I have to publicly apologize to @SmokeyTheBera for calling him absurd names because of how much they raised
What we are seeing from monad is a pure grift. All the vcs and monad team know they have no actual tech or unique dApps so they wanna milk as much as possible
Monad is on a mission to MAX EXTRACT
After raising $244M from VCs, they’re now raising from retail at a $2.5B valuation, selling 7.5% of supply for $187.5M
That will bring the total funds raised to $431.5M
while the airdrop is only 3%, & the team getting 27%
MAX EXTRACTION & Stop copying MEGAETH, you’ll never be
16.96K
123
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.