MΞDOCONS I ∑:

investor, node runner, UAT/UX tester, content creator

[MΞDOCONS I ∑: @MedoCons]

Are you wondering why @hellotradeapp is moving to @monad?

Well, it’s not about the technology—it’s about the money.

What will https://t.co/M7qQvyBIcY do once it spends another $2 million? Will it switch to Base?

Sad

[Shuyao Kong @hotpot_dao]

With every cycle, the wide gap between statements of promise vs industry reality gets exposed. this is not unique to our industry, but it manifests in unique ways:

• Promise of this cycle: we have made progress with scaling, we are ready for consumer apps
• Reality: memecoins bring in a new wave of scams, the president uses retail for exit liquidity, the poor get exploited through utopian "do this for money" schemes

This gap is realised by users first, and then the people who shape narratives. even at this extremely promising stage, we are seeing similar narrative gaps with AI in terms of productivity

I think these gaps are symptoms of evolution in technology rather than failure of established technology.

As a trader you should appreciate asymmetric bets when something is evolving. a simple way to tell the difference is just see what people are doing today with crypto vs 4 years ago

Last cycle stablecoins were going through all these periods of doubt with tether being declared a scam every week even in 2021

This cycle, it turns out that trading like pros onchain is not only possible but it's more accessible, has better uptime and is cheaper

So when you think about your investments, you dont need to think about Tradfi vs Cryptoassets anymore

You need to think about the choice between trading AI, Biotech, Space, Robotics and Crypto

If you have real edge in one, double down on it. if you don't, try to understand winning companies and play sectoral trends

Just because a sector is not a clear outlier for the last 2-3 years in terms of ROI, doesnt mean that sector will go to 0

Back to work

[Shuyao Kong @hotpot_dao]

the chain is still fast, real time, and has real users' activity

it's a pretty sick piece of technology

[MegaETH @megaeth]

Reminder: Wallet Submission Deadline

Please submit your wallets before the Terminal wallet designation period ends on June 10th at 11:00 AM EST.

To update your information, visit https://t.co/zSHy3GZF4C.

After the deadline, wallet submissions will close and all profile changes will be locked.

If you do not delegate a wallet, all rewards will be forfeited.

Rewards will be distributed automatically to eligible Terminal participants' delegated wallet addresses the following week.

[meganacci | ∑: @meganacci]

Thankyou @hollows_nft @MintedNFTs @0itsali0
for giving Nacci - GTD + FCFS Whitelist Spot.

Ali is a highly respected figure in Web3 and the Founder of Minted NFT, an Alpha Community that has built a variety of valuable tools for the NFT ecosystem.

Goodluck! 🐰

[MΞDOCONS I ∑: @MedoCons]

@serpinxbt https://t.co/MDOnWiPI9X

[nept 🌊 @0xNeptun]

lmao this is hilarious😭

the founder (@tiagobnova) previously launched @valhalla_defi on MegaETH, raised $1.5m from VCs, then abandoned the project

now he’s back building @novadotmarkets, seemingly using capital from that previous raise to fund the new venture

somehow MegaETH managed to catch another stray here

[MΞDOCONS I ∑: @MedoCons]

@tiagobnova @l1ghtst0ne So you spent all of the investors money and then you raised more funds from the same investors?

[Tom Schmidt ＞|＜ @tomhschmidt]

huge scammers btw. shame on everyone who did this round for not even doing a bare minimum of dd

[Euphoria @Euphoria_fi]

Tonight, NYC gets pink pilled!

[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.

[Euphoria @Euphoria_fi]

Tap in to hear from one of our Co-Founders and Head of Marketing @caseycraig!

Looking forward to seeing you there 🔥

[tactical_retreat @twitt_tr]

This post is very confusing to me, because I've had almost the exact opposite experience for both the good and bad things mentioned here.

I never know what people mean when they say "from the viewpoint of a builder" but my viewpoint is of a 20 year web2 SWE / 4 year web3 SWE who has deployed apps on a wide variety of chains, some very profitable, many just shitposts.

Personally I felt like @bread_ and the team I spoke with were very responsive, to feedback that was general, app specific, and even a few technical bits.

At one point I decided to do due diligence on the ecosystem and I worked through every launched app, and this note:

> incubated projects were held to extremely high expectations, many struggled to meet them, and that reflected poorly on the ecosystem

Is very funny to me. I took several pages of notes in a doc as I went along and shared it with the team later.

Part of the feedback I provided was that the majority of the apps were just terrible UX, very bad designs technically, hard to use, ugly, buggy, some with literal security issues, not open source, list goes on.

Really the only good apps I tested were ones that were already multi chain. Even some of those were trash.

I explicitly called out that they needed to work more with people to get their shit to an acceptable quality level. Because it just looked bad as a whole for the chain.

So hearing someone say that projects were held to "extremely high expectations", is, wow.

Holy shit man.

I knew standards were low in this industry, but what the fuck?

As for why the token is down only, I remember watching this anime ending a long time ago and the lyrics really stuck with me. Applicable to a lot of things.

https://t.co/P2AWhm0BMK

[cap @CapApp]

Aave Labs posted an ARFC to onboard stcUSD to @aave V3 on @megaeth.

Link below.

[Hit @hitdotone]

SZN 2.

Coming soon.

It's going to be one Hit of a summer.

[MΞDOCONS I ∑: @MedoCons]

@0xNeptun @megaeth @monad Could you also write a post about how the teams that left MegaETH are doing?

[MΞDOCONS I ∑: @MedoCons]

@0xNeptun @megaeth @monad Of course, communication can always be better. Builder support could also be better, but imagine you have a startup tech company IRL and haven’t created anything yet, but you’re expecting millions of $ from a donor and almost 24/7 support. That’s not how the real world works.

[Monster @mnstr]

We just hit $10m errrr wait we were too slow making the graphic…

We just hit $11m in all time volume!

We appreciate everyone who has given us a try and we’re not even close to our final form.

[Ring Protocol 💍 @ProtocolRing]

RingProtocol is now live on @MegaETH 🤝

Users can now swap on MegaETH through RingProtocol — bringing smoother routing, better execution, and more efficient onchain trading to the ecosystem. Fast execution meets deeper liquidity.

Start swapping 👇
https://t.co/hXTKdu8JvI

Excited to build alongside the MegaETH ecosystem 🔥

#megaeth #eth #crypto #defi

[Shuyao Kong @hotpot_dao]

with no incentive
pure pmf on mega

[Euphoria @Euphoria_fi]

POV: The intern said he “lives and breathes Tap Trading.” We didn’t realize he meant literally. 💀