Coinbase's first IPO project Monad
Frequency: Token sales will be held monthly going forward
Allocation mechanism: Algorithmic allocation, not first-come-first-served, no over-subscription allowed
Time: Opens on November 11, 7-day subscription window
Monad airdrop time: November 24
Trading restrictions: Accounts that sell immediately after tokens become tradable will have their allocation reduced in future sales (rules similar to Legion)
Cannot use purchased KYC; verification is extremely strict
