Monad Post Summary 2024 Ecosystem Overview: $30 Million for Investment in Ecosystem Native Projects

ChainCatcher news, Monad posted a summary of the 2024 ecosystem overview on its social media platform, reviewing the key data achievements of the Monad ecosystem in 2024, specifically including:

• $1.2 million supporting early-stage projects in the ecosystem;
• $30 million invested in ecosystem-native projects;
• 44 teams showcased at Monad Madness (New York and Bangkok) events;
• 46 early projects accelerated through Mach and Jumpstart;
• 294 builders collaborated to co-create Monad;
• 55 industry experts shared insights with Monad founders through workshops, fireside chats, or 1V1 mentoring;
• 98 teams received customized Pitch feedback from multiple contributors in the ecosystem team;
• 13+ Nads joined;
• 65 developer events held globally;

It is reported that Monad aims to build a high-performance Layer1 blockchain for the next generation of decentralized applications. In April this year, Monad Labs secured $225 million in funding led by Paradigm, with participation from Coinbase Ventures, Electric Capital, and others.