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Will MegaETH partner with a top 10 DeFi project by December 31, 2024?
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Yes • 50%
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Official partnership announcements from MegaLabs or DeFi projects
Story
MegaLabs' MegaETH Raises $20 Million in Seed Round Led by Dragonfly Capital, Backed by Vitalik Buterin
Jun 27, 2024, 04:51 PM
MegaETH, a new blockchain project by MegaLabs, has successfully raised $20 million in a seed round led by Dragonfly Capital. The project has garnered support from notable figures in the blockchain community, including Vitalik Buterin, Cobie, and Joseph Lubin. MegaETH aims to push performance to the maximum possible limits, offering a real-time blockchain with full Ethereum compatibility. The project focuses on innovative approaches to in-memory computing, state synchronization, and a unique rollup design that maximizes centralization of the sequencer while decentralizing the provers. This new layer 2 solution promises to deliver ultra-high performance and unprecedented scalability, with a '9-figure' token valuation.
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