**Coinbase Launches Transparent Token Sales Platform to Boost Fair Access and Liquidity**
Coinbase Global Inc. is unveiling a new token sales platform designed to give selected investors early access to new cryptocurrencies before they become available on the main exchange. This innovative approach uses an algorithm to distribute tokens in a way that limits concentrated ownership among large buyers, promoting fairer participation and deeper liquidity.
**Promoting Sustainability and Transparency**
In an official announcement, Coinbase stated:
“We are launching an end-to-end token sales platform to set a new standard, focused on creating a more sustainable and transparent way for projects to distribute tokens and decentralize.”
To discourage early selling that typically disrupts new listings, the platform enforces specific holding rules. If investors sell their allocations within one month, their chances of gaining future access may be reduced. Similarly, token issuers and connected holders will face a six-month selling restriction.
**USDC Payments and Fee Structure**
All token sales on the platform will require payment in USDC, a dollar-pegged stablecoin issued by Circle. Investors will not pay any participation fees, while token issuers will incur a fee calculated as a percentage of the total USDC raised.
**First Token Sale Launch: Monad**
Monad, which operates its own blockchain network, is set to be the first project to distribute its token through Coinbase’s new platform later this November. Coinbase plans to list tokens from these sales on its main exchange after each offering concludes, with one new sale expected every month.
**Addressing Challenges for New Token Issuers**
According to Coinbase, new token issuers often face difficulties getting their tokens into the hands of genuine users while building strong exchange liquidity. The company emphasized:
“Token issuers coming to market today struggle to get their tokens into the hands of real users while building deep exchange liquidity. Coinbase is changing that.”
**Future Platform Enhancements**
Coinbase plans to roll out additional features in the coming months. Potential upgrades may include limit order tools and options for token issuers to prioritize higher allocations for selected groups of users.
**Expansion Through Strategic Acquisitions**
This new platform marks the broadest access for U.S. users to participate in public token sales since 2018, a period when sales slowed due to regulatory concerns and tightening rules following the previous crypto boom.
Industry sentiment shifted following the Trump administration’s more positive stance on crypto regulation, sparking expectations of renewed acceptance for similar fundraising mechanisms in future policy frameworks.
In related developments, Coinbase acquired Echo last month for approximately $375 million. Echo brought the Sonar platform, which facilitates early-stage crypto funding through public sales. Coinbase clarified that its new token sales platform will operate independently of the Echo brand.
Additionally, in May, Coinbase agreed to acquire crypto options provider Deribit for $2.9 billion. This move broadens Coinbase’s derivatives offerings and expands its international reach.
Together, these acquisitions and the launch of the new token sales platform indicate Coinbase’s long-term strategy focused on building robust infrastructure while preparing for increased trading activity across its services.
https://bitcoinethereumnews.com/crypto/coinbase-unveils-end-to-end-token-sales-platform-to-redefine-crypto-launches/