Monad Network and Airdrop Date Announced: Starts on November 24

In the crypto world, investors are eagerly awaiting the Monad (MON) network and token airdrop, which will begin on November 24 at 17:00 (Turkey Time). According to the official announcement from the Monad team, this new Layer-1 blockchain and its native token MON will be made available on November 24 at 09:00 (Eastern Time).

The network launch and community airdrop stand out as one of the most notable crypto events of 2023. The Monad Foundation kept the token request portal open for user access until November 3. During this period, users were able to view their MON allocations and connect their wallets. However, heavy demand led to performance issues with the partner wallet provider Privy.

Monad's Marketing Director Nathan Cha emphasized the excitement by stating, "This is one of the most anticipated crypto launches in the past year." The number of users participating in the airdrop program is quite remarkable. This program includes early community members along with around 225,000 on-chain users, featuring activists from significant projects like Aave, Hyperliquid, and Uniswap.

The Monad Airdrop will not be limited to the users of the above projects; long-term holders of certain NFT projects and DAO governance participants will also be rewarded. The Monad Foundation stated, "We want the Monad community to be the main stakeholders in shaping the future of the network." Education-focused projects like RareSkills and SheFi will also receive a share of the token allocations.

Although the details of the tokenomics have not yet been disclosed, it is noted that Monad has raised a total of $225 million in investments since its establishment in 2022. The project aims to combine Solana speed with Ethereum security. The specialized MonadDb database and parallel processing engine introduced during the testnet phase can handle thousands of transactions simultaneously, providing sub-second accuracy and elevating the user experience.

During the network launch, an integrated working plan with applications such as Uniswap, Magic Eden, OpenSea along with wallets like MetaMask, OKX, Backpack, Rabby is being planned. For crypto investors, Monad emerges as a new alternative that should be taken seriously in the market.