Article source: Felix
Author: MegaETH
Translation: Felix, PANews
MegaETH is an EVM-compatible blockchain aimed at pushing the performance of Ethereum L2 to its hardware limits, narrowing the gap between blockchain and traditional cloud computing servers. MegaETH boasts several notable features, including high transaction throughput, ample computing power, and claims to achieve millisecond response times even under heavy load.
MegaETH's funding lineup is impressive. In June, MegaETH developer MegaLabs announced the completion of a $20 million seed round led by Dragonfly, with participation from Figment Capital, Robot Ventures, Big Brain Holdings, and angel investors including Vitalik Buterin, ConsenSys founder Joseph Lubin, EigenLayer founder Sreeram Kannan, and ETHGlobal co-founder Kartik Talwar. Additionally, in December, MegaLabs completed a $10 million funding round via the Echo platform. Both funding rounds were valued at 'nine figures'.
To provide support for developers and ecosystem builders, MegaETH has also launched the 10x builder program MegaMafia, focusing on the following builders:
Building Dapp from scratch
Building fully on-chain Dapp
Building Dapp for the long term
Currently, MegaMafia covers 13 projects, along with 15 projects built on or planning to integrate MegaETH but not yet part of MegaMafia. Here are the details of related projects:
MegaMafia Project
Biomes (@biomesAW): Biomes is a fully on-chain, Minecraft-like sandbox game where you can explore, mine, craft, attack, and engage in various user-generated experiences.
Cap (@CapLabs_): A stablecoin engine that produces redeemable stablecoins of various denominations, such as USD, BTC, and ETH, aimed at democratizing complex yield strategies through arbitrage, MEV, and RWA.
Euphoria: Options trading that provides users with interesting experiences. Robinhood on-chain.
Funes World (@Funes_World): An online museum that collects, preserves, and manages 3D models of all human architecture. The Wikipedia of world monuments.
GTE (@GTE_XYZ): A real-time spot DEX that combines CLOB (order book model) for bulk assets and AMM for niche assets. It also provides a launch platform and leveraged trading.
Hop Network (@Hop_Network): Building the most decentralized, anonymous, secure, and fast VPN to break through internet censorship barriers.
Lemonade (@lemonade_events): The ultimate on-chain toolkit for creating events, managing communities, and seamlessly transitioning from Web2 to MegaETH for community-owned collaboration.
Nectar AI (@TryNectarAI): A decentralized platform focused on creating virtual companions, allowing users to interact with AI girlfriends, boyfriends, and anime characters.
Related Reading: Customized 'cyber role-playing', AI companion platform Nectar AI completes $3.9 million funding.
Noise (@noise_xyz): A trading trend platform that turns trends into tradable assets, where the market's value is determined by collective attention and mind share.
Pump Party (@pumppartyapp): A live interactive game show designed to engage millions in cryptocurrency, where participants can chat, stream live, and win prizes simultaneously.
ShowdownTCG (@Showdown_TCG): An on-chain collectible card game that combines the strategy of classic trading card games with the intensity of one-on-one poker.
Teko Finance (@tekofinance): A real-time currency market featuring leverage strategies and margin trading, combining the best features of Morpho and GearBox with micro-liquidation.
Valhalla (@valhallaperps): A fully on-chain composable perpetual DEX that pushes the boundaries of on-chain trading through advanced yield, new financial primitives, and a truly fair market environment.
Other Projects
Battlefold (@Battlefold_hq): A strategy guessing game.
comLayer (@comlayerdapp): A decentralized communication layer for Web3 applications. Transforming Web3 interactions through practical use cases: DeFi alerts, protocol coordination, DAO tools, anonymous messaging.
Kontos Protocol(@Kontosio): A zk-powered full-chain abstraction layer that provides intuitive abstractions for chains, accounts, assets, and operations.
Related Reading: Navigating the multi-chain maze, how Kontos Protocol, backed by Binance, is reshaping the chain abstraction landscape?
MegaBot (@Mega_BotETH): A high-frequency trading and sniping bot with features like rug protection and MEV defense.
MegaDEX (@megadex_labs): V3 concentrated liquidity AMM.
MegaRabbits (@MegaRabbitNFT): A PFP NFT series showcasing futuristic rabbits that blend nature and technology while exploring the digital universe.
Mekaeth (@mekaeth_xyz): An AI-based experimental NFT series that redefines the possibilities of NFTs with innovative features and approaches, bringing new excitement to NFTs.
MetaHop (@Meta_Hop): A PFP NFT series with bold, unique designs. It captures the spirit of innovation at the core of the MegaETH ecosystem.
PredictFi (@PredictFi): A prediction market where users can bet on politics, cryptocurrencies, music, sports, and more.
Rabbit Mafia (@RabbitMafiaNFT): A PFP NFT series that dives deep into the neon-lit underground world of MegaMafia, where rogue rabbits dominate the streets with talent and brute force.
RainMakr (@RainMakr_xyz): An integrated launch platform with real yields, designed for AI agents, meme coins, and leading projects.
Ren (@renprotocol): An interoperability protocol that allows Bitcoin holders to securely and trustlessly participate in DeFi.
StakeStone (@Stake_Stone): A full-chain liquidity asset protocol that builds an adaptive staking network for liquid ETH/BTC.
StackUp (@usestackup): A yield aggregator for MegaETH DeFi that optimizes returns through efficient asset management and allocation.
Yield Dot Fun (@yieldsdotfun): A yield aggregator that hosts community treasury competitions, enabling users to mine across multiple chains. AI agents create multi-chain strategies to optimize yields, providing Degen traders the opportunity to maximize returns.
Related Reading: From obscurity to overnight sensation, what is MegaETH favored by Vitalik?