ashesh | ∑:

Final Bunnz @badbunnz_ , @Megaeth maxi, Nacci Cartel @meganacci
Cleaning Dishes at @MegaMcBunny real-time kitchen.

[ashesh | ∑: @AbyssGang]

https://t.co/jstyvxgYgd

[ashesh | ∑: @AbyssGang]

Yep cause too many people don't understand it and haven't done any research. I swear I see $MEGA called a governance token, or posts about MegaETH just another L2 as if it was a copy/paste of Optimism.

The misinformed are telling on themselves, but they are many, so the wrong info spreads fast.

[ashesh | ∑: @AbyssGang]

Part of the massive FUD surrounding @MegaETH comes from the fact that they're actually in uncharted territory and there is no playbook for what they're trying to achieve.

They actually dared do something completely new, which means trying things that don't work and disappointment for participants with high expectations based on standard models.

They managed to make a hard decision for a better use of ressources and long-term outcome (see picture) but the timing couldn't have been worse with an already divided sentiment on execution.

Mega's reputation took a serious hit: $MEGA holders and Flux depositors (I'm one of them) are in absolute shambles, apps jumping ships for bigger cheques (dirty), community trust suffered from it all.

Most projects fail because they can't adapt and/or give up.

And MegaETH is literally doing the opposite.

Because of how things unfolded, it is quite hard to be short-term bullish on MegaETH as a whole, but my bet is : it is because of the things they are taking heat for now that the team stands out and why they are more likely to succeed than most.

If team learns from their mistakes, doubles down on shipping quality innovative apps and keeps taking/acting on feedback, I think Mega will make it.

What I would like to see personally:

> Transparency on $USDm (yield, buybacks) as I don't understand why the engine of Mega's innovative model is so opaque. Why hide the flywheel?

> Mega Mafia apps that stay on Mega if they received MegaETH $$

> Communication channels between team and community ( I believe should be addressed with new strategy mentioned by Bread)

In the meantime, I think it's good to keep a few things in mind:

> Excessive FUD blinds people to the valuation of $MEGA, with one of the best P/E out there, sitting at $50M market cap for $7M annualized revenue.

> The real-time tech enables performances you cannot find ANYWHERE else in crypto. Apps like @Euphoria_fi are only possible on MegaETH.

> The stats of the stress-test week in January proved MegaETH tech is far beyond any other product currently available.

> $MEGA trading is currently speculative, but unlike the majority of chain tokens, it is a key component of the chain's architecture, and enables revenue streams that are completely new. Expect a violent repricing when they go live.

[bread.mega @bread_]

It's just mismanaged expectations, which are downstream of a shifting ecosystem and value accrual landscape.

To date, what we've done is a healthy mix of tried and net-new mechanisms.

New:
- Our own accelerator for app building on a chain that didn't exist yet
- How we approached raising (from everyday users)
- Opinionated tech that is (still) well-beyond the performance landscape of the entire crypto ecosystem and offers novel mechanisms (native oracle)
- Day 0 native stablecoin for value capture

Old:
- Terminal / Points program
- Broad ecosystem support (even if lower than more-mature and well-capitalized ecos)

A lot of the items from the "New" category was because we saw the change in tides for infrastructure coming, and aimed to get in front of it. The stuff in the "Old" category were attempts to preserve what has worked in the past.

With Terminal shutdown, we're acknowledging that crypto as it was, and the playbooks that come with it, don't fit in 2026 unless you're as-well capitalized as those same infra projects from the 2021 vintage.

Even then; the outcome of spending all of that time and energy while competing with massively capitalized and mature competitors is a an ecosystem with very little value capture for itself.

So we adjust, reflect, and enter the next era of Mega.

That does not mean crypto users are bad, or CT is extractive, etc, etc - it's just an acceptance that the path where we deviated from net-new outcomes and Mega value capture left too much out of our direct hands and we didn't like where that ended up. The numbers didn't make sense for us or our users.

Going forward we intend to have a more-focused approach on where we direct our time and energy, which includes focusing that time and energy on ourselves and what we can bring to market.

Some people are going to disagree with that (app teams included). That is fine. If what we were doing was consensus I'd be worried.

All of the decisions being made is because we see where crypto is headed and are in the unique position as a young ecosystem to fully embrace and mold towards it. We do that because we want to win.

