Finally, a project party does not treat TGE just as a "finish line" hastily completed.

Written by: haotian

1) Its TGE "story" is very special, there is no designated date, but it is triggered when the network ecosystem achieves certain KPIs. In the current situation where altcoins are merely for the sake of issuing tokens, doesn't this seem particularly "refreshing"?

Haha, of course, it can also be viewed as a "decent" way of saying that it has been looking for the right timing for TGE without success. But anyway, finally, a project party does not treat TGE just as a "finish line" hastily completed;

2) In the current market where the Ethereum layer 2 general chains have lost imagination, it is hard for us to give MegaETH a reasonable positioning. If we say it is purely layer 2, the project party will definitely be unhappy. If we say it is high-performance layer 1 and its relationship with the Ethereum main chain, as well as how to establish an ecological symbiotic relationship, it becomes awkward. In fact, it wants to be Ethereum's Solana or Hyperliquid, but according to @VitalikButerin, Ethereum mainnet is focused on security, as for how to play with the scaling layers, the mainnet has the intention but really can't do much.

So I tend to think it is just a brand-new attempt within the Ethereum ecosystem, a real-time public chain based on mainnet security to maximize the performance of the execution layer and possibly expand more rich high-frequency application scenarios like games and social interactions beyond DeFi. Therefore, whether its emergence is important completely depends on how you position it; a calm attitude and maintaining a bit of expectation is enough;

3) Here comes the question, why is real-time level processing capability so important? The answer is actually quite simple. In the past, the blockchain ecosystem hardly had any decent breakout applications apart from DeFi. Games, social interactions, high-frequency trading and other valuable avant-garde scenarios have been called out time and again, but the result? Most users feel that it's just okay after practical experiences; it's just drawn another narrative pie.

This indicates that no public chain has truly achieved real-time level execution processing capability. One can imagine how hungry the market is for a technical public chain with real-time processing capability. As for whether it is MegaETH, who knows, but the market really needs it; as this result is on the horizon, it has sounded the loudest charge call, so let's see;

4) I started researching applications on the MegaETH ecosystem a few months ago, just anticipating what an innovative application should actually look like. I can briefly share my impressions.

Euphoria attempts to gamify options trading into a mobile grid game, predicting price fluctuations within ultra-fast time frames with clicks; Biomes is a fully on-chain Minecraft-like sandbox, MMORPG-level, with real-time multi-player interactions, mining, crafting, PVP; Mech PVP arenas, betting real money in battles + RNG/RPG elements, also discussing AI agents in the games; watching sports events while trading fantasy cards in real-time with one click (instant repricing during goals, injuries, VAR moments), trying to merge sports live broadcasting with DeFi.

In short, there are some distinct differences; at least in the current context where major chains are copying each other, these are new interactive paradigms that can only be unlocked through real-time performance. I believe it can attract some innovative and eccentric developers and incubate some fresh and interesting applications. The innovation capability, once a pride in Crypto, has surprisingly become scarce; we must encourage all opportunities for innovation!

The above.

As for the reasonable FDV valuation, I won't elaborate here on the profits and losses of investing in NFTs and public fundraising. Haha, a friend said my NFT can make at least 1x profit; I hope it is just a fat rabbit, then we'll see tomorrow.