MegaETH Buzz Builds

The DeFi Report - Industry-leading crypto research trusted by finance pros. Sponsored Friend & Sponsor Learn more

Sponsor: Uphold — Buy, swap & hold 300+ crypto. Capital at risk.

MegaETH's soulbound NFT community fundraise for Fluffles has quickly become the hottest ticket in Crypto Twitter since yesterday's kickoff, but the much-hyped Vitalik-backed L2 already had plenty of buzz building in recent months after banking both a $20 million venture raise and an oversubscribed $10 million round on the Echo community fundraising platform.

While its community-centric funding approach comes as a positive spin on the classic venture-backed model, MegaETH’s main selling point is delivering millisecond-level block confirmations without compromising security, achieving what it dubs as a “real-time” blockchain — an onchain experience that feels just like using a traditional web2 server.