Full-Time
Decentralized Layer 1 smart contract platform
$160k/yr
Junior, Mid
Remote in USA + 1 more
More locations: New York, NY, USA
Majority of the team works together in NYC three days a week; strong preference for candidates based in NYC.
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Monad operates in the blockchain and cryptocurrency market, providing a decentralized Layer 1 smart contract platform that is compatible with Ethereum. This platform allows developers to build decentralized applications (dApps) with improved performance and scalability. Monad can process up to 10,000 transactions per second using a technique called "superscalar pipelining," which enables the simultaneous execution of multiple transactions, making it faster than many existing blockchain platforms. The company primarily serves developers and businesses that require high security and transparency for their applications, such as those in financial services, supply chain management, and gaming. Monad's business model includes generating revenue through transaction fees and partnerships with businesses utilizing its platform. The goal of Monad is to capture a significant share of the growing blockchain market by offering a more efficient and scalable solution for dApp development.
Company Size
51-200
Company Stage
Debt Financing
Total Funding
$266.6M
Headquarters
New York City, New York
Founded
2022
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Health, Dental, and Vision coverage: you pick the plan, we reimburse 100% of your premium
$2,000 remote office equipment reimbursement
$200 monthly wellness and fitness reimbursement
Unlimited PTO, minimum 15 days per year
11 company-observed holidays in the US
Flexible work hours, flexible remote-work policy
Quarterly team on-sites
Band Protocol integrates with Monad testnet, offering secure and decentralized oracle solutions ahead of Monad's mainnet launch.
Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions. Monad has reached a significant milestone with the official launch of its testnet on February 19, 2025. Monad is a fully EVM-compatible and highly scalable Layer 1 blockchain, capable of processing up to 10,000 transactions per second (TPS). With the launch of the testnet phase, Monad provides a secure, risk-free environment for developers to build, test, and refine their applications before deploying them on the Monad Mainnet
A new layer-1 blockchain is set to rival Ethereum and Solana. Here’s how you can prepare. After years of building and more than $225 million raised, Monad officially unveiled its testnet on February 19. The high-performance Ethereum Virtual Machine layer-1 network aims to rival the speed and scalability that Solana offers, while interacting with the vast Ethereum ecosystem and its applications and protocols. It does so by using parallel execution, in other words, executing transactions that don’t depend on each other at the same time, boasting more than 10,000 transactions per second in the process. Before the highly-anticipated debut of its mainnet, here’s how you can prepare for Monad. Dig deep on testnetThe Monad Testnet is the first version of the network that is publicly available for users. On day one of its start, a variety of apps and protocols were available, allowing users to get a feel for the upcoming mainnet while potentially earning along the way. The project encourages users to engage with Monad’s testnet using a fresh browser, and fresh wallet for the most secure experience. Acquiring testnet tokensTo interact on testnet, users will need testnet Monad tokens which users can acquire from the Monad faucet. Testnet tokens do not have any economic value, but allow individuals to facilitate transactions with apps and protocols on the development network. The faucet allows any EVM address to claim Monad testnet tokens every 12 hours. Those with a verified role in the Monad Discord may be eligible to claim a larger share of tokens when using the faucet. Additionally, in the hope of getting users to engage with Monad testnet, the project sent more than 8.8 million EVM addresses some testnet tokens in advance based on their on-chain activity with other blockchains. To check your balance, users can add the Monad Testnet to any EVM compatible wallet. Some popular wallets, like Phantom and Backpack, already provide native support for Monad and its testnet. Engage with apps on testnetMonad’s testnet has a robust ecosystem of apps, which can all be found in the network’s directory
By integrating Orderly's cross-chain liquidity with Monad's high-performance blockchain, this initiative contributes to an interconnected DeFi landscape with user experience at its core.
Monad, a Layer 1 blockchain utilizing parallel execution, will launch its public testnet on February 19, introducing a new approach to high-performance blockchain processing.