The project has introduced a “real-time blockchain” technology for Ethereum-compatible applications. According to the team, the network’s valuation will start at $1 million and could reach up to $999 million. In total, 5% of the MEGA token supply will be offered for sale.
The auction format will allow participants to set the token’s price and gain a significant share of the network. In practice, they may become its largest holders, surpassing the team and institutional investors. The developers say this setup should ensure transparent price discovery and fairer token distribution.
If demand outstrips supply, priority will go to the most active members of the ecosystem – users with on-chain history, involvement in projects, and a willingness to lock tokens for the long term.
MegaETH has already raised $30 million from investors, including Dragonfly and Ethereum co-founder Vitalik Buterin.
Concept and Technology Overview
MegaETH describes itself as the “first real-time blockchain” – a network built for instant transaction processing and continuous data synchronization without delays. Unlike traditional blockchains, where blocks are created at set intervals, MegaETH aims for uninterrupted transaction confirmation.
The network’s architecture combines centralized block production with decentralized validation – an approach that, according to the developers, balances scalability and security. The team envisions MegaETH as a new execution standard for decentralized applications and DeFi protocols.
The upcoming MEGA token sale marks a major milestone toward the launch of the mainnet and the transition to distributed governance, where the community will play a decisive role in shaping the project’s future.
Token Distribution Model
Tokens will be distributed using a U-shaped model designed to include a broad range of participants while rewarding core contributors.
Priority will be given to users who support the growth of MegaETH and Ethereum, holders of major NFT collections, and addresses with verified on-chain activity.
Co-founder Namik Muduroglu emphasized that the goal of the sale goes beyond raising capital:
“We want to build a community of people who share our principles and show their commitment by using the network,” he wrote.
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