Monad aims to expand the ecosystem with a new Foundation
The new Monad Foundation will focus on validator-led governance, community proposals, and ecosystem development, while Monad Labs transitions to Category Labs, focusing on software development.
The Monad blockchain project, compatible with Ethereum’s virtual machine, has introduced the Monad Foundation to advance the network’s growth and decentralisation. The Foundation will focus on validator-led governance, community improvement proposals, and ecosystem expansion, providing essential resources to developers while promoting adoption.
Amid speculation of a potential token launch, the Monad Foundation aims to ensure transparency in governance processes. Leadership includes Keone Hon and Eunice Giarta, alongside team members from Monad Labs, now renamed Category Labs, which will concentrate on software development and research under new CEO James Hunsaker.
This restructuring mirrors trends in blockchain projects, dividing governance and ecosystem efforts from technical development. With EVM compatibility, Monad is positioned to attract developers familiar with Ethereum tools, accelerating innovation and adoption.
