Metatime (MTC): Building a New Standard of Blockchains
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While decentralized applications (DApps) using blockchain technology have grown dramatically in recent years, many of these projects face issues with security, speed and scalability, commonly known as the blockchain trilemma. These issues must be addressed properly before web3 can be used globally to its full potential. In addition, successful blockchain solutions require integrated native applications that positively impact the average person’s daily life.
Key Takeaways:
- Metatime is a blockchain ecosystem built on the MetaChain blockchain network. It utilizes MetaAnthill technology to address core problems associated with web3 adoption.
- Bybit offers the MTC/USDT Spot trading pair in the Philippines, Vietnam, Turkey, India and Indonesia. To celebrate this listing, Bybit is running a Deposit and Earn campaign in which you can win a share of the 40,000 USDT prize pool.
What Is Metatime?
The Metatime ecosystem stands apart from other blockchain ecosystems with its native applications and innovative features. MetaAnthill technology facilitates secure, fast transactions. At the same time, Metatime’s core component, MetaChain, uses a “proof of meta” mechanism featuring a smart load optimization with three types of mining: MetaMiner, MacroMiner and MicroMiner. This aspect of the ecosystem enables applications to be built into its structure.
While Metatime has been built as a blockchain ecosystem, it also has its own culture, whose focus will centralize blockchain technology in the human world.
History of Metatime
Metatime started developing MetaChain in 2019. The project’s development started with the development of the PoM consensus algorithm and MetaAnthill. In the years that followed, products such as MetaDex, MetaAirdrop and others came online. While significant development has already been completed, new developments are planned over the next seven years. These include MetaGames, MetaPlanet, MetaVR, MetaInsurance and others.
What Does Metatime Aim to Achieve?
Metatime is focused on building on the blockchain ecosystems currently in use. This will be accomplished with integrated native applications, including both those already developed and those still in development. Specifically, Metatime is building a blockchain network that addresses the blockchain trilemma. It’s targeting this challenge through integration with other structures, featuring a collection of different blockchain ecosystems and using the Metatime Virtual Machine to execute smart contracts and support continued development of new applications.
How Does Metatime Work?
The Metatime blockchain network’s proof of meta (PoM) consensus is a hybrid algorithm that includes meta proof of social work, meta proof of history and meta proof of stake (see MetaChain white paper, p. 3). The blockchain protocol’s MetaAnthill uses Java to maximize the way that the network nodes and the devices are synchronized. Doing so determines and executes optimized resource allocation. Once the validators and MetaAnthill confirm a transaction, it’s added to the Metatime blockchain.
Features of Metatime
Metatime is building blockchain technology that’s easy to use, delivering practical benefits for the average user on a daily basis. It’s already released numerous features and will be launching more soon.
MetaAirdrop
Registering for the MetaAirdrop qualifies you to win a sizable allocation from the 200 million MTC prize pool. Registration can be completed quickly on the Metatime website. Those who complete monthly tasks using MetaAirdrop earn MetaPoints, which can then be redeemed for MetaAirTime rewards. In addition, you can utilize the platform to create your own digital assets and manage airdrops for them.
MetaChain
The MetaChain mainnet will launch on Nov 11, 2023. It’s touted as the new standard in the blockchain world and will optimize scalability, security and speed via MetaAnthill, said to be capable of processing more than 700,000 transactions per second (TPS). In addition, users can choose from the three PoM mining methods with.
MetaDex
MetaDex supports fast transactions using the network’s native Metatime Coin, MTC. The token is essential for accessing Metatime’s growing list of products and applications. MetaDex supports swapping and liquidity staking of MTC and introduces a feature that helps users manage slippage.
MetaExchange
Metatime has several easy-to-use interfaces, including MetaExchange, which lets users trade their digital assets without using a third-party application. There are three versions available — MetaExchange Lite has the easiest interface to navigate and is well-suited for beginners, while MetaExchange Pro and MetaExchange Meta offer advanced features so that more experienced investors can make well-informed decisions before executing transactions.
MetaExplorer
MetaExplorer is a web services/analytics product. It enables users to access data that’s been stored across 19 different blockchains, giving users easy access to a more robust set of data that gives them a complete set of facts in front of them before making key decisions about their digital assets.
MetaLaunchpad
One of Metatime’s standout traits is its focus on putting blockchain in the hands of the everyday user, with MetaLaunchpad playing a major role. MetaLaunchpad’s easy-to-use interfaces support the tokenization of user-created services and products without the need for expertise in programming, allowing developers to raise funds for their projects and build community.
MetaNFT Marketplace
While marketplaces for other platforms support the buying and selling of digital assets, Metatime goes a step further. The MetaNFT marketplace benefits users with shared ownership, fractionalizing and renting for NFTs. In addition, MetaNFT supports the generation of new NFTs with its easy-to-use design tools.
