Frequently Asked Questions
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Asset-Backed Private Digital Currency
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 resources are the basis for securities backing META 1 Coin.
The coin has a 4 billion dollar asset portfolio at present which equates to a coin value of $88.88.
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 banks or corporations.
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 assets, with crypto technology? You get an Asset-Backed Private Digital Currency that has a trend of appreciation rather than depreciation.
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 INVESTMENT BANK makes META 1 different from the other cryptocurrencies. MIB is an array of Sovereign Bank charters operating from diverse jurisdictions to transact unencumbered. META INVESTMENT BANK offers superior liquidity and security to coin holders. The METANOMIC evolution is here.
All systems are in place for a successful launch. The META 1 team continues to expand, and teams are working to complete software integration for the Coin, exchange, and private bank. The result is the creation of an entire financial ecosystem that empowers people: METANOMICS
META 1 is executing a soft launch for existing prelaunch coin holders. This phase will be completed by the end of 2nd quarter 2020. A soft launch means that existing coin holders as well as new prelaunch clients will be guided through setting up an account on META EXCHANGE and will be issued a wallet. It is expected that the ‘go live’ date will be 60 days beyond the completion of the soft launch.
During the prelaunch phase, coin holders may experience an increase in coin value due to appreciation AND additional gold assets being assigned to META 1 Coin.
There are three main variables that influence coin value.
The first is asset appreciation. Asset values will be reported and 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 450 million META 1 coins, increasing the coins 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. When assets appreciate and 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 INVESTMENT BANK is the bridge between the traditional banking system and the evolutionary blockchain banking system of the future.
META 1 Coin holders will be sent an email offering them a bank account at META INVESTMENT BANK (MIB). Then the MIB will open up to other clients by invitation. There may be some minimum requirements to become a MIB client. You can sign up to be offered a MIB bank account by using the link to request a META INVESTMENT BANK
META INVESTMENT BANK is an array of Sovereign Bank charters operating from diverse jurisdictions to help facilitate transactions. There is a network of supporting banks that provide a gateway from the private to the public banking network. MIB offers superior liquidity and security to coin holders.
The META INVESTMENT BANK customer portal has all the functionality of traditional online banking. In addition, the client interface provides the ability to buy, sell, and trade META 1 Coin and other digital assets. Users will be able to send and receive digital assets to and from anyone, anywhere in the world nearly instantaneously.
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.
Also, the financial instruments from the Gold resources can be used for high yield commercial trading available to META 1. These trading opportunities provide substantial returns which will further support an increase in coin value and allow additional security and liquidity for the coin.
META 1 Coin Trust operations are to acquire and securitize assets, therefore using them as security for the Private Digital Currency named META 1 Coin.
META 1 Coin Trust is a private trust granted by a Secured Party, Robert Paul Dunlap. Legal Notices have been served to all State and Federal agencies in the establishment of META 1 Coin’s private trust status. The Legal notices establish the legal composition and the terms of the private META 1 Coin Trust including jurisdiction. The SEC and IRS create and enforce public statutes and public policy while the META 1 Coin Trust is “Private.” This starting position is a profound and empowered standing. Moreover, if you were to compare the META 1 Coin Trust versus a state-issued limited liability corporation, the META 1 trust is owned by the Grantor and not the state like the LLC. Therefore, the legal entity is not owned by the state and has different and improved legal requirements regarding META 1 Coin Trust operations.
META 1 Coin is designed to be a Private Digital Currency for Humanity. META 1 Coin Trust status is a crucial part of the establishment of an abundance based economy that is in favor of the people not corporations.
METANOMICS ecosystem empowering people