Crypto is the engine behind his startup, Lung said. Its permissionless protocols run on Base, a network built on Ethereum, meaning that anyone can access it, interact with it, and developers can build on top of it. Megapot also uses stablecoins, a type of cryptocurrency often pegged to the U.S. dollar, to pay out users around the world. Lung founded Megapot in January 2024 after working for about eight years at tech and crypto companies like Microsoft, Lyft, and Uniswap.
Lung said he founded Megapot also because he viewed it as a way to bring the masses to blockchain. “I wanted to go build something that can actually bring a billion people on chain, so they can get all the benefits of crypto,” he said.
Leave a Reply