MegaETH repurchases 4.75% fairness from pre-seed buyers forward of token sale

Key Takeaways

MegaETH has repurchased 4.75% of its fairness and token warrants from pre-seed buyers.
The transfer marks a strategic shift towards community-driven funding, away from conventional enterprise capital fashions.

MegaETH, a blockchain layer-2 mission targeted on real-time DeFi infrastructure, as we speak repurchased 4.75% fairness and token warrants from its pre-seed buyers.

The buyback displays MegaETH’s strategic pivot towards community-driven funding fashions moderately than conventional enterprise capital buildings. The mission has shifted towards public gross sales and neighborhood distributions to prioritize truthful entry for retail contributors.

MegaETH is getting ready for a token presale in public sale format, emphasizing governance rights and staking options tied to its real-time chain capabilities. The platform targets millisecond-level latency for DeFi functions.

The transfer aligns with broader traits amongst blockchain initiatives reviving ICO-style fashions that concentrate on direct neighborhood involvement over conventional investor buildings.