Metal Rank 182
$0.314745
Metal Rank 182
Website Twitter
65,483,821 MTL

Metal
Metal
MTL

Metal Price
$ 0.3147

Metal 24h Vol
$3,045,214

Metal Market Cap
$20,610,724

24h Vol
329 BTC
1 H
0.74 %
24 H
0.67 %
7 d
1.48 %
Today Metal price in US dollars is currently 0.3147 USD, and if converted to Bitcoin is 0.00003402 BTC. A total of 65,483,821 MTL are currently circulating in the Market. Metal price is currently experiencing a change of 0.67 %, and check here all cryptocurrency. Over the past 24 hours 0.030 M US dollars Metal have been traded on Crypto Exchanges. Get Metal's progress by adding it to your favourites and creating a free portfolio.
Full Name
Metal
Symbol
MTL
Algorithm
BTC Price
0.00003402 BTC
BTC Market
2,228 BTC
BTC 24h Vol
329 BTC
Total Coins Mined
65,483,821 MTL
1h
0.74 %
24h
0.67 %
7d
1.48 %
Twitter
Website
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Description

Description


Metal is a blockchain-based system utilizing Proof-of-Processed-Payments to identify users, rewarding them for converting legacy fiat currency into cryptocurrency, acting as a bridge to the cryptocurrency world. Metal's system uses provable payments attached to verified identities to distribute currency. Anyone can participate to earn METAL as a reward for converting fiat to cryptocurrency. The Metal project aims to provide all of the financial services small to medium sized businesses (SMB) might need.

The MTL token is the native currency within the Metal system and it's distributed through a Proof of Processed Payments (PoPP) in which users earn MTL for sending money or making purchases.

ICO Details

ICO Details


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The MTL token is the native currency within the Metal system and it's distributed through a Proof of Processed Payments (PoPP) in which users earn MTL for sending money or making purchases. Metal projects $2,951,000 will provide over two years of operating expenses with a team of ten people. Furthermore, Metal expects to be revenue positive in its first year. Additionally, Metal has raised $556,000 in equity from venture firms Alphabit Fund, G2 Ventures, Gateway, Erik Voorhees, Andrew Lee, among others. This funding was completed prior to the token sale, which has allowed Metal to make crucial hires and expenditures.

Metal held its ICO on June 9, 2017. The ICO token supply represents 71,4% of the total token supply at the time.

Team:

  • Marshall Hayner: CEO, Founder.
  • Oscar Munoz: Chief Compliance.
  • Madisyn Li: Creative Director.
  • Andy Goldstein: Chief Strategy.

Token Reserve Split (28,6%):

  • 20%  - Operation Pool for Metal Project;
  • 5,6% - Employees/Advisors;
  • 03%  - Metal Foundation;

Metal ICO campaign featured bonus, bounties, escrow and the token is mineable.

ICO Status Finished
Token Supply 66588888
Start Date 2017-06-09
End Date 2017-07-08
Fund Raised (BTC) N/A
Fund Raised (USD) 9000000
Start Price (USD) 0.18
Security Audit Company N/A
ICO Legal Form N/A
ICO Jurisdiction N/A
Legal Advisers N/A
Blog https://blog.metalpay.com/
White Paper https://www.metalpay.com/assets/pdf/whitepaper.pdf

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