Crypto3 min read
Token Sales
Coinbase wants token sales to be fair. The fine print is more complicated
Coinbase resumes token sales in the U.S., using a 'fill from the bottom' algorithm and penalizing flippers, but the structure raises questions about true democratization. A $269M Monad sale shows demand is high, but who gets tokens and who gets left out remains opaque.
2026-08-05