MegaLabs to Launch Testnet for MegaETH Protocol Following $20M Investment from Dragonfly

Thursday, 27 June 2024, 16:00
MegaLabs secures $20 million in funding led by Dragonfly for the development of MegaETH protocol. The company aims to launch a testnet in the upcoming months, focusing on real-time blockchain technology.
CoinDesk
MegaLabs to Launch Testnet for MegaETH Protocol Following $20M Investment from Dragonfly

MegaLabs Funding Round Overview

MegaLabs secures $20 million in funding for MegaETH protocol.

Development Focus

The funding will be used to build out real-time blockchain technology.

Launch Timeline

The company plans to have a testnet up and running in the next few months.

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