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Gas Fees, Made Simple โฝ
With the Grindery Cross-Chain Gas Tank, youโll see exactly when, where, and how gas is used across multiple networks.
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Hey Festies, happy Monday! A little nudge from the matrix - keep that streak alive by smashing your daily #TONFest tasks!
This week, weโre blasting off intergalactic with a special Tokyo Beast task - more special tasks coming soon!
Launch App: https://t.co/p6exHstgyL
Today, we are announcing the Monad Foundation, an independent organization dedicated to the growth and decentralization of the Monad blockchain protocol.
As part of this announcement, @0x_eunice and I will be joining a number of others in departing the Monad Labs team and joining the Monad Foundation.
When Eunice and I started Monad Labs with @_jhunsaker in early 2022, we had a vision for helping highly decentralized systems to scale through new software architecture.
The past three years have been exhilarating, as the team pioneered multiple new technologies, benchmarked a new blockchain client on the full history of Ethereum, launched a devnet, and developed initiatives like Monad Madness to elevate builders.
Most of all, we witnessed the incredible growth of the Monad Community, a group of incredibly kind, talented, long-term-minded individuals who are passionate about the ideals and growth of decentralized tech.
The strength of the Monad Community, even in these early stages of the Monad protocolโs life, is a sign that decentralization will be front and center within the future Monad network.
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Our move to the Monad Foundation today marks the next step in the launch of the Monad protocol.
The Foundation needs a strong team to properly execute on its mission of helping to maximize the growth and adoption of decentralized tech.
We reject the legacy of inefficient and uncreative foundations. Decentralized tech is still in the early innings of adoption. Foundations must be lean and mean to truly impact the world.
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Monad Labs will continue on its mission of researching and developing the performant technology which underlies the initial client for the Monad protocol.
It will do so under a new name, Category Labs, but it will continue to be led by @_jhunsaker, who is assuming the role of CEO.
To the 40+ incredibly talented engineers and researchers in Category Labs, I want to say: thank you. Thank you for joining us on this journey to tackle impossible problems.
Thank you for responding to my cold DMs and joining a company that no one had heard of, to work on an extremely ambitious plan that no one thought was possible.
Thank you for building through a deep bear market, and for imagining a brighter future.
Thank you for your trust.
I am grateful for the opportunity to work with you and I know that you will continue to grow as individuals, and as an awesome team. You are changing what is possible and I am so proud of you.
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As our team takes the next step in the evolution of the Monad blockchain, I am so optimistic for the future.
Category Labs will continue its progression into a preeminent contributor in the blockchain research and engineering space.
Meanwhile, the Monad Foundation will start on a new journey, contributing with singleminded focus to support builders around the world.
Together with the contributions of so many incredible members of the Monad Community, anything is possible.
Thank you and gmonad!