Coinbase Relaunches US Token Sales Platform
Manage episode 518763290 series 3672166
This podcast focus on that Coinbase has launched a new platform for direct token sales to investors, marking the first time since 2018 that U.S. retail traders can participate in public crypto token sales, often referred to as Initial Coin Offerings (ICOs). This new system is designed to democratize access and prevent the issues seen during the 2017–2018 ICO boom by employing an algorithmic allocation method that prioritizes smaller requests to ensure broader distribution rather than a "first-come, first-served" basis. The inaugural sale, scheduled for November 17–22, will feature Monad (MON), a blockchain project backed by Coinbase Ventures, with a commitment to transparency standards and a mechanism that discourages quick-selling by prioritizing genuine, long-term supporters in future sales. This initiative positions Coinbase as a full-service launchpad aimed at setting a new, fairer standard for early-stage crypto investing.
Disclaimer: This podcast by kavout.com is for informational and educational purposes only and does not constitute investment advice. All opinions are those of the hosts and guests. Please consult a qualified financial advisor before making any investment decisions.
98 episodes