The MegaETH ICO will take place through an auction format, starting with a fully diluted valuation (FDV) of $1 million. This format represents a significant move in the ICO space, allowing participants to bid on token allocations rather than relying on a standard fixed price. By using an auction model, MegaETH aims to create a competitive environment that could benefit both participants and the project itself. Startups increasingly adopt auction-based ICOs to engage potential investors more dynamically, encouraging a broader range of participation. Participants can look forward to an innovative approach with the MegaETH ICO, setting the stage for new strategies in fundraising.
