Metal is a blockchain-based system using Proof-of-Processed-Payments to recognize users, compensating them for transforming legacy fiat currency into cryptocurrency, working as a bridge to the cryptocurrency world.
WHAT IS METAL (MTL)?
Metal (sym. MTL) is an open source, peer to peer, decentralized cryptocurrency which utilizes Proof of Processed Payments (PoPP) protocol to authenticate transactions. It is comparable to the famous cryptocurrencies like Bitcoin but offers a much more natural front end and rewards the users for using Metal.
METAL (MTL): HISTORY
Metal was published by Metallicus Ltd, a Hong Kong-based organization. The team of Metal consists of Andy Goldstein, Oscar Munoz, Madisyn Li and Marshall Hayner. The first crowd-sale took place on 9th June 2017. In Spring 2017, a Beta version of the currency was released. In summer of 2017, significant updates took place on the network which saw the initiation of Metal Bank and Metal prepaid/debit cards. In Fall 2017, Shopify style integration and NFC features were made public during another significant update.
HOW DOES METAL (MTL) WORK?
A mortgage platform is used in conjunction with know the user’s customer identification system. The results in the formulation of a shared cryptocurrency system using proof of concocted payments (PoPP) that operate using Ethereum blockchain. Additionally, Metal plans use a system which makes use of specific payments that combined to verified identifications for distributing currency. Another characteristic is that anyone can participate and earn Metal as a kind of compensation for switching over from their legacy currency to crypto-currency.
HOW TO BUY METAL (MTL)?
Buying MTL is a two-step process. First, head over to Coinbase and purchase Bitcoin or Etherium which accepts debit or credit card. If Coinbase is not available in your jurisdiction, view our list of markets that sell BTC or ETH for Government issued money. Next, transfer your newly purchased BTC or ETH from your Coinbase wallet to one of the exchanges like Cryptopia/ Binance/ Huobi. The user can store the coin in MyEthernet Wallet/ Ledger Wallet.
METAL (MTL) PRICE PREDICTION 2018.
According to our prognosis, MTL is a lousy long-term investment option. If the user is looking for virtual currencies with a good return, Metal is a bad option. MTL price equal to 5.280 USD at 2018-03-07. According to forecast in one year the price will lower down to 0.949 USD. So if the user invests in this, it will be devalued in future. Metal price today is $5.280 and have the current supply of 22,242,464 MTL. The market cap value is $117,319,657, and the volume is marked as $13,595,600.