Monad announced the launch of Monad Madness competition, which will distribute a $1 million prize pool.

On August 14, the parallel blockchain Monad announced the launch of the Monad Madness competition, which will distribute $1 million in prizes. A maximum of 20 teams from each region can participate in the competition, with multiple VCs participating in the review, accumulating a potential investment scale of more than $60 million. The first will be held in New York from October 2-4, and the second will be held in Seoul, Korea, from December 6 to 8.

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