Rocket launches public beta on Monad with $10,000+ testnet prediction competition.
Tech & Launches ·
Rocket has entered public beta testing on the Monad blockchain alongside a testnet prediction competition offering more than $10,000 in rewards. The initiative brings the prediction application to Monad, an EVM-compatible Layer 1 designed around parallel transaction execution and the MonadBFT consensus mechanism.
Monad targets 10,000 transactions per second while maintaining bytecode compatibility with Ethereum, allowing developers to deploy existing smart contracts without modification. Rocket's presence on the network represents adoption by an application layer project as Monad's ecosystem continues to expand across DeFi and real-world asset use cases.
The public beta and prize pool structure suggests an attempt to seed user engagement and gather performance feedback during the testing phase. No details have been disclosed regarding the specific mechanics of the prediction competition, eligibility criteria, or timeline for moving from testnet to mainnet deployment.