According to Megapot, the onchain lottery project closed a $5 million pre-seed round led by Dragonfly after reporting a first prize pool above $1 million and participation across 124 countries.
Megapot announced an official $5 million pre-seed funding round led by Dragonfly, with Coinbase Ventures and Bankless Ventures participating. According to the company, the onchain lottery project’s first prize pool exceeded $1 million, with players from 124 countries and 19 jackpot winners. The new update confirms the round stage as pre-seed while reinforcing previously reported user reach and lottery results.