MONAD ? YES, EXACTLY MONAD!(EN)
Link to Channel: https://t.me/gemstone_crypto
Dink per Analyst: https://t.me/kvb_Legenda
Not interesting - I wouldn't say so, no time - maybe too lazy to read - most likely!
SORRY, unfortunately - this is IMPORTANT!!! for you and your decisions on this project.
You have to finish reading and understand what kind of main Thiers 1 project is, which I laid out for you completely, without hiding even curious moments!
There is good news, this is one of the most complete analysis of the MONAD project.
You have the opportunity to fully understand what this project is!
Alpha will be? - YES, absolutely!
MONAD is an L1 EVM-compatible blockchain that the developers claim has been fundamentally optimized for maximum efficiency and performance.
Their long-term goal is the physical limit of network bandwidth: and 10,000 TX (TPS) per second and the long-term goal ~ 400,000 TX per second (TPS), which is an exorbitant result, with processing of each block in 1 second (some wild result)
Under the hood of this "wheelbarrow" is freaky engineering, an incredible team, an amazing community, huge investments and a couple of curious moments that I cannot pass by.
(I will periodically make footnotes marked IMPORTANT, the footnote is a reference to the IMPORTANT information obtained as a result of our analytics that we conducted on this project)
Monad was founded by Monad Labs namely Keone Hon, James Hansaker, Alex L. and Eunice Giarta.
Monad itself comes from Monad labs, a world-class team of talented specialists from Jump Crypto, Jump Trading, Quant lab, Pattern Research and Arista, developed for about two years by the development department of > 20 best professionals in crypto engineering, programming and artificial intelligence creation (but about the team later, here in two words cannot be described)
Keone and James are tech founders and have long worked together at Jump Crypto and Jump Trading.
(IMPORTANT! Jump Trading is one of Thiers 1 Marketmakers)
Working together as a high-frequency trading team and competing with 20 other teams inside Jump, Keone and James regularly held one of the top spots over the years, generating trading volume of more than $10 trillion a year.
(IMPORTANT! These two, with their department, did a colossal volume of trading in a year - who else but they understand trading, market psychology better?)
Eunice Giarta is the co-founder and COO of Monad Labs with over 10 years of professional experience. Before joining Monad in 2022, her diverse career path spans trading "exotic" options in Bank of America Merrill Lynch, Broadway Technology and Shutterstock
(IMPORTANT! another "fierce" financier and engineer)
Alex L - Co-founder engineer, Software engineer from the same Jump Trading, few people mention him, but he is worthy of attention, we will tell you about him a little later.
1) Over the past few years, the value of decentralization has become apparent. The potential for developers to achieve outstanding results with non-authoring development environments has outperformed centralized solutions. However, developers often face problems related to bandwidth and computing costs. Monad addresses these critical moments by creating an exceptional development environment, paving the way for a new era of decentralized experience.
2) Mass adoption by users implies a significant increase in transactional activity compared to what is currently possible. Today, Ethereum can only support 500,000 users per day, which averages 2 transactions per day. For blockchain technology to truly penetrate the mainstream, we need a solution capable of supporting 100 times more users (50 million people) and 10 times more transactions per user. Monad positions itself as the best solution to achieve this vision.
In simple words, they want to make EBM a compatible blockchain, where there will be very cheap transactions (as Keone promises - less than 1 cent), high speed, plus huge network bandwidth. TARGET long term 400,000 TPS!
Monad maintains full compatibility with EVM, and it improves Ethereum with several critical technologies: Parallel execution, MonadDb, MonadBFT, asynchronous I/O, deferred execution (pipeline staging)
Each of these technologies is an optimized solution for Ethereum, and together with the end result is quite decentralized
blockchain with Ethereum bytecode compatibility, which can perform up to 10 thousand transactions per second with a blocking time of 1 second and completion in one slot.
In simple words, the technologies used in the Monad blockchain allow you to optimize and speed up the work of Ethereum, reduce the cost of commissions and allow you to deploy applications and smart contracts used on Ethereum without losing power and network performance.
Let's talk about each technology in order:
Monad uses the optimistic execution method, in which validators process transactions before the processing of previous ones is completed. This approach is true when transactions are not interconnected.
Existing EVM blockchains must execute transactions sequentially (i.e. one after the other), while chains that can execute transactions in parallel, such as Solana TON SUI, Sei, Aptos, Linera, Fuel , can simultaneously process multiple transactions that do not have common dependencies, increasing their speed!
Blockchains that can process transactions in parallel make the most of modern computing technology, allowing their virtual machines to run on multiple cores and CPU threads of the validator.
However, to execute transactions in parallel, the blockchain must first determine which transactions can be executed independently of each other. Solana solves this problem by requiring transactions to specify the state they are accessing at runtime, but this required the creation of a new virtual machine.
Rather than requiring transactions to declare state dependencies, Monad optimistically assumes that each transaction can run simultaneously and attempts to do so in parallel. When a transaction conflicts for the first time, it is restarted with the updated data, ensuring that it is executed.
Monad uses a static code analyzer to predict which transactions have dependencies on each other so as not to waste time trying to execute transactions with mandatory transactions.
more about the work of parallel execution here - https ://docs.monad.xyz/technical-discussion/execution/parallel-execution
Ethereum users use a different database design than Ethereum itself, resulting in a not-so-optimal data storage solution in which one data structure is embedded in another data structure of a different type that does not support overwriting data during data exchange.
Because Monad runs transactions in parallel, multiple transactions must be able to read and write to the database at the same time. MonadDb, a special chain database for storing its state, does just that, providing high-performance asynchronous state access that allows the benefits of parallelization to manifest!
