The market
Blockchain Network.
There have been a whole lot of blockchain platforms introduced to be the best network for other applications to be built on. Each of them claimed to have different features, such as a higher number of deliverable transactions per second, atomic swaps function or quick syncing,etc.
The problem
But none of them above can truly deliver
Blockchain is great but what prevents it far away from the mass adoption is its incapability to deliver a strong foundation for all application to operate seamlessly.
The solution
#metahash came up with the novel consensus called MultiPoS blockchain and a decentralized real-time application platform allowing developers to create products that work smoothly and continuously in real-time just like what the existing Internet is offering while other available blockchains don't.
The #metahash network consists of 4 key elements:
#TraceChain is the #metahash blockchain which is capable of validating transactions within 3 seconds and delivering more than 5,000,000,000 transactions per day.
#MetaApps - as mentioned above, this is the real-time decentralized application that could deliver just like centralized ones and be developed in any programming language, allowing, first, a mass adoption from developers and then from normal users. One reason that makes ETH network still away from being used in the daily life is its new complex computing language which requires more time and effort from coders to learn and master rather than go with what they've had.
#MetaGate is a dual-function element which could be a dApps directory for accessibility to any app with ease while being a multi-purpose cryptocurrency wallet allowing you to store and exchange many of your funds. Developers that want to list their dApps on #MetaGate will be charged with an amount of fee in #MetaHashCoin (MHC)
#MetaHashCoin is the blockchain's native cryptocurrency which is used for every transaction within the network: payment, micro-transactions, data storage, dApps enhancement as well as #MetaGate listing.
There are four main elements to the #MetaHash network. #TraceChain is #MetaHash’s answer to the transaction speed problems facing extant blockchains. It is an automatic self-learning algorithm for signal routing, with beginning speeds of around 50,000 transactions per second. #MetaHash claims that the system is infinitely scalable as the #MetaHash network grows in the number of nodes and processing power.
Team
One thing I notice from this project is that they are very established - well-organized. While other blockchain projects look like they are purely startups in the new areas, #metahash has nicely assembled a group of talented people and got a properly organized company structure to assign the positions accordingly.
The three central figures are all entrepreneurs in their own right, operating companies of their own; these include Gleb Nitkin from AdSniper, Vladimir Nashkin from AdNow, and Anton Agranovsky of Agranovsky IT. Each of these three are listed as MetaHash co-founders.
MetaHash also lists a number of staff members, all of which seem to be separated by company. It seems that the majority of work being done on MetaHash comes from teams repurposed from the co-founders’ own companies, though there are a handful that are listed as being employed directly through MetaHash. Regardless, most of these workers are located in the Russian Federation, and their provided social media links, as a result, are not available in English.
#MetaHash can be thought of as a conglomerate consisting of three different companies and their respective leaders. The first co-founder profiled in the team’s white paper is Gleb Nikitin, founder of automated ad placement system AdSniper. The second is Adnow CEO Vladimir Bashkin, and the third is investment firm leader Anton Agranovsky. The teams behind each respective company all contribute to the development and operation of #MetaHash. Although the project is registered in Switzerland, much of the development team’s collective experience is in the Russian market.
Social Media Presence
Facebook: 19.364 likes with daily updated posts and each of them gets a reasonably fine performance of audience interaction.
Specifically, around 700 likes, 100 comments, and 700 shares each. This is actually something unique that not every other blockchain projects' marketing team could deliver since many of them got their page liked thousands of times but the daily interaction was pretty poor. And don't get me wrong, those comments are relatively genuine and supportive, unlike ones like "good project" or "to the moon". Shout out to #metahash marketing team!
Their bitcointalk announcement thread got fair enough interaction of more than 40 reply pages and over 3300 times read.
They have also left their social footprints on other social networks like Youtube, Medium, Linkedin or even a technical one like GitHub to update their IT development with the crowd. Spreading their digital presence like this is wise enough to be as popular as possible among the cryptocurrency. Yet in such a piere competition with other blockchain projects, they need to improve their performances in these areas to get more attention from the community, which ,I believe, they have already taken into account.
Token Economics — Token sale
Token Symbol: MHC
Price: 1 MHC = 0.0391 USD
Platform: Ethereum
Accepting: ETH, BTC
Softcap: 36,000,000 USD
Hardcap: 36,000,000 USD
Country or Origin: Russia
Restricted areas: Singapore, Socialist Republic of Vietnam, People’s Republic of China, Iran, North Korea, Syria, Sudan and Cuba
Whitelist/KYC: requires KYC
Their goal is to distribute #MetaGate to as many users as possible who volunteer to take part in Forging (as an alternative to Mining), or to make #MetaApps based on #MetaHash network. They aren’t urging you in any way to buy our coins; moreover, I suggest you use a multi-currency wallet and other free services, only buying coins when you need them. #MHC will be available through the store, or you can purchase them from other users, directly or via specialized platforms, once the store supplies are all out.
They received offers for sale of the entire issue of coins to a single buyer, but they rejected those as they aren’t capable with the project’s ideology. So they will provide quotas and restrictions to large buyers while offering no minimum purchase restrictions.
50% of all coins will be distributed through forging in the next 10 years. That is exactly 4,600,000,000 #MHC. These coins can be used to forge more coins using PoS principle – from the Forging rewards pool or from fees paid for network services. So buying the coins at the ICO and selling them right away is the least profitable strategy one can choose.
708,400,000 #MHC (or 15.4% of the total forging pool of all time, or 7.7% of the #MHC total number) will be distributed among the forging participants within the first year after the start. The fewer coins are used in forging, the higher rewards for the participants.
70,840,000 #MHC (or 10% of the reward from the forging pool) will go to those who have #MetaGate active and at least 100 #MHC in their wallet. If you don’t have much money, the best way for you to earn #MHC is to use #MetaGate every day (by launching it on your computer).
637,560,000 #MHC (or 90% of the reward from the forging pool) will go to those who have 100,000 #MHC and more in their wallets.
#MetaHashCoins come with voting rights. They give you equal rights with the project founders to decide the future of the product. That is, once the ICO is completed, #MetaHash becomes public domain, and its destiny is in the hands of all its participants.
#MetaApps will be paying for computer resources, such as CPU time, data storage space and data transmission in MHC. So you can donate your home PC or server idle resources to #MetaApps applications using the #MetaGate, and earn your #MHC that way.
Naturally, many currencies have their unique properties that make their rates more stable against general market fluctuations against fiat currencies.
For #MetaHash it is the demand for #MetaHash coins for forging purposes and for the operation of #MetaApps.
My thought
Registered company -> More legit
MetaHash AG is a Swiss-registered company
Gartenstrasse 6,
6300 Zug Switzerland
Update: #MetaHash has recently opened their EU banking account at East-West United Bank, Luxembourg. Which is not something that a scamming project would do.
Professionalism and complying with international regulations, meaning more credibility.
AML & KYC provided by IDM Global and Eidoo Switzerland
Having a strategic partnership with the famous investor Ian Balina and a full-service blockchain consulting firm called 100X Advisors
Especially, having a confirmed client for their outcome
FINMA has Officially Recognized #MetaHashCoin as the Utility Token
with Payment Functions
Links
Website
Whitepaper
Onepaper
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Author: Bitcointalk username: rueisnax (a.k.a. Vincentle — Le Huu Quang Vinh)
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Disclaimer: Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities.
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