Odaily reports that Coinbase's token sale platform will allow selected investor groups early access to new cryptocurrencies before they open for trading on its main exchange. However, the platform aims to limit asset concentration in the hands of large buyers. Individual recipients who sell their tokens within a month of the launch may receive a reduced allocation in future offerings, and the token issuer and its affiliates will be prohibited from selling their holdings for six months. A Coinbase spokesperson stated that Monad, a crypto project running its own blockchain network, will be the first company to issue tokens through the platform, scheduled for later in November. The exchange plans to subsequently list all tokens launched on the new platform on its main exchange, with approximately monthly offerings planned. (WSJ)