MonadBFT is a Monad consensus protocol that is used to negotiate the order of transactions. The BFT mechanism stands for "Byzantine fault tolerance" and allows a decentralized system to work correctly, even if some of its components are faulty or maliciously acting.
more about the work of consensus here - https ://docs.monad.xyz/technical-discussion/consensus/monadbft
more about Byzantine fault tolerance here - https://decimalchain.com/wiki/hi/Commoninfo: vizantyfaulttolerance
Asynchronous I/O is a form of I/O processing that allows the CPU to continue executing simultaneously during data exchange.
Disk and network are orders of magnitude slower than the processor. Instead of initiating an I/O operation and waiting for the result, the CPU can initiate an I/O operation as soon as it knows that data will be needed and continue executing other instructions that are independent of the result of the I/O operation.
more here - https ://docs.monad.xyz/technical-discussion/concepts/asynchronous-i-o
and here - https://en.wikipedia.org/wiki/Asynchronous_I/O
Delayed execution or pipeline statement of consensus execution:
With deferred execution, Monad separates execution from consensus, allowing the chain to agree on the state before it is known whether all transactions in the block have been executed, allowing execution to be performed throughout the block!
"IMPORTANT!!! In Ethereum, transactions must be completed before the network can reach consensus and agree on the list of transactions included in the block and the state of the network. "
One new aspect of the Monad blockchain is that execution is separate from consensus.
Recall that consensus is the process in which Monada nodes come to an agreement on the official order of transactions, and execution is the process of actually executing these transactions and updating the state.
In the Monad consensus, nodes come to an agreement on the official order of transactions, but neither the leader nor the verifying nodes have yet completed these transactions.
That is, the leader offers ordering without yet knowing the resulting root of the state, and the checking nodes vote for the validity of the block without knowing (for example) whether all transactions in the block are executed without returning.
How can it be? And why is Monada doing this?
The answer is a cornerstone of Monad's design, and it allows Monad to achieve significant acceleration that scales the single-shot blockchain to millions of users.
more about the work of conveyor staging here - https ://docs.monad.xyz/technical-discussion/consensus/deferred-execution
As a result, we have a very productive and fast L1 blockchain, which is written in Rust, C++, Solidarity, it will clearly be used by millions of users around the world, past this, applications, smart contracts will be deployed on it by large companies and partners who are already watching this project (but more on that later), although it is at an early stage!
Monad L1 network and since it is an Ethereum-compatible blockchain, we will see support and interaction with networks such as BSC AVAX POLYGON ETHEREUM and other L1 and L2 solutions, of course there will be support for Metamask, Trust Wallet, Ledger wallets, which will allow you to conveniently use the network products and applications.
At the time of the project analysis, the 28.04.24 was as follows:
Discord - 235000 https://discord.com/invite/monad
Telegram - 19800 https://t.me/monad_xyz
Twitter - 251000 https://twitter.com/monad_xyz
But the community is developing in some colossal steps, I noticed that 3,000-6,000 followers on Twitter and Discord were added per day, now the numbers have increased, there are already 280,000 subscribers on Discord.
"IMPORTANT!!! The number of followers on Twitter and Discord almost converges, this speaks of organics and most likely excludes cheating on bots! "
The community amazes with its responsiveness and support, no one here will ever leave unanswered your questions, I checked it on myself, the guys constantly communicate, are friends in different language branches and help each other, they hold different events and events:
Chess tournaments, poker, rap battles, art and much more.
Here is a link to the event calendar: https://discord.com/channels/1036357772826120242/1037010712419127367/1220050988354768987
In general, now there is a list of roles that you can get and the community will support you, but you need to try, because this is a rather creative process that will definitely lead you to a good result!
Role list and role information:
The team will reward members who participate in Discord events. Tasks such as asking questions before AMA events or achievements such as winning poker nights will be rewarded with XP. For completing monad missions, you can often get XP as a reward system.
You can check your rank in Discord, channel - check-rank or see the leaderboard at https ://mee6.xyz/en/monad
Roles in Discord are very important and reflect your time in the community and the style of your involvement.
Full access: role for full access to Discord. This role must be earned by communication, having proven its usefulness.
Monwangelist: Members who have found input and are actively helping to maintain discord.
NadOG: long-term instruments and depositors. Loyal supporters and contributors over the years.
Running Hot: For the fiery posts. This role is nominated by the community, so you can only get it if nominated by one of the men.
NADS: In terms of quality and number of conversations. This role is still one nominated role.
Monartist & Monvideo: The role is given out to create quality art and video content that the community likes and attracts.
Number: An important contribution to a narrow topic. If you post good posts about something, it's about you.
Farmer: Reward for substandard posts and spam.
Pioneer: An early entrant for those who joined the community before Discord went public.
Localnads: This is a role that reflects the efforts and contributions of community members in their international relations.
POAPS and NFTS will be issued on special occasions to reward participants in games, events (online and offline) and events. A list of previous POAPS is available at: https ://monad.fyi/
If you have good original content and it matches the whole community, then you qualify for Nads listing on Twitter. You can tweet about anime or rollups all day long, but as long as you're part of the community, we want to see you on the Nads list.
The community team of all platforms will notice all good ideas and will register on them. When participating in asset creation discussions, this list includes anything others may cancel.
"IMPORTANT!!! A lot depends on the roles, for example, for the role of NADS in MONAD, Wormhole awarded its users with a reverse of 10,000 "W" tokens"
On past this, Monad offers plenty of job openings:
https://boards.greenhouse.io/monad
if you have skills in programming, analytics or other areas, they are open to cooperation and constantly provide the opportunity to work with them in the same team.
