Metronome ICO

Metronome

The Built-to-Last Cryptocurrency. Self-Governance. Reliability. Portability **UPDATE - Metronome announced this week the end of their Initial Supply Auction with 26,500 ETH raised. Read more here - https://medium.com/@MetronomeToken/the-end-of-the-initial-supply-auction-2932962bdadb

ICO Details

Status
Past
Starting date
June 18th, 2018
Ending date
June 25th, 2018
Whitelist
No
Token Sale Hard Cap
TBD
Token Sale Soft Cap
TBD
Token Symbol
MET
Token Type
ERC20
Token Distribution
No traditional hard cap or soft cap because of the descending price auction.
10,000,000 initial MTN supply
8,000,000 distributed via public descending price auction, as described in more detail below
2,000,000 distributed to founders as founder retention (20%)
Initial Token Price
1 MET = 1.27 USD
KYC
Yes
Accepts
ETH
Features

Self-Governance
No undue founder influence following launch
Resistant to individual or community influence discord, disagreement, or misinterpretation
Public access to all sale opportunities
100% on-chain, decentralized, and auditable
Auction sale price determined by descending price auction

Reliability
Predictable issuance and token supply
New MET minted daily ad infinitum, at the rate that is the greater of (i) 2,880 MET per day, or (ii) an annual rate equal to 2.0000% of the then-outstanding supply per year

Portability
Cross-blockchain portability allows provable export to and import from different contracts or blockchains:
Provides exit for users from chains for any reason
Further protects the cryptocurrency from management issues and instability
Enables a migration path to future blockchains as the ledger technology platform matures, acting as a key value proposition for the long-term viability of all digital currencies

Core Team


Jeff Garzik
CEO


Matthew Roszak
Co-Founder

Advisory Team


Gustav Simonsson


Jim Newsome


Don Tapscott


Vinny Lingham


Don Wilson


William Mougayar