Today, December 16, 2024, we are sharing an exciting organizational update, signaling a next step in the evolution of the Monad blockchain: the Monad Foundation, an independent organization dedicated to encouraging the development and adoption of the Monad blockchain protocol.
What is the Monad Foundation?
The Foundation’s principal activity will be to facilitate validator-led governance and community-led improvement proposals; provide developer documentation relating to the network; and engage in ecosystem development, marketing, and advisory-related services for the Monad protocol. Keone Hon and Eunice Giarta will be joining the Monad Foundation. A portion of the current Monad Labs workforce, primarily on the Business Development, Ecosystem, Community, Marketing, Developer Relations, and Operations teams, will also be joining the Monad Foundation.
Introducing Category Labs
Monad Labs will continue as a software development and research company in connection with technology underlying the Monad blockchain protocol. It will do so under a new name: Category Labs. Category Labs will be led by James Hunsaker, who will serve as CEO.
As functional programmers frequently say: a monad is a monoid in the category of endofunctors.
Looking Forward
To continue following updates about the Monad protocol from the Monad Foundation, you can do so at https://x.com/monad_xyz, and at https://monad.xyz.
If you’d like to receive updates on Category Labs, please follow along at https://x.com/category_xyz, and at https://category.xyz.
We are thrilled about the path forward and the opportunity for Category Labs and the Monad Foundation to each be leaders in their respective domains of performance engineering and ecosystem stewardship. Decentralized tech is still in the early innings of adoption, and the next few years will be crucial. Gmonad, and onward!