MegaEth reportedly preparing public ICO on Cobie’s Sonar platform

Key Takeaways

• MegaETH, an Ethereum Layer 2 project, is said to be conducting a public initial coin offering (ICO) using Sonar, a platform created by prominent crypto influencer Cobie.
• MegaETH focuses on real-time transaction speeds by leveraging specialized databases and parallel execution for efficient blockchain state management.

MegaETH, an Ethereum Layer 2 project focused on enabling real-time transaction speeds, is reportedly set to hold a public ICO on Sonar, an ICO platform created by prominent crypto figure Jordan Fish, also known as Cobie.

MegaETH advances blockchain infrastructure by integrating specialized databases for efficient state handling and parallel execution. The project enables faster and more responsive on-chain applications through advanced state management technologies.

The Layer 2 project has received endorsement from prominent Ethereum figures, highlighting its potential to enhance ecosystem scalability and attract developer interest. MegaETH’s emphasis on high-performance features aligns with growing interest in Layer 2 solutions that mimic centralized exchange speeds while maintaining decentralization.

Sonar facilitates public token launches for emerging crypto projects, serving as Cobie’s platform for community-driven investment tools in the digital assets space.

Source