Announcing The Conviction Round Methodology
We've spent the last 5 days sorting through $1.39B dollars and 53,000 bidders to find the right owners for $MEGA's Public Sale.
Namik's article deeply details our approach and the shape of allocations. Scroll for highlights. (thread)
Announcing: The Conviction Round
Over 5,000 natives selected for their verifiable onchain, social and Mega credentials. Today, with Fluffles and Echo, you are officially the largest stakeholders of MegaETH.
Your $MEGA allocation is now live on our site.
Details below [thread]
Sybil detection is ongoing and those found during this period will be removed from the pool.
If you have questions on how allocations were determined, a breakdown of the methodology can be found in this article:
https://t.co/6RmiK3qbKw
Add'l Notes:
→ Sybil detection is ongoing. If additional clusters are found within our allocation set they will be removed and their allocation redistributed to the set.
→ In instances where high scorers had low bids, their fill % was increased to match their scoring peers
The $MEGA Public Sale is Closed.
Total Bidders: Over 50k
Total Committed: $1.39b
Oversubscription: 27.8x
Thanks to everyone who participated. Now we allocate.
For details on allocation determination during this oversubscription period, please refer to the bottom of this article from @NamikMuduroglu:
https://t.co/zRv7Jb7xXo
MegaETH represents the final leap in scaling technology, leveraging Ethereum to build infinitely scalable, real-time infrastructure.
Applications will become instant and seamless—free of centralized authorities and Moloch.
And you will be the owners.
DePIN TGE Day: @375ai_
- Decentralized edge data intelligence network, powered by various types of real world sensors
- Cofounders @harrydewhirst@robatherton_4 previously ran Linksys (CEO & CBO), and @tb375ai previously founded @qwil
- 250k+ users on 375Go mobile app, 20B datapoints collected
- 1.5M+ cars tracked per day across LA, NYC, Miami via high-power 375Edge nodes
- Raised $10M pre-seed + seed funding from EV3, Delphi, Strobe, Hack, 6MV, Arca
$EAT launches in 14 hours
DePIN is an inevitable global movement.
375ai Cofounder reveals AI's biggest blind spot
"LLMs don't have eyes and ears in the real world. They have a huge sensory blind spot to the physical world, and I believe that's a fourth dimension to which they will unlock, particularly in robotics, automation, and autonomous vehicles."
CLAIM IS LIVE. $SNORT is active.
Trading Bots are the future of crypto.
Here is everything you need to know about the claim:
Eth CA: 0x21F5B2BAcb67C94Aa0982cE7428f7d1B3c9cEB53
Sol CA: 5eEJpwFtBJTn7n9f6ryWmHjkPUQQghHt4YjvtMSjEEwj
https://t.co/c8iKGAXZEb
5 / Staking
There is a 7 day lock from the time of staking
Claim date starts: 2pm UTC November 3rd
If you try to unstake before the claim date, transactions will fail but a gas fee may still occur
If you didn’t stake, you will be able to claim your tokens now