Monad, a venture-backed EVM-compatible blockchain project, has established the Monad Foundation with the aim of fostering the growth of the Monad protocol. This news follows a series of pivotal developments for Monad, including its recent launch on the Mainnet. The Monad Foundation will play a significant role in supporting the protocol's development and adoption by providing grants and resources to developers and ecosystem partners. The Foundation will also work to promote Monad and its use cases through educational initiatives and community engagement. The establishment of the Monad Foundation is a testament to the project's commitment to long-term growth and sustainability. By investing in its ecosystem, Monad aims to create a thriving and vibrant community of developers, users, and contributors.