This year's bull market and progress in compliance will inevitably promote the industry to another level.

In the context of booming industry, start-up projects often face various challenges: from building technical architecture to verifying business model, from lack of resources to unclear market direction, these problems make many projects difficult in the early stages.

It is in this context that Jumpstart is an innovative practice initiated by Monad: it aims to provide all-round support for early Web3 projects, help them grow rapidly, and inject new vitality into the entire ecosystem.

How does Jumpstart work? What opportunities will it bring to project owners or users? This article will explain it to you.

Builders must pay attention to the Workshop

There is actually not much introduction about Jumpstart on Monad’s official website. It seems more like a closed-door event.

It’s not quite accurate to call it an event. After consulting with the team, I feel like this is more like a Builder Workshop.

In terms of mechanism, this Jumpstart has the following features:

1- Screen 40 early startups;

2- A one-week instruction period;

3- Founders communicate practically, not just talk about concepts;

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

5- Provide all-round support for the project from Idea conception to PMF.

The Jumpstart event is carried out in a short-term and intensive manner, with in-depth interactions with participating startup teams. Each team can receive hands-on guidance from mentors, with full support from product direction to technical architecture, from market strategy to Product-Market Fit.

Helping early projects is to promote the development of your own ecosystem

Jumpstart provides startup projects with an opportunity to grow rapidly. Efficient guidance and resource support in the short term can often help projects achieve breakthroughs at key points.

As for the promotion of the Monad ecosystem, Jumpstart can also attract more high-quality projects to participate and improve the quality and success rate of Monad ecosystem projects.

After understanding the situation, we took two projects participating in the event as cases.

Jumpstart is not only a support platform, but also a way of building community.

There are more than 40 teams participating in this event. We will list two projects participating in this event that we saw on Twitter.

1- HaHa Wallet: The next generation mobile wallet designed for DeFi experience

HaHa’s core features include account abstraction, automated limit order books, and cheaper transaction fees than Phantom and Metamask. In addition, HaHa Wallet also has:

  • "Multiple mnemonics" function: allows you to import multiple mnemonics corresponding wallets and manage multiple wallets on one app;

  • Price Alerts: Set alerts for key prices of different tokens in the wallet app.

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

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

2- Narrative

There is not much introduction about this project at present. The official slogan is "Trade narratives with leverage." and the quality of followers is relatively high.

It is speculated that it should be a product similar to Polymarket, betting on some popular narratives, but with increased leverage.

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

3- KiFi (TBD)

In general, the Jumpstart event is not only a boost to start-up teams, but also an important attempt by Monad to promote the construction of the Web3 ecosystem. Through such a platform, Monad not only significantly promotes the development of its ecological projects, but also injects more potential innovative application scenarios into the entire ecosystem.

Jumpstart is not only a support platform, but also a way of building community.