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The MegaETH public sale distribution plan has been announced, and approximately 6000 addresses have been selected to receive allocations.
According to Foresight News, MegaETH stated that the public sale of MEGA has undergone 5 days of review, involving $1.39 billion and 53,000 bidders, in search of suitable holders. The goal of this allocation method is to fairly distribute to the existing community and establish a data-driven system to identify long-term investors. A scoring system was created based on on-chain activity, social signals, organic presence, interaction with MegaETH, and considerations of lock-up willingness. Through this process, accounts that did not meet the minimum allocation criteria were eliminated, ultimately reducing the non-community bidding pool from about 53,000 to approximately 6,000. The top scorers in the locked bids received 100% of the allocation, while the top portion of unlocked bids received 30%, which then gradually decreased to a minimum amount ($2,650). All of the above work is summarized in an overview of the MEGA public sale, and tomorrow everyone will be able to visit the website for specific allocation details.