Author: blocmates

Compiled by: Tim, PANews

MegaETH, hailed as an "instant blockchain," is Ethereum's super-scaling network, boasting a block generation speed of 10 milliseconds and a transaction processing capacity of over 100,000 transactions per second, enabling instant transaction settlement.

MegaETH will bring scalability and throughput to levels comparable to Web2 platforms.

MegaMafia is an accelerator program initiated by MegaETH, designed to nurture and incubate innovative projects based on the MegaETH network.

MegaMafia 1.0 was a huge success, raising a total of $40 million for 15 projects incubated over a one-year program.

MegaMafia 1.0's core focus is on leveraging MegaETH's infrastructure to optimize and upgrade existing popular crypto products.

Notable projects include Euphoria (one-click trading of derivatives), Noise (a social emotion perpetual contract platform), and World Capital Markets (a spot, perpetual contract, and lending platform).

MegaMafia 2.0 was subsequently launched, taking the accelerator program to a whole new level, with a focus on more innovative "hyperchain" products, namely innovative crypto consumer products that leverage the MegaETH infrastructure to target new customer groups.

So, let's take a look at the latest developments in MegaMafia 2.0.

MegaMafia 2.0 Overview

MegaMafia is one of the three pillars of the MegaGDP system, primarily designed to drive ecosystem growth.

Its operating model involves selecting top teams dedicated to developing applications with high network growth potential and having them participate in a year-long development program. Through frequent offline interactions, these teams will receive in-depth guidance from leading talents in the field.

The application period for MegaMafia 2.0 will begin on April 23, 2025, and will remain open until March 15, 2026. During this period, three in-person networking events and two remote seminars will be held.

The entries will be announced in three batches through MegaMafia 2.0, and two batches have already been revealed at the time of writing. Let's take a look at the projects worth paying attention to.

1. Blitzo

Blitzo is a gamified payment application.

Specific details about the product are still unclear, but its core concept is to change people's (especially the younger generation's) attitudes toward money by transforming everyday transactions into fun forms that can be made into emojis.

For example, after you finish your meal at a restaurant, you can simply tap your phone to pay. Now, that payment can be transformed into a moment or a meme created together with friends.

Due to the lack of specific details, this idea does sound somewhat puzzling and "out of the ordinary," but it may eventually become an interesting consumer product.

2. Cilium

Cilium is a "real-time motion map for future motion".

Cilium is not a product designed for ordinary people like us; it is a cutting-edge technology specifically for drones, robots, androids, and autonomous driving.

Its core concept lies in the fact that existing maps, designed for human use, are static and contain isolated information. However, in a future where autonomous driving becomes the norm, we will inevitably need a completely new solution.

Cilium is developing a motion mapping product designed to provide the core power for these smart devices by building dynamic maps from real-time video data, enabling them to continuously evolve as the environment changes.

3. Dorado

Attention, casino veterans! Just like the legendary land of gold, Dorado, an on-chain casino, will help you explore your own golden city.

Dorado Casino uses a liquidity mining model that allows every participant to become a house and earn a share of the profits from the bets placed by casino players.

At the same time, Dorado will also offer a variety of gameplay options, including classic games, incentive programs, and jackpot pools.

4. Hunch

Hunch is a social application for cultural transactions.

Hunch incorporates the concept of prediction markets into the MegaETH instant blockchain and injects innovative elements.

Hunch emphasizes social fun, creating an addictive interactive interface by incorporating Pokémon-style game mechanics to continuously inspire user engagement.

Hunch is still in the early stages of development, and specific details have not yet been fully disclosed, but it is worth continuing to monitor its progress.

5. Legend.Trade

Legend.Trade views trading as a multiplayer video game. I mean, technically speaking, the way we conduct crypto trading does resemble a video game.

However, Legend takes this concept to a whole new level with its trading platform's trader battle mode, allowing you to compete against opponents and win rewards through trading contests. Here, skill reigns supreme, size is irrelevant.

In addition, the Legend platform will provide cutting-edge trading strategy content to help users maintain a leading edge, and support real-time tracking of top traders' operations, providing convenience for users who want to learn from experts and replicate their trading strategies.

6. Ubitel

Ubitel is an ambitious but essential product operating in the open data space.

The Ubitel model works by having a Trusted Execution Environment (TEE) inside each device, and Ubitel's goal is to activate it.

Users and hosts that provide verifiable computing services on the platform can access the Internet, an open data network, anytime, anywhere.

The subscription service generates interest and is expected to launch a points program. This is undoubtedly another project worth adding to your watchlist.

7. Benchmark

Benchmark, touted as an "instant market credit layer," is a product created by senior professionals from institutions such as BlackRock and Goldman Sachs, aiming to introduce institutional-grade risk management into the DeFi field.

Benchmark is building a unified liquidity engine for USDm by isolating lending pools and curating yields.

8. Brix

Brix focuses on emerging capital markets.

Currently, there is very limited specific information about Brix, but according to existing data, Brix will launch a new type of tokenized interest-bearing stablecoins and assets, aiming to enable DeFi users to obtain emerging market returns through on-chain channels.

This is a product with potentially high profits.

9. Kumbaya

Kumbaya is another product in its early stages.

Judging from its official X account, this is a decentralized exchange centered on community building, providing users with a platform to create and trade cultural assets. The exchange is characterized by fast transaction speeds, a clean and intuitive interface, and ample liquidity.

10. Rocket

Rocket is pioneering the concept of a redistribution market.

Rocket offers users a different way to predict prices. It allows long positions on any cryptocurrency price stream.

Users can predict any price movement and profit from rises and falls on the Rocket mobile app.

This sounds like an interesting new paradigm, but it remains to be seen how the redistribution market will actually take shape.

11. Stomp

Stomp is a PvP monster game coming to MegaETH.

Players can collect items, devise strategies, and participate in real-time competitions to win rewards.

Leveraging MegaETH's infrastructure ensures a top-tier gaming experience for Stomp.

What does this mean for MegaETH?

If you carefully consider the meaning between the lines, a very clear theme emerges here.

The core mission of MegaMafia 1.0 is to lay the foundation for the MegaETH ecosystem.

Its core products mainly revolve around so-called "crypto-native" products, basically covering diverse areas such as DeFi, NFT, trading and yield-oriented products.

These products, due to their composability, often become fundamental components of successful ecosystems, serving as liquidity pillars and supporting the development of numerous other applications.

With the basic framework in place, MegaMafia 2.0 will focus on creative, user-oriented products. These products move beyond the over-financialization common in the crypto space, shifting towards a more culturally resonant area and aiming to attract a broad user base that doesn't usually engage with cryptocurrencies.

So the solution is now clear.

Leveraging MegaETH's highly scalable, instant blockchain infrastructure, developers can circumvent technical complexities and deliver a smoother, Web2-like experience to users. We will work closely with the development team to ensure high-quality applications are ubiquitous within the MegaETH ecosystem.

The MegaETH team is strategically developing its ecosystem, aiming to become one of the key forces driving mainstream crypto applications.

This is a carefully planned strategy that emphasizes innovation and incentive synergy, and we believe this long-term strategy will soon bear fruit.