                                                                               Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week.                     Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more