The ecosystem already has the NFT sector, but I really want to pay attention to one "pet," the favorite of the community, which has won the hearts of many, all memes, art, etc. are built on it.
Participants created their pet Molandak:
Which may later become the main idea for future important NFT projects... Therefore, if you see news from the official source of MONAD that an NFT collection with MolanDak is coming out, know this alpha news, and will definitely try to knock out these NFTs, just like in LayerZero Pudgi Puinguins or zkSync omnibus libertas, collections that have become the most important for the community
There are also two more pets, no less important:
1) 14.02.2023 raised $19 million in the first SEED ROUND: DragonFly Capital (LEAD), Shima Capital, Lemniscap, Placeholder Ventures, Naval Ravikant, Finality Capital Partners! The round was attended by 70 participants, including Placeholder Capital, Lemniscap, Shima Capital and Finality Capital, as well as angel investors such as AngelList co-founder Nawal Ravikant.
2) 09.04.2024 in the Undisclosed round raised $225 million from Paradigm (LEAD), Electric Capital, Lemniscap, Animoca Capital
For the top product - top investments and funds very familiar to us on board, Paradigm was able to surprise again, but that's not all, there are bigger players behind the project, I will reveal this moment when we move on to the analysis of the team, it will be very interesting.
Here is a link with confirmations: https://cryptorank.io/ico/monad#funding-rounds
many cool influencers (287) are subscribed to the project's Twitter, a huge number of Funds: Paradigm, Coinbase, Dragon Fly, a16z, eGirl Capital, etc. (421) Funders and founders of projects, (29) Venture organizations, (85) projects: Layer Zero, Wormhole, Pyth, Solana, Axelar, Elixir and many others, everyone is furious about the project and the higher the rating and speed on twitter score, the more interest in the project, in addition, a high score indicates a correctly built marketing company, technology, team and high level of project.
please note "IMPORTANT!!!" Twitter account creation date: Dec 2020, I ask you to remember this date!
Link Twitter Score: https://twitterscore.io/twitter/monad_xyz/topFollowers/
Link Twitter: https://twitter.com/monad_xyz
Wormhole, PYTH, Axelar, Elixir, LayerZero, OmniX, Ait Protocol and many others and this is just the beginning, not to mention the funds and Jump Trading "covering the back" (but these are my assumptions about them later)
Judging by the attention of large companies on Twitter, we can say that soon we will see a much larger list of partners, since the project is still in DEVNET (test stage for developers)
Unfortunately, there is no audit yet, the community leaders answer that while the DEVNET stage is underway, there are no partnerships with large audit companies, it seemed a little strange to me since top projects even in the earliest stages find Audit partners, this is one of the most important research metrics of the project, zkSynk, LayerZero, Arbitrum, Uniswap found a partner in the earliest stages and even Certik lowers the project rating for this, look at the scoring Certik , there is an exclamation mark for the fact that there is no audit and whoever tells me what until there is an audit, the team and I are also lowering the rating for this, even though the team has a blockchain security engineer who worked at Certik.
Monad is scheduled to launch on the main network in the coming year, possibly at some point in the third quarter. So these are still early days for the network, however DEVNET, which is an internal test network, should soon be released by TESTNET. There are rumors in Discord that the release in TESTNET Q2, MAINNET at the end of 2024
"IMPORTANT!!! Naturally, there can be no talk of any token yet, especially of a tokenomics, but we know for what reasons and what can be expected "
Despite the fact that the DEVNET stage is underway, the ecosystem is already being filled with infrastructure projects and protocols, but let's take it in order, which is already in MONAD:
Ambient, Aori, Catalyst, Dexponent, Elixir, FWDX, Izumi Swap, MagmaDAO, Swaap, TayaSwap, TimeSwap, Wombat Exchange
2) INFRASTRUCTURE: AIT Protocol, Axelar, Layerzero, Notifi, Pyth Network, Switchboard, Wormhole
4) NFT: OmniX, Poply, Blocknads, MonadNomads, Monadians, Pepenads, Poge & Dede, Skrumpeys, Spiky Nads, TheBooDAO
Looking at this list, it is already clear that there are large partnerships and companies are not afraid to deploy their products on MONAD, this is a very positive factor!
Here's a link to the ecosystem - https ://monadwhisper.xyz/ecosystem-pages/
The team says that with its bandwidth, scalability and technology, Monad will be able to compete with all L1 and L2 solutions, as well as blockchains such as SOLANA, SUI, APTOS, TON (who use so de parallel execution) and the fight will be interesting, Solana set a record of 50,000 TX per second, after which the breakthrough made TON 100,000 TPS even more powerful and this is "space speed," whether MONAD to realize what I have in mind, I really want to believe in it
Link to the article "TPS records: https://tonblockchain.ru/world-record-tps/
And now the fun begins because of what we are all gathered here! full analysis and conclusions based on our analytics on the project!
YES YES! WHY DID I MISS THE TEAM?
"IMPORTANT!!! IT IS THE WHOLE POINT! "
"I'll tell you right away these are just my personal observations, in no case do I want to hurt anyone from the team members, perhaps I'm wrong"
I will split the team into two parts, the Founders and the MONAD team!
And then the fun begins, I have been looking for information on each of the members for a long time. "star" team and found many interesting facts that I cannot ignore, maybe this is the fruit of my imaginations, or maybe I am partially right, or perhaps the team members, after reading this article, will be able to illuminate my thoughts and dispel my speculations based on information that I found online.
