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Monad Labs Raises $225 Million to Revolutionize Blockchain. š„š°
Monad Labs, a rising star in the blockchain arena, recently secured a whopping $225 million investment in a round spearheaded by Paradigm. Joining the fray are notable investors like Electric Capital and Greenoaks, signaling a strong vote of confidence in Monad's vision.
The primary objective driving Monad Labs is to pioneer a new era in blockchain technology by developing a formidable layer-1 solution capable of rivaling established players such as Solana and Sui. What sets Monad apart is its innovative approach, aiming to reconstruct Ethereum's blockchain from the ground up while retaining the crucial capability to execute smart contracts.
At the core of Monad's strategy lies a relentless pursuit of faster transaction speeds, heightened transaction volumes, and reduced costs compared to existing offerings. Notably, Monad ensures seamless compatibility with the Ethereum Virtual Machine (EVM), empowering developers to effortlessly migrate their Ethereum applications onto the Monad platform.
Drawing from their rich background in crafting transaction processing systems for high-frequency trading at Jump Trading in Chicago, Monad's founders identified a pressing need for a more efficient EVM, thus laying the groundwork for Monad Labs.
With the infusion of fresh capital, Monad is gearing up to unveil its testnet in the coming months, with plans to launch the mainnet by year-end. The potential applications of high-performance blockchains like Monad are vast, spanning from high-frequency trading to immersive blockchain-based gaming experiences that demand swift and cost-effective transaction processing.
Venture capitalists remain optimistic about blockchain's future, especially with Monad Labs at the forefront. Stay tuned for exciting developments as Monad reshapes decentralized innovation.
#MON #Monad #EVM #ethereum #MonadLabs
Monad Labs, a rising star in the blockchain arena, recently secured a whopping $225 million investment in a round spearheaded by Paradigm. Joining the fray are notable investors like Electric Capital and Greenoaks, signaling a strong vote of confidence in Monad's vision.
The primary objective driving Monad Labs is to pioneer a new era in blockchain technology by developing a formidable layer-1 solution capable of rivaling established players such as Solana and Sui. What sets Monad apart is its innovative approach, aiming to reconstruct Ethereum's blockchain from the ground up while retaining the crucial capability to execute smart contracts.
At the core of Monad's strategy lies a relentless pursuit of faster transaction speeds, heightened transaction volumes, and reduced costs compared to existing offerings. Notably, Monad ensures seamless compatibility with the Ethereum Virtual Machine (EVM), empowering developers to effortlessly migrate their Ethereum applications onto the Monad platform.
Drawing from their rich background in crafting transaction processing systems for high-frequency trading at Jump Trading in Chicago, Monad's founders identified a pressing need for a more efficient EVM, thus laying the groundwork for Monad Labs.
With the infusion of fresh capital, Monad is gearing up to unveil its testnet in the coming months, with plans to launch the mainnet by year-end. The potential applications of high-performance blockchains like Monad are vast, spanning from high-frequency trading to immersive blockchain-based gaming experiences that demand swift and cost-effective transaction processing.
Venture capitalists remain optimistic about blockchain's future, especially with Monad Labs at the forefront. Stay tuned for exciting developments as Monad reshapes decentralized innovation.
#MON #Monad #EVM #ethereum #MonadLabs
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Mon Protocol 300$ Airdrop | Mon Protocol Confirm Free Airdrop
Join Now app monprotocol ai
Refer Code for 200 Points : maharmuzamil68
#mon
Join Now app monprotocol ai
Refer Code for 200 Points : maharmuzamil68
#mon
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The game sector is ready to move
I donāt know if the mon I recommend below will be airdropped, but I havenāt promoted it. Today I saw pixel promoting mon on the social platform, and I think it has a chance. The return may not be very high, and the task is relatively simple and needs to be done once a day
2000 more points with a referral code: referral code: 1111booss
YGG: As a game infrastructure, every rebound is very strong and worth paying attention to.
Pixel: Built by the AXS team, it has a strong development background and market potential.
Sol chain NFT: small market value, large circulation, and good growth space.
Blur: small market value, focused on NFT exchanges, huge potential for future development. #mon #ęøøęē§
I donāt know if the mon I recommend below will be airdropped, but I havenāt promoted it. Today I saw pixel promoting mon on the social platform, and I think it has a chance. The return may not be very high, and the task is relatively simple and needs to be done once a day
2000 more points with a referral code: referral code: 1111booss
YGG: As a game infrastructure, every rebound is very strong and worth paying attention to.
Pixel: Built by the AXS team, it has a strong development background and market potential.
Sol chain NFT: small market value, large circulation, and good growth space.
Blur: small market value, focused on NFT exchanges, huge potential for future development. #mon #ęøøęē§
MON Protocol, a blockchain game social platform, is launching its MON token on seven crypto exchanges today, May 27th, 2024.
ā¢Claim the token: Starts at 9:30 am UTC
ā¢Trading begins: 10:00 am UTC
#mon #monprotocol #BinanceLaunchpool #EarnFreeCrypto2024 #buythedip
ā¢Claim the token: Starts at 9:30 am UTC
ā¢Trading begins: 10:00 am UTC
#mon #monprotocol #BinanceLaunchpool #EarnFreeCrypto2024 #buythedip
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Token name: MON#.2
- 24-hour price change: 8.27 7-day price change: 11.06
Daily trading volume: $1,311,165.7 Short-term support level: 0.27125
- Short-term resistance level
0.29556
#mon
Token name: MON#.2
- 24-hour price change: 8.27 7-day price change: 11.06
Daily trading volume: $1,311,165.7 Short-term support level: 0.27125
- Short-term resistance level
0.29556
#mon
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#MON guys OkX is flooding again, hurry up, slow hands won't do
Web3 wallet, water distribution center $monad
Web3 wallet, water distribution center $monad
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Greetings, I'm here :) #btc , it came from where I thought it would be, but don't write #mon mon :) getting coined? Those who want, please get in touch. Leveraged transactions still dominate the market š How can you make the earning system only by changing the hands of your money? Playing slots as yours for me and mine for you will make you earn more, at least you will enjoy it, stay away š #USDT $BTC
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