On-chain lottery project Megapot completes $5 million Pre-Seed round financing, led by Dragonfly

On March 27, 2024, on-chain lottery project Megapot announced the completion of a $5 million Pre-Seed funding round, led by Dragonfly with participation from Coinbase Ventures, Bankless Ventures, and others. The official statement indicated that its initial lottery prize pool exceeded $1 million, with players from 124 countries purchasing tickets and 19 jackpot winners already emerging. This funding round will be used to advance Megapot's global expansion, launch new gameplay mechanics, and lower the barrier for developers and game operators to integrate Megapot's infrastructure.