A balanced but raw take on Monad.
We’ll start with the sugar and end with the salt.
1) The Monad tech is some of the best and most promising in the space.
The greenfield of what Monad can do upon mainnet launch is drastically underestimated by the market.
I don’t mean price—I mean the canvas they are laying out for themselves to add features in the future.
I won’t go into the details here, but suffice it to say they can basically replicate most of Solana’s novel features, and some things even Solana can’t do without deep architectural changes. That’s insanely bullish.
No other EVM is set up to do this today.
2) The Monad team is one of the highest-integrity and hardest-working teams in the space.
It’s incredibly rare to find high-integrity teams in this space.
I can’t tell you how many people have asked me, “How much did Monad pay for that, huh?” as a jab when a good partnership would announce or some marketing tailwind would occur.
I’ve gotten into fights with people who didn’t believe me when I said we didn’t pay for any of it. Their minds simply couldn’t comprehend that sometimes you just get invited to things because people like and respect you.
It’s really that rare in this space, and mad respect to the team for operating with such class.
I disagree with plenty of the strategic decisions, but I’ll never say they didn’t make them with the highest level of integrity.
3) Monad got that dog in them.
I don’t know if Monad will be successful in the short term. I think they still have a ton to learn and add as an ecosystem, and there are a lot of major changes I’d personally advocate for.
Despite that, these mfers are not going to give up—and it’ll eventually pay off. I don’t know how to convince you of this it really comes from my personal experience on the team. 🤷🏽♂️
They are 110% playing long-term games with long-term people, and the short term may punish them for it. Fully think that’s a possibility.
Personally, I view Monad as a next-cycle play and am very happy with that timeline.
In my opinion, most of their competition will be irrelevant by then. The ecosystem will have had its flush-out of short-term-oriented people, and the tech and infra will be battle-tested and ready for the unicorn startups to be born.
By that stage, I hope they will have gone through a few ecosystem identity crises, strategic reckonings, and cultural upheavals.
You don’t become a strong ecosystem by everything always being happy and bullish. Ethereum had the DAO hack. Solana had FTX.
I don’t think Monad needs anything that extreme, but periods of bearishness and being the hated one are healthy and good for building a real community.
When you know the core team has that dog in them to fight through all of that and just drown out the noise, it gives the community the runway it needs to build the same conviction the core team gets by building and setting results consistently.
1) I disagree with the approach Monad is taking to build its developer ecosystem.
A three-person DevRel team vs. a 30+ person eco team is a problem. Dev support >>> growth and marketing support, and ex-VC advice is not helpful to early-stage builders—it’s distracting.
Furthermore, I don’t think you should optimize for raw top-of-funnel numbers, and I don’t think marketing attracts the builders you actually want.
You should make focused bets on people and novel tech, prioritizing native builders over migrating incumbents.
Raw talent >>> pedigree, every day in my book.
When you allow incumbents to come into the ecosystem early, it does bring legitimacy to your chain, but it disincentivizes builders from innovating in those product categories because the competition is hard to overcome.
Toly talked about this on the recent a16z podcast on why Solana was successful, and I fully agree. You need to find the builders willing to chew glass and rebuild existing things in new ways, because that’s how you find the ones willing to cut their teeth alongside you.
2) Full EVM compatibility is a mistake.
You want to expose your tech in ways that open new frontiers and provide a forcing function for builders to build things that literally can’t be built anywhere else.
Making things easy for builders should not come at the cost of having an undifferentiated tech stack.
You can do both, but you need to prioritize dev support over growth and marketing support.
“Faster, cheaper EVM” was a novel idea four years ago—the times have changed. You need to offer more than raw speed now. The writing was on the wall for years.
I still think Monad should build a “Monad Standard Library”—something I advocated for on day one of my job there but could never get any resources allocated toward.
My fear has always been that you needed to start building this years in advance and have it ready so that infrastructure providers could adopt it before mainnet.
3) Homogenous communities are not actually healthy.
It may seem great to have a community that is always happy-go-lucky when all you see is your echo chamber, but from the outside looking in, it’s not inviting—it feels fake.
I know it’s not fake because I’ve met the Monad community in person, and it’s the most vibrant, cheerful, supportive, and lovely community I’ve ever had the privilege to be part of—but it’s very curated.
Life is not curated. It’s messy. People fight, they cause drama, they say things you don’t like, and that muddies the waters. When you enter a community without that, it’s heaven to some but hell for others.
You need a mix of both. You need fewer surface-level interactions and more deep questioning. You need people in the community willing to get in fights on your behalf.
Most importantly, the community needs to form an identity independent of the founder.
4) MegaETH correctly identified that VC backing is not a benchmark that normal people view as success and has leveraged that to their benefit in a populist movement.
This wasn’t done explicitly, but implicitly—and I believe it’s a side effect of not being more upfront with teams about launch timelines.
The team will likely disagree with me on this, but look, I’m a vibes guy—and that was the vibe.
When you run founders’ events pre-launch and put yourself on a stage talking about how to build a successful company pre-launch while only having a large raise to show for it—this is the natural conclusion people draw.
When you make VC funding of ecosystem projects pre-mainnet a regular occurrence, this is the conclusion people draw.
I’m not saying this is a bad thing. If anything, it gives teams more runway to build with you for the long term.
I’m saying it’s a perception issue that flows from a timing mismatch between when the chain was expected to launch and when it is actually launching.
5) Let your team have a real voice.
99% sure I’d have been fired for writing this while still there.
That’s a problem.
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