Jumpstart is not only a support platform but also a way to build community.

In this year's bull market, the progress of compliance will inevitably promote the industry's development to another height.

Against the backdrop of a thriving industry, startup projects often face various challenges: from building technical architecture to validating business models, from resource scarcity to unclear market direction, these issues make it difficult for many projects in the early stages.

Jumpstart is an innovative practice initiated by Monad in this context: aimed at providing comprehensive support for early Web3 projects, helping them grow rapidly, and injecting new vitality into the entire ecosystem.

How does Jumpstart specifically operate? What opportunities will it present for project teams or users? This article will provide an interpretation.

Workshops that Builders Must Pay Attention To

There isn't much introduction about Jumpstart on the Monad official website; it feels more like a closed-door event.

It's not entirely accurate to call it an event; after consulting with the team, I feel it resembles a Builder Workshop more.

Mechanically, this Jumpstart includes the following features:

1- Selection of 40 early-stage startups;

2- Approximately one week of guidance;

3- Practical exchanges among founders, not just conceptual discussions;

4- Mentors from the Monad Team and invited outstanding founders from the industry;

5- Comprehensive support for projects from idea conception to Product-Market Fit (PMF).

The Jumpstart event is conducted in a short-term, high-intensity manner, allowing for deep interaction with participating startup teams. Each team can receive hands-on guidance from mentors, covering all aspects from product direction to technical architecture, from market strategy to Product-Market Fit.

Helping Early Projects is Promoting the Development of One's Own Ecosystem

Jumpstart provides a rapid growth opportunity for startup projects; efficient guidance and resource support in the short term can often help projects achieve breakthroughs at critical junctures.

For the promotion of the Monad ecosystem, Jumpstart can also attract more quality projects to participate, improving the project quality and success rate within the Monad ecosystem.

After understanding, we will use two projects participating in the event as case studies.

Jumpstart is not only a support platform but also a way to build community.

A total of over 40 teams participated in this event, and we will share two projects seen on Twitter that are part of this event.

1- HaHa Wallet: A next-generation mobile wallet designed for DeFi experiences.

The core features of HaHa include account abstraction, an automated limit order book, and transaction fees cheaper than Phantom and Metamask. In addition, HaHa Wallet also has:

• "Multi-Mnemonic" feature: allowing you to import wallets corresponding to multiple mnemonics and manage multiple wallets in one app;

• Price Alerts: setting alerts for key prices of different tokens within the wallet app.

Currently, the HaHa Wallet product has been launched and has over 10,000 downloads on Google Play, and it will also be the first to support Monad's testnet.

Official website: https://www.haha.me/

2- Narrative

Currently, there isn't much introduction about this project; the official slogan is "Trade narratives with leverage," and the quality of followers is relatively high.

It is speculated to be a product similar to Polymarket, betting on some popular narratives but with the ability to increase leverage.

Official Twitter: https://x.com/narrativexyz

3- KiFi (TBD)

Overall, the Jumpstart event is not only a boost for startup teams but also an important attempt by Monad to promote Web3 ecosystem construction. Through such a platform, Monad not only significantly drives the development of its ecosystem projects but also injects more potential innovative application scenarios into the entire ecosystem.

Jumpstart is not only a support platform but also a way to build community.

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