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Monad Labs
Blockchain and decentralized computation platform
- 21-100 employees
- Cryptocurrency
- Blockchain
- Civic Center, New York, NY
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Company mission
To radically improve the capabilities and cost of decentralized computation.
333% employee growth in 12 months
Our take
The blockchain opens up numerous possibilities for developers. As a globally shared ledger it can function as a world-wide sandbox for app development, allowing developers to build now apps that compose with other apps seamlessly. The main constraints to this are cost and computing power. Monad hopes to overcome these constraints with a new blockchain offering speeds far higher than any existing platform.
The Monad blockchain, a high-performance smart contract platform built to bring world adoption to decentralized apps, combines performance (10,000 transactions per second) with portability (full compatibility for Ethereum smart contracts), leveraging innovations in parallel execution and distributed consensus. This is set to radically improve the capabilities and cost of decentralized computation.
The company has built a broad coalition of financial supporters to help along its journey. After recently raising $225 million in a series A funding led by Paradigm, and other leaders in the crypto space, the company is focused on hiring.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- You’ll shape the culture as an early employee and make impactful contributions from day one
- You’ll work with and learn from a small, exceptional team
- Your work will be deeply impactful, enabling much cheaper and more efficient decentralized computation and ultimately paving the way for new decentralized apps that improve many people’s lives
- You’ll work on extremely challenging problems with massive potential impact
- You’ll be part of a flat, results-driven organization
- Early-stage opportunity with a competitive compensation and benefits package that includes fitness, wellness, and health reimbursements, home office equipment reimbursement, regular team on-sites, and more!
Funding (2 rounds)
Apr 2024
$225m
SERIES A
Feb 2023
$19m
SEED
Total funding: $244m
Leadership
Keone Hon
(Co-Founder & CEO)Was Quantitative Developer at Jump Crypto. Before that was Quant/Trading Team Lead with Jump Trading for 8 years.
James Hunsaker
(Co-Founder)Prior to co-founding Monad was a Senior Software Engineer with Jump Trading, and a VP at Goldman Sachs.
Eunice Giarta
(Co-Founder & COO)Was Founder and Creative Director at By Euna Creative, and Senior Project Manager with Shutterstock.
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