Monad (MON)
Monad is an innovative EVM-compatible L1 blockchain network with over 10,000 TPS throughput capacity. It offers significantly higher transaction speed and lower fee costs while being seamlessly integratable for Ethereum dApp developers and EVM wallet users. It achieves this by implementing major changes in transaction validation and execution, such as parallel transaction processing, a BFT consensus model, deferred from consensus transaction execution, and an improved database structure.
Since its inception in 2021, the Monad Labs crypto startup has managed to raise an impressive $244M from Paradigm, Dragonfly Capital, Shima Capital, and other prominent funds. On November 17, the platform launched a $MON ICO on Coinbase with the aim to raise $187.5M at a $2.5B FDV.
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Monad Airdrop & Retrodrop & Bounty
Monad is a high-performance, EVM-compatible Layer 1 blockchain with 10,000+ TPS, offering faster transactions and lower fees. It supports Ethereum dApps and wallets, using innovations like parallel execution, BFT consensus, and an optimized database for improved efficiency.
In January 2025, Monad launched its testnet, where you can start interacting with projects from the Monad ecosystem. Hence, the CoinLaunch team prepared for you an ultimate guide on how to join the Monad testnet and potentially qualify for the Monad airdrop.
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