Metadium

What is Metadium?

As blockchain technology becomes increasingly embraced and incorporated across various sectors, the demand for compliance is on the rise. Leveraging advanced technology and expertise, Metadium's second generation introduces a fresh ecosystem of compliant services and solutions, serving as the conduit to unlock the true potential of blockchain.

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Recent Video Interview

Main points of the interview:

• Addressed concerns about content compared to competitors.
• Ongoing entertainment-related collaborations, noting regulatory challenges and the need for clear agreements before public announcements.
• Confirmed plans to support mobile devices and foreign users, considering various payment methods and login options.
• Plans for additional features post-launch to enhance user experience with NFTs.

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Metadium Ecosystem

META serves as a means of transferring value within the Metadium ecosystem, connecting user experiences, facilitating financial transactions, and functioning as a native token for Metadium governance. The ecosystem comprises users, service providers, and the GOV DApp.

Users engage with services on the Metadium mainnet, utilizing META for transactions and participating in network decision-making through META GOV.

Service providers, onboarded to the mainnet, undertake various projects (e.g., DeFi, culture, social) to offer added value in finance, culture, and commerce services.

The GOV DApp acts as a governance platform, allowing decentralized proposals for Metadium improvement, with additional DAOs (e.g., Treasury DAO, Engineering DAO) supporting ecosystem development.

The Metadium team faces the challenge of achieving significant improvement through continuous user network participation and decentralization.

Key Features

Metadium addresses the 'blockchain trilemma' by focusing on scalability in its smart contract platform, achieving high Transaction Per Second (TPS) for stable service implementation. The platform also incorporates a Decentralized Identifier (DID) authentication system on the blockchain, utilizing Verifiable Credentials (VC) to establish trust for various services. Metadium's DID system has demonstrated effectiveness in government projects and corporate partnerships, showcasing rapid network performance and a unique DID application method. Additionally, Metadium is Ethereum Virtual Machine (EVM) compatible, leveraging Ethereum's user base and infrastructure advantages while offering a smoother network experience and lower transaction costs.

Staking

For anyone aspiring to attain authority membership in Metadium, engaging in Metadium stacking is a prerequisite. This involves sending Metadium while invoking a predefined function in the governance contract at the system level. In the initial stage, completion of stacking alone doesn't confer membership; an official contract with the Metadium Blockchain Foundation and identity disclosure are also required. Staking can exclusively be done through the Governance Dapp, with the minimum and maximum staking amounts subject to change through voting.

The Voting Power is determined by the locked Metadium Staking amount, and whether the Staking is Locked or Unlocked depends on the voting outcome. Metadium that has been locked can be retrieved after the basic locking period through a unlocking vote. Locked Metadium belonging to an authority member will be confiscated as part of the Reward Pool.

The minimum staking quantity for Metadium is 4,980,000 META, as outlined in the white paper, with no upper limit. Currently, BP 1 has 39,840,000 META staked, accounting for 50% of the voting power.

Partners and Investors

List of Metadium's partners/investors: BlockAsset, Hashed, Blueblock, Unity, BitFrost, Ozys, DIF, Kenetic, Chainlink, WeMix, Belivvr, With, Future Sense,...

Metadium Team Background

Metadium was founded by a team of visionaries, including Jeffrey Song, Richard Yun, and Ryan Uhr. Their collective efforts have contributed to Metadium's success in establishing itself as a prominent player in the blockchain space, offering innovative solutions for a more secure and interconnected digital landscape.

Project Development

In the latter half of the year 2023, Metadium achieved notable progress in the development of Decentralized Identifier (DID) technology. As the year comes to a close, Metadium expresses gratitude to its community and takes a moment to highlight key accomplishments from October to December before outlining new goals for 2024.

Summary of Achievements:

• A total of 10,191,291 transactions occurred during the period.
• The creation of 41,912 DID wallets marked a significant milestone.
• The successful application of the Bokbunja hard fork to the mainnet.
• The Metadium Mainnet Explorer underwent renewal following the Bokbunja Hard Fork.
• An upgrade to the staking contract for Metadium Governance.
• Important announcements were made, covering changes in Block Producer (BP) and FeeCollector addresses, staking amounts, and META circulating supply.

Metadium Price Analysis

As of November 25 2024 Metadium has a marketcap of $61M. This is {{percentagefromath}} from its all time high of $0.452667. In terms of its tokenomics, there's a total supply of 2B with 85% currently outstanding. Keep in mind Metadium has a fully diluted value of $71M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.