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MegaETH Ends Mega Mafia After Portfolio Apps Migrate
MegaETH ended its Mega Mafia accelerator after top graduates moved to Base, Monad, and custom chains; about 20 teams raised roughly $80M and the program will now focus on first‑party and OMEGA apps.
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What happened
MegaETH ended its Mega Mafia accelerator after top graduates moved to Base, Monad, and custom chains; about 20 teams raised roughly $80M and the program will now focus on first‑party and OMEGA apps.
Confirmed
Global impact / market context
The shift shows developers preferring newer blockchain platforms, which could steer future funding and talent toward those ecosystems, while MegaETH’s new focus may turn it into a direct product builder rather than just an incubator.
Analyst inference
Crypto accelerator activity is moving toward specialized chains like Base and Monad, as investors continue to fund early‑stage blockchain projects, indicating a broader trend of platform diversification in the sector.
Analyst inference
What to watch
- If MegaETH’s first‑party and OMEGA app focus attracts more venture capital, it could increase development resources for those projects and boost the accelerator’s revenue potential. Analyst inference
- The success of the migrated teams on Base, Monad, and custom chains may signal the attractiveness of those platforms to other developers and investors. Analyst inference
- How competing crypto accelerators adjust their programs or form partnerships to retain talent and capital in response to MegaETH’s pivot. Analyst inference