Metacoin MTC

Rank ?

$ 0.01719350

Metacoin Price (MTC)

Metacoin to USD Price Chart

What Is the Current Price of Metacoin (MTC)?

As of the latest data, Metacoin (MTC) is trading at $ 0.01719350, which has increased by +0.00% in the last 24 hours. Its market capitalization is currently ranked at #1, with a value of $ . The trading volume for Metacoin over the past 24 hours has been 318.9.

What Is Metacoin (MTC)?

Metacoin (MTC) is a cryptocurrency that operates on its own mainnet, built using Hyperledger Fabric, which is a permissioned blockchain infrastructure providing a foundation for developing applications or solutions with a modular architecture. Metacoin aims to support and fund potential business models through Meta Token ICOs, with an emphasis on actually runnable services. It signifies a move toward integrating blockchain technology with practical business operations.

Who Is Behind Metacoin?

The Metacoin project is handled by a team that is committed to expanding the usability of blockchain in real-world business scenarios. While specific names of the founders or team members aren't provided here, it is the collective effort of this team that supports Meta Token ICOs and propels the project forward.

How Does Metacoin Work?

Metacoin works by leveraging the capabilities of the Hyperledger Fabric to offer a stable and efficient infrastructure for transactions and application development. Through its network, Metacoin supports the launch and funding of ICOs for businesses that propose viable and operational models. Once these ICOs are funded, the MTC ICO members can then move their MTC to the exchange once the lockup period is released, facilitating liquidity and trading.

What Makes Metacoin Unique?

Metacoin's use of Hyperledger Fabric makes it stand out as it focuses on being a platform that's not just a mere currency but also a facilitator for business applications. This dedication to supporting actual business services through blockchain technology sets Metacoin apart as a project that prioritizes practical and applicable solutions over theoretical or speculative use cases.

How Is Metacoin Network Secured?

Metacoin leverages the permissioned blockchain model of Hyperledger Fabric, which is recognized for its enhanced security and performance. Fabric's security model allows for the creation of a network of known participants, which is arguably more secure than public blockchains. This structure can provide privacy and confidentiality for transactions while maintaining the other benefits of blockchain technology.

How Many Metacoins Are in Circulation?

The circulating supply of Metacoin (MTC) is currently , and this number changes as more tokens are released and traded. The total supply of MTC available is 2.0B, indicating the maximum number of tokens that will ever exist.

What Is Metacoin's Role in the Token Economy?

Metacoin (MTC) aims to play a pivotal role in the token economy by supporting businesses with potential for success through their ICOs. By assisting these companies in raising funds and providing a platform for their operations, Metacoin helps to expand the scope and adoption of blockchain technology in various business landscapes.

Where Can You Buy Metacoin (MTC)?

Metacoin (MTC) can be purchased on the Liquid, Bittrex exchange, which supports the movement of MTC from ICO participants to a more public trading environment. Potential investors looking to acquire Metacoin can do so by setting up an account with the exchange and participating in the market.

How Can You Store Your Metacoin Safely?

Storing Metacoin safely involves using a compatible wallet that supports the Hyperledger Fabric-based tokens. Investors must ensure they choose a reputable and secure wallet, practice good security measures like keeping private keys private, and keep backups of their wallet information in case of hardware failure or loss.

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