Coinbase Revives Token Sales with New Platform

Coinbase is reintroducing token sales in the US for the first time since 2018 with a new platform that aims to make token launches fair and transparent. The platform will kickstart with Monad's token offering and will favor smaller bids to ensure more participation. Coinbase will also implement rules to discourage quick flips and lock tokens sold through it for six months. The platform will have no fees for buyers, but projects will pay a percentage of the funds they raise.