[ashesh | ∑: @AbyssGang]

Part of the massive FUD surrounding @MegaETH comes from the fact that they're actually in uncharted territory and there is no playbook for what they're trying to achieve.

They actually dared do something completely new, which means trying things that don't work and disappointment for participants with high expectations based on standard models.

They managed to make a hard decision for a better use of ressources and long-term outcome (see picture) but the timing couldn't have been worse with an already divided sentiment on execution.

Mega's reputation took a serious hit: $MEGA holders and Flux depositors (I'm one of them) are in absolute shambles, apps jumping ships for bigger cheques (dirty), community trust suffered from it all.

Most projects fail because they can't adapt and/or give up.

And MegaETH is literally doing the opposite.

Because of how things unfolded, it is quite hard to be short-term bullish on MegaETH as a whole, but my bet is : it is because of the things they are taking heat for now that the team stands out and why they are more likely to succeed than most.

If team learns from their mistakes, doubles down on shipping quality innovative apps and keeps taking/acting on feedback, I think Mega will make it.

What I would like to see personally:

> Transparency on $USDm (yield, buybacks) as I don't understand why the engine of Mega's innovative model is so opaque. Why hide the flywheel?

> Mega Mafia apps that stay on Mega if they received MegaETH $$

> Communication channels between team and community ( I believe should be addressed with new strategy mentioned by Bread)

In the meantime, I think it's good to keep a few things in mind:

> Excessive FUD blinds people to the valuation of $MEGA, with one of the best P/E out there, sitting at $50M market cap for $7M annualized revenue.

> The real-time tech enables performances you cannot find ANYWHERE else in crypto. Apps like @Euphoria_fi are only possible on MegaETH.

> The stats of the stress-test week in January proved MegaETH tech is far beyond any other product currently available.

> $MEGA trading is currently speculative, but unlike the majority of chain tokens, it is a key component of the chain's architecture, and enables revenue streams that are completely new. Expect a violent repricing when they go live.

[ashesh | ∑: @AbyssGang]

@mcgeth gMega

[ashesh | ∑: @AbyssGang]

@bread_ @0xNeptun @megaeth @monad My money is on Mega. Literally and figuratively.

[ashesh | ∑: @AbyssGang]

Couldn't agree more on the mercernary teams point, and actually wouldn't mind some fully Mega-baked apps, but one thing MegaETH team is good at is sporting innovation and potential where nobody has before them, and getting those teams with a vision to build out products. But they must find a way to ensure MegaMafia incubation actually means the product will be on MegaETH and not just a "I trust you bro, you will never leave the chain, right?" ( which seems to have been how it worked since the beginning...)

[ashesh | ∑: @AbyssGang]

Really not sure why they have come up with such an extensive and slick dashboard where you can track everything MEGA, but the very engine of the chain's economy and innovation has 0 transparency.

Whether for yield or buybacks, and I don't get how they don't see how that hurts the project...

Pretty obvious to everyone it's not fully organic yet, but it still showcases what the flywheel looks like and that's what matters imo

[ashesh | ∑: @AbyssGang]

Love to see @Tulpea_org making moves to expand their operations.

The first real-estate yield project on MegaETH now owns 100% of a 1600 sqm plot in Koh Samui.

Really glad I took part in their Genesis vault and was able to collect Bulb points during S1.

I happen to love Thailand, would be sick if Tulpea depositors could get perks at properties owned by the project 👀📷

Kop Kun Krab 🙏

[ashesh | ∑: @AbyssGang]

@not_your_bank Sounds exciting, can't wait to see how it goes

[ashesh | ∑: @AbyssGang]

@PowerPasheur Bunnz

[ashesh | ∑: @AbyssGang]

> ~220 $ETH volume in just over 24 hours

> Post-reveal pump

> 1/1s going for 0.5 $ETH +

> Insane hype and interest

> @AdamWeitsman owns 1.48% of total supply

> Stable accumulation at 3x mint price

> @Dario_Desiena quick to act on feedback

@R3ORDR is far from finished IMO and next leg up feels imminent.

[R3ORDR @R3ORDR]

SYSTEM_LOG://UPDATE COMPLETE

The protocol upgrade has been successfully completed.

All 69 one-of-one entities are now fully aligned inside the system and correctly classified within the metadata.