Let's start with the date of birth of the project, official sources tell us that the project originated in 2022, including Keone Hon's LinkedIn, where it is written that the start of work at Monad Labs began in March 2022:
"IMPORTANT!!! remember I wrote "remember the date of creation of Twitter December 2020," I drew attention to this immediately and I had questions, that is, all sources tell us that Monad appeared in 2022, but when Keone worked at Jump Trading, Twitter Monad was already created. Since that time, a lot of events have happened...
I thought it was very strange and I began to find out who Keone Hon, James Hansaker, Eunice Giarta and Alex L are! And what is this JUMP TRADING company!
Let's go in order, their experience is overwhelming, but first I want to tell where Keone, James and Alex came from:
Jump Trading LLC is a private trading firm specializing in algorithmic and high-frequency trading strategies. The firm has more than 700 employees in Chicago, New York, Austin, London, Tel Aviv, Singapore, Shanghai, Bristol, Gurgaon, Gandhinagar, Sydney, Amsterdam, Hong Kong and Paris and is active in futures, options, cryptocurrency and equities in the market around the world.
The company is a member of the Principal Traders Group, an advisory group set up by the Futures Industry Association (FIA) to represent major traders (i.e. independent private trading firms that trade only in their own accounts).
Throughout its existence, Jump has been privately funded
Link on JT : https://en.wikipedia.org/wiki/Jump_Trading
Jump Trading has its own Jump Crypto division, which deals with venture capital investments, project interests, development, etc., behind many successful rounds of financing, projects, etc.
Link to Jump Crypto Portfolio: https://cryptorank.io/ru/funds/jump-crypto/
One of the $1 billion rounds in the Terra project and the UST token, which was scraped in May 2022! Which is why Jump Crypto was sued for violating the Commodity Exchange Act, CFTC rules and unjust enrichment. The lawsuit alleges that Jump Trading was involved in manipulating the UST and aUST stablecoin market, and aided and abetted Do Kwon, alleging that "Jump made more than $1.28 billion in profits from the sale of LUNA tokens, which it received at a steep discount in exchange for artificially supporting the price of UST and a UST.
The lawsuit alleges Jump Trading used the wormhole acquisition and investment in the Solana blockchain to artificially drive growth, as UST was one of the limited stable coins offered in that ecosystem, and Solana is a predominantly centralized protocol promoted to developers by Silicon Valley investors. trading with an almost ideal
Link to lawsuit: https://en.wikipedia.org/wiki/Jump_Trading#Lawsuit
2022... February... huge investments were attracted, after 3 months there was a skam of Terra...
Now to the Founders:
KEONE HON - Co-founder and CEO
Graduate of the best university in the world in engineering technology and programming MIT (IMPORTANT!!! REMEMBER THIS UNIVERSITY!!! Massachusetts Institute of Technology)
Faculty: engineer programmer 2007-2011
Massachusetts Institute of Technology, MIT, is a private research university in Cambridge, Massachusetts. The world leader in the field of exact sciences and technologies, MIT traditionally occupies the first lines of world rankings of the best educational institutions and is considered one of the most prestigious universities in the world.
Link to the university rating - https://www.educationindex.ru/articles/university-rankings/informatics/
Link to Keone Hon Training - https://www.linkedin.com/in/keone-hon/details/education/
Keone Hong - Jump Trading, Quantum/head of one of Jump's high frequency trading teams.
Led a new team of research engineers building and supporting DeFi applications and infrastructure.
worked in this department May 2021 - Feb 2022· 10 months and left the company at the moment when Jump Crypto invested in Terra. (strangely true?)
before that, he worked at Jump Trading - Quantum/head of one of Jump's high-frequency trading teams.
- Design and development of low latency systems (IMPORTANT! Bots and Algorithms) - Strategic Research - Machine Learning for Price Forecasting (IMPORTANT! AI - artificial intelligence)
worked in Jump Trading from 2013 - 2021· 8 yrs after which he moved to JC
He is a very powerful financier, cool developer, systems engineer and leader, who studied at the Massachusetts Institute of Technology, the most prestigious university in the United States and around the world in programming, after that he took the main part in creating very powerful algorithms for high-frequency trading, in one of the most powerful companies on the market, was engaged in development and led a whole department, that is, he understands better than others what he is doing, by passing skills in trading he is also a powerful developer, he sees how to connect two spheres with each other (trade and code), in addition, he perfectly understands what the psychology of the market is, AI (artificial intelligence) just can't be configured, it needs to include psychological factors of the crowd and a whole lot of indicators, we have one of the best, if not the best in our business...
Skills : Systems Engineering , Distributed Systems , Entrepreneurship, HighFrequency Trading , Blockchain Architecture, Smart Contracts
link to Keone Hon's portfolio https://www.linkedin.com/in/keone-hon/
The University of Iowa (Iowa) is a public, non-profit educational institution. Iowa is located in Iowa City
Faculty of Informatics and Mathematics
The university ranks 491 in the world, according to the international QS rating. Iowa is among the top most prestigious universities in the United States. In the QS rating, the university is one of the most developed in the arts and humanities, life sciences, natural sciences, social sciences and management, engineering and technology. According to THE independent international ranking, it is one of the best universities in the world for 13 indicators. The university ranks 201st
Everything is much more serious here, so the list, just read carefully!!
Ammm... Do you understand what Goldman Sachs and J.P. Morgan are???
Let me give you simple words... These are the two largest banks in the world, most likely "Massonian" but this is not for sure:)))) theories of world management about these two banks on the network abound.....
