MON Protocol (MON)

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User Acquisition and Community Building

MON Protocol enables projects to incentivize and reward users who hold specific tokens or NFTs. This helps founders acquire, curate, and maintain engaged communities through personalized, on-chain behavior-driven rewards.

On-Chain Intellectual Property (IP) Governance

MON Protocol allows decentralized governance of fractionalized IP, such as the Pixelmon gaming characters. This means token holders can participate in decisions related to the management and use of gaming IPs.

In-Game Payment Method

MON tokens are used as the preferred payment method in Pixelmon games. Players can use MON to buy in-game currencies at a discount, enhancing their gaming experience.

Game and IP Publishing

MON Protocol supports game and IP publishing on blockchain networks like Solana. It helps bring high-quality games and intellectual properties to the web3 gaming ecosystem, enabling scalability and broad user reach.

Launchpool and User Engagement

The MON Protocol Launchpool acts as a user-acquisition funnel for web3 games, helping new games find their audience and rewarding loyal users with points and airdrops from partner projects.

Ecosystem Integration

MON Protocol powers over 60 blockchain games and IPs, providing infrastructure for staking, launchpools, and governance, making it a key player in the decentralized gaming and IP space.

Pros

• MON Protocol tokens can be used simultaneously for multiple functions such as collateral, staking, and lending, earning up to 11.19% APY.
• Zero fees for converting MON to other cryptocurrencies without moving funds or lockups.
• Active development with recent protocol upgrades improving EVM functionality and developer tools.
• Strong financial backing with over $225 million raised from major investors like Paradigm and Coinbase Ventures.
• Fast growth with approximately $355 million in total value locked (TVL) shortly after launch.
• Integration with major protocols such as Uniswap, Curve, MetaMask, and USDC.
• Expanding ecosystem supporting blockchain-native gaming projects and web3 innovation.
• Decentralized ledger ensures security and transparency through consensus mechanisms.

Cons

• MON Protocol has experienced recent price declines and underperformance compared to the broader crypto market.
• The token is highly volatile, which may not suit all investors.
• Market price is influenced by external factors like regulatory changes, market sentiment, and competition.
• The price has significantly retreated from its all-time high, indicating past volatility.
• Availability and use may vary by jurisdiction.
• Some wallets and exchanges require identity verification and have varying features, which may affect user experience.

Founders

MON Protocol was co-founded by Giulio Xiloyannis, who is prominently mentioned as a co-founder and leader of the project.

Investors and Advisors

While Giulio Xiloyannis is the named co-founder, the project also involves notable investors and advisors such as Gabby Dizon of Yield Guild Games (YGG), Ray Chan of 9GAG, and Robbie Ferguson of Immutable, but these individuals are investors and advisors rather than founders.

Venture Capital Firms

MON Protocol's investors include well-known venture capital firms such as the Inevitable Gaming Fund, Foresight Ventures, Delphi Ventures, The Spartan Group, Amber Group, Animoca Ventures, and Bitscale Capital.

Angel Investors and Founders

Angel investors and founders involved are Robbie Ferguson of Immutable, Gabby Dizon of Yield Guild Games (YGG), and Ray Chan of 9GAG.

Lead Investor and Fund Partners

500 Global is the lead investor in MON Ventures, MON Protocol’s Web3-focused investment fund aimed at accelerating blockchain gaming studios.

Other Investors

MON Protocol has a total of 13 investors, including a mix of institutional investors and individual backers supporting its growth in the Web3 gaming and IP publishing space.

No. There is no information available about MON Protocol being halal. The provided data relates only to halal restaurants and products, not to MON Protocol.