This is our "why Monad?" answer
@monad felt like the right move for us.
> The community gets what we’re building, same vibe, same energy.
> On the tech side, it’s EVM-based and seriously fast, which matters for scaling AI companions.
> And honestly, the Monad team has been supportive and knows their stuff.
I've been talking to a lot of VCs lately and they all start off the conversation with some form of the same question:
"Why Monad?"
Many of them seem genuinely surprised to find out that I'm building on a chain widely known for its blue animal mascots and aggressive airdrop farmers. Many of the VCs may know me from my work in MEV on other chains, my work with application-specific sequencing, my research posts, podcast appearances, or presentations at conferences. Or perhaps they remember me due to the bluntness of my analyses on twitter / X...
.. And because they know me, they wonder why I'm not aiming that same blunt criticism at what many consider to be the latest entry in the "just one more L1" racket. The fact that I'm now building on Monad causes the pattern matching part of their brain to short circuit.
After all, they know that I'm more likely to mock airdrop farmers than to be one; they know that based on the composition of my company's cap table I should be solana-aligned and anti-monad; and they know that our application-specific sequencer recently found PMF and is gaining exponential momentum and revenue. They know that I'm not desperate and that I have no direct financial incentive to commit so much of my time and resources to a L1 that's still in testnet.
So... why Monad?
After all, there is no single thing that the Monad blockchain does that is a 10x improvement over the existing technology:
- Solana offers higher throughput
- L2s give apps more control and more UX upgrades
- Cosmos chains offer single slot finality (Monad is second-slot finality, and the utility difference between the two for the purpose of interop / composability is immense)
- Ethereum has a more developed ecosystem (and I have a more marketable name there)
- Berachain has a better incentive program with a more empowered community
- Hyperliquid is where all the new activity and users are
And those ecosystems are all live.
Meanwhile, Monad's testnet for apps technically isn't even using the MonadBFT consensus protocol. And that's in spite of the fact that it raised an exorbitant amount of money and is now over a year past their originally targeted mainnet launch date.
These VCs I talk to, they know all these things. And they also know me. And to them, it just doesn't add up.
They've also done their homework - they know that I didn't have any pre-existing close friends working at Monad labs. I guess I knew keone in passing from back when I was still running an MEV bot myself, but I wouldn't say that we were close. They also know that I didn't angel invest in Monad - I have no financial ties to the blockchain or the team.
The VCs know that I'm married. They know I have a kid. While I'm not struggling financially, I am still a renter - not a home owner - and I'm certainly not at a stage in my life where I can take uncalculated risks that burn money on a whim. They know that neither I nor anyone at FastLane has sold any equity OTC and that we're all in it for the long run (so why chase a short term airdrop?) And it's not just my future that I'm betting on Monad - it's the future of everyone at FastLane. That is immense responsibility... and to many outsiders, that bet makes no sense.
Even more importantly, the VCs are aware that the monad ecosystem team doesn't promote my company (or any LST) publicly, doesn't retweet us, and hasn't offered us any token incentives. No comarketing. I haven't even been on one of the many Monad-run podcasts. Sometimes the monad eco people even politely decline to join telegram group chats that I've created for them to meet apps or validators that had asked me for an introduction. This has burned not a small number of my own bridges.
The VCs know that I have been 'courted' by many ecosystems... but not by Monad. Nobody on the Monad team asked us to build here. I'm pretty sure many of them view my willingness to bluntly state what everyone else is afraid to say as a risk. So far, this tweet is validating their concerns. Time to fix that.
"Why Monad?"
It's simple, really; there is nowhere else.
Monad is a deeply flawed project. But it is the only project in all of DeFi that was built with the intelligence, foresight, and self-awareness to acknowledge that a flawless layer 1 ecosystem is impossible to create, and to instead build in such a way that its flaws are the result of intentional tradeoffs made with efficiency in mind.
That is the essence of the Monad blockchain, its community, and its builders.
