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
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%)
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
Gustav Simonsson
Jim Newsome
Don Tapscott
Vinny Lingham
Don Wilson
William Mougayar