Blockchair's logo

 MegaETH defies airdrop farming craze, dives headfirst into NFTs Cointelegraph 1 week ago

MegaETH defies airdrop farming craze, dives headfirst into NFTs 🖼️

MegaETH has taken a bold step by unveiling soulbound NFTs in an attempt to raise $28 million. This move comes as airdrop farming models face increasing criticism. By exploring the NFT domain, MegaETH is signaling a shift in strategy that could reshape the way projects in the crypto space approach token distribution.

Soulbound NFTs represent a new frontier for MegaETH, offering a more innovative and potentially lucrative alternative to traditional airdrop campaigns. This strategic pivot highlights the growing importance of NFTs in the broader cryptocurrency industry.

Source: cointelegraph.com ↗