✍️ The Monad ecosystem is welcoming a pretty important IDO: @alloca_xyz This project was formerly known as Monad Pad and has received investments from institutions like CMS. Its goal is to serve as a long-term financing and trading engine for the Monad ecosystem, enabling fair launches for projects, free trading for users, maintaining self-custody of funds, and using 100% of its revenue to buy back the platform token ALLOCA. To put it simply, Alloca is a launchpad, but it’s more than just a launchpad. In addition to building an "on-chain capital market" within the Monad ecosystem, they’re also supporting the Molandaks community. This thing had a Free Mint a few days ago, and the floor price was pumped to 3500 MON. Apparently, 15% of DAK will be airdropped to Molandaks NFT holders in the future. I don’t have one, but good luck to you guys making money. What I’m focusing on is the Alloca platform token’s IDO on Seedify. There are two rounds (the GTD round ends in less than two hours, and the FCFS round runs from 12 PM today to 3 AM tomorrow). FDV is $15M, TGE unlocks 100%, and the chances of losing money are pretty low. I managed to snag a GTD whitelist spot and went all in—hoping for some gains. Whether it’ll make money or not, we’ll find out after the results are announced.