Every other project in crypto thinks it can be perfect, and because of that hubris they all inevitably fall short. They realize too late that they can't have it all... and so they accept inefficient, breaking, unintended flaws via a malformed 'temporary solution.' Their communities go along with it because "the fix is coming!"
- "We'll decentralize the sequencer later!"
- "Partial reverts will be possible in runtime 2.0!"
- "Atomic composability between app chains is all you need for a harmonic ecosystem!"
- "Scaling will be solved when proving times are decreased!"
- "Governance-controlled incentives won't stifle ecosystem growth once the whitelist is removed"
- "Soon we'll only have to wait 2 seconds while using an unsafe bridge to move funds between the perps exchange and the L1!"
Those statements are all cope. They are a result of those ecosystems lacked the foresight to understand the tradeoffs that they'd have to make and the flaws that their designs would be riddled with.
Do you know what the go-to expression of cope in the Monad community is?
There isn't one.
Monad's numerous flaws were all intentional. They were all the result of conscious tradeoffs. They aren't going away anytime soon because their removal would introduce even larger flaws.
"But Alex, it's just another EVM L1! How could it be that different?"
The reason why Monad is the only serious blockchain to build on isn't a result of some silver engineering bullet that the team created out of thin air. There's no single feature that sets it apart.
Monad is the only serious blockchain to build on because it's the only blockchain that was so thoroughly designed and so elaborately planned that it doesn't have any breaking flaws.
Some examples:
- L2s won't survive the regulators. And even if they did, you can build a faster and less centralized app with a better UX by using application-specific sequencing on a fast L1 with abundant block space. An L1 like Monad. Candidly, if you still think L2s offer anything novel other than delayed finality then you don't understand the power of application-specific sequencing.
- Speaking of application-controlled execution, handling a partial revert (i.e., on-chain invocation error catching / handling) is not possible on Solana. This breaks the potential for atomic composability between adversarial counterparties... which is kind of the main net-new use case that DeFi has over TradFi. Sure, you can artificially recreate some of the same features by using offchain infra to handle matching and then hoping the validator respects the order you sent, but adding another layer of infra in between the blockchain and the users slows down the chain. I think that Jito's BAM is an amazing undertaking and I fully support it - that team is amazing. But BAM is an opt-in infra layer for validators and will therefore never have 100% uptime, which breaks most of the high value use cases for ACE / ASS. This isn't Jito's fault - Solana was designed for a high TPS - and in much the same way that a driver over-optimizing for speed will remove the car's airbag and then subconsciously drive slower due to the increased risk, Solana removed the ability for transactions to fix themselves mid-execution and therefore has to send a lot more transactions. As a result, it simply doesn't support the feature that FastLane uses, and so no matter how amazing the Jito team is, their TEE infrastructure layer will never be as fast or have as high an uptime as the application-specific sequencing that we can do natively on chain on Monad... because our latency is zero and our uptime is 100%. Hurray, smart contracts.
- I love the cosmos team and I genuinely believe that their composability solution was years ahead of its time... but perhaps first they should have focused on creating an ecosystem that wanted to work together. It doesn't matter if the siloed apps can seamlessly interop with each other if none of them have an incentive to do so. Ecosystem management is an extremely complex subject and I am certainly not an expert in it, but the Monad team has been extremely pragmatic about their approach. There is a tradeoff spectrum that exists when creating an ecosystem; on one end is a system with free competition in which any app can win based on merit, and on the other end is a system in which some apps get enough support to not have to worry about local users and can focus almost exclusively on bringing net new users to the ecosystem. Like everything else on Monad, their ecosystem team isn't adamantly leaning on one side of the spectrum or the other.. instead, they're doing their best to handle the ecosystem as efficiently as possible. For apps, the ecosystem is both fair (but not a perfectly level playing field) and supportive (but not as much as a king-making ecosystem like megaeth or berachain, which is offputting for builders like me that prefer to win by winning the market distribution and demonstrating the best tech rather than because the right angel is on our cap table).
