
The MegaETH NFT mint is generating considerable discussion within the cryptocurrency community as participants prepare for its launch. The mint will offer 10,000 soulbound NFTs at a price of 1 ETH each. The project is being characterized as a unique fundraising mechanism, with some commentators suggesting that it resembles a seed investment rather than a traditional NFT mint. The total valuation for the MegaETH project is estimated at approximately $550 million, with a token distribution structure that includes a 50% token generation event (TGE) and a 50% linear vesting over six months. The criteria for the whitelist has also been a topic of inquiry among potential participants, as many seek to understand the requirements for participation in this NFT minting process.
Got whitelisted for @megaeth_labs 😇
So MegaETH NFT is essentially a seed round at $550m FDV with 50% TGE / 50% 6-month linear? Sounds pretty good, but I have been touched in bad places by seeds many times before
If you got whitelisted are you going to try and mint the @megaeth_labs nft?
