Coinbase Launches Fair-Allocation Pre-Listing Token Sale Platform
Coinbase has launched a new token sale platform that allows retail investors to buy digital tokens before their official listing. The pre-listing token sale platform uses USDC and runs over a fixed one-week window. A fair allocation algorithm replaces first-come, first-served models. Projects must lock tokens for six months after sale. Monthly token sales begin with the blockchain startup Monad’s MON token from Nov. 17–22. Coinbase expects this regulated and transparent model to enhance liquidity, foster community engagement and boost market stability. After the announcement, COIN shares rose 4%, supported by recoveries in Bitcoin and XRP.
Bullish
This news is bullish for MON token. In the short term, the pre-listing token sale platform in USDC with a fair allocation algorithm is likely to drive demand from retail investors seeking early access. The six-month lock-up reduces immediate sell pressure. The transparent model and monthly sales cadence should foster stronger community engagement and improve liquidity. Over the long term, enhanced token distribution and improved exchange liquidity can attract more investors, stabilize prices and support sustainable growth. Coinbase’s successful rollout and positive market reaction, including a 4% rise in COIN shares, also signal strong investor confidence.