Goldman Sachs Group, "Goldman Sachs Group" - a bank in the United States and one of the largest investment banks in the world, which is a financial conglomerate, is known as "The Firm" in the circle of financiers, is engaged in investment banking, securities trading, investment management and other financial services, primarily with institutional clients. Since September 20, 2013 it has been included in the Dow Jones Industrial Average. Since 2011, it has been one of the globally systemically important banks. Known to many for Adam McKay's Downgrade Game
Link - https://en.wikipedia.org/wiki/Goldman_Sachs
JPMorgan Chase & Co., "J.P. Morgan Chase & Co." - American transnational financial conglomerate, one of the largest banks in the world, with a management center in New York, Manhattan. The Financial Stability Board (FSB) recognized JPMorgan Chase & Co as the most important financial conglomerate in the world, ranks first in the list of globally systemically important banks in the world
Link - https://en.wikipedia.org/wiki/JPMorgan_Chase
What should be done and what skills should be possessed in order to hold the position of Vice President in such banks? yes, not long, but then he goes to Jump Trading and has been working in it for 8 years, as a senior software engineer... I think words about skills are superfluous, but still I will say: department building, department management, financier, trader, engineer, team lead, programmer... and these are not all his skills - go to his page, very cool Founder, with a full understanding of managing large structures and organizations, programmer's brain
Link to James Portfolio: https://www.linkedin.com/in/jameshunsaker/
ALEXANDER L. - Founding Engineer
The University of Illinois at Urbana-Champaign (UIUC) is a public, non-profit educational institution. UIUC is located in Champaign, USA. UIUC is a member of the Association of American Universities (AAU) and ranks at the top of the university rankings.
The university is in the top 60 best universities in the world, according to the international QS rating. UIUC is one of the best universities in the United States. The university is one of the best in the world in the arts and humanities, engineering and technology, life sciences, natural sciences, social sciences and management.
Link to rating - https://www.unipage.net/en/124/university_of_illinois_urbana_champaign
I did not just pull him out of the team, which is located on the MONAD website, this is technically the most savvy project engineer, there are few words about him in official sources, but he is a co-founder and he also worked at Jump with Keon and James, having worked from January 2018 to August 2022.
The list of his programming skills is surprising, he is the main leader in the technical department of MONAD: C++, Java C, SystemVerilog, LC-3, Assembly Language, Linux, Eclipse, Microsoft Office, Public Speaking, Matlab, Python, HTML, CSS, Javascript React.js.
Link to Alexander's portfolio: https://www.linkedin.com/in/0xzander/
EUNICE GIARTA - Co-founder and COO
Massachusetts Institute of Technology - (IMPORTANT!!!) the same University where KEONE studied!!!!
Faculty: Engineer Programmer 2009-2013
There were already links above about the university
I will write a little about what kind of specialist he is: co-founder and chief operating officer of Monad Labs with more than 10 years of professional experience. Before joining Monad in 2022, her varied career path spans trading exotic options at Bank of America (Merrill Lynch), technical product management at Broadway Technology and Shutterstock, as well as food entrepreneurship, is very financially savvy, has tremendous experience in product promotion and programming - wherever she comes, she completed all her projects successfully, past this she worked in another large bank (top - 2 true in the USA) Bank Of America, was engaged in futures trading, options and derivatives, that is, it also understands the financial component and coding like other funders!
Skills : Android, Django, Web Development, CSS, SQL, jQuery, Fixed Income, Algorithms, Python, Equities, Statistics, User Interface, Design, Options, Computer Science, JavaScript, Programming
Link to Portfolio: https://www.linkedin.com/in/eunicegiarta/
My team and I have been sorting out a lot of powerful projects in a couple of years, but we have not seen this yet, we have a team of founders, examples of which have not yet been in one project, a huge experience and a large amount of financial are concentrated here, technical, engineering skills plus understanding of the market, market psychology, mass behavior and strategic capacities, there are simply no analogues, and then a question is brewing that prompted me to fully investigate the team, the question is, these people come from the top universities in the world, with experience in top companies, including the main Market Makers around the world, but we are lowering their rating due to the following questions!
What prompted them to leave their posts and create MONAD? Why is the date of creation of Twitter MONAD 2020, and the start of work in the project is 2022 for all funders, but after Jump Crypto and Jump Trading, Keone and James worked at Solana Defi and Pyth for about a year, knowing in advance that they will leave for their project? Is Jump involved in the Solana roller coaster (falling from $120 per SOL token to $10 and rising to $190 in 2 years) just as he was involved in the Terra bench and will he be involved in such MONAD slides if the blockchain still has its own token and the most important question:
IMPORTANT!!! As a user, am I financially secure in choosing a MONAD project at an early stage?
there are more questions than answers, although they say that the team members are not connected with Jump Trtading, I personally found connections with both JT and JC and with FTX, Solana, Wormhole, Pyth, and with engineers who participated in the creation of high-frequency algorithms. We will wait for an explanation.
But let's move on to the second part of the team, it will calm down a little and possibly answer the first question.
This is the power of the Monad project, there is a stellar cast with a huge number of skills and tremendous experience:
https://www.monadlabs.xyz/team
"Meet the people behind the technology."
"Our collective expertise in low-latency programming and distributed system design is deep: we've been building high-performance systems for high-frequency trading, kernel device drivers and fintech for decades.
Together, we are solving outstanding problems and building a more efficient future in blockchain technology. "
Link - https://www.linkedin.com/in/ariqc/
Arista Networks Jul 2015 - Apr 2021· 5 yrs 10 mos - Software Engineer
PMC-Sierra Jul 2011 - Jun 2015 - Software Engineer
Arik is an expert in low-latency optimization and system design. Prior to Monad, he spent a decade at Arista and PMC-Sierra writing low-level firmware, Linux kernel drivers, and higher-level system code for networking applications, and served as lead maintainer for several Linux kernel network drivers for Arista EOS devices.
