Market Data & Token Stats
| Fully Diluted Valuation | $27.20M |
|---|---|
| 24H Trading Volume | $1.02M |
| 24H Low / High | $0.2942 / $0.3027 |
| Circulating Supply | 90.64M |
| Total Supply | 90.64M |
| Max Supply | ∞ |
Key Project Information
| Categories | Smart Contract Platform 2 more |
|---|---|
| Founder | Marshall Hayner 1 more |
| Website | metalpay.com |
| Socials | 1 more |
| Chains | Metal-l2 Ecosystem |
| Explorer | Metall2 |
| Contracts |
0xbcf....c00a9
|
OGAudit Security Evaluation & Social Audit Metrics
OGAudit Coin Evaluation Metrics
Metal DAO (mtl) Expert User Reviews
Is Metal DAO safe or a scam? Read verified Crypto OG reviews about Metal DAO
$mtl Markets
| Name | Pair | OG Score |
|---|
About Metal DAO
Metal DAO (MTL): Simplifying Cryptocurrency Transactions
Metal DAO (MTL) was founded by Marshall Hayner and Glenn Marien. Marshall Hayner, in particular, has a background in projects like Quickcoin, Trees and the Stellar project. The founders' vision was to create a user-friendly platform that would accelerate the mainstream adoption of peer-to-peer payment networks.
Proof-of-Processed-Payments (PoPP) Rewards
Metal utilizes Proof-of-Processed-Payments (PoPP) to identify users and reward them for converting legacy fiat currency into cryptocurrency. This approach incentivizes users to engage with the platform and helps drive adoption. Users can earn up to 5% back in MTL tokens for every transaction they make within the Metal Pay app.
Utility Token and Governance
Metal DAO (MTL) is a utility token that currently governs the stablecoin Metal Dollar (XMD). It also provides tiered trading discounts to MTL holders when using the Metal Pay cash & crypto app. Users who own 10,000+ MTL can enjoy 0% fees on all cryptocurrency purchases through Metal Pay.
Metal Pay Ecosystem
Metal Pay offers a comprehensive ecosystem for cryptocurrency transactions. It includes the Metal Vault, a web wallet that can store various cryptocurrencies and the Metal Pay app, available on iOS, which allows users to send money to friends and merchants using phone numbers. Every transaction conducted through the Metal Pay app has the potential to earn users up to 5% back in MTL tokens.
Future Development and Innovation
Metal DAO's future utility includes the ability to propose new stablecoins for the Metal Dollar basket and vote in new stablecoin issuers. This gives MTL holders a say in the direction and development of the Metal ecosystem, ensuring that it continues to evolve to meet the needs of its users.
Conclusion
Metal DAO (MTL) is a pioneering project in the cryptocurrency space, aiming to simplify and make cryptocurrencies more accessible to the general public. With its user-friendly interface, innovative rewards system and commitment to user governance, Metal is poised to play a significant role in shaping the future of cryptocurrency transactions.
What is unique about Metal DAO (MTL)?
Metal DAO (MTL) offers a user-friendly interface similar to popular payment apps like Venmo, Square, or PayPal, making it easy for users to convert fiat currency into cryptocurrency. It also utilizes Proof-of-Processed-Payments (PoPP) to reward users for transactions, driving adoption and engagement.
Who are the founders of Metal DAO (MTL)?
Metal DAO (MTL) was founded by Marshall Hayner and Glenn Marien. Marshall Hayner has a background in projects like Quickcoin, Trees and the Stellar project, bringing valuable experience to the project.
Who are the backers/investors of Metal DAO (MTL)?
Notable investors of Metal DAO (MTL) include Alphabit Fund, Brian Kelly and Erik Voorhees. Their support demonstrates confidence in the project's potential and future growth.
Where can I buy Metal DAO (MTL)?
Binance, Gate.io, Bitget, KuCoin, HTX
Information in this section carefully collected and curated from publicly available data from official sources, including the Metal DAO Official Website and Metal DAO X (Twitter) Account.
The information presented on this page is created and published by the OGAudit Editorial Team for educational and informational purposes. It should NOT be construed as an endorsement, or as legal, or investment advice. If you believe any content on this page is outdated or incorrect, please feel free to contact us for updates and corrections.
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