What is METIS coin? Learn what METIS coin is in one minute

METIS Coin empowers MetisDAO's decentralized governance, transaction processing, and staking rewards within the Web3 ecosystem.

Oct 28, 2024 at 03:40 am

What is METIS Coin?

1. Overview

METIS Coin is the native token of MetisDAO, a decentralized autonomous organization (DAO) and blockchain platform focused on bringing AI (Artificial Intelligence) and machine learning to Web3.

2. Purpose and Utility

METIS Coin serves several purposes within the MetisDAO ecosystem:

Governance: Holders can participate in MetisDAO's governance decisions by voting on proposals and shaping the platform's future.
Transaction Fees: Used to pay transaction fees on the Metis blockchain, ensuring network maintenance and security.
Staking: Can be staked for rewards, providing passive income to holders.

3. Technical Features

METIS Coin is an ERC-20 token based on the Ethereum blockchain. It has a total supply of 100 million tokens.

4. Price and Trading

METIS Coin is traded on various cryptocurrency exchanges, including:

Binance
Coinbase
Gate.io
KuCoin

5. Conclusion

METIS Coin is a key component of the MetisDAO ecosystem, providing governance, transaction fee payment, and staking opportunities. Its integration of AI and machine learning sets Metis apart in the blockchain industry. As the platform and its AI capabilities mature, METIS Coin is expected to play an increasingly important role in shaping the future of Web3.

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