Cryptocurrencies: 200 / Markets: 14619 Market Cap: 24h Vol:
Metal (MTL) Rank 194
$0.72239
Metal (MTL) Rank 194
Website Reddit Twitter
30,995,525 MTL

Metal (MTL)
Metal (MTL)
MTL

Metal (MTL) Price
$0.72

Metal (MTL) 24h Vol
$5,295,545

Metal (MTL) Market Cap
$22,390,870

Metal (MTL) Circulating
30,995,525

Full Name
Metal (MTL)
Symbol
MTL
Algorithm
BTC Price
0.000109181100 BTC
BTC Market
3,384 BTC
BTC 24h Vol
800 BTC
Total Coins Mined
30,995,525 MTL
1h
-1.25 %
24h
-5.41 %
7d
2.27 %
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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.

Full Name Metal (MTL)
Start Date 2017-09-06
Algorithm N/A
Proof Type PoPP
Website https://www.metalpay.com/
Twitter @metalpaysme
Facebook https://www.facebook.com/metalpaysme/
Reddit https://www.reddit.com/r/MetalPay/
Block Number N/A
Block Time N/A
Block Reward N/A
Total Coins Mined 30,995,525 MTL
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
ICO Details

ICO Details


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