The project, founded by Yilong Li in 2022 and developed through multiple fundraising rounds, aims to become the first truly real-time blockchain capable of supporting large-scale, compute-heavy use cases.
MegaETH's architecture is specifically designed to optimize performance while maintaining decentralization, allowing it to deliver Web2-level response times without compromising on security or the core principles of blockchain technology.
Who’s Investing in MegaETH? Backers, Partners, and Ecosystem Support
MegaETH has drawn strong backing from leading figures in the Ethereum ecosystem, including
Vitalik Buterin, Joseph Lubin, and Santiago R. Santos, along with top Web3 venture firms and community investors.
MegaETH has attracted substantial investor attention from both industry veterans and leading Web3 venture firms:
• Seed Round (June 27, 2024): Raised $20 million led by Dragonfly Capital, with participation from Vitalik Buterin, Joseph Lubin, and other early Ethereum backers.
• Community Round (December 13, 2024): Raised $10 million through Cobie’s Echo platform, fully subscribed within minutes by over 3,000 participants.
• Fluffle NFT Round (Mid-2025): Raised approximately $26.5 million through the sale of 10,000 NFTs priced at $2,650 each, valuing the network at $550 million.
• Public Sale (October 27–30, 2025): Raised $450 million from $1.39 billion in total bids, oversubscribed by 27.8×, making it one of the largest Layer-2 token sales to date.
In total, MegaETH has raised around $506.5 million across four major rounds. Compared with other Ethereum Layer-2 networks like
zkSync ($458M),
Scroll ($83M), and Blast ($80M), MegaETH’s fundraising strategy balances institutional investment with broad community participation, reflecting its hybrid approach to decentralization and long-term sustainability.
What's the Tokenomics of MegaETH?
MegaETH has unveiled the full $MEGA tokenomics, combining utility, performance-based rewards, and community incentives to drive sustainable ecosystem growth.
$MEGA Token Utility
• Gas Payments: Used to pay transaction fees across the MegaETH network at lower cost than Ethereum mainnet.
• Staking and Sequencer Rotation: Required for validator participation, network security, and latency-based proximity markets.
• Governance: Grants voting rights for protocol upgrades and DAO-driven proposals.
• Ecosystem Incentives: Supports developer grants, liquidity programs, and community rewards that encourage long-term engagement.
MEGA Token Allocation
Source: MegaETH X (Twitter)
• Total Supply: 10,000,000,000 MEGA
• KPI Staking: 53.3% (5.33B MEGA) for milestone-based rewards linked to network adoption and technical performance
• VC Allocation: 14.7% (1.47B MEGA)
• Team and Advisors: 9.5% (950M MEGA)
• Foundation / Ecosystem Reserve: 7.5% (750M MEGA)
• Echo Round: 5% (500M MEGA)
• Fluffle Round: 5% (500M MEGA)
• Public Sale (Sonar): 2.5% (250M MEGA)
• Bonus Campaign: 2.5% (250M MEGA) for NFT holders, early supporters, and community participants
$MEGA Distribution Highlights
The Fluffle NFT collection represents around 5% of total supply, rewarding early community members and Mega Mafia teams. The KPI staking model ties emissions to measurable on-chain growth, decentralization, and uptime metrics, ensuring $MEGA distribution reflects real network progress rather than fixed schedules.
Together, these mechanics position MegaETH as a utility-driven and performance-aligned Layer-2 economy, rewarding genuine contributors over short-term speculators.
Will There Be a MegaETH (MEGA) Airdrop?
Yes. MegaETH will distribute $MEGA through The Fluffle (10,000 soulbound NFTs, ~5% of supply), rewarding long-term contributors and active community members rather than points farmers.
Early distribution also includes the
MegaETH’s public ICO on Sonar by Echo (October 27 to 30, 2025) and a bonus campaign (December 2025 to January 2026) where the top 5,000 participants can earn up to 2× their allocation based on mainnet activity.
Below are the past and upcoming opportunities to participate in the MegaETH airdrop and secure early eligibility for $MEGA rewards.
