MegaETH Just Had Its Public Sale. Can It Succeed in Building a Web2-Like Experience? - Ep. 942

Unchained

Laura Shin

News, Tech News, Business News

4.6 • 1.3K Ratings

🗓️ 7 November 2025

⏱️ 67 minutes

🔗️ Recording | iTunes | RSS

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Summary

Subscribe to Unchained Daily: https://unchainedcrypto.com/newsletters/ Check out our sponsor Mantle! Most new blockchains promise to scale. MegaETH promises to feel instant. Fresh off its public sale, for which allocations were revealed on Thursday, the team behind MegaETH joins Unchained to explain why they’re calling it the world’s first real-time blockchain. Co-founder Shuyao Kong and ecosystem lead Amir Almaimani walk through their decision to build as a layer 2 on Ethereum, not a competing layer 1, and why they think the real opportunity is creating onchain experiences that feel like Web2 apps. The pair also dive deep into the tokenomics behind $MEGA, from sequencer rotation to proximity markets, and defend their choice to skip an airdrop in favor of “skin-in-the-game” token distribution. Guests: Shuyao Kong, Co-founder of MegaETH Amir Almaimani, Head of Ecosystem at MegaETH Links: Unchained: Why Protocol-Native Stablecoins May Be Crypto’s Next Big Thing MegaETH Public Allocation Strategy by MegaETH’s CSO Namik Murodoglu Timestamps: 🚀 0:00 Introduction 🧱 1:47 Why MegaETH chose to build as an Ethereum layer 2, not a new layer 1 ⚡ 5:10 How it plans to stand out from Arbitrum, Base, and other successful L2s 🔓 9:53 Why Shuyao says many L2s are actually more decentralized than L1s 🧩 11:16 Whether MegaETH plans to decentralize its sequencer 💰 13:43 The utility of the $MEGA token—and how Tesla and Ethereum inspired it 📍 16:58 How “proximity markets” work ⛽ 18:09 How MegaETH designed its gas model and tokenomics 🎯 21:28 The philosophy behind the public sales 😬 25:13 Why Shuyao says the soulbound NFT sale didn’t go as planned 📊 27:29 How MegaETH decided allocations in its latest sale 🙅‍♂️ 30:39 Why the team rejected the airdrop model entirely 🤝 32:00 How early community members earned 25% of the sale allocation 🕵️‍♀️ 34:46 How MegaETH scored onchain users and detected Sybil clusters 💳 39:36 Why MegaETH has its own native stablecoin, USDm 👷 41:34 How the project hopes to attract the best builders 🔥 46:00 The kinds of apps that are “only possible” on MegaETH 🎯 50:35 What’s next for MegaETH Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Solana has about 400 milliseconds, Arbitrum has 265 milliseconds.
0:06.0	Omega on our test night right now is 10 milliseconds.
0:09.0	And that means you can actually unlock immense amount of capital efficiency.
0:13.0	You can run complicated strategy.
0:16.0	For consumer application, all the interaction feels real-time.
0:20.0	This is why we insist of calling Mega-e is the first real-time blockchain.
0:23.6	It feels smooth.
0:25.6	It feels interactive.
0:26.6	It feels like a Web2 technology.
0:28.6	We want to give Web2 builders a reason to explore an entire different stack.
0:34.6	Take what they're familiar with building on Web 2 rails, but also understand
0:37.6	what crypto introduces to those products.
0:42.6	Hi, everyone. Welcome to Unchained, your no-hype resource for all things crypto. I'm your host,
0:47.7	Laura Shin. Mantle is pioneering blockchain for banking of revolutionary new category
0:53.4	at the intersection of
0:54.7	Tradfai and Web 3. Follow Mantle underscore official to learn more. Brief detour. If you've
1:02.0	ever opened X and thought, wait, what happened overnight in crypto? You're not alone. Things
1:08.0	move fast and most updates are either too noisy or too late. That's why we created
1:13.1	Unchained Daily, our coffee break newsletter that breaks down exactly what mattered in the past 24 hours.
1:19.8	If this sounds like something you'd want in your inbox daily, find the link in the description.
1:24.4	I'm here with Shia Kong, co-founder of Meghaeath and Amir Al-Mamani, head of ecosystem at Bega-Eath.
1:31.9	Hey, Laura. Hey, Laura. Thanks for having us. So Shou Yao and Amir, congratulations on your
	...

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