MEGADETH MINT THEIR OWN CRYPTO

Megadeth have launched $MEGA, their own cryptocurrency which offers special perks and benefits to fans who buy, hold and trade with it. Announcing the new digital coin on Facebook, the band wrote: “By buying, holding, and transacting with $MEGA, fans will gain access to exclusives and premium benefits.” In addition, members of Megadeth’s official fan club (the Cyber Army) that hold $MEGA will unlock “additional exclusives, access, and offers”, starting with free $MEGA.

The thrash-metallers jumped on the crypto train for the first time earlier this year when they sold their first NFT – a digital work of art entitled Vic Rattlehead: Genesis – for 8.4 Ethereum, roughly $18,000 at the time. While many musical artists have bought into the NFT hype – including Joe Bonamassa, Yngwie Malmsteen and Muse’s Matt Bellamy – Megadeth join a small list of musical artists who are using the world of crypto to offer real-world utility to fans.

Megadeth are currently gearing up to release their 16th studio album – TheSick,TheDyingAnd TheDead – in 2022. We’ve yet to hear any official music, but band leader Dave Mustaine has shared two audio snippets in Cameo videos to fans. Back in August, James LoMenzo was announced as the band’s new live bassist, following the departure of longtime bass player David Ellefson.