monad raised $225m across multiple rounds: seed, series A, and a $225m series B at inflated valuations before shipping anything then did a community round on Coinbase that raised another $269m total war chest of nearly $500m to build what Solana already does but with EVM compatibility literally launched mainnet TODAY and already trading below ICO price at $0.024 after selling at $0.025 the Coinbase sale took 5+ days to fill, even Plasma cleared in one block. had to extend the window because demand was that weak sits at a $2.4b+ fdv on day one BEFORE proving it can handle actual load team owns 27% of supply, that's 27 BILLION tokens. another 19.7% to VCs who bought at fractions of a penny 50.6% of tokens locked with vesting through 2029, meaning years of constant sell pressure from insiders who are already up 100x+ "parallel EVM execution", congrats, you copied Sei and Neon's homework and raised 50x more money to do it the "ecosystem fund" is 38.5% of supply that'll get dumped funding discord moderators to shill the chain entire pitch is "Ethereum but faster" in 2025 when we have 47 L2s that already do this for 1/100th the valuation built by ex-Jump Trading guys who convinced VCs to give them half a billion dollars to compete with Solana literally sold tokens to retail at $0.025 and it immediately dumped below that within hours classic VC exit liquidity event disguised as a "community round" 0/10