THE BLOCK · 2026-11-10 15:56 UTC

MEGA commits $30 million to new products, starting with AI inference

The MegaETH Foundation, team behind the Ethereum Layer 2 network MegaETH, rebranded as MEGA and committed $30 million from its treasury to new products, starting with an AI inference market planned for December. All new products will run on MegaETH, and planned network upgrades including fast finality are meant to support the inference product. MEGA's approach, called "Purified Intelligence," aims to make inference from different providers more interchangeable; the MEGA token trades around $0.05, down over 76% from its all-time high.

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