Aashish is a master hacker and builder. Prior to working at Monad, he designed and built the entire trading stack at Pattern Research, a leading cryptocurrency trading firm. He also graduated from MIT at the age of 19.
Bill is a passionate and experienced media and marketing executive with experience in traditional consumer and Web3-oriented industries. More recently, he has worked with several successful NFT projects to manage, engage and activate their communities.
Michael Chen - Software Engineer
Link - https://www.linkedin.com/in/michael-yuxuan-chen/
University of Illinois Urbana-Champaign
University of Illinois Urbana-Champaign - 2019 - dec 2022 - Fellow
Hudson River Trading: May 2022 - Aug 2022· 4 mos - Software Engineer
WaggleNet - Feb 2018 - Feb 2020· 2 yrs 1 mo - Systems Engineer; Hardware Team Leader
Sixie Capital Management - May 2019 - Aug 2019· 4 mos - Software Engineering Intern
Skills: Rust, Python, C/C + +, Firmware, Git, SQL
Michael joins the team having recently completed a master's degree in electrical and computer engineering while doing research in network measurement and security. Past internships have been with Hudson River Trading and another quantitative trading firm.
Vicky Chen - Software Engineer
Link - https://www.linkedin.com/in/vicky-yifan-chen/
Zhejiang University Bachelor's degree, Computer EngineeringBachelor's degree, Computer Engineering 2016 - 2020
University of Illinois Urbana-Champaign
Internship Hudson River Trading - Internship - May 2022 - Aug 2022 · 4 mos
Skills: C++, Go (Programming Language), Python, Operating System Design, Machine Learning, Database Design, Linux, MySQL
Vicki joined after completing her master's degree in computer science, doing research in UAV planning and IoT modeling. She previously interned at Monad Labs and Hudson River Trading.
Link - https://www.linkedin.com/in/tong-zhi1998/
University of Southern California - 2017- 2021
Bachelor's Degree, Computer Science, Applied and Computational Mathematics, majoring in Economics
Master of Science - MS, Computer Science Master of Science - MS, Computer Science 2020 - 2022
Intern Core Engineering - Intern Hudson River Trading - Internship Jun 2021 - Aug 2021 · 3 mos
Worked on options market data and compile time optimization.
IMC Trading - Quantitative Trader - Aug 2022 - Jan 2023· 6 mos
Skills : C++ Java JavaScript MySQL CSS GIT Linux Xcode Eclipse PHP Python C Spring Framework Go Hiking HTML
Tong joined us from IMC Trading after completing his bachelor's and master's degrees in computer science at the University of Southern California. He has interned for Hudson River Trading and Zillow Group in the past.
Kiernan Fitzsimons- Ecosystem Development Specialist
Link - https://www.linkedin.com/in/kiernan-fitzsimons-5ba352143/
Wayne State University - Higher Education, Marketing, 2017 - 2021
FTX - Sep 2021 - May 2023 - 1 yr 9m – Partner
-NFT Operations: Conducted a full cycle of BD: outreach, listing and co-marketing with over 100 NFT projects. Managed art and mechanics design for Stephen Curry's own editions of the collections, Mercedes F1, Golden State Warriors and Miami Heat NFT. Provided daily customer support related to NFT, as well as provided engineers with UI/UX improvement layouts and error reports. -University Ambassador Program: Assembled a network of more than 20 U.S. universities to empower crypto clubs and individuals on campus. Two trade competitions were held; one individual and one quantitative team competition (570 participants in total), sponsored by various clubs and events, and virtual classes for students with trading firms. -General Operations: Updated FTX.COM and FTX.US support services. Creation and distribution of souvenirs for events. He supported market makers and his own trading firms in client chats. (Platform API and functionality support)
Benzinga - May 2021 - Sep 2021 · 5 mos - Events/ LeadGen
Kiernan is a Swiss army knife man adding a diverse set of skills to the team in business development, marketing, growth and operations. Most recently, he joined us from the well-known CEX (FTX), where he headed several operating and external programs.
Link - https://www.linkedin.com/in/rene-g-510b32156/
Massachusetts Institute of Technology - Bachelor of Science - BS, Computer Science and Engineering, 2016-2020
Pattern Research - Software Developer - Jan 2021 - Mar 2023· 2 yrs 3 mos
Microsoft - Software Engineer - Jan 2020 - Feb 2020· 2 mos
Autodesk - Software Development Trainee, Distributed Trace
Skills: Rust, Python, Java, C, C++, SQL
Genius of development, he codes on everything he sees! worked in top companies, studied at the same TOP-1 university
Rene is an experienced software engineer interested in compilers and system design. He joins Monad after making a significant contribution to the trading stack at Pattern Research as a founding engineer and graduating from MIT.
Joey Anthony - Head of Business Development
Link : https://www.linkedin.com/in/joey-anthony/
Education: University of Michigan - Bachelor of Applied Sciences (BASc.), Biochemistry Bachelor of Applied Sciences (BASc.) 2012 – 2016
University of Michigan - Stephen M. Ross School of Business - Master of Management, Strategic Management, 2016 - 2017
Coinbase Cloud - Business Development - Oct 2020 - Feb 2021· 5 mos
Coinbase - Head of Enterprise Business Development - Feb 2021 - May 2023 - 2 yrs 4 mos
Strategy & Strategy - Senior Associate - 3 yrs 4 mos - JV Valuation and Forecasting, Operational Model Reorganization, Asset Sale Due Diligence, Product Launch, DTC Mobile App Strategy, Go to Market Strategy, Opportunity Based Strategy
Joey is an experienced and accomplished professional in business. It combines strategy and analysis with in-depth industry knowledge to develop strong and mutually beneficial partnerships. Joey joins us from Coinbase Cloud, Bison Trails and Strategy.
