Megadeth have gotten into the cryptocurrency game, releasing their official Megadeth Coin ($MEGA) at an opening price of roughly $0.50.
Megadeth have launched their own crypto called $MEGA coin. Releasing their official Megadeath Coin ($MEGA) at an opening price of roughly $0.50. Megadeth’s $MEGA coin ties into the band’s Cyber Army membership program. Depending on your membership tier, you might already have access to some free $MEGA.
The thrash legends are the latest band to dabble in crypto, which has become a trend in the music industry. Artists are finding unique ways to incorporate crypto into merch packages and even charitable efforts. As Lamb of God’s Randy Blythe and DevilDriver’s Dez Fafara have done with Chakra Coin.
Megadeth Coin doesn’t seem to have a functional use like other coins that facilitate crypto or NFT transactions. But $MEGA will allow fans to gain access to exclusives and premium benefits. Cyber Army members can actually get some free $MEGA courtesy of the band, and Cyber Army members that hold $MEGA will unlock additional exclusives, access and offers.
“$MEGA is the official cryptocurrency of Megadeth and our community,” proclaimed a message popsted to the band’s website. “By buying, holding, and transacting with $MEGA, fans will gain access to exclusives and premium benefits.”
“Cyber Army members that also hold $MEGA will unlock additional exclusives, access, and offers,” the announcement explained. “Premium and Digital Cyber Army members automatically get some free $MEGA.”
Interestingly enough, there’s technically already a coin called $MEGA on the market. CoinMarketCap shows that MegaCryptoPolis launched in October 2020 at roughly $6 per coin and hit its all time high of $65 in February 2021. As of this posting, it’s worth $27.
The crypto money industry managed to attract millions of new investors, from old to student, especially with the rally it started towards the end of 2019. While this rally was going on, we witnessed the rise of different concepts in the crypto money world. Currently, Web 3.0 is seeing concepts such as the Metaverse and NFT, one of which was fan tokens specific to an audience.
Megadeth is an American heavy metal band formed in Los Angeles in 1983 by vocalist/guitarist Dave Mustaine and bassist David Ellefson. Known for their technically complex guitar work and musicianship, Megadeth is one of the “big four” of American thrash metal along with Metallica, Anthrax, and Slayer, responsible for the genre’s development and popularization. Their music features complex arrangements and fast rhythm sections, and lyrical themes of death, war, politics, personal relationships, and religion.