TechFlow, November 11 — According to Namik Murodoglu, co-founder of MegaETH, any participant who has locked tokens for one year through the MegaETH offering must obtain the tokens for their own account without any intent to resell or transfer, and must not engage in any transfer, resale, or hedging transactions that violate applicable laws.
Namik Murodoglu stated that anyone publicly discussing OTC trades or hedging plans on Twitter will have their allocation canceled and receive a refund. He noted that the sale was oversubscribed 28 times, and it makes no sense to allocate tokens to individuals who intend to sell before even receiving them. For MegaETH and other MEGA holders, it is more beneficial to distribute these tokens to those who are bullish on MEGA and willing to hold them for at least the lock-up period.
