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MegaETH, a High performance Ethereum Layer 2, Raises 5,000 ETH from Fluffle NFT Mint, Valued at $13M, from FCFS Community

Writer's picture: Jean DJean D

February 13, 2025

MegaETH

MegaETH, an Ethereum Layer 2 blockchain, has completed the first phase of its Fluffle NFT mint, securing $13.29 million in contributions. The sale, which ended on February 12, distributed 5,000 non-transferable NFTs at 1 ETH ($2,700) each. A second installment, planned for later in the year, will allocate another 5,000 NFTs to teams supporting the platform’s ecosystem.


The Fluffle collection consists of 10,000 NFTs representing at least 5% of MegaETH’s token supply. These NFTs are categorized into 16 groups, each tied to a distinct narrative, including roles such as the outlaw, scientist, and samurai. The initial phase was limited to wallets on a guaranteed whitelist, while the second day opened minting to a broader group. All available NFTs were claimed in under an hour.


MegaETH confirmed the sellout on X and stated that preparations for the launch of its public testnet are now underway. The platform emphasized that the minting process was designed to ensure fair participation, preventing gas wars while increasing engagement from real users.


About MegaETH


MegaETH is a Layer 2 blockchain built on Ethereum, aiming to enhance transaction efficiency while maintaining network security and decentralization. The platform integrates NFT projects, a public testnet, and an evolving token economy.


X: @megaeth_labs


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