Checking Out Metal (MTL)

in bitcoin •  7 years ago 

Metal is a payment processor for transferring digital money instantly anywhere around the globe.

It’s lightning fast and secure. Plus, you can earn rewards every time you send or spend.

Metal considers itself the future of money. As it is now our money, unless you’re holding cash, is just a number on a screen. We take it for granted it will always be there. Metal is actual digital cash in your pocket.

Money in the bank doesn’t do much for us. It generally just sits there. And these days there’s very little interest to be made.

What distinguishes Metal is that it can give you value for your assets beyond just money sitting in a bank account.

Metal recognizes the money landscape is changing. Now we have digital cash, rewards, loyalty points, gaming credits, and others all coming together to form a new ecosystem where you can do more with your money. And Metal is going to be the platform to earn and spend them.

For users Metal is going to be a lot like Venmo or Paypal. But in the background, it’s a blockchain-based system. It uses Proof-of-Processed-Payments (PoPP) to identify users and reward them for converting legacy fiat into cryptocurrency.

Metal believes it can save consumers 4-5% on all purchases. It’ll use those savings to reward Metal users. You can earn MTL for every dollar you spend and get discounts on purchases with MTL.

MTL is an ERC20 token and there’s a total of 66.5 million. Roughly 21 million were distributed in the token sale. Another 26.3 million will be distributed through PoPP. Another 13.4 million is part of the operational pool. And the rest went to the team and investors.

The Metal app is already available. For the rest of 2018 Metal plans on integrating with prepaid debit cards, being accepted anywhere credit cards are accepted, and adding merchant adoption features.

What do you think of Metal? Anyone using the app yet?


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very interessing post thank you for sharing
resteemed and shared in the steemit

Thanks!

@g-dubs I am sincerely hearing of this for the first time ever. Blockchain-based payment system? wow! I'll dig more.

Thanks for the info

OMG a similar play... I like them over MTL.

the more days we are made getting to be ready with the latest stuff in crypto

Excellent friend very interesting and good information great contribution for the community thanks for sharing with us dear friend blessings, if you can support me with a vote greetings

Cheers!

thanks

I really like it

Hey, Do you think its worth it to HODL Bitcoin at the moment? Followed you too

I've never sold any of my BTC... hodl all the away.

Thanks for all the charts and opinion.Upvot and resteem.I appreciate your work..

Awesome, thank you!

Thanks for the great information about "Metal".
Nice to hear that "It’s lightning fast and secure. Plus, you can earn rewards every time you send or spend."
Great to share
Thanks againU5drhG6BNV8vK7pAX8yD1UQBnSJMknm_1680x8400.png

Metal's Blockchain Engineer Jae Yang will be streaming live at this link today, Feb 13 at 7pm PST, for a Blockchain: AMA event hosted by Fintech Silicon Valley

Thanks for the info.

Interesting.. I'll add this to my list of cryptos to watch and perhaps buy

Hey @g-dubs. I am not sure how is this different from btc, ltc or dash? Is it me or did I miss something here?

Metal does not fall into this category. $MTL is a currency on it's own with a wallet that transfers MTLs in a form of payment

You got a 1.06% upvote from @buildawhale courtesy of @g-dubs!
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This post has received a 2.09 % upvote from @booster thanks to: @g-dubs.

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there are many of them I am using uphold , i will try metal also