According to TechFlow, on August 6, Monad announced the launch of its first acceleration program, named <Mach 1>, which represents the first batch of students in the Monad Accelerator program. It aims to attract more teams with specific ideas and focus on developing proofs of concept or minimum viable products (MVP). The registration channel is now open.

It is reported that the program will officially start on August 19, 2024, and is expected to last for 4 weeks until September 13, 2024. Prior to this, Monad will interview applicants between August 7 and 13, 2024. Selected applicants are required to invest at least 8 hours per week and will receive one-on-one guidance, masterclasses and seminars from industry leaders, financial support, and early access to the Monad developer testnet.