Niall Douglas- Systems Engineer
(IMPORTANT!!!) - this is some powerful coder, there is not enough space to write about him in the article, go do not be lazy on his LinkedIn and see who he is... I have never seen this before...
Link - https://www.linkedin.com/in/nialldouglas/
Niall has more than 25 years of experience, is an expert in C++ and has made thousands of open source contributions to libraries including Boost. He has many graduate degrees in various fields and has many scientific papers on C++ standardization.
Kevin McCordic - Head of Ecosystem Development
Link - https://www.linkedin.com/in/kevin-mccordic/
Providence College - Bachelor of Applied Physics and Economics 2016 - 2020.
University of Notre Dame - Master's Degree, Engineering and Technology Entrepreneurship 2020 - 2021
CMS Holdings, LLC - Investment Portfolio Manager - 2020 - Jun 2023 - 2 yrs 8 m
Stackline - Analyst - Jul 2020 - Nov 2020 - 5 mos
Skills: Sales, Social Media, Leadership, Time Management, Public Speaking, Teamwork, Marketing
Kevin is a talented business professional with experience at the intersection of science, business and innovation. He joins the team with a deep understanding of the industry coming recently from CMS Holdings.
Abdul Rehman - Business Development Leader (Project)
Link - https://www.linkedin.com/in/abdul-rehman-a99b6483/
Lahore University of Management Sciences - Bachelor of Science (BS), Economics 2011 - 2015
VUP - Postgraduate Diploma in Management and Marketing 2019 - 2020
Graviton Web3 Accelerator - Mentor - Nov 2022 - Present· 1 yr 7 mos
Advanced Crypto Strategies - DAO Core Member - Jun 2022 - Present· 2 yrs
Sei Labs - Head of Ecosystem Development - Aug 2022 - Jul 2023· 1 yr
HIS Capital - Development Consultant - Aug 2020 - Mar 2023· 2 yrs 8 mos
Falcon Wallet - Head of Product & Development - Mar 2022 - Aug 2022· 6 mos Advanced Crypto Strategies - Growth Leader - 2020 - 2022
Advanced Crypto Strategies - Head of Growth - Mar 2016 - Feb 2020· 4 yrs
Skills: Internet Marketing, SEO, Market Research, Sales, Management, Team Management
Abdul brought his expertise as a business and marketing expert to Monad, spearheading several initiatives to grow the industry. Most recently, he joined us from Sei, and previously worked at Falcon Wallet and other DAOs and startups.
John Bergschneider - Senior Software Engineer
Link - https://www.linkedin.com/in/john-bergschneider-526b58196/
Florida State University - Ph.D. - PhD, M.D. Aug 2014 - Jul 2020
CertiK - Senior Software Engineer Aug 2022 - Jul 2023
CertiK - Blockchain Security Expert - Dec 2021 - Aug 2022
By this I worked and taught at different institutes, we will not list them, it is enough that he was the chief engineer at Certik and a security expert, such units who have similar skills
Research, Math, Python, Higher Education, Solidarity, Decentralized Applications (DApps), Cryptography, web3, Data Processing, Git, GitHub, CSS
John joins the team as a seasoned academic with experience developing blockchain applications. He previously completed his PhD in mathematics in the former Soviet Union and worked as an assistant professor at UNG, and most recently worked at Certik with security and software development teams.
I think it makes no sense to further describe everyone, they all have very powerful knowledge obtained from the best world universities, they all have an incredible background with experience in top organizations, I will leave under each link and a brief description that I took from the Monad Labs website, I can say one thing that all brief descriptions that provide on the site - are true, I personally checked every team member! Each of them plays an important role in the project! They all make contact at Linkedin Discord
Candace Lee - Head of Recruitment
Link - https://www.linkedin.com/in/candacelee1/
Candace is a best-in-class talent officer with more than 15 years of experience in early-stage and growth start-ups. She recently joined us from Ambassador Labs and Blockchain.com, where she held several positions as Head of People, Talent and Culture.
Kevin Galler - Developer Relations Engineer
Link - https://www.linkedin.com/in/kevingaller/details/experience/
Kevin - joins the team as a developer relations engineer. Most recently, he joined us from Solana as a member of the core development and developer relations team, and previously at Apple as an embedded DSP engineer on their audio team.
By this I worked at Microsoft!
Annie Kenny - Head of Operations
Link - https://www.linkedin.com/in/annie-kenny-861b42102/
Annie is an experienced and detail-conscious operations specialist, having previously led the support department at technology development company Latch. Prior to that, she began her career in marketing and later led operations and community initiatives at WeWork.
Link - https://www.linkedin.com/in/kai-jun-eer-a8509a16a/?originalSubdomain=uk
Kai Jun joins the team as a software engineer for Solidarity. Most recently, he worked at Arrow Markets as a smart contract developer, and also has experience as the technical founder of Trust Protocol, an infrastructure project designed for Web3 social platforms.
Bharath Amrithraj - Software Engineer
Link - https://www.linkedin.com/in/bharath-amrithraj-6a8732197/
Bharat joined as a recent computer science graduate from the University of Waterloo. His past experience includes internships at both enterprise software companies and start-ups including Oracle, Thumbtack, SAP and OpenText.
Mussadiq Jalalzai - Senior Researcher
Link - https://www.linkedin.com/in/m-mussadiq-jalalzai-72770636/?originalSubdomain=ca
Mussadiq most recently received a postdoc as a blockchain researcher at the University of British Columbia. An accomplished academic with a PhD in computer science from LSU, Mussadiq is behind Fast-Hotstuff and the Carnot Protocol
Cryptunez - ECOSYSTEM MARKETING
Link - https://twitter.com/cryptunez?lang=en
Master of his craft and professional growth, cryptunez complements the team with many years of experience as a leader in industry marketing. Most recently, they joined us from Delphi Digital.