You can now search for them directly on OpenSea using the Edition → 1 OF 1 trait. 🔁

[ashesh | ∑: @AbyssGang]

Love to see @Tulpea_org making moves to expand their operations.

The first real-estate yield project on MegaETH now owns 100% of a 1600 sqm plot in Koh Samui.

Really glad I took part in their Genesis vault and was able to collect Bulb points during S1.

I happen to love Thailand, would be sick if Tulpea depositors could get perks at properties owned by the project 👀📷

Kop Kun Krab 🙏

[Not Your Banker - ₿ @not_your_bank]

We just acquired another 1,600 sqm plot in Samui. Again, it was a forced sale

The lawyer who handled the transaction told us he had never seen such a low acquisition price in this area.

This is something we’ve started exploring in parallel with our other verticals: how can we make forced sales significantly more liquid and efficient?

Illiquidity is one of the core characteristics of real estate (or a feature?) but tokenization could fundamentally change that.

There is definitely a strong pmf to:
•⁠ ⁠use your property as collateral instantly, regardless of its localisation
•⁠ ⁠buy a fraction of a heavily discounted asset in one minute alongside other investors
•⁠ ⁠provide liquidity to owners who urgently need cash without going through months of intermediaries

The market opportunity is really huge, but legal obstacles are too:
•⁠ ⁠How do we bring a real-world asset onchain without excessive costs?
•⁠ ⁠How enforceable is tokenized ownership in practice? In many cases today, holders only get economic exposure
•⁠ ⁠How do we ensure a tokenized asset cannot be resold offchain by the original owner?
•⁠ ⁠How do we connect legal registries, SPVs, and smart contracts in a robust way?

We’re still exploring the right structure, but the interesting part is that we’re learning through real operational experience while currently setting up the legal framework around the Samui developments

Anyway, our total land acquired in Samui is now 5,600 sqm.

@Tulpea_org owns:
•⁠ ⁠33% of the initial 4,000 sqm development
•⁠ ⁠100% of the new 1,600 sqm plot

No plans to aggressively expand our land exposure further for now. The focus will be execution during this month of June

We’re currently preparing the construction phase:
•⁠ ⁠likely 11 villas in total across both plots
•⁠ ⁠although we’re also exploring a very high-end positioning for the new land, potentially building one ultra-premium villa instead of 3 standard premium villas

Our next steps:
•⁠ ⁠Finalize architectural plans
•⁠ ⁠Finalize contractors
•⁠ ⁠Adapt our financing product to better fit off-plan developments
•⁠ ⁠Launch the funding rounds (funding for 3–4 villas is already escrowed)

We’ll keep sharing the process as we move forward

[ashesh | ∑: @AbyssGang]

It's been a rough ride since MegaETH TGE to say the least and convictions were put to the test.

Those are hard times the real-time chain is going through, but that's precisely when the real, die-hard founders reveal themselves.

Some have given up.
Many are silent.
@badbunnz_ keep shipping.

Perps are live on @PrismFi_ and the super-app is fully integrated with MOSS !!

A reminder that even without Terminal, you still earn Prism points for using the super-app, with a boost for Bunnz holders 👀🐇

Bad Bunnz is and always was THE Alpha.

[ashesh | ∑: @AbyssGang]

@hashcoin0 megaeth

[ashesh | ∑: @AbyssGang]

I posted a few times about @worldmarketsinc as I believe it is truly a breakthrough app in the making, truly innovative and where you can actually PRINT money.

But I realized too many people on here or even out of MegaETH either haven't really picked up on it or had a hard time understanding how it works.

Well the bro @0xbeiu just dropped a cool article which guides you step-by-step through the whole thing.

UI needs tons of work and the product is still in BETA, but the potential is massive and I'm confident it will be a leading app on MegaETH once completed!

Team's got TONS of stuff in the pipeline!

[Beiu @0xbeiu]

https://t.co/KctU4YPMMU

[ashesh | ∑: @AbyssGang]

@0xbeiu The WM cheat sheet Mega bros needed.

[ashesh | ∑: @AbyssGang]

@Dario_Desiena @R3ORDR gORD3R

[ashesh | ∑: @AbyssGang]

@yoxics Somehow giving me the same vibes as Sam Altman saying he makes no money with OpenAI and does it because he loves it

[ashesh | ∑: @AbyssGang]

@hantengri This is the kinda math we crave on the verge of total crypto apocalypse