Who issued the Metadium (META) coin?

The Metadium Foundation, established in 2017, issued the Metadium (META) token, a native cryptocurrency utilized within the Metadium ecosystem for transaction fees, staking, and governance.

Jan 07, 2025 at 10:39 am

Key Points:

• Metadium (META) token issued by the Metadium Foundation.
• Blockchain platform for creating and managing decentralized applications.
• Partnerships with various industries, including finance, healthcare, and government.
• Token used for transaction fees, staking, and governance.

Who Issued the Metadium (META) Coin?

Metadium (META) is a native cryptocurrency issued by the Metadium Foundation, a non-profit organization established in 2017.

What is Metadium?

Metadium is a blockchain platform designed for developing and deploying decentralized applications (dApps) across various industries. It aims to bridge the gap between traditional systems and blockchain technology, making it accessible for enterprises and individuals.

Key Features of Metadium:

• Data Marketplace: Metadium's decentralized data marketplace allows users to securely buy, sell, and trade data, incentivizing data sharing and collaboration.
• Permissioned Blockchain: Metadium utilizes a permissioned blockchain architecture, providing customizable security and privacy features for enterprise-level applications.
• Consensus Mechanism: Metadium uses a Practical Byzantine Fault Tolerance (PBFT) consensus algorithm, offering high transaction throughput and finality.
• Metadium SDK: The Metadium Software Development Kit (SDK) provides tools and resources for developers to easily build and deploy dApps on the Metadium platform.

Applications of Metadium:

• Finance: Cryptocurrency trading, supply chain management, cross-border payments.
• Healthcare: Electronic health records, medical research, clinical trials tracking.
• Government: Digital identity verification, voting systems, land registry management.

Token Utility:

The META token is used for various purposes within the Metadium ecosystem:

• Transaction Fees: Users pay META tokens to cover transaction fees on the Metadium network.
• Staking: Users can stake META tokens to earn rewards and contribute to network security.
• Governance: META token holders participate in governance decisions through voting on proposals.

Token Economics:

• Total Supply: 10 billion META
• Circulating Supply: Approximately 2.7 billion META
• Token Distribution: Distributed through an initial coin offering (ICO) and ongoing staking rewards.

FAQs:

• What is the purpose of the META coin?

  • The META coin is used for transaction fees, staking, and governance within the Metadium ecosystem.

• What are the advantages of using Metadium?

  • Metadium offers customization, enterprise-grade security, high transaction throughput, and industry-specific applications.

• Can I buy META coin on exchanges?

  • Yes, META coin is listed on several cryptocurrency exchanges.

• What is the Metadium Foundation?

  • The Metadium Foundation is the non-profit organization that oversees the development and governance of the Metadium platform.