Frequently Asked Questions
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META 1 Coin has defined a path to the new systems of abundance and equity by combining crypto technology with stable, high performing assets. Precious metals bonds are the securities for META 1 Coin. The result is an appreciating Asset Backed “Smart” Private Digital Currency.
There is a fixed number of META 1 Coins, therefore as the asset portfolio appreciates and expands, the coin value increases. META 1 Coin is valued by asset assignment allowing monetization of securities. META 1 smart contracts are used to assign assets to the coin and this functionality presents great opportunities in facilitation of liquidity, enabling new business possibilities. Smart contracts are unbreachable contracts on the blockchain and META 1 Coin smart contracts are designed to ensure a trend of coin appreciation!
META 1 Coin infrastructure includes a Private Block Chain "META BLOCK", a Private Bank and Exchange. This will allow unencumbered transactions as well as superior liquidity and security. The coin, the exchange, and the private bank together, create a financial ecosystem in favor of the people, not the banks.
META 1 Coin + META EXCHANGE + META INVESTMENT BANK = METANOMICS
Cryptocurrency is the money of the future. However, there is a missing link between the old and the new money system. Because Bitcoin and most other crypto currencies are not tied to hard assets, their value is based on speculation and unestablished consensus. Which lends itself to substantial swings in value. History shows us that non-asset backed currencies are subject to manipulation, inflation, and collapse.
What happens when you combine the highest performing, most stable asset classes, with crypto technology? You get an Asset-Backed “Smart” Digital Currency that appreciates in value.
Besides creating an asset backed currency, META 1 Coin has an infrastructure that is far beyond anything else in the crypto market and puts META 1 Coin in a class of its own.
META 1 has built their own decentralized full-service trading platform. META EXCHANGE provides members with the ability to buy and sell major crypto and fiat currencies. META Vault Association makes META 1 different from the other cryptocurrencies allowing members to store wealth privately and securely. META Vault Association is a powerful tool used to transact in commerce freely and privately. META Vault Association offers superior liquidity and security to coin holders. The METANOMIC evolution is here.
There are three main variables that influence coin value.
The first is asset appreciation. Asset values will be tracked by a data feed from reputable institutions. That information will be embedded in the blockchain.
Secondly, the value from NEW assets are assigned to the 1 Billion META 1 coins, increasing coin value.
The change in coin value from the first two variables is applied to the coin using smart contracts.
The third component is Market Appreciation Value. Trading volumes, supply, and demand within the exchanges will affect the META 1 Coin value. META 1 Coin has already experienced positive market response and all indicators say it will increase in popularity quickly. As the coin value goes up from the positive market responding, META 1 adds assets to the coin further increasing the coin value.
Smart contracts, simply stated, are a set of rules applied to a coin. They are unbreachable contracts on the blockchain. META 1 uses several smart contracts. One of the contracts is used to assign the value of the new assets to the coin incrementally over time, to avoid a spike in coin value. META 1 Coin is for human beings and a smart contract is used to prevent large corporations from acquiring the coin.
META 1 Coin uses smart contracts to establish an upward trajectory in coin value. For example, there is a contract that prevents the coin from being sold for less than the asset value. The result is an upward trend algorithm that continues as the assets expand and appreciate.
There is a new evolution in finance. Blockchain and smart contracts have made way for an abundance based currency. By using smart contracts, META 1 Coin establishes a minimum coin value that is associated with the current asset value. Assets appreciate and when new assets are assigned, the result is an upward trajectory in coin value.
Contract number 6 demonstrates this effect. The rules say that the coin value associated with the current asset value determines a minimum coin value. For example, 2 billion dollars in assets equates to a coin value of $44.44, and applying contract #6 means the coin value cannot go below $44.44, but it can go up. As the META 1 asset base grows, the coin value increases proportionally. The rules in contract #6 mean that the coin value will not go below the new ‘higher’ minimum value. This upward trend algorithm continues as the assets expand and appreciate.
META EXCHANGE is a decentralized full-service trading platform providing members with the ability to buy and sell major crypto and fiat currencies. META EXCHANGE provides the necessary support modules for META Trader 5 used for the Forex and Exchange markets.
META EXCHANGE is fast and fluid and can handle the trading volume of the NASDAQ while settling orders nearly instantly. The Bitshares technology was used to create the META EXCHANGE platform and META gateways allow integration to major crypto markets including Bitcoin, Ethereum, LiteCoin, EOS and many others.
META 1 Coin is secured by a diverse mix of assets including gold mines, bars, bonds and other precious metal securities. The Gold asset class brings stability as well as a high level of scalability due to the ease in which it can be assigned to the coin. All indicators and experience have shown that the market response will result in a substantial rise in coin value and gold assets can easily and efficiently be assigned to the coin which supports a strong upward trajectory in coin value. META 1 Coin has combined a mix of gold assets to perfect and optimize this financial instrument.