MetaRealEstate
Opportunities for real estate investment are within reach for many people via MetaRealEstate. This unique product allows real estate owners to use a digital format to sell small fractions of their physical properties. From a single-family home to a hotel or other types of properties, tokenized real estate is affordable and accessible to everyone.
MetaWallet
MetaWallet is the next generation of digital wallets. All digital assets can be stored in this wallet, including coins, tokenized properties, NFTs and others. MetaWallet supports easier asset management and allows direct exchanges without the need for an intermediary. MetaWallet is accessible to all registered users through both a mobile app and browser extension.
Metatime Road Map
Metatime’s blockchain ecosystem development began in 2019. By early 2020, its developers gained steam with the discovery of the PoM consensus. Research and development on products for the Metatime ecosystem continued through the latter half of 2020. In 2021, the team developed MetaAnthill and integrated it with PoM, in addition to creating Metatime’s ecosystem. Metatime Technology Inc. was formed in 2022, with a sizable equity investment, and the company established global offices.
The end of 2022 saw the launch of both the Metatime website and MetaChain testnet. In 2023, the betanet launched and Metatime Coin became available through private presale. The platform launched MetaDex, MetaExplorer, MetaAirdrop and its mobile app, with the token becoming available for public sale on 20 global exchanges.
Several major milestones are scheduled through the end of the decade, including the launch of MetaAcademy, MetaSmartContract and MetaMining. Looking further ahead, MetaWallet, MetaLibrary, MetaDrive, MetaRealEstate, MetaGames and others will come online.
MTC Tokenomics
MTC is the native token of the Metatime project, featuring a burning mechanism to promote progressive growth in the coin’s value.
Metatime has a total supply of 10 billion MTC tokens. Roughly 4 billion (or 40%) are allocated for this burning mechanism. Another 5%, or 500 million MTC, are for strategic token sales, including two seed sales (1% each), a private sale (1%) and a public sale (2%).
The remaining 55% of MTC tokens are reserved for investors, the PoM mechanism and the ecosystem’s operation. Specifically, 5% are allocated to the liquidity pool, 8% for the marketing pool, 2% for the airdrop pool, 5% each for the stake pool and rewards pool, 10% for the miner pool, 19% for the team pool and 1% for the charity pool.
MTC Price Prediction
As of Jul 3, 2023, MTC’s price is $0.030, representing an increase of 1.8% over the past 24 hours. The 24-hour trading volume is $38,708. According to PricePrediction, the price of MTC is expected to increase considerably over the next decade. By the end of 2023, the predicted price is $0.039, increasing to $0.085 by 2025 and $0.17 by 2027. Looking further ahead, the price is expected to increase to $0.52 in 2030 and $1.12 in 2032.
This forecast of growth is also supported by DigitalCoinPrice, with MTC price predictions of $0.0668 by the end of 2023, $0.11 by 2025, $0.14 by 2027, $0.32 by 2030 and $0.59 by 2032.
Where to Buy MTC
MTC is required to access Metatime’s great features and products. You can conveniently purchase MTC on Bybit through a straightforward, quick process. First, you’ll need to create a Bybit account. Then, fund your account with cryptocurrency and proceed to the MTC/USDT Spot trading page to start trading.
To celebrate the listing of the MTC/USDT Spot trading pair, Bybit is holding a Deposit and Earn campaign in which you can win a share of the 40,000 USDT prize pool. Simply accumulate a deposit volume of at least 1,250 MTC into your Bybit account from now through Jul 10, 2023 to earn 16 USDT. Please note that rewards will be distributed on a first-come, first-served basis.
Please note that this trading pair is only available in the Philippines, Vietnam, Turkey, India and Indonesia.
Is MTC a Good Investment?
Metatime has been developed specifically to target critical downfalls of other blockchain networks, such as security, scalability and speed. More than that, it offers numerous products through easy-to-use interfaces so the average user who lacks extensive experience can participate and benefit. While some products have recently been released, many others are being developed.
With products scheduled for release throughout the remainder of the decade, Metatime is still in its infancy. While there are no guarantees that crypto prices will rise, Metatime is well-positioned for growth. In addition, the current token price is affordable, so it’s possible to purchase a large quantity of MTC without breaking the bank. Before deciding to invest in MTC tokens, conduct thorough, independent research to ensure that you fully understand your investment.
Closing Thoughts
Metatime is a next-generation blockchain network that resolves the speed, scalability and security issues that have plagued other networks in the blockchain world. At the same time, it’s already introduced numerous products that appeal to the average user, with more products being being developed. Take time today to learn more about Metatime’s current and upcoming products and applications.
#Bybit #TheCryptoArk
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