What is Monad?
Monad is a next-generation Layer 1 blockchain that leverages the Ethereum Virtual Machine (EVM) β the software powering Ethereum and all networks built on top of it. This means that Monad is fully compatible with all existing Ethereum smart contracts and applications, requiring zero modifications to run.
However, Monad is not just another EVM-compatible blockchain. The team is rebuilding the EVM from scratch, aiming to fix its inefficiencies that have caused scalability issues, performance bottlenecks, and high transaction fees on Ethereum.
π Official Website: monad.xyz
π Official X (Twitter): x.com/monad_xyz
π Introduction to Monad: docs.monad.xyz
Why Does It Matter?
Ethereum has been at the forefront of decentralized applications (dApps), but it struggles with slow transaction speeds and high gas fees. Monad wants to solve these problems at the core, providing a faster and more efficient alternative while maintaining full Ethereum compatibility.
Monad Raises $224M in Funding
Monad Labs secured a massive $224 million funding round, led by Paradigm, one of the biggest names in the crypto space. This kind of backing signals strong confidence in Monadβs technology and future potential.
Will There Be a Huge Airdrop?
Some speculate that this could be one of the biggest airdrops of 2025 β weβll publish later about this and how can you be eligible for this airdrop. So make sure you stay tune our social channels! π₯
What do you think β could Monad be the next big blockchain breakthrough? Let us know! π
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