
MegaETH – an L2 blockchain designed to enhance Ethereum’s scalability and performance by processing transactions in real time.
There was one funding round, two sales on Echo, and an NFT sale. A total of ~$107.45 million was raised:
- The project raised $20 million in June 2024 during the seed round, with participation from Dragonfly Capital, angels Cobie, Vitalik Buterin, and others.
- $10 million in a sale on the Echo platform by Cobie in December 2024.
- ~$27.5 million in an NFT sale of The Fluffe collection at an FDV of $550–600 million in February 2025. The NFTs are non-transferable.
- $49.5 million in a second sale on Echo in October 2025.
Project and Sale Notes: https://dropscapital.com/material/21662

$1.8 billion in the presale on Hyperliquid (1.8x the price of the sale-auction)
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