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As mentioned in my previous post, starting today, I plan to mainly post content in Korean. This is because Korean content can imprint the unique characteristics of the country externally.
Today, I participated in the official event of the Monad Foundation, and as expected, nad representatives from all countries attended. I would like to share my thoughts on that experience.
I believe that over 80% of the attendees were members of the Monad community.
From the perspective of "decentralization" that Monad is focusing on, looking at the tendencies and characteristics of the participants who attended this offline event, we can already say that decentralization has been achieved.
These individuals flew to Korea for this event from at least five different countries, and they will be the driving force behind the largest ecosystem after the mainnet launch.
The reason decentralization is important is that, from various perspectives, it is the best indicator of the characteristics of blockchain. Honestly, these days, there are many market views questioning the importance of decentralization, but it is a necessary aspect for platforms aiming for greater heights.
First, for institutions to invest, geographical and equity decentralization is essential, and this greatly impacts listings.
Additionally, from an investment perspective, equity decentralization means risk mitigation, which is also important.
The main members of the Monad community are evenly distributed across different countries, and due to market characteristics, I believe they will hold most of the circulating supply in the early stages of the mainnet.
Moreover, unlike project communities that coerce one-time airdrops or hype, the Monad community has already become friends, which means that information exchange will be very active. This suggests that the circulation of funds within the ecosystem could happen very quickly.
So far, this has not been activated, but they have acted and contributed by proving themselves, which has raised their own value.
At a time when the mainnet is just around the corner, many Monad community members have already become true KOLs, and when they grow further and start exploring opportunities within the ecosystem, a significant change will occur.
Unprecedented fund circulation and mind share will happen, which will help in the revival of Monad.
The highlight of the Monad main event is that friends who came two years ago are returning even after two years. This signifies that they are still thriving.
On the contrary, while many expect that people will leave after the mainnet, those who have already become major KOLs based on Monad cannot easily leave because they have placed their value here.
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