MON Protocol (MON)

Intellectual Property (IP) Governance

MON Protocol enables on-chain IP governance, allowing creators and communities to manage and monetize digital intellectual properties. Its first use case is governing fractionalized IP of Pixelmon’s 200+ monster characters.

Gaming Ecosystem

MON Protocol powers blockchain-native games, including Pixelmon games like Pixelpals, Warriors of Nova Thera, and Hunting Grounds. The MON token is used as the preferred in-game payment method, allowing players to buy in-game currencies at a discount.

Creator Economy

The protocol supports a decentralized User Generated Content (UGC) system where artists and creators can fund, distribute, and earn royalties from their digital creations through NFTs.

User Acquisition and Rewards

MON Protocol offers a Launchpool that helps game developers attract and reward loyal users, fostering community growth and engagement in the web3 gaming space.

Multi-Chain Support

It is chain-agnostic, supporting multiple blockchains such as Ethereum, Solana, Immutable, and Aptos, which helps scale games and IP projects efficiently.

For more details, visit the official website: monprotocol.ai

Pros

• MON Protocol supports blockchain-native IPs and games, enabling true digital ownership and community participation.
• It has a strong gaming ecosystem with popular titles like Pixelmon Games, attracting over 1 million users.
• The protocol encourages decentralized game IP ownership, allowing players to "Play to Own" while using familiar free-to-play models.
• MON Protocol fosters collaboration among asset owners, creators, and gamers, creating a sustainable and scalable ecosystem.
• It operates on the Ethereum blockchain as an ERC-20 token, compatible with popular wallets like MetaMask.
• The project has active community support and ongoing development of new blockchain-native gaming projects.

Cons

• The circulating supply is relatively high, which can affect token price volatility.
• As a niche gaming-focused token, its value and adoption depend heavily on the success of its gaming ecosystem.
• Market liquidity and trading volume are moderate, which might impact ease of buying or selling large amounts.
• Being tied to the gaming industry, it may face competition from other blockchain gaming projects.
• The token price can fluctuate with the overall crypto market and gaming sector trends.

For more details, visit the official website: monprotocol.ai

Founders

MON Protocol was co-founded by Giulio Xiloyannis, who is also the CEO of Pixelmon and co-founder of LiquidX Studio.

Investors and Supporters

The project has backing from notable figures in the web3 gaming space, including Robbie Ferguson of Immutable, Gabby Dizon of Yield Guild Games (YGG), and Ray Chan of 9GAG.

Venture Capital Firms

MON Protocol has received investments from well-known venture capital firms such as Amber Group, Animoca Ventures, Bitscale Capital, Delphi Ventures, Foresight Ventures (Singapore), and 500 Global, which is the lead investor in their new fund MON Ventures.

Web3 and Gaming Industry Investors

The project is backed by prominent Web3 and gaming-focused investors including the Inevitable Gaming Fund, The Spartan Group, and angel investors like Robbie Ferguson (Immutable), Gabby Dizon (Yield Guild Games), and Ray Chan (9GAG).

Strategic and Community Investors

MON Protocol raised $7.1 million in a community pre-sale, showing strong support from its user base and community members interested in blockchain gaming and IP publishing.

For more details, visit the official website: monprotocol.ai

Halal Status of MON Protocol

• No official halal certification found: There is no publicly available information or halal certification specifically for MON Protocol.
• Reason: Halal compliance depends on the nature of the product, its use, and certification by recognized Islamic authorities. MON Protocol, being a blockchain token, does not have a direct halal certification or clear ruling from Islamic scholars.
• Conclusion: Without formal halal certification or scholarly ruling, MON Protocol cannot be confirmed as halal.