How to Join the MegaETH (MEGA) Airdrop Opportunities in 2025
MegaETH’s early token distribution is built around genuine contribution and long-term engagement. Below are the key past and upcoming opportunities to earn or qualify for $MEGA rewards through NFTs, the public sale, and mainnet activity.
1. The Fluffle NFT Program (February–Mid 2025)
The Fluffe NFT Mint Details | Source: MegaETH
The Fluffle NFT collection kicked off MegaETH’s community distribution phase, featuring 10,000 soulbound NFTs split into two sets of 5,000. Phase 1 rewarded over 80,000 early supporters, while Phase 2 was allocated to Mega Mafia teams and a smaller group of verified users identified through social activity.
• Allocation Share: About 5% of total $MEGA supply
• Eligibility: Early contributors, Mega Mafia teams, and active community participants
• How to Participate: Users who connected eligible wallets and engaged through official campaigns during Phase 1 and 2 received NFTs linked to future $MEGA rewards
2. Public Sale on Sonar by Echo (October 27–30, 2025)
Held on Cobie’s Sonar platform, the public sale became one of the most anticipated events of 2025, attracting $1.39 billion in total bids and raising $450 million, an oversubscription of 27.8 times.
• Allocation Share: 2.5% of total supply
• Eligibility: Open to users completing KYC registration on Sonar by Echo
• How to Participate: Registered users submitted bids during the sale window, with final allocations announced on November 5, 2025
3. Bonus Campaign and Mainnet Rewards (December 2025 or January 2026)
Following the public sale, MegaETH launched a bonus campaign to reward active mainnet users before token trading begins. The top 5,000 participants by network engagement can earn up to 2 times their original allocation.
• Exact Date: To be announced
• Allocation Share: 2.5% of total supply allocated to the Mainnet Campaign
• Eligibility: Public-sale participants and early mainnet users who demonstrate staking or transaction activity
• How to Participate: Engage in mainnet activity and staking programs during the campaign period to improve leaderboard ranking and potential bonus rewards. The exact participation rules will be announced closer to launch.
4. Ongoing Airdrop Eligibility (2025 to 2026)
Source: MegaETH X (Twitter)
No separate standalone airdrop has been confirmed, but MegaETH continues to tie long-term rewards to user participation through its KPI-based staking model. Token distribution and trading will begin with the Token Generation Event (TGE) in January 2026.
• Allocation Share: Determined by KPI staking emissions after mainnet launch
• Eligibility: Fluffle NFT holders, testnet users, and public-sale participants
• How to Participate: Continue engaging within the ecosystem after launch through staking, validator operations, and governance activities to maximize future eligibility
MegaETH Future Roadmap: What’s Coming Next?
MegaETH is entering its final rollout phase leading into mainnet, with several key milestones planned through early 2026.
1. October 27 to 30, 2025 – Public Sale on Sonar by Echo
Raised $450 million from $1.39 billion in total bids, making it one of the largest Layer-2 sales to date. Final allocations were announced on November 5, 2025, through the official token sale portal.
2. December 2025 to January 2026 – Bonus Campaign and Mainnet Rewards
A pre-launch reward phase for active users. The top 5,000 participants can earn up to 2× their original allocation based on on-chain activity, staking, and participation metrics.
3. January 2026 – Token Generation Event (TGE) and Mainnet Launch
The official mainnet launch will activate $MEGA token trading and initiate KPI-based staking emissions, tying token releases to measurable network performance milestones.
4. Ongoing – Performance Upgrades
MegaETH continues to improve its real-time Layer-2 infrastructure, targeting 1 millisecond block times and expanding validator decentralization to achieve fully real-time blockchain performance.
Conclusion
MegaETH is quickly emerging as one of the most promising projects in Ethereum’s Layer-2 ecosystem, combining real-time performance, community-based distribution, and a KPI-driven token model that rewards meaningful participation. With the public sale completed and the mainnet and Token Generation Event (TGE) set for January 2026, the project is moving into a pivotal stage.
For users aligned with MegaETH’s long-term vision, staying active through The Fluffle NFTs, the bonus campaign, and future staking opportunities may offer strong positioning for upcoming $MEGA rewards. As always, keep an eye on official MegaETH channels for confirmed timelines, participation rules, and launch updates.
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