explaining monad's edge in 2 minutes
simply: it's a highly performant open system
why does that matter? that doesn't feel unique!
it sounds like a vision for crypto that's been around for 10 years...
exactly.
allow me to briefly elaborate:
corporations don't want to build on a chain that's controlled by a competitor
and most don't want to spend the resources to run their own chain
neutral blockspace gives everyone fair access - users, startups, corporations... everyone
but neutrality is only viable if it's fast enough to scale
monad is not the first neutral option, but it's the most performant one
an open, neutral and performant settlement layer enables an efficient and productive onchain economy
capital markets create liquidity, shared liquidity makes trading, lending, payments, and RWAs useful
(see monad in the top 3 chains of RWA usage in DeFi)
it is also EVM compatible, which clearly matters
EVM remains the dominant smart contract standard and has the most locked capital
because monad is EVM, apps from Ethereum and other EVM chains can deploy in a matter of minutes, with minimal code changes
and they run much more efficiently on Monad
see: Aave, Balancer, Beefy, Curve, Euler, KyberSwap, Morpho, OpenSea, PancakeSwap, Pendle, SushiSwap, Uniswap
monad has 300ms block times, a globally distributed set of ~200 validators (currently) that can run on consumer grade hardware
and then you have Category Labs
founded by HFT veterans from Jump Trading, CL is quickly becoming the premier EVM R&D firm
recent research (Cadence + BTX) aims to drastically reduce MEV and solves problems that have stumped the cryptography community for decades
(they're winning awards for this research)
there is a clear vision for the future of crypto UX and the team is shipping at record pace
nobody else is doing this, and the proof is public
sooner rather than later, it will become consensus that monad stands alone