FINISHED

【MTRG】Meter

Raised：27,439,049USDT

Goal：600,000 USDT

Progress：4,573.17%
Start Time 2020-07-15 12:00:00 UTC+8
Close Time 2020-07-15 14:00:00 UTC+8
The goal amount is 600,000 USDT. Actual raised 27,439,049 USDT, Actual raised USDTs are more than goal USDTs. Startup Success!

Contributors Number： 2,272

【MTRG】Meter

Meter is a DeFi infrastructure with a Built-in PoW based stablecoin. It strives to solve the following problems in decentralized finance: 1. Lack of a crypto-native stablecoin without counterparty, oracle and regulatory risks. 2. Slow performance and long confirmation times. 3. Most current DeFi apps are built on Ethereum, which makes it difficult for non-Ethereum assets to develop DeFi applications. Meter employs a unique hybrid consensus protocol that separates currency creation from record keeping. Meter leverages PoW to create a fully-decentralized, low-volatility cryptocurrency that eliminates counterparty, regulatory, and oracle risks typically found with fiat- and crypto-collateralized stablecoins. PoS is used to manage the ledger; validators who hold Meter’s governance token, MTRG, approve transactions. This hybrid system can process thousands of transactions per second, allowing transactions to reach finality in seconds. Meter also functions as a Layer 2 sidechain for other public blockchains to allow value interaction among different crypto assets.

Project Introduction

Founder

Founder

  • Xiaohan Zhu

  • Founder of ZMT Capital. Managing Director at JD Capital. Marketing, Product Management, Strategy, and Engineering at Huawei, Microsoft, Sony, and Motorola.

Requirements for participants

  1. Participant should register on Gate.io and Log in
    |
  2. After logging in, complete user identity verification
  3. Make sure you have enough balance of supported currency for the sale. (no green checkmark, we do not check it.)
  4. Sign the Purchase Agreement on Startup before placing orders.
  5. Waiting for Startup open.(Status:FINISHED)

Support 284.2908975 GT

Obtain 300 MTRG

Total 4000 copies

Attention: Please note that since GT is already listed on Gate.io and trading, the market price of GT will alter. Therefore, the Price of GT in related to the Startup projects will be calculated within 3 hours prior to the sale. The calculation rule is as follows: A specific timestamp within 3 hours before the start of sale will be randomly chosen. Then, a 72 hours average value of GT-USDT on Gate.io before the chosen timestamp would be calculated and referenced as the Startup Price. 1 GT=0.527628571 USDT.

Purchase limit: The individual purchase limit will be calculated based on the average GT holdings 14 days prior to the sale. Users with no GT holdings cannot participate in the sale. Participants can have a higher purchase limit with more GT holdings.

Countries not supported

Afghanistan, Albania, Belarus, Bosniaand Herzegovina, Burundi, Burma, Canada, China, Democratic Republic of Congo, Cuba, Ethiopia, Guinea-Bissau, Guinea, Iran, Iraq, Japan, North Korea, Liberia, Lebanon, Libya, Macedonia, Malaysia, New Zealand, Serbia, Sri Lanka, Sudan, Somalia, Syria, Thailand, Trinidad and Tobago, Tunisia, Uganda, Ukraine, United States of America, Venezuela, Yemen, Zimbabwe.
For users from other countries, please check and make sure your participation in token sale on Startup complies with local laws and regulations.

Risk Warning

  1. The start-up project is still in its initial stage, factors including the operation and underlying technology of the project, and other related regulatory activities might contribute significant risks.
  2. Advanced technical and financial knowledge is required to understand and evaluate the inherent risks of crypto-asset investment.
  3. The volatility of market is high, and the price of token might fluctuate drastically due to technical, regulatory and marketing factors etc.
  4. Users may not be able to withdraw all the purchased tokens due to technical issues of the project or Gate.io.
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