monad

GMONAD

It’s airdrop season, @monad-xyz has just announced a $225m fundraise led by @paradigm, and you realise you haven’t started farming.

Fret not, you’re still early - keep reading to get yourself up to speed quickly.

(DYOR, click links AYOR etc.) 👇🧵

A research-driven technology investment firm. https://paradigm.xyz

1) WHAT IS MONAD?

Monad is a 100% EVM-compatible L1, that offers users “the best of both worlds: portability and performance”. You will still be able to use familiar Ethereum infrastructure like MetaMask and Etherscan, but with 10,000 tps (1bn per day) per-transaction, costs will be significantly cheaper.

They achieve this “through parallel and asynchronous execution of EVM transactions alongside other optimizations to both consensus and execution.”

i.e. they are really smart so trust them:

2) WHY SHOULD YOU CARE?

“Currently, Ethereum only has the capacity for 500k daily users making (on average) 2 transactions per day. For Blockchain technology to truly push into the mainstream, we need a solution that can support 100x the users (50M people) and 10x the number of transactions per user...

...Monad is positioning itself as the best solution to fulfil this vision.”

Monad recognises the significance of Ethereum’s infrastructure and user / developer base, so by making Monad a 100% compatible Ethereum execution client they will benefit from more seamless onboarding.

3) THIS IS VERY TECHNICAL, WHY IS @threadguy INVOLVED?

Monad recognises the importance of cultural relevance.

They are fun, approachable and recognise the importance of memes. To further push into the mainstream, they’ve brought on board one of the CT’s most recognisable faces to run their NFTs vertical.

You might see the raise announcement organically on your timeline today, but you’ll definitely hear about Monad on a space very soon:

You might see the raise announcement organically on your timeline today, but you’ll definitely hear about Monad on a space very soon: https://twitter.com/notthreadguy/status/1777709735711568050

4) LET ME FARM MONAD NOW

Slow down there, bucko. Monad has launched its Devnet - “an internal, private environment” - but the Testnet is not yet live.

4) LET ME FARM MONAD NOW

Slow down there, bucko. Monad has launched its Devnet - “an internal, private environment” - but the Testnet is not yet live.

https://twitter.com/monad_xyz/status/1768291081303568879

5) OK, SO HOW CAN I CONTRIBUTE?

Monad’s Notion page sets out ways that you can help their mission pre-Testnet: https://monad-xyz.notion.site/How-to-Contribute-3c31c176d59845eabc4a6dfbf3435863

These include:
- Discord: Add value to the discussion, share memes and help Monad push boundaries.

- Twitter: Interact with posters on the Twitter Nad list and contribute with community threads. Most of all, Monad wants to see your memes and personality shine through.

- Events: Although sometimes role-gated, you can keep up to date on Monad events here: https://monad-xyz.notion.site/c449c46c4bb141d6a56f473739097c54?v=0bb9b69f35c3413c89c67c01ffbea527&pvs=25
- Share: Help your community to learn about Monad by sharing their docs and inviting them to the Discord.

6) I'M TERRIBLE AT MAKING MEMES, HELP ME
Monad has you covered there too. There is a meme library and media kit, and some members of the community have even created meme generators:

6) I'M TERRIBLE AT MAKING MEMES, HELP ME
Monad has you covered there too. There is a meme library and media kit, and some members of the community have even created meme generators:

https://monadmemelibrary.notion.site/bcb827d7421946d193761264678a9e09?v=e9e98b2f082a43118f8fec3e23327241

https://skilly.notion.site/skilly/Monad-Media-Kit-0554df533a10449d8dbbf960fd0c52a7

https://monadmemegenerator.com

7) YOU’RE CLEARLY WRITING THIS FOR SOCIAL CRED

Yeh, you’re spot on tbh, I want a Discord role. If you want more frequent and credible information, there are much better sources:

- Substack: https://monadlabs.substack.com
- Nad List: https://twitter.com/i/lists/1645914771764510731
- @billmonday
- @pipeline

8) ARE ANY PROJECTS BUILDING ON MONAD ALREADY?

You betcha, and you can keep track of them here:

8) ARE ANY PROJECTS BUILDING ON MONAD ALREADY?

You betcha, and you can keep track of them here: https://docs.google.com/spreadsheets/d/1BkBAHhwbHMK7spTrBa9kmgWeBqKPJOTR6Ebl6eENOwQ/edit#gid=0

And here: https://monadwhisper.xyz/ecosystem.html

9) WHO IS CHOG?

Great question. Chog is a cat-like creature known to inhabit the monad discord. You can learn more here:

9) WHO IS CHOG?

Great question. Chog is a cat-like creature known to inhabit the monad discord. You can learn more here:

https://monad.center/wiki/index.php/Chog
https://twitter.com/chog_xyz

They achieve this “through parallel and asynchronous execution of EVM transactions alongside other optimizations to both consensus and execution.”

i.e. they are really smart so trust them: https://docs.monad.xyz/briefings/monad-for-users