Million (MM) is a decentralized cryptocurrency with a fixed supply of one million tokens, backed by its founder TechLead. More
Fully Diluted Valuation | $1.11M |
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24H Trading Volume | $510 |
24H Low / High | $1.10 / $ 1.13 |
Circulating Supply | 1.00M |
Total Supply | 1.00M |
Max Supply | ∞ |
Categories | Decentralized Finance (DeFi) 8 more |
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Founder | Patrick Shyu |
Website | milliontoken.org |
Socials | 1 more |
Chains |
Ethereum Ecosystem
2 more
|
Explorer | Tomoscan 7 more |
Contracts |
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Name | Pair | OG Score |
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Million (MM) is a cryptocurrency created by YouTuber Patrick Shyu, also known as “TechLead.” With a fixed supply of one million tokens, Million aims to provide a decentralized digital currency specifically for millionaires. Unlike traditional stablecoins, Million is pegged to USDC, meaning it can never be worth less than 1 USDC, but it has no limit on how high its value can rise.
Key Features of Million (MM)
Million stands out for several reasons:
Founder and Background
Patrick Shyu, a former Google and Facebook software engineer, launched Million as a "social experiment." TechLead claims to be a multimillionaire and leveraged his YouTube following of over a million subscribers to promote the token. His large audience initially helped boost the value of Million.
Controversies and Criticism
While Million gained attention quickly, it hasn’t been without controversy. Critics, including the YouTuber Coffeezilla, have accused TechLead of misleading investors about how much of his own money he put into the project and draining liquidity. TechLead has denied these claims.
Security and Audits
Million was audited by Certik, a well-known blockchain security auditor. Ethereum, where Million launched, is secured by a proof-of-work mechanism, while Binance Smart Chain operates with a proof-of-stake consensus, both adding security to the network.
The Road Ahead
Million’s future plans include expanding to more blockchains, collaborating with digital artists on NFTs, and listing on more exchanges. The token’s success relies heavily on its market performance, partnerships, and the ongoing influence of its founder.
In conclusion, Million (MM) is a unique cryptocurrency with ambitious goals and a mix of support and skepticism. Potential investors should carefully consider its risks and do their research before investing.
Million (MM) is unique because it has a fixed supply of one million tokens, is pegged to a minimum value of 1 USDC, and has no upper limit, offering the potential for significant value growth while maintaining a deflationary model.
Million (MM) was founded by Patrick Shyu, also known as "TechLead," a former Google and Facebook software engineer and popular YouTuber with over a million subscribers.
Million (MM) is primarily backed by its founder, TechLead, who initially claimed to support the token with $1 million of his own money, though there has been controversy over the exact amount.
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