an MIT genius raised $225M, built the fastest blockchain ever, made his community grind for 3 years, then gave them 3.3% and the insiders 50% be Keone Hon (@keoneHD) > MIT. dual bachelors + two masters in 4 years > 8+ years at Jump Trading > co-founded Monad Labs in April 2022 > promised 10,000 TPS, sub-second finality, sub-cent fees > posted daily on X for years building one of the most loyal communities in crypto > raised $225M+ including a Paradigm-led Series A > 300 million addresses hit the testnet > people grinded discord for 3 years. testing. building. shilling. for free. then November 2025 the token drops and everything changes > mainnet launched November 24 > first ever ICO on Coinbase at $0.025 > briefly pumped to $0.049 > then the tokenomics came out 27% team 19.7% investors 4% treasury 38.5% ecosystem. community airdrop? 3.3% only and that 3.3% wasnt even exclusive. random EVM wallets that never touched Monad got tokens. people who grinded the testnet for 3 years got filtered out by an AI sybil checker. KOLs got fat bags, influencers got paid to stay quiet. one community member said it perfect: "3 years, 3%. thats just dirty work" > official bridge broke on launch day > tokens missing from wallets > one whale got 5.6M MON airdrop and panic sold below ICO price > MonadScam hashtag trended on X > Arthur Hayes called it a "high-risk VC coin" and predicted 99% crash today: > price down 55% from ATH sitting at $0.021 > $224M TVL on a chain that raised $225M. barely above what they raised. > ~8,230 holders > Keone went quiet > next unlock March 24 2026 the tech was never the problem 10,000 TPS is real also the chain works gud but you dont call it "community first" then hand 50% to insiders and 3.3% to the people who built your hype for free. the math aint mathing and the next unlock hasnt even hit yet