Original title: (An Overview of the MegaETH Ecosystem as of December 2024)
Author: MegaETH
Compiled by: Felix, PANews
MegaETH is an EVM-compatible blockchain aimed at pushing the performance of Ethereum L2 to hardware limits, bridging the gap between blockchain and traditional cloud computing servers. MegaETH features several distinct characteristics, including high transaction throughput, ample computational power, and claims to achieve millisecond response times even under heavy loads.
MegaETH's financing 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 financing through the Echo platform. Both rounds of financing were valued at 'nine digits'.
To support developers and ecosystem builders, MegaETH has launched the 10x builder program MegaMafia, focusing on the following builders:
Building Dapp from Zero to One
Building Fully On-Chain Dapp
Long-Term Dapp Development
Currently, MegaMafia covers 13 projects, along with 15 projects built on or planning to integrate MegaETH that do not yet belong to MegaMafia. Below are details of the relevant projects:
MegaMafia Project
Biomes (@biomesAW): Biomes is a fully on-chain, Minecraft-like sandbox game. Here, you can explore, mine, craft, attack, and engage in a variety of user-generated experiences.
Cap (@CapLabs_): A stablecoin engine that will produce various denominations of convertible stablecoins, such as USD, BTC, and ETH, aimed at democratizing complex yield strategies through arbitrage, MEV, and RWA.
Euphoria: Options trading that provides users with engaging experiences. On-chain with Robinhood.
Funes World (@Funes_World): An online museum that collects, preserves, and manages 3D models of all human architecture. A Wikipedia for world heritage.
GTE (@GTE_XYZ): A real-time spot DEX that combines CLOB (order book model) for large assets and AMM for niche assets. It also offers a launch platform and leveraged trading.
Hop Network (@Hop_Network): Building the most decentralized, anonymous, secure, and fast VPN to break through internet censorship.
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, enabling users to interact with AI girlfriends, boyfriends, and anime characters.
Noise (@noise_xyz): A trading trend platform that transforms trends into tradable assets, determining market value through collective attention and mindshare.
Pump Party (@pumppartyapp): A live interactive game show designed to engage millions in cryptocurrency, where participants can chat, livestream, 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 with leveraged strategies and margin trading that combines the best features of Morpho and GearBox with micro-liquidation.
Valhalla (@valhallaperps): A fully on-chain composable perpetual DEX that pushes the limits of on-chain trading by implementing advanced yields, 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 real use cases: DeFi alerts, protocol coordination, DAO tools, anonymous messaging.
Kontos Protocol(@Kontosio): A zk-driven full-chain abstraction layer that adopts an intuitive abstraction of chains, accounts, assets, and operations.
MegaBot (@Mega_BotETH): A high-frequency trading and sniping bot with features such as Rug protection and MEV defense.
MegaDEX (@megadex_labs): V3 Concentrated Liquidity AMM.
MegaRabbits (@MegaRabbitNFT): A PFP NFT series featuring futuristic rabbits that blend nature and technology, exploring the digital universe.
Mekaeth (@mekaeth_xyz): An experimental NFT series based on AI 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 innovative spirit at the core of the MegaETH ecosystem.
PredictFi (@PredictFi): A prediction market where users can bet on politics, cryptocurrency, music, sports, and more.
Rabbit Mafia (@RabbitMafiaNFT): A PFP NFT series that delves into the neon-lit underworld of MegaMafia, where rogue rabbits dominate the streets with talent and force.
RainMakr (@RainMakr_xyz): An integrated launch platform with real returns, designed for AI agents, meme coins, and leading projects.
Ren (@renprotocol): An interoperability protocol that enables Bitcoin holders to participate in DeFi safely and trustlessly.
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, optimizing returns through efficient asset management and distribution.
Yield Dot Fun (@yieldsdotfun): A yield aggregator that hosts community treasury competitions, allowing users to mine across multiple chains. AI agents create multi-chain strategies to optimize returns, providing Degen traders with opportunities to maximize profits.
