Metal DAO update: MTL Live price, price chart, news and markets

The MTL price update as of now is $0.4074. In the previous 24 hours, its trading volume was $1,437,341, and its value has decreased by -2.71%. As of now, MTL's live market cap is $35,710,985, and it is ranked as the #543 on the Coincu. MTL has a circulating supply of 87,659,735 and a maximum supply of 87,659,735.

Exploring the World of Metal

Metal or MTL, introduced by the Metallicus company through ICO fundraising on June 20, 2017, is the official token used in the Metal Pay payment application.

Metal is a form of cryptocurrency operating on the Ethereum blockchain and follows ERC-20 standards. It enables individuals and banks to easily send and receive money through their mobile devices by utilizing blockchain technology. Metal utilizes a Proof-of-Processed-Payments (PoPP) system to verify users and convert fiat currency into crypto. While it functions similarly to Bitcoin, MTL offers a more user-friendly interface reminiscent of popular payment platforms such as Venmo or Paypal.

Understanding the Functionality of Metal

Metal aims to make transactions accessible to everyday users by providing services through an undisclosed service. This approach encourages peer-to-peer payments to transition away from traditional systems and adopt a decentralized network of crypto payments. With each eligible purchase, users can earn up to 5% MTL or enjoy significant discounts by using the code MTL.

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