Due to current market conditions, Backed is temporarily on pause.
Over the past months, we've been approached multiple times by other ecosystems and chains interested in having us migrate our product. However, we don't believe that would be the right move.
We need the infrastructure that @MegaETH provides, and we continue to believe in the technical scalability and long-term vision of their product.
For now, our focus will shift toward research and development, particularly within the Web2 ecosystem. The truth is that we no longer feel the same positive energy in crypto that originally inspired us. We want to return to first principles and concentrate on what truly matters: AI, agents, and deep research.
We'd like to thank @DuonLabs (and @bread_ for support) for successfully launching and operating their first agentic raise, ARC, flawlessly. We're confident that in the coming months we'll be able to launch Phase 2 and continue pushing forward meaningful research.
This is not the end. Just a refocus. More soon.
One of the most undervalued apps on MegaETH. @Xatarrer is phenomenal and deserves far more recognition than some of the protocols in the ecosystem. We hope that soon someone will create an agent that trades on @leveragesir and launch their own raise on Backed !
ARC Genesis: closed.
Phase 1 funded above target, in hours.
Thanks to @BackedApp and @megaeth for the infrastructure.
Follow updates on https://t.co/o5uMHM1nPW (research) and https://t.co/Fas5JEW3zF (Backed-related)
https://t.co/mNN1G301ZR
ARC Genesis raise completed. You can now reedem $ARCG (Share Token)
$13,726.97 committed.
64 unique contributors.
The soft cap was successfully exceeded, marking the completion of the ARC Genesis agentic raise on @megaeth. Congrats @DuonLabsHQ !
Link with details below
I'm so excited to announce MegaAGNT Beta is live for testing.
If you don't know what MegaAGNT is -
It's the go-to AI companion for everything @megaeth.
> Deep data knowledge of the terminal, campaigns, and tech.
> On-chain skills to swap and buy.
> Launch your own tokens and AI agent market maker.
> Collect fees on launches.
> Event page to keep you up to date on all things megaETH.
> No more looking for alpha — your agent knows all things MegaETH.
We have limited Beta invite codes to give out.
If you want in let me know!
1 hour left to particpate in @backedapp arc genesis auction on @megaeth
- arc = autonomous research capital
- allocates across btc eth usdm using voyons
- voyons = the probability engine behind arc
- gives the agent thousands of possible market futures
- arc uses that to decide how to allocate capital based on that probability
- $10k soft cap hit 2 hours ago (i participated)
https://t.co/Z3CBW99jPj
not financial advice
Soft cap reached
ARC Genesis has officially crossed the minimum raise threshold, with commitments continuing to flow in as the window approaches its final hours. There are still 4 hours left to participate and secure allocation before the raise closes.
That’s why @bread_ and the team are building an agentic layer on @megaeth - ultra-fast transactions, low gas fees and an optimal x402 environment for agentic protocols to scale. Feel free to check out our first agentic raise (already 50%+ filled!) at the link below.
More details have been added regarding the raise process and how ARC operates. If anyone has further questions, we invite you to join our Telegram group: https://t.co/zvNcsyttyL
Raise Link: https://t.co/VWnUOQ0Q4L