Vitalik Buterin and Dragonfly Back MegaLabs in $20M Funding Round
The Dawn of a New Era in Blockchain Technology: MegaETH Imagine a world where transactions are not only secure but also lightning-fast, capable of keeping pace with the escalating demands of users worldwide This isn't just a pipe dream anymore, thanks to the pioneering efforts of a leading Web3 developer Recently, they've made headlines by completing a significant seed funding round, powering their vision to revolutionize the blockchain space with an Ethereum scaling protocol, named MegaETH, that promises unmatched performance and scalability A New Frontier for Blockchain Efficiency With an impressive $20 million in seed funding led by the influential Dragonfly, along with contributions from a consortium of venture capitals such as Figment Capital, Folius Ventures, and others, this initiative is poised for a groundbreaking leap The engagement of angel investors like Ethereum co-founder Vitalik Buterin underscores the transformative potential of MegaETH in enhancing blockchain capabilities...
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