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MegaETH
@megaethlabs
𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐢𝐧𝐠 𝐨𝐮𝐫 𝐅𝐥𝐚𝐠𝐬𝐡𝐢𝐩 𝐌𝐞𝐠𝐚𝐄𝐓𝐇 𝐍𝐅𝐓 𝐂𝐨𝐥𝐥𝐞𝐜𝐭𝐢𝐨𝐧: 𝐓𝐡𝐞 𝐅𝐥𝐮𝐟𝐟𝐥𝐞. 𝟏𝟎,𝟎𝟎𝟎 𝐍𝐅𝐓𝐬, 𝐬𝐨𝐮𝐥𝐛𝐨𝐮𝐧𝐝, 𝐫𝐞𝐩𝐫𝐞𝐬𝐞𝐧𝐭𝐢𝐧𝐠 𝐦𝐞𝐚𝐧𝐢𝐧𝐠𝐟𝐮𝐥 𝐨𝐰𝐧𝐞𝐫𝐬𝐡𝐢𝐩 𝐢𝐧 𝐭𝐡𝐞 𝐌𝐞𝐠𝐚𝐄𝐓𝐇 𝐧𝐞𝐭𝐰𝐨𝐫𝐤.
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MegaETH pfp
MegaETH
@megaethlabs
We’ve spent considerable time thinking about how to give our community meaningful skin in the game. A simple points program tied to an airdrop often creates perverse incentives—especially when deployed by a blockchain—driving inauthentic behavior and “farming,” which raises questions about real value creation and leaves everyone dissatisfied.
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MegaETH pfp
MegaETH
@megaethlabs
It’s unfortunate because we see our industry as the ultimate equalizer—where anyone can stand on business and act on their convictions. However, from 2022 to 2024, many projects strayed from these values, using low-float, high-FDV designs that kept non-insiders from participating fairly.
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MegaETH pfp
MegaETH
@megaethlabs
We’ve chosen a different strategy. Rather than relying on forced activities or task farming, we’re emphasizing conviction and commitment—to both MegaETH and the broader industry. We’ve established multiple avenues to distribute and decentralize the MegaETH network. One example is our record-breaking Echo sale, which brought in over 3,200 new investors at the same valuation as Vitalik Buterin, Joseph Lubin, Cobie, and others. We intentionally avoided enabling price discovery in private markets (i.e., raising additional rounds from VCs at higher valuations) because we believe that can create incentive misalignment with end users.
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MegaETH pfp
MegaETH
@megaethlabs
We’re further reflecting these core values with our flagship 10,000 NFT collection. Each NFT will cost 1 ETH and will cumulatively represent at least 5% of the MegaETH network. This allocation is dynamic—designed to increase as the NFT collection evolves. We chose to launch a soulbound NFT collection because it avoids invasive KYC requirements, remains anti-sybil, and uses stringent AML procedures.
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