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<!-- End Google Tag Manager (noscript) -->SINGAPORE, 29 APRIL 2024 - Mon Protocol, the publishing protocol for blockchain-native games and IP, has officially announced a partnership with Aptos Foundation. With this agreement, Mon Protocol becomes the game and IP publishing partner of the Aptos Foundation, and Tier 1 projects already vetted and supported by Aptos Foundation will be introduced to the protocol. Aptos Foundation will be leveraging expertise and resources from Mon to focus on social awareness and ecosystem growth for Tier 1 gaming projects on the Aptos Network.
Mon Protocol will commit to supporting projects and exposure to its community. This community access will include the protocol’s selection process, which can greenlight games into becoming official partners of Mon, adding support to their development. With the help of the Mon team, partners, and games, these vetted projects will gain accelerated social awareness and maximize adoption. This stands to benefit individual projects and the entire Aptos ecosystem.
“Aptos is one of the emerging blockchains thanks to its scalability, reliability, and robust security. Many games and web3 projects are building on Aptos, and it makes sense to enter a partnership with Aptos Foundation that can maximize the blockchain’s potential and increase the diversity within Mon Protocol," said Giulio Xiloyannis, co-founder of Mon Protocol. “We are creating bridges that make web3 more interoperable and strive to strengthen the web3 gaming ecosystem. There are a lot of promising projects on Aptos, such as the top-down shooter Aptos Arena. Our team is ready to support projects on Aptos that partner with us.”
Launched in October 2022, Aptos is a layer-1 proof-of-stake blockchain that boasts low transaction costs, advanced security features, and a parallel execution engine. As of April 2024, Aptos has over 2.5 million monthly active users and more than 551 million transactions. Projects built on Aptos encompass gaming, DeFi, NFT Tooling, security, marketplaces, social, education, and AI.
The Aptos parallel execution engine is capable of handling 160,000 transactions per second, and presently performs on par with the most popular blockchains in the ecosystem. Some of the most well-known projects in the Aptos ecosystem include PancakeSwap, Pyth Network, LayerZero, Merkle Trade, Supervillain Labs, OKX and Thala Labs
Aptos Foundation is the latest entity to team up with Mon Protocol, following partnerships with Seedify, Immutable, and Solana.
Mon Protocol aims to be the leading publisher of blockchain-native IP and games. Mon Protocol launched with the Pixelmon gaming IP as its founding partner and has since built a large community of web3-savvy gamers and fans. Its platform enables blockchain-native projects to reach larger bases of gamers and fans while building stronger IPs by rewarding loyal communities and including them in the IP’s long-term success through fractionalized ownership.
Mon Protocol’s investors include some of the most prominent VCs and builders in the web3 gaming industry, such as the Inevitable Gaming Fund, Foresight Ventures, Delphi Ventures and The Spartan Group, as well as angel investors and founders such as Gabby Dizon of Yield Guild Games (YGG) and Ray Chan of 9GAG.
Aptos is a next-generation Layer 1 blockchain. Aptos' breakthrough technology and programming language, Move, are designed to evolve, improve performance and strengthen user safeguards.
Aptos Foundation, is dedicated to supporting the development of the Aptos protocol, decentralized network and ecosystem and driving engagement with the Aptos ecosystem. By unlocking a blockchain with seamless usability, Aptos Foundation aims to bring the benefits of decentralization to the masses. For more information: https://aptosfoundation.org/.
