MegaETH Token Launch with Co-Founders Shuyao and Lei
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 30 April 2026
⏱️ 56 minutes
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| 0:00.0 | Bankless Station, we are here with Shuiyau and Lay two of the three co-founders of Mega-Eath on the day of their token launch. |
| 0:09.7 | Big day. Are you guys, you guys nervous? |
| 0:12.0 | Yeah, so we shouldn't suppose to say, we shouldn't say nervous because when the podcast is out, it's no longer nervous. |
| 0:19.4 | But yeah, for now, yes, it is. |
| 0:21.2 | Yeah, we're recording this a day and a half ahead of actual token release date, so we |
| 0:25.5 | actually don't know what the conversation is at the time. |
| 0:29.2 | But the quick timeline here is you guys have done a series of just like kind of private |
| 0:34.1 | token sales. |
| 0:35.4 | You guys did an echo sale. |
| 0:36.5 | You guys did an NFT sale. |
| 0:38.5 | And so there are some like token holders out there that are awaiting the TGE. |
| 0:43.4 | And then they're really the thing that the Mega ETH project did was it did these KPI locks. |
| 0:50.7 | Can you just talk about the philosophy about the KPI metrics that you guys put yourself |
| 0:55.8 | behind before we could ultimately get to this date? Why do that in the first place? And then |
| 1:01.1 | seemingly since there is a TGE date, we've hit them. How did we hit them? What's just the health |
| 1:06.8 | of all the KPIs and talk to us about just the road so far? I'll throw this one to you to start. You know, I was going to say that I'm so excited that we're finally TG. I think unlike most projects, right, you launch the main night, you TG, kind of just get it over with and your baby is out in the public. I think for us, it's like the baby is there, but no one is able to see it. |
| 1:29.0 | And then we're finally able to reveal the baby via this token, which I believe token is not a |
| 1:35.3 | product. Token is part of the infrastructure. I think the TG itself kind of marks the completeness of |
| 1:41.2 | mega as a protocol. But to answer your question directly, why did we set up |
| 1:46.2 | these KPIs, right? And the more often I say the word KPI, the more weird feeling I have, |
| 1:55.1 | because they're like to sound so strict, but they're really celebratory milestones instead of |
| 1:59.4 | KPIs. The idea was rather simple. |
... |
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