Main Highlights
- MegaETH is a highly anticipated Ethereum Layer-2 project launching through the Echo platform and its token launch product, Sonar.
- This guide provides a step-by-step walkthrough for users to complete KYC, set up their Echo account, and understand group functionalities for the MegaETH sale.
- Early registration and KYC completion are recommended to ensure a fair chance at allocation, as identity verification can sometimes take longer than expected.
- The process involves preparing identification documents, filling out personal and on-chain profiles, and completing identity verification via Sonar’s face scan and document upload features.
- Setting up an Echo account includes enabling 2FA, linking social profiles, and answering an investment questionnaire to determine access to sale types.
Navigating the MegaETH Token Sale on Echo
While many initial coin offerings (ICOs) lack long-term viability, some projects stand out with significant potential. When a project like MegaETH emerges, presenting a compelling opportunity, we aim to provide our community with a clear guide to participate. Following previous successful guides for Plasma and Pump.fun, which allowed participants to secure favorable entries, we are now focusing on MegaETH.
It is important to remember that no investment guarantees returns, and risk is always present. However, after a thorough review of the MegaETH project, its launch infrastructure, and the current market sentiment, we believe it holds strong potential for profitability, particularly for early participants.
This guide is not sponsored or paid content. We are participating in the sale ourselves and are sharing this step-by-step process to assist others.
Understanding the Echo Ecosystem and MegaETH Launch
The recent success of the Plasma token sale on Echo demonstrated the continued power of well-executed launches. This sale quickly raised millions, starting at $0.05 and delivering substantial gains for early investors. This event has focused significant attention on Echo and its token launch product, Sonar, which is designed to bring more structure and transparency to public token sales.
The next major event generating considerable interest is the MegaETH sale. As a highly anticipated Ethereum Layer-2 project, its registration is now open. To secure a fair allocation, it is crucial to complete your Know Your Customer (KYC) process and set up your account promptly.
This comprehensive guide will cover:
- The process for completing KYC for the MegaETH sale.
- Steps to set up your Echo account.
- How to effectively use the Sonar platform.
- The role of groups and how to select the most suitable one.
Even if you are new to these processes, this guide will provide clear, step-by-step instructions.
Preparing for MegaETH KYC Verification
The registration period for MegaETH is open until October 27. Identity verification processes can sometimes encounter delays. Therefore, it is advisable to complete your KYC well before the final days to avoid any last-minute issues.
What You Need to Prepare
- A clear, high-quality image or photograph of your passport or driver’s license.
- A smartphone capable of performing facial scan verification.
- A proof of address document dated within the last three months. This could be a bank statement or a utility bill clearly showing your name, address, and the issue date.
Important Note: Currently, individuals with addresses in mainland China cannot complete this KYC process. Many participants utilize alternative proof of residence documents, such as those from Hong Kong, Singapore, the EU, or Latin America. It is perfectly acceptable for your passport and proof of address documents to be from different regions.
Initiating KYC from the MegaETH Registration Page
Community feedback suggests that starting the KYC verification process directly from the MegaETH registration link typically results in a smoother experience compared to initiating it within Sonar first.
Once the registration page loads, you will be prompted to authorize the connection of your wallet and basic identity data. Click Authorize to proceed.
Completing Your Profile Information
The next step involves filling in personal details and on-chain information, including:
- Your Twitter / X profile link.
- Your Discord username.
- Your GitHub profile (optional).
It is beneficial if these social media accounts appear active and have some history.
Following this, look for the option to Add Additional Wallets. You can link up to three wallets that demonstrate a history of significant on-chain activity. Wallets showing past participation in Ethereum, DeFi, L2 usage, staking, or bridging can potentially enhance your chances of receiving an allocation in highly subscribed sales.
Finally, connect your primary wallet, preferably the one you use most frequently.
After completing these steps, click on Manage on Sonar to begin the identity verification process.
Completing Identity Verification within Sonar
Step 1: Upload Your Identity Document
Select the identity verification option and upload your passport or driver’s license. Ensure that:
- The image is of high resolution.
- All edges of the document are fully visible and not cropped.
- You do not upload a screenshot, as the system can detect this.
If the system encounters issues reading your passport, try submitting your driver’s license instead.
Step 2: Face Scan (Liveness Check)
After uploading your ID, you will be guided through a liveness check:
- A QR code will be displayed.
- Scan this QR code using your smartphone.
- Follow the on-screen instructions in a well-lit environment.
This facial verification process typically takes less than a minute to complete.
Step 3: Upload Proof of Address
Upload the proof of address document you prepared earlier. It is essential that your name, address, and the date are clearly legible on the document.
If an upload attempt fails, try submitting a different document. This is a common occurrence and generally does not indicate a significant problem.
Upon successful verification, you will receive an email confirming your KYC status. Your MegaETH registration dashboard should then display a status indicating you are Qualified for this sale.
Please be aware that a second verification step may be required once the sale officially opens. Keep your documents readily accessible and monitor notifications from Sonar and official MegaETH channels closely.
Creating and Utilizing Your Echo Account
Even after successfully completing KYC for MegaETH, you still need to register your Echo account. Echo serves as the platform for group formation and transaction execution.
To create your Echo account, navigate to the Echo homepage and complete the registration process. Afterward, ensure you:
- Enable two-factor authentication (2FA) for enhanced security.
- Link your X (formerly Twitter) or Farcaster profile.
- Select your country of residence.
- Agree to the user agreement.
- Complete your personal investment profile.
The Investment Experience Questionnaire
Echo includes a questionnaire that asks about your income range, net worth, investment history, and understanding of investment risks. The answers provided here determine the types of token sales you are eligible to participate in. It is beneficial to answer these questions in a way that reflects at least moderate investment experience.
If any question is unclear, provide simple and realistic answers. You can always seek a review of your responses before final submission.
Joining Groups on Echo for Enhanced Allocations
Groups are a fundamental feature of the Echo platform, enabling users to pool their investment capital under the guidance of a group leader who sources deals. If a deal proves profitable, the leader typically receives a share of the profits. Conversely, if the deal underperforms, all members share in the loss.
When selecting groups to join, consider the following:
- Look for groups that are large and actively engaged.
- Prioritize leaders with established reputations within the cryptocurrency space.
- Avoid small, private groups with unproven track records.
Each group displays its member count and details of recent deals, which can assist in your decision-making process.
Participation in groups is optional, but joining a well-established group can significantly improve your chances of securing allocations in highly competitive, oversubscribed sales.
Support Our Work
If you found this guide helpful, please consider signing up on BloFin (Non-KYC) or Bybit using our referral links. Your support helps us continue to provide valuable content free of charge.
Final Thoughts
MegaETH has rapidly become one of the most discussed upcoming launches on Echo. The project benefits from strong market enthusiasm, a compelling narrative, and sale mechanics that suggest potential for significant upside, especially if the initial distribution is managed effectively.
As always, please remember:
- This information does not guarantee profits.
- This content is not financial advice.
- This guide is intended solely to help you prepare for the sale, ensuring you do not miss opportunities due to KYC or account setup delays.
We are participating in this sale ourselves, and if you choose to join, you now have a detailed roadmap to follow.
If you found this article valuable, we recommend exploring our guide on Looping Strategies for methods to optimize yield farming and airdrop acquisition.