Monad Infrastructure Head Joey: To Bring In the Next Million Users, We Need a Web3 Platform with Backend Support, and the Key is Lowering Gas
At the "FAT Awards 2024" annual gala, hosted by Odaily Planet Daily and co-sponsored by Bitget, on September 16th, Joey Anthony, Infrastructure Director of Monad, stated that attracting the next million users requires platforms with Web3 backend support. The key lies in reducing gas fees, but most blockchains lack horizontal scalability. Many blockchains are limited by their scale, even Solana faces this issue. While blockchains can attract users through subsidies, in the long run, increasing user penetration requires both differentiated product experiences or functionalities, and building community sentiment and culture.