Add as a preferred source on GoogleMegaETH Foundation Rebrands as MEGA, Plans $30 Million Product Push
Its first planned product is an AI inference marketplace for developers, with a launch expected in December.
The MegaETH Foundation has rebranded as MEGA and plans to commit $30 million from its treasury to new products, including an AI inference marketplace expected to launch in December.
The $30 million will come from the foundation's existing treasury. It is intended to support multiple products, all of which are planned to run on MegaETH, an Ethereum layer-2 network. The marketplace is the first product identified under that plan.
The AI inference marketplace is designed for developers to switch more easily among different inference service providers, with the aim of encouraging competition on price. MEGA plans to launch it in December.
MEGA has not disclosed how the marketplace will work, which models it will support or which providers will be available. Those details are expected when it goes live.
The organization also plans to expand the uses of the MEGA token, though its specific function in the marketplace has not been announced.
Simon Yoon
ReporterSimon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.