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MegaETH's Public Sale Roadmap Announced

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by Arif Mukhtar

4 months ago


MegaETH has unveiled a comprehensive post-sale roadmap following the successful MEGA token sale, outlining the next steps for participants and investors. The timeline includes crucial dates for refunds, fund withdrawals, and token distributions, ensuring transparency and clarity for all involved. The publication provides the following information: details on the roadmap and what investors can expect moving forward.

Roadmap Phase Timeline

The next phase of the roadmap is set to take place from October 30 to November 5, during which allocations will be calculated. Non-winning participants will receive refunds during this period, providing a clear exit for those who did not secure tokens.

Withdrawal Period for Bidders

From November 5 to 19, bidders will have the opportunity to withdraw their funds before final allocations are confirmed between November 19 and 21. This structured approach aims to facilitate a smooth transition for all participants.

Token Distribution and Security Measures

Once the allocation process is complete, MEGA tokens will be automatically distributed to winning wallets on the Ethereum mainnet. Notably, tokens that are locked will be released one year later, adding a layer of security for long-term investors. Additionally, participants from both the Echo and public sale rounds will be rewarded with bonus tokens upon the network's launch, reflecting their engagement within the ecosystem.

In a notable development, Fetch.ai CEO Humayun Sheikh has announced a $250,000 bounty to identify the signers of the OceanDAO multisig wallet, highlighting tensions with Ocean Protocol. For more details, see the full story here.

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