Monad, a provider of parallel blockchain technology, recently launched its global competition event called Monad Madness. The event is aimed at encouraging developers and innovative teams to explore and build using Monad's technology platform, driving the development of the blockchain industry forward. A prize pool of $1 million is provided to reward teams that excel in the competition. Up to 20 teams from each region can participate, and participants not only have the opportunity to win cash rewards but also potential investment opportunities from multiple renowned venture capital firms, totaling over $60 million. Monad Madness competition will be held in two phases, with the first event scheduled from October 2nd to 4th in New York, and the second event in Seoul, South Korea, taking place on December 6th to 8th. Interested developers and teams can learn about the detailed registration process and competition rules through Monad's official website. Monad invites innovators from all over the world to gather together and embark on a new chapter in blockchain technology. Monad is committed to providing developers with an efficient and secure platform powered by its advanced parallel blockchain technology, facilitating the construction of next-generation decentralized applications. Monad Madness competition is not only a test of technical capabilities but also a showcase of teamwork and innovation, playing a significant role in promoting the development of the blockchain ecosystem.