**Coinbase Reopens U.S. Token Sales After Six-Year Hiatus with New Platform Launch**

Coinbase has officially resumed token sales for U.S. retail investors after a six-year pause by launching a new token sale platform. This marks a significant development in the American crypto landscape, providing direct access to public token sales that had been largely unavailable to U.S. users.

### First Token Sale Featuring Monad Blockchain

The inaugural sale on Coinbase’s platform will feature Monad, a layer-1 blockchain project. The sale of Monad’s native MON tokens is scheduled to run from **November 17 to November 22**. This event is poised to raise up to $187.5 million based on its pricing structure.

### Fair and Inclusive Allocation Algorithm

To promote fairness and wider token distribution, Coinbase has designed an allocation algorithm that prioritizes smaller orders first. Users placing smaller purchase requests will receive more complete allocations before larger orders are fulfilled. Coinbase explained, “Our algorithm promotes more complete allocation for participants requesting the lowest amounts.”

Additionally, the token sale will operate on a one-week “request window” system, during which participants can submit their purchase orders. Importantly, timing within this window does not affect order priority, ensuring all participants have an equal opportunity regardless of when they submit their requests.

### Measures to Encourage Long-Term Holding

In its effort to create a healthy and committed community around the tokens, Coinbase is implementing several measures aimed at rewarding long-term holders and discouraging immediate resale:

– Users who sell their MON tokens within the first 30 days may face reduced allocations in future token sales.
– A mandatory six-month lock-up period will be enforced for token issuers and their affiliates to prevent immediate secondary market sales.
– Any exceptions to the lock-up rule must be approved and disclosed by Coinbase.

### Broader Impact on the U.S. Crypto Market

By reintroducing token sales to U.S. retail investors, Coinbase’s new platform could reshape how American crypto traders access innovative blockchain projects. The platform will also facilitate token distribution beyond the initial sale, handling secondary market listings directly on Coinbase’s exchange.

Keone Hon, co-founder of Monad, expressed enthusiasm about the opportunity:
“This could extend the reach of Monad by putting MON into the hands of millions of regular people.”

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The launch of Coinbase’s token sale platform represents a major milestone for U.S. retail participation in the crypto space, combining fairness, transparency, and broad access to promising blockchain projects like Monad. Stay tuned for the upcoming Monad token sale starting November 17.
https://coincentral.com/coinbase-reopens-u-s-token-sales-starting-with-monad-blockchain-sale/