Evaluate Your Wallet Rating on Monad Test Network
Monad Raises $225 Million, Anticipates Mainnet Launch and Token Generation Event
In a significant development for the blockchain industry, Monad, a high-performance Layer 1 blockchain, has successfully raised $225 million across Seed and Series A rounds in April 2024. The investment was backed by top-tier investment firms, marking a strong vote of confidence in Monad's potential.
Monad is designed to address scalability, transaction speed, and compatibility issues within the Ethereum ecosystem. One of its key features is full compatibility with the Ethereum Virtual Machine (EVM), enabling developers to deploy Solidity smart contracts seamlessly.
As Monad moves towards its mainnet launch, hints of a Token Generation Event (TGE) in September 2025 have been circulating. The mainnet is expected to support up to 10,000 transactions per second with sub-second latency and near-instant finality, making it a promising contender in the blockchain space.
For users looking to engage with Monad, the Repute platform and CryptoWalletsx are the primary tools. The Repute platform displays detailed insights into wallet performance and interaction history after connecting the testnet wallet. If unable to log into Repute, CryptoWalletsx can be used as an alternative.
To improve your wallet score on the Monad testnet for potential airdrop qualification, focus on consistently interacting with the ecosystem in meaningful ways over an extended period. This includes maintaining daily and weekly activity, interacting with a broad range of dApps and smart contracts, performing meaningful on-chain actions, using native Monad wallets, and monitoring your wallet score on platforms tracking Monad testnet activity.
By following these strategies, users can demonstrate genuine and sustained participation, a factor typically prioritised when calculating wallet scores and airdrop eligibility. To check your wallet score on the Monad testnet, users are recommended to visit the Repute platform.
[1] Source: Monad Whitepaper [2] Source: Monad Blog Post on Medium [5] Source: Monad Community Forum Discussion
- Monad, supported by Solana protocol, allows developers to deploy Solidity smart contracts, demonstrating its cross-platform governance in the blockchain industry.
- In preparation for the mainnet launch and Token Generation Event (TGE), users can improve their wallet score on the Monad testnet for potential airdrop qualification, by focusing on consistent interaction, using native Monad wallets, and monitoring their wallet score on activity-tracking platforms.
- To engage with Monad, users can utilize the Repute platform or CryptoWalletsx, with the former providing detailed wallet performance and interaction history after connecting the testnet wallet.
- Sui, possibly a significant player in the blockchain industry, may emerge as another technology that Monad supports in the future, expanding its compatibility beyond Ethereum and Solana.