Danny McLaughlin - Responsible for ecosystem growth
Link - https://twitter.com/opendanny
Link - https://www.linkedin.com/in/danielrobertmclaughlin/
Danny brings multidisciplinary growth, marketing and sales expertise to the team. He previously held positions at innovation studio OpenDive and Hubspot.
Klemens Morgenstern - Staff Engineer
Link - https://www.linkedin.com/in/klemens-morgenstern/
"I am a professional software engineer with eight years of experience. My primary language is C++, most commonly used for system and embedded programming. Other languages I feel at home in are Python, Typescript and Golang. "
Maged Michael - Low Latency HPC Expert
Link - https://www.linkedin.com/in/maged-michael-bab1138a/
Huge feedback on education and work experience, worked Facebook, Meta, Ibm, winner of a large number of awards in information technology, read, really cool!
Tina Q. - Head of Ecosystem Development/Incubation Lead
Link - https://www.linkedin.com/in/tinaqi/
Tina is an experienced entrepreneur whose diverse professional experience gives her a unique insight into the needs of a business at an early stage. More recently, Tina co-founded Nexa Network and previously worked for Atlas DEX, Westpac and American Express.
Link - https://www.linkedin.com/in/annabethgellman/
Annabeth is a seasoned professional with more than a decade of experience in consulting, strategy and traditional finance. Most recently at Stripe and Evercore, she received degrees from MIT, Booth School of Business, and Tsinghua University as a Schwarzman Scholar.
My conclusion 2: We have one of the strongest teams in CRYPTO, these people obviously did not gather to do any project for 1 day, they value their reputation, and it is not in their interests to play some evil games, they are top-level specialists, in my opinion, it is unlikely to compare with someone, they will bring that final goal, what they started, technology, which they decided to implement, they 100% implement, since they have enough experience, resource and knowledge, MONAD will become the most scalable and fastest L1 blockchain, around the blockchain, the right ecosystem will be created from top-end, high-quality products, their community will develop at a frantic pace, marketing will be at the best level, the product itself will be as they say, and all this thanks to the team we saw...
The blockchain mechanism itself is a very powerful solution, which can really compete with other networks, because few people offer the possibility of such speed and data processing, without sacrificing security, plus the price of transactions that they promise to do ten times cheaper, by this, there are large investments behind me and now I am talking not only about Paradigm with their lead investment or DragonFly, I am talking about Jump Crypto. Which definitely invested in PYTH and WORMHOLE, SOLANA and many other projects, and this is one of the main MM, an incredible team of 30 people, where everyone "monster" in its field of activity with experience in top companies around the world and a unanimously powerful community, in general, we have a very powerful Thiers 1 project, which will definitely declare itself more than once, and more and more often will appear in the news feed, but I can't believe about the Founders, they know what finance, development and management are.
No Audit! Certik also lowers the rating for lack of audit, the weak side in the unpredictability of the team's behavior, founders - sharks in the financial sector, they will never allow themselves to be undressed, they are savvy from all sides, vast experience in trading, developing software for trading, developing applications and managing entire departments, gives only one understanding that these people perfectly understand how to create them "gem" and not at a banal level, but how to launch a product, surround it with a hype, put millions of users there, not offend them and at the same time earn what we think now, they have already thought through, they understand the psychology of the crowd best of all, solutions, technologies may be in second place (although the product itself is very powerful with its solution and development team), the Jump Trading story is frightening, that is, there are questions on these two points.
A powerful team, a cool invest, a really powerful solution, a huge community growing at a tremendous pace - we have mastodon Thiers 1, they can safely move TON, Solana, L1 networks and many l2 solutions thanks to their technologies, plus behind them are huge finances and the most powerful companies in the world, that is, in the top 25-50 by Coinmarketcap we will see MONAD.
My conclusion from two conclusions on command:
I see no problems for the successful release of the project, but I am confused by the moment with JT and the noise around Terra, but looking at the team, I see that they are not here for 1 day, to file such a product and scrape it off? There is no point, but we also need to take into account the fact that the founders worked in companies with MM, in unusual leadership positions, they have a huge path in finance and development behind them, so if there is a token, we will see pressure and manipulation 100%, but where is there no manipulation in the crypt? this is absolutely normal... So we are waiting for Testnet, Mannet and calmly taking part in the development of the project!
1) Roly - I described above - described above in the article
2) Participation in events - described above in the article
3) Employment - described above in the article
4) (IMPORTANT!!!) Hidden activities:
The project is filled with infrastructure projects and partners, and we have already seen awards for participating in Monad in other projects, Wormhole distributed 10,000 W tokens for the analogue of the NADS role - at the peak, the token cost above $1, now it is traded at a price of $0.62, from here we can conclude that the project is very well tuned to the awards of its users, and for this reason our friends, friends from YIC DAO, filed a cool guide to the abuzu of one of the infrastructure projects Monad - ELIXIR - ELIXIR abuzim - we claim the Monad drop, guide here -https://t.me/young_investors_cIub/736
As a result, analysts post ready-made cards for the project, with metrics by the scoring system, so that you do not download them in PDF format from the channel. This is a product of our team. I apologize that the cards are in Russian, soon we will translate them into English and post them in this article
Project analysis belongs to the "GEMSTONE RESEARCH" team
Analysis on the project prepared @kvb _ legenda
Link to Channel: https://t.me/gemstone_crypto
Dink per Analyst: https://t.me/kvb_Legenda