- Hyperliquid has baby blocks - only 2 million gas. The perps exchange isn't even integrated into directly into the L1... you can bridge funds from Ethereum to Arbitrum via Across faster than you can move funds from HypeEVM to Hypercore. I genuinely don't understand how you could get all the validators to run in AWS Tokyo and still only have blocks with a size of 2 million. Ethereum is at 45 million now. I sometimes think that the entire Hyperliquid ecosystem is an elaborate prank that people are playing on me.
- Ethereum might actually be right about the ZK proof path to scaling... but at this point, that blockchain is just too overrun with entrenched intermediaries and third parties. All those mechanisms are great on paper, but each infrastructure middleman that pops up in between the users and the blockchain will add latency and has an incentive to extract rent. The bigger concern is that it's going to be very politically difficult to remove all of them them... but I also know that if anyone can pull it off, it's Tomasz. He's genuinely the goat - selecting him as a leader was such a radical yet brilliant decision that I never even considered the possibility of Ethereum doing it. But maybe they'll pull it off? I wouldn't bet on it - once they fix their issues they'll still have a lot of ground to catch up until they're at the same level as a modern L1 - but I'm rooting for them.
- I don't have anything bad to say about SUI other than that it has a VM that doesn't have a ton of support relative to the EVM or the SVM. If it had come out a little sooner, such that its dev tooling could've been built up before all the new AI agent coding tools started learning the EVM and SVM and taking over a lot of the workload, then maybe I'd build there. And maybe if Monad didn't exist then Sui is where I'd end up. But Monad does exist.
I'm a builder. I like to plan out a product before I start building. I'm also acutely aware of how painful it is to build on top of a foundation that changes half way through your build cycle.
"Why Monad?"
It seems obvious to me that there is only one blockchain that was made with a design based on realistic tradeoffs and not naive ideals or principles.
It seems obvious to me that there is only one blockchain that has a foundation that is sturdy enough to not need a massive, breaking change in order to stay relevant.
It seems obvious to me that there is only one blockchain that was built to support its end users' actual use cases and not the engineering platitudes or mechanism designs of its founding team.
It seems obvious to me that there is only one blockchain with an ecosystem strategy that acknowledges the power that is has while also understanding that using it 'fairly' reduces its aggregate impact, and works to balance that. None of the founders celebrate all of the monad eco decisions - we're selfish creatures, after all - but all of us respect the rationale behind those decisions.
It seems obvious to me that there is only one blockchain that doesn't force application developers to sacrifice one of their core principles. All of us got into DeFi for a reason, let's not trick ourselves into forgetting why.
Monad isn't the most decentralized L1. Monad doesn't have single slot finality. Monad doesn't have the highest throughput. But Monad is decentralized, Monad does have fast finality, and Monad does have high throughput. Every single 'flaw' is tolerable. None of them are breaking or require me to compromise my values.
It seems obvious to me that Monad is taking a long time to launch their L1... but they are very thorough. That's why it has all of these amazing features. That's why all of these tradeoff choices were made so thoughtfully. The devs don't have some sort of magic bullet. The reason why Monad is the best blockchain is because of the team's hard work, experience, and careful analysis.
It's the little things. They add up into something that's really remarkable. Read the code for the consensus engine and tell me it isn't impressive.
It seems obvious to me that there is only one blockchain for serious builders.
"Why Monad?"
Because it is obvious to me that there is no other option.
And it is also obvious to me that it won't be long until everything I've said becomes obvious to you, too.
If you're lucky, maybe those weird-looking purple animals might start making sense to you too. They're called the monanimals btw.
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Unfortunately, when VCs or other interested parties asks me the "Why Monad?" question, I typically don't have twenty minutes to walk them through this explanation. It's something I've spent a lot of time thinking about but have struggled to convey in a more succinct format. Thank you for spending the time to read through these long form thoughts - even if you don't agree or aren't convinced by my points, the fact that you considered my opinion means a lot to me.
See you on chain.