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There is a very interesting entity in the Monad ecosystem—Nado. At first glance, it looks like a token or NFT project, but it’s not. Nado is more like a cultural nickname and a concrete embodiment of community consensus for the Monad public chain.
Speaking of Monad itself, it is a new type of Layer 1 public chain, created specifically to solve Ethereum’s scalability issues. It has invested heavily in technology: by introducing parallel execution and asynchronous I/O technology, it has increased throughput to 10,000 TPS while maintaining full EVM compatibility. How does this number compare among high-performance public chains? It’s quite formidable.
The purple creature image of Nado has already become a spiritual symbol for early builders before the Monad mainnet went live. Developers, contributors, and community members all develop a sense of identity through the Nado IP. In other words, Nado is the face of the Monad ecosystem at the community level and also a cultural gateway for users to enter this vast ecosystem.
In terms of fundraising capability, Monad Labs has delivered a pretty solid track record. In the crypto infrastructure sector, in terms of funding scale and valuation, Monad belongs to the top tier. This capital support directly boosts the confidence of Nado and the ecosystem it carries.