META 1 Coin is one component among a full suite of offerings from META 1 Coin Trust. We have termed our complete financial ecosystem METANOMICS, which includes META 1 Coin, META Exchange and META Investment Bank. To get a better understanding of these offerings, the following is an overview about each aspect and the elements that comprise them.
META 1 Coin
We acquire a diverse mix of gold, among other assets, and assign them as security for the Private
There is no denying that the world has changed significantly and rapidly during the global pandemic. Personal lives have been dramatically upended, and businesses have been affected in major ways. In a sense, it has brought out extreme polarity of pre-existing forces. Some businesses which were already struggling have failed, while others have prospered faster than expected.
One instance of major positive change during this period was the rapid
There are certain technological advances in history that have dramatically changed the way most people live. The invention of the telephone, automobile, airplane, radio, television, and the internet easily come to mind as game changing advances in recent human history. But there are often technologies that are developed which may not appear as profound initially to the general public. Yet, they have monumental significance in ways that become apparent
It’s no secret that government agencies have had crypto firms in their sights since inception. Between legal actions in a hostile regulatory environment and litigation from private individuals seeking to take advantage of these firms, it has been challenging for newer crypto projects to launch and succeed. Case in point – Ripple, the $10 billion fintech firm known for its XRP cryptocurrency, is now considering a move to London from its San
Bitcoin has had a bumpy ride this year. In March, during the height of coronavirus fears, a market panic and crash led to a dramatic drop in its value to $4644 per coin. Since then, it gained 275% in its price, and bumped up 8% higher after news broke that PayPal would begin accepting Bitcoin. It is now trading above $12,000 per coin as of this writing – its highest price since June 2019.
The last time Bitcoin held onto a price above $12,500 for
This week, on October 19, 2020, US Federal Reserve Chairman Jerome Powell made a statement that may have been missed by many, though it was noticed by some members of the META 1 Coin and cryptocurrency communities. Powell said the Fed is willing to work with the private sector on the possible development and launch of a digital US Dollar, though he emphasized that the US central bank has not yet fully committed to launching one.
At an International
META 1 Coin Trust has announced plans to identify, research and document instances of governmental overreach in cryptocurrency cases globally, as part of its ongoing efforts to advance human rights and individual freedom.
According to Robert P. Dunlap, Executive Trustee of META 1 Coin Trust, “The malicious attacks on crypto projects globally by overzealous government agencies must be documented and publicized to protect the individual liberties
PayPal announced last week they will begin allowing users to buy, hold, and sell crypto on its network, as well as shop using digital currency. The company also plans to expand these features to Venmo as well. They are waiving service fees when buying or selling cryptocurrency through December 31, 2020, and there are no fees for holding cryptocurrency in a PayPal account.
According to their website, the move was motivated by the wider adoption of
META 1 has developed a series of Smart Contracts to assign and verify assets on the META Blockchain and to ensure all aspects of operations are executed properly. Smart Contracts, simply stated, are a set of rules applied to a cryptocurrency coin. They are unbreachable contracts on the blockchain.
META 1 Coin is unique among cryptocurrencies because of the way its Smart Contracts validate transactions on the blockchain and provide stability. META
In Part 1 of this two-part article series, we defined Smart Contracts and examined three important contracts that are part of META 1 Coin. Now, we’ll continue our explanation of the remaining Smart Contracts that are responsible for the operations and stability of META 1 Coin.
Smooth Allocation Smart Contract
The Smooth Allocation Smart Contract enables newly acquired assets to add value to the META 1 Coin slowly. This Smart Contract facilitates