MegaETH turns to public sales and community-led funding as it distances itself from venture capital influence.
MegaETH, a blockchain layer-2 project focused on real-time DeFi infrastructure, today repurchased 4.75% equity and token warrants from its pre-seed investors.
The buyback reflects MegaETH’s strategic pivot toward community-driven funding models rather than traditional venture capital structures. The project has shifted toward public sales and community distributions to prioritize fair access for retail participants.
MegaETH is preparing for a token presale in auction format, emphasizing governance rights and staking features tied to its real-time chain capabilities. The platform targets millisecond-level latency for DeFi applications.
The move aligns with broader trends among blockchain projects reviving ICO-style models that focus on direct community involvement over traditional investor structures.
