Metal Rank 163
$0.140443
Metal Rank 163
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64,883,821 MTL

Metal
Metal
MTL

Metal Price
$0.14

Metal 24h Vol
$3,955,902

Metal Market Cap
$9,112,449

24h Vol
888 BTC
1 H
-5.67 %
24 H
-43.8 %
7 d
-55.87 %
Today Metal price in US dollars is currently 0.1404 USD, and if converted to Bitcoin is 0.00003153 BTC. A total of 2,046 coin's are currently circulating in the Market. Metal prices are currently experiencing a change of -43.8 %, check all cryptocurrency. Over the past 24 hours 0.040 M US dollars Metal has been traded on Crypto Exchanges. Get Metal's progress by adding it to your favourites and creating a free portfolio if you wish.
Full Name
Metal
Symbol
MTL
Algorithm
ETH Token
BTC Price
0.00003153 BTC
BTC Market
2,046 BTC
BTC 24h Vol
888 BTC
Total Coins Mined
64,883,821 MTL
1h
-5.67 %
24h
-43.8 %
7d
-55.87 %
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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 Corporation
ICO Jurisdiction 634
Legal Advisers N/A
Blog https://blog.metalpay.com/
White Paper https://www.metalpay.com/assets/pdf/whitepaper.pdf

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