E72: Monad CEO: How a Quant Trader Built one of the Largest Crypto Startups in the World

When Shift Happens Podcast

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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Connect with Keone 👇

LinkedIn: https://www.linkedin.com/in/keone-hon/

Twitter: https://x.com/keoneHD

Connect with Monad Labs 👇

Twitter: https://x.com/monad_xyz

Website: https://www.monad.xyz/

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Website: https://www.when-shift-happens.co/

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Linkedin: https://www.linkedin.com/in/kevinfollonier/

Twitter (X): https://twitter.com/KevinWSHPod

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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