Description
Monsta Corp is a web3 ecosystem that originated with Cake Monster ($MONSTA), an experimental DeFi protocol on the BNB Chain launched in 2021. Known for its hyper-deflationary tokenomics and community rewards, the Cake Monster project completed its first cycle but was later deprecated. The organization has since evolved, launching Based Monsta on the Base Chain. Based Monsta is a memecoin project with deflationary tokenomics, operating on 12-month cycles where holders can burn tokens for vault rewards. The current ecosystem, centered around the $MONSTA token, includes Monsta Party NFTs, a charitable initiative called 'Monsta for Good', and 'Monsta Labs', all while focusing on transparency and community engagement through platforms like Telegram and Twitter.