Author: blocmates

Compiled by: Tim, PANews

Dubbed the "Instant Blockchain," MegaETH is a super-scalable network for Ethereum, featuring a block time of 10 milliseconds and a transaction processing capacity of over 100,000 transactions per second, enabling instant transaction settlement.

MegaETH elevates scalability and throughput to levels comparable to Web2 platforms.

MegaMafia is an accelerator program initiated by MegaETH, aimed at nurturing and incubating innovative projects based on the MegaETH network.

MegaMafia 1.0 achieved great success, raising a total of $40 million across 15 projects incubated during its one-year project cycle.

The core focus of MegaMafia 1.0 was to optimize and upgrade existing popular crypto products leveraging MegaETH's infrastructure.

Notable projects include: Euphoria (one-click trading derivatives), Noise (social sentiment perpetual contract platform), and World Capital Markets (spot, perpetual contracts, and lending platform).

MegaMafia 2.0 has since launched, taking the accelerator program to new heights, with a focus on more creative "super-chain" products, which are innovative crypto consumer products targeting new customer segments using MegaETH's infrastructure.

Now, let's take a look at the recent developments of MegaMafia 2.0.

Overview of MegaMafia 2.0

MegaMafia is one of the three pillars of the MegaGDP system, primarily aimed at driving ecosystem growth.

Its operational model involves selecting top teams dedicated to developing high network growth potential applications and allowing them to participate in a one-year training program. This will involve high-frequency offline exchanges to provide teams with in-depth guidance from top talents in the field.

The application period for MegaMafia 2.0 will start on April 23, 2025, and remain open until March 15, 2026. During this period, three offline exchange events and two remote seminars will be held.

Participating projects will be announced in three batches through MegaMafia 2.0. As of the writing of this article, two batches of projects have already been revealed. Let's summarize the noteworthy projects.

1. Blitzo

Blitzo is a gamified payment application.

Currently, specific details about this product are unclear, but its core idea is to change people's (especially the younger generation's) attitude towards money by transforming everyday transactions into fun formats that can be made into memes.

For example, after dining at a restaurant, you can simply tap your phone to complete the payment. Now, this payment can be transformed into a moment or meme created with friends.

Due to the lack of specific details, this idea does sound a bit perplexing and "out there," but it may ultimately become an interesting consumer product.

2. Cilium

Cilium is a "real-time motion map for future movements."

Cilium is not designed for us ordinary people; it is cutting-edge technology specifically for drones, robots, bionic beings, and autonomous driving.

The core idea is that existing maps are static and isolated in information because they are designed for humans. However, as autonomous driving becomes the norm in the future, we will inevitably need a brand new solution.

Cilium is developing a motion map product aimed at providing core drives for these smart devices, constructing dynamic maps through real-time imaging data, allowing them to continuously evolve with environmental changes.

3. Dorado

Casino veterans take note, just like the legend of the Golden City, Dorado, this on-chain casino will help you explore your own golden city.

Dorado casino allows every participant to become a dealer through a liquidity mining model, earning a share of the profits from the bets placed by casino players.

At the same time, Dorado will offer a variety of classic games, incentive programs, jackpot pools, and other diverse gameplay options.

4. Hunch

Hunch is a cultural trading social application.

Hunch integrates the concept of prediction markets into the MegaETH instant blockchain and injects innovative elements.

Hunch emphasizes social fun, creating an addictive interactive interface by incorporating Pokémon-style game mechanics to continuously stimulate user engagement.

Currently, Hunch is still in the early development stage, and specific details have not been fully disclosed, but it is worth keeping an eye on its developments.

5. Legend.Trade

Legend.Trade views trading as a multiplayer video game. I mean, technically, the way we conduct crypto trading does resemble a video game.

However, Legend elevates this concept to a new level, launching a trader-versus-trader mode on its trading platform, allowing you to compete against opponents and win rewards through trading competitions. Here, skill is paramount, and scale is not key.

Additionally, the Legend platform will provide cutting-edge trading strategy content to help users maintain a competitive edge and support real-time tracking of top traders' operations, providing convenience for users eager to learn from experts and replicate trading strategies.

6. Ubitel

Ubitel is an ambitious yet necessary product operating in the open data field.

The operational principle of the Ubitel model is that each device is equipped with a TEE (Trusted Execution Environment), and Ubitel's goal is to activate it.

Users and hosts providing verifiable computing services on the platform can access the open data network from anywhere at any time.

The subscription service has interest-bearing properties and is expected to launch a points program. This is undoubtedly another project worth adding to your watchlist.

7. Benchmark

Claiming to be the "instant market credit layer," Benchmark is a product created by seasoned professionals from institutions like BlackRock and Goldman Sachs, aimed at bringing institutional-level risk management into the DeFi space.

Benchmark is building a unified liquidity engine for USDm through isolated lending pools and selected yields.

8. Brix

Brix focuses on emerging capital markets.

Currently, specific information about Brix is extremely limited, but according to existing data, Brix will launch a new type of tokenized interest-bearing stablecoin and assets, aiming to enable DeFi users to access emerging market yields through on-chain channels.

This is a potentially lucrative product.

9. Kumbaya

Kumbaya is another product in its early stages.

From its official X account, it appears to be a decentralized exchange centered on community building, providing users with a platform to create and trade cultural assets. This exchange features fast trading speeds, a clean and smooth interface, and ample liquidity.

10. Rocket

Rocket is pioneering the concept of a redistribution market.

Rocket offers users a different way to predict prices. You can go long on any cryptocurrency price stream.

Users can predict any price trend and profit from the ups and downs on the Rocket mobile app.

This sounds like an interesting new paradigm, but what form the redistribution market will actually take remains to be seen.

11. Stomp

Stomp is a PvP monster game set to launch on MegaETH.

Players can collect items, strategize, and participate in real-time competitions to win rewards.

With the infrastructure of MegaETH, Stomp is ensured to provide a top-notch gaming experience.

What does this mean for MegaETH?

If you carefully consider the implications, a very clear theme emerges.

The core task of MegaMafia 1.0 was to lay the foundation for the MegaETH ecosystem.

Its product core mainly revolves around so-called "crypto-native" products, covering a diverse range of areas such as DeFi, NFTs, trading, and yield-oriented products.

These products, due to their composability, often become foundational components of successful ecosystems, serving as liquidity pillars that support the construction of many other applications.

With the foundational framework in place, MegaMafia 2.0 will clearly focus on creative user-oriented products. These products transcend the overly financialized models common in the crypto space, shifting towards areas with greater cultural resonance, aiming to attract a broad user base that does not frequently engage with cryptocurrencies.

So the thinking is clear.

Leveraging MegaETH's highly scalable instant blockchain infrastructure allows developers to avoid technical complexities and provide users with a smoother experience akin to Web2. We will work closely with development teams to ensure that high-quality applications are spread throughout the MegaETH ecosystem.

The MegaETH team is strategically laying out its ecosystem, aiming to become one of the key forces driving mainstream crypto applications.

This is a carefully planned approach that emphasizes innovation and incentive synergy, and we believe this long-term strategy will bear fruit soon.

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