Apr 24, 06:46 PM

MegaETH Launches Testnet With $57M VC Backing, $37M Raise, Alien Rabbits NFT; Inco Raises $10M

MegaETH, a blockchain project backed by $57 million in venture capital, has launched its testnet, offering free participation and NFT minting opportunities. Participants can earn testnet tokens and engage in activities such as playing the Crossy Fluffle game, minting NFTs on Rarible, and deploying smart contracts to increase transaction counts, potentially qualifying for future airdrops. The project recently raised $37 million and is promoting its $MEGA token farming on the testnet. MegaETH's NFT initiatives include the Alien Rabbits collection, featuring 3,333 unique profile picture NFTs priced at 0.005 ETH each, with a limit of two per wallet. One user achieved 30,000 mints within 24 hours during their first drop on the MegaETH testnet. Additionally, Inco, a modular and interoperable Layer 1 blockchain network, announced a $5 million funding round led by a16zcrypto and CSX, bringing its total raised capital to $10 million. Inco is also conducting a free testnet with guides available for early participants.

#MegaETH #Crossy Fluffle #Rarible #Alien Rabbits #Inco #CSX

Written with ChatGPT (GPT-4).

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