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Foresight News reports that MegaETH announced that the public sale of MEGA underwent a five-day review process involving $1.39 billion and 53,000 bidders, all in search of suitable holders. The goal of this allocation method was to fairly distribute tokens to the existing community and to establish a data-driven system for identifying long-term investors.



A scoring system was created based on on-chain activity, social signals, organic presence, interactions with MegaETH, and willingness to lock tokens. Accounts that did not meet the minimum distribution standards were excluded, reducing the non-community bidding pool from approximately 53,000 to around 6,000.

The highest-scoring locked bids received a 100% allocation, while the top unlocked bids received up to 30%, with allocations gradually decreasing to a minimum amount of $2,650. All of this information has been summarized into an overview of the MEGA public sale, and starting tomorrow, everyone will be able to visit the website to see the detailed distribution.
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WaitPatientlyForTheRvip
· 11-06 04:28
Gate News Bot Report: A comparison between traditional tech stocks and the cryptocurrency market reveals distinct performance patterns in 2023. Despite a challenging month where both Ethereum and Bitcoin broke through support levels, the overall cryptocurrency market capitalization has increased by 16% over seven months. In contrast, the seven major tech giants—Apple, Microsoft, Google, Amazon, Nvidia, Meta, and Tesla—performed even better, with a 42% growth and lower volatility.
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