Coinbase has officially launched a new platform allowing investors, including U.S. retail users for the first time since 2018, to buy digital tokens before they are listed on the main exchange. [1, 4, 7] The initiative aims to provide a more regulated and equitable framework for initial coin offerings (ICOs), addressing issues from the 2017-2018 era. The first project to debut will be the Monad (MON) token, with its sale scheduled for November 17-22. [2, 3] The announcement was met with a positive market reaction, as Coinbase's stock rose 4% in morning trading. [1, 8] The platform intends to host about one token sale per month, using a specific algorithm to allocate tokens, prioritizing wider distribution. [1] This strategic move is viewed as a significant step to democratize access to early-stage crypto projects and expand the company's revenue streams. [7, 10]