MegaETH Foundation Rebrands as MEGA, Allocates $30M for New Products

The rebrand and the $30 million earmark signal that MEGA is positioning itself as a product-building entity rather than a conventional foundation, with the "no equity and one token" line framing its value accrual around the token alone. The December AI inference marketplace is the first concrete test of that model, and it ties MegaETH's narrative to a demand driver outside speculative trading. The disclosure's gaps—no funding source or structure—are the notable omission, and whether the inference market launches on schedule, and how the token's role is defined, are the open questions.