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Metal DAO Price






Metal DAO Price Chart (MTL)













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Metal DAO Price Update

Metal DAO price is $1,43, yukarı 33.56% in the last 24 hours, and the live market cap is $93M. It has circulating supply volume of 66,588,888 MTL coins and a max. supply volume of 66,588,888 alongside $478M 24h trading volume.

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About Metal DAO


MTL Price

What Is Metal (MTL)  

Metallicus aims to bridge the gap between TradFi and DeFi (Traditional Finance and Decentralized Finance) by making cryptocurrency trading more accessible to the general public. Its goal is to lower the entry barrier for those seeking to enter the crypto world by incentivizing their crypto-related activities. 

Metallicus focuses on the Proton blockchain, an ecosystem with zero gas fees, instant swaps, NFT capabilities, and opportunities for passive income.

Metal enables users to earn up to 5% back in MTL tokens when they spend, send, or receive money (including fiat and digital currencies) in the Metal Pay app. These tokens can easily be traded for other cryptocurrencies on exchanges or converted into cash within the app.

Metal Vault is Metal’s first application. It's a web wallet for Metal, Bitcoin, Ethereum, and ERC20 tokens. Metal aims to add more coins, such as Litecoin and Monero and FDIC-insured bank accounts, to the Metal Vault. Users will buy Metal within the Metal Vault with a bank account, earning more Metal in the process.

Metal Pay is a payment processing app for ios that allows users to send and receive cash or cryptocurrency and buy or sell cryptocurrency with cash or other crypto trading pairs. The platform also encourages the adoption of Metal Pay by offering trading fee discounts to MTL token holders.


MTL Token 

MTL is the native protocol token of the Metal project. Metal Pay users get trading fee discounts if they hold MTL, and anyone with 10,000 MTL can transact for free.

Additionally, users can get loyalty benefits for keeping MTL on the exchange.

Metal (MTL) runs on the Ethereum platform; however, it'll also be made available on Proton, with new on-chain utility possibilities for MTL.

MTL is designed for daily use.

The MTL cryptocurrency was launched via an initial coin offering (ICO) on June 9, 2017. The team sold 55 million tokens at $0.18 per token. It raised over $10 million in the process. Following the initial coin offering, the MTL token reached an all-time high of $13.86 in September 2017 and had a 250% increase in value after it was granted a money transmitter license from the US state of Washington in March 2021.

Metal Founders

The Metal Pay team began development in 2016 in San Francisco. The team consists of engineers, designers, investors, advisors and is led by CEO and founder Marshall Hayner. Hayner’s previous startup, Trees, aimed to deliver marijuana by drone. Hayner has a demonstrated history of working in the financial services industry.

Marshall is skilled in Corporate Development, Blockchain Technology, Viral Strategy, Social Media, Search Engine Optimization (SEO), Sales, Mobile Applications, Product Design, Web Design, and Startups. 

The MTL project has attracted 5 investors. 

How Does MTL Work

As stated earlier, the Metal project was launched to make cryptocurrency accessible to the general public. Metal achieves this aim by providing users with some handy and flexible features, such as:

  • A flexible Fiat to Crypto Exchange, enabling Metal users to operate between fiat and cryptocurrencies seamlessly 
  • An App to send or receive money 
  • The Proof of Processed Payment (PoPP) consensus for approving transactions.

Proof of Processed payments helps identify a user before distributing currencies in a transaction. Metal Pay seeks to incentivize usage by rewarding users for the transactions on the platform. The PoPP mechanism has a fixed number of tokens locked up, which are released to Metal users whenever they:

  1. Use the Metal Pay application to convert fiat currencies to cryptocurrencies and vice-versa.
  2. Use the app to send or receive money.

The reward is usually up to 5% of the volume of the transaction.

Where to Buy MTL

You can buy Metal cryptocurrency on several leading cryptocurrency exchanges, such as Binance, Cryptopia, Huobi, Livecoin, etc., with Bitcoin or Ethereum pairs. However, around 90% of the volume currently takes place on Binance.

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