Deep Tide TechFlow News, November 10: According to The Block, the foundation behind Ethereum Layer 2 network MegaETH has been renamed MEGA and has pledged to allocate $30 million from its existing treasury to develop new products. Its first AI inference marketplace is planned to launch in December.
MEGA said all new products will run on MegaETH, and planned network upgrades such as fast finality will also support AI inference products. Co-founder Shuyao Kong said the inference marketplace is aimed at developers, and that the specific providers and models will be announced at launch.
MEGA is also responsible for expanding the utility of the MEGA token. Kong said the team will use the token in scenarios where possible.
MEGA said all new products will run on MegaETH, and planned network upgrades such as fast finality will also support AI inference products. Co-founder Shuyao Kong said the inference marketplace is aimed at developers, and that the specific providers and models will be announced at launch.
MEGA is also responsible for expanding the utility of the MEGA token. Kong said the team will use the token in scenarios where possible.