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Funding over 200 million USD, Ethereum competitor Monad: MON Airdrop claims open next Tuesday, Mainnet is about to launch.
The highly anticipated Monad project announced on Thursday that its long-prepared Token Airdrop is about to launch its first step: the Airdrop claim portal will open next Tuesday (expected to be October 14, 2025). Monad is an EVM-compatible Layer-1 Blockchain, seen as a strong competitor to Ethereum and Solana. The project has not yet disclosed the eligibility for the MON Token airdrop, total supply, or release schedule, but the market generally expects the Monad Mainnet to go live simultaneously with or shortly after the Token Airdrop. Under the spotlight of the $225 million funding led by Paradigm in 2024, every move of Monad stirs the nerves of the encryption community.
Monad Airdrop is about to launch: First batch details revealed and market expectations
The Monad project has attracted a lot of attention and capital in the encryption ecosystem due to its high-performance EVM-compatible Layer-1 positioning.
· Claim portal open: Monad official announced that the MON Token airdrop claim portal will officially launch next Tuesday, marking the first step of the airdrop process.
· Airdrop details to be revealed: The project team has not disclosed specific details about the MON Token airdrop, including user eligibility requirements, token supply, and planned release schedule. Monad confirmed to the media that the claiming portal will only open next Tuesday, and the airdrop itself will not go live simultaneously with the Mainnet; more details will be shared "in the near future."
· The market is paying close attention: The Airdrop of Monad's MON Token is extremely popular, even being predicted to occur before potential airdrops from crypto giants like OpenSea and MetaMask.
The Core Competitiveness of Monad: High-Performance EVM Compatible Chain
Monad was founded in 2022 by Keone Hon, a former executive at Jump Crypto, and its value proposition directly targets the pain points of the Ethereum ecosystem.
· Background of massive financing: This project successfully completed a $225 million financing led by crypto venture capital giant Paradigm in 2024, providing strong financial support for Monad.
· Dual value proposition: The core competitiveness of Monad is based on two major premises:
· EVM Compatibility: The vast majority of decentralized finance (DeFi) activities occur on networks compatible with the Ethereum Virtual Machine (EVM).
· Efficiency Demand: Users are eager for a faster, more scalable Ethereum alternative without sacrificing security and interoperability.
Testnet Activities and Potential Airdrop Eligibility: Opportunities for Early Participants
Despite Monad's slow rollout becoming a "meme" in the encryption community, the project's testnet launched in February this year has demonstrated strong ecosystem potential.
· Rich testnet ecosystem: The Monad testnet ecosystem not only includes standard DeFi applications but also extends to multiple fields such as gaming, NFTs, meme coins, and prediction markets.
· Incentivizing early participants: Since February, users and developers have been using the worthless "testnet MON" Token to build projects on the network. Although the official has not confirmed whether testnet activity will affect users' MON allocation, early participation and contributions in the testnet are important considerations for rewarding users in typical Token Airdrop coordination.
Conclusion
The opening of the Monad Token Airdrop application portal marks a critical phase in the launch of this highly anticipated high-performance Layer-1 Blockchain moving towards Mainnet. With massive funding and a high-performance EVM-compatible positioning, Monad is preparing to challenge Ethereum's dominance. Investors should closely monitor the upcoming disclosures regarding Monad's airdrop eligibility and token economics, and be wary of the market volatility that the airdrop launch may bring. For early participants in the testnet, the portal opening next Tuesday will be the first step in reaping the rewards of their long-term contributions.
This article is news information and does not constitute any investment advice. The cryptocurrency market is highly volatile, and investors should make decisions cautiously.