Transition from MonopolyCoin to Mon
After thorough discussions based on community and DAO governance principles, it has been decided that MonopolyCoin will be rebranded as “Mon”, and a new coin will be introduced due to legal and security considerations.
📌 Legal Background • In the United States, Europe, and other regions, Hasbro holds trademark rights for the “Monopoly” brand in relation to board games and related products (e.g., online games, mobile apps, entertainment services, etc.). • To ensure the long-term sustainability and legal security of the project, the community has decided to create and adopt a new coin.
📌 New Naming & Announcement Timeline • The new coin’s name will be announced at a later date due to trademark protection and security considerations. • Following DAO principles, the final name will be determined through community discussions and officially announced.
📌 Compensation Policy for MonopolyCoin Holders
✅ Existing MonopolyCoin holders will be able to exchange their coins at a 1:1 ratio once the new coin is issued. ✅ The new “Mon” coin will be automatically distributed to all wallet addresses holding MonopolyCoin. ✅ No action is required from current holders—new coins will be received automatically. ✅ This transition follows DAO governance principles and is designed to protect the rights of existing holders.
📌 Transition Summary
1️⃣ MonopolyCoin is being renamed “Mon” based on community and DAO governance discussions, considering trademark concerns. 2️⃣ The new coin’s name and logo will be revealed at a later stage to prevent security and preemptive naming issues. 3️⃣ All existing MonopolyCoin holders will automatically receive the new coin at a 1:1 ratio. 4️⃣ As a DAO and utility-focused project, Mon follows the principles of decentralization within the blockchain ecosystem.
🚀 The Mon Project is committed to continuous innovation, legal compliance, and building a safe and transparent blockchain ecosystem.
