Let me tell you something surprising – do you know how much money the Monad project has burned? The VC side has already given 244 million USD, and they still think it’s not enough, so they want to take another 187 million. That adds up to 431 million USD poured in, and in the end, the chain's performance is still not as fast as those ordinary L2s on the market.
What’s even more outrageous is the token allocation plan. The team takes 60.6% for themselves, investors get 18.2%, and what’s left for the community? A pitiful 9.9%. This kind of distribution is comparable to the terrible model of Celestia back in the day, it’s simply setting a new low. Spending so much money to achieve such results while maintaining such a centralized token distribution, I really don’t know how to write the words "decentralization."
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ChainWatcher
· 22h ago
430 million thrown in is still worse than a regular L2? This is ridiculous, pure intelligence tax.
Let me tell you something surprising – do you know how much money the Monad project has burned? The VC side has already given 244 million USD, and they still think it’s not enough, so they want to take another 187 million. That adds up to 431 million USD poured in, and in the end, the chain's performance is still not as fast as those ordinary L2s on the market.
What’s even more outrageous is the token allocation plan. The team takes 60.6% for themselves, investors get 18.2%, and what’s left for the community? A pitiful 9.9%. This kind of distribution is comparable to the terrible model of Celestia back in the day, it’s simply setting a new low. Spending so much money to achieve such results while maintaining such a centralized token distribution, I really don’t know how to write the words "decentralization."