Monad Faces Community Backlash After Unveiling Tokenomics

4 hours ago7 min read

The crypto establishment is at it again, folks, and this time it's Layer 1 upstart Monad playing the same tired tune that has left retail investors holding the bag time and time again. Monad’s recent tokenomics reveal isn't just a misstep; it's a full-throated declaration of war against the very community it claims to serve, a blatant cash grab masquerading as innovation.With a paltry 3. 3% of the total MON supply earmarked for an airdrop and another 7.5% for a public sale on Coinbase’s new platform—valuing this pre-launch project at a staggering $2. 5 billion and aiming for a $187 million raise—the math is as insulting as it is simple: a mere 10.8% for the average user. Meanwhile, the insiders—the VCs, the team, the treasury—have quietly carved out over half of the entire pie for themselves, a classic move that reeks of the same centralized greed that Bitcoin was created to dismantle.This isn't decentralization; it's a digital plantation where the venture capital overlords get the fertile land and the retail 'community' is left to fight over the scraps. Remember the ICO craze of 2017? This is a more polished, more insidious version of the same scam, where the promise of a new, faster blockchain is used to justify a pre-mine of epic proportions that will inevitably lead to a massive sell-off from early investors the moment retail liquidity provides an exit.It’s the same old story: the founders and their backers get rich by selling the dream of a decentralized future, a future they are systematically ensuring never comes to pass by hoarding the very tokens that are supposed to represent ownership and governance. In the true spirit of Bitcoin, value is earned through proof-of-work, through securing the network, not handed out in a backroom deal to speculators who contribute nothing but capital.Monad’s model is a direct affront to the cypherpunk ethos, a reminder that for all the talk of smart contracts and parallel execution, the most powerful contract remains the one written in the fine print of a investment term sheet, designed to enrich the few at the expense of the many. The community backlash is not just justified; it is necessary.It is the immune system of crypto finally kicking in, rejecting yet another project that views its users not as stakeholders, but as exit liquidity. Until projects are brave enough to launch fairly, with a significant majority of tokens distributed through genuine, merit-based mechanisms rather than insider allocations, they will remain nothing more than altcoin noise in the sovereign symphony of Bitcoin.

#featured

#Monad

#tokenomics

#community backlash

#airdrop

#public sale

#Coinbase

#Layer 1

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