E72: Monad CEO: How a Quant Trader Built one of the Largest Crypto Startups in the World
When Shift Happens Podcast
Shownotes Transcript
Keone Hon is the CoFounder & CEO of Monad Labs, the company behind the MONAD blockchain, which offers users 1000x the throughput of Ethereum while maintaining cost-effectiveness.
Monad Labs just raised $225M in the largest crypto fund raise of 2024.
Keone shares invaluable insights from his journey as a Quant trader to leading Monad Labs from 0 to a Unicorn in just 2 years.
In this conversation, we dive into:
How to Master Community Building
What is Monad and why is it so important
The importance of parallelism in Crypto
How Keone and Monad Labs Raised $244 Million in 2 Years
How to launch a token that lives up to expectations
Being detail-oriented in Crypto
Oh Baby Games
Solana
What the Crypto world will look like in 12 months
And more!
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LinkedIn: https://www.linkedin.com/in/keone-hon/
Twitter: https://x.com/keoneHD
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Website: https://www.monad.xyz/
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Contents of the Video
0:00 Who is Keone Hon?
1:32 Keone Hon: Lessons Learned Through Experience
5:18 Joining Jump at Crypto, why is Crypto so Attractive?
6:58 Importance of High Frequency Trading
9:02 Current Situation of Crypto
10:27 What is Monad?
11:59 Swissborg Alpha Club
14:16 What's the Significane of Monad?
15:52: What is Parallelism?
18:58 The Approach to the Design of Monad?
21:12 What if it was the Wrong Approach?
26:59 MANTLE Partnership
28:21 Raising/ Spending $225 Million
31:32 Building Companies from the Ground Up Through Tech and Community
39:56 Building a Strong Community Pre-Token Launch
43:40 ASTAR Network Partnership
44:29 Message to the Monad Community
46:37 Token Launch Living up to the Expectations
50:28 Examples of Unique Company Building Ideas
52:46 Being/ Staying Consistent in Crypto and Real Life
56:26 What’s one of your Most Important Values?
58:21 Importance of Being Detail Orientated in Crypto
59:52 Keone Hon on Oh Baby Games and Solana
1:02:39 Advice to Keone’s Younger Self
1:05:57 Biggest Prediction for the Next 12 Months
1:07:34 Difference Between Talking and Actually Doing
1:09:28 Pivoting Away from Greed and Making Correct Decisions