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Metis Stock

Metis

METIS

Price

6.22
Today +/-
+0
Today %
+0 %

Metis Whitepaper

  • Simple

  • Expanded

  • Experte

Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
BinanceMETIS/USDT14.73150,071.95155,911.67871,440.010.01cex524
ToobitMETIS/USDT14.73148,575.66142,076.03698,800.340.04cex481
MEXCMETIS/USDT14.7260,007.9581,608.1524,909.890.02cex484
XXKKMETIS/USDT14.7455,897.6268,889.68512,160.020.03cex69
CEEX exchangeMETIS/USDT14.72147.1185.16455,166.170.04cex1
CoinUp.ioMETIS/USDT14.7412,888.215,013.74451,318.790.02cex272
BitMartMETIS/USDT14.7332,806.7224,992.99403,314.670.02cex380
VOOX ExchangeMETIS/USDT14.7315,840.4912,541.79402,780.690.07cex89
BiKingMETIS/USDT14.753,157.946,536.16346,819.850.02cex1
OKXMETIS/USDT14.7523,004.8348,117.75346,809.210.02cex429
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Metis FAQ

What is MetisDAO (METIS)?

Metis is an Ethereum Layer-2 scaling solution that addresses the blockchain trilemma, which posits that blockchains cannot simultaneously be decentralized, secure, and scalable. It also seeks to tackle Ethereum's major issues: speed, cost, and scalability. Metis aims to assist developers in creating and managing existing decentralized applications (dApps), as well as supporting developers and entrepreneurs in building and launching new dApps. Additionally, it incorporates the Decentralized Autonomous Company (DAC) framework into its Layer-2 infrastructure to facilitate the transition of developers and businesses from Web 2.0 to Web 3.0.

Who are the Founders of MetisDAO?

Metis was founded by Elena Sinelnikova, Kevin Liu, and Yuan Su in 2019, but the company officially launched on November 17, 2021. Before founding Metis, Elena Sinelnikova initiated other cryptocurrency projects, including the blockchain educational non-profit 'Crypto Chicks' in 2017. She holds a Master's degree in computer science and has extensive experience in blockchain, cybersecurity, software development, and as a full-stack programmer. Kevin Liu brought experience as an investment manager and in strategic development to the founding of Metis. He possesses an undergraduate degree in management and an MBA from the Chinese Academy of Sciences. Yuan Su completed his undergraduate studies in computer science and earned an MBA from the University of Toronto. Following graduation, he worked as a software engineer and manager at IBM until 2019, when he co-founded Metis. He also currently leads development at CaseWare International.

**What Distinguishes MetisDAO?** MetisDAO is characterized by its unique approach to blockchain scalability and usability. With a focus on enhancing the functionality and efficiency of decentralized autonomous organizations (DAOs), MetisDAO aims to provide a Layer 2 solution that optimizes transaction speed and reduces costs. The platform is designed to support the development and management of digital communities, emphasizing collaboration, transparency, and decentralized governance. MetisDAO's innovative features and robust framework make it a standout in the rapidly evolving cryptocurrency landscape. For detailed insights and up-to-date information on MetisDAO's market performance, you can visit Eulerpool for comprehensive data and analysis.

MetisDAO distinguishes itself from other protocols through several unique features. Metis enables users to conduct transactions swiftly and inexpensively on the Ethereum blockchain by utilizing Optimistic Rollups. These rollups consolidate multiple transactions into a single one, which is then processed on the Ethereum network. Its Layer 2 infrastructure leverages Ethereum's security and decentralization, resulting in more cost-effective and faster transactions. While transaction data is typically stored on layer-1, Metis opts to store most of its transaction data off-chain, maintaining only the essential data on its layer-1. This off-chain data is subsequently stored in Memolabs storage by the Sequencer. Compared to a Layer 1 solution like Ethereum, storage on Memo Labs is significantly more economical. In addition, Metis provides a modular framework that allows developers to create and tailor their own decentralized applications (dApps) using Metis' infrastructure.

What is the Metis DAOtribution Campaign?

MetisDAO represents both a Layer 2 scaling solution and a platform designed for developing and operating decentralized autonomous companies (DACs). The MetisDAO Foundation has introduced a grants program aimed at empowering contributors and communities to initiate their DACs on KORIS, known as the DAOtribution Campaign. Through the DAOtribution Campaign, the MetisDAO Foundation offers weekly Kohorts in which qualified applicants can submit grant proposals and receive funding via the Metis token.

### What is the Metis Hybrid Rollup? The Metis Hybrid Rollup is a unique solution in the cryptocurrency landscape, offering an innovative approach to scalability and efficiency in blockchain technology. This platform is designed to enhance the capabilities of Ethereum by providing a layer-2 infrastructure that facilitates faster transactions and lower fees. ### Key Features and Benefits The Metis Hybrid Rollup employs a hybrid approach that integrates optimistic rollups and zk-rollups. This combination aims to optimize the efficiency and security of transactions. With its ability to handle a high volume of transactions, the platform is an attractive option for developers and users seeking reliable scalability solutions. ### Discover More on Eulerpool For a comprehensive overview of Metis, including its market performance, