We're excited to share that our portfolio company
@sealance_io
emerged from stealth today, creating the world’s first blockchain-based platform for privacy, identity, and compliance:
Layer 2's like Arbitrum, Optimism, and Base have long been discussed as scaling solutions for Ethereum. However, we believe that L2s are nevertheless dependent on the scalability of their underlying L1. Monad offers a more optimal base layer for future L2's. (3/8)
Keone Hon, James Hunsaker, Eunice Giarta, and the rest of the Monad team make up one of the strongest protocol teams we've ever encountered. We grow continually more bullish on their ability to execute. (8/8)
Monad is a new layer 1 blockchain that introduces parallel execution to the EVM. This will bring superior cost and speed relative to existing EVM L1's. (2/8)
Checkout our announcement in
@CoinDesk
🚀 We're excited to partner with Castle Island, Notation, Drive by DraftKings, and others to enhance our platform.
More evidence of the opportunities
@dapperlabs
is creating for builders with the
@flow_blockchain
This makes Monad an attractive place for builders and applications to deploy, which stands to create a flywheel of high-quality apps and products in the Monad ecosystem. (6/8)
Cryptodollars are one of the most exciting things happening in the blockchain industry. We are excited to contribute to the conversation with our new whitepaper:
This week
@OnTheBrinkCIV
sat down with
@TimmerFidelity
the Director of Global Macro at
@Fidelity
to discuss the state of the markets, the historical interventions we are seeing and the long term outlook for SOV assets
Monad will power high-octane use cases that struggle to exist in today's EVM. Low-fee, efficient stablecoin transfers and high-fidelity trading are two categories that become feasible in a parallelized EVM world. (4/8)
Not only are we bullish on these two areas as crypto use cases, but they stand to be some of the best businesses in crypto for applications because of their high volumes. Low chain costs = higher volume = more fees for applications, even when app fees are kept low (1-5bps). (5/8)
Overall, crypto users benefit from a better on-chain experience (lower cost, faster, new offerings), and apps can build out otherwise infeasible products, profitably 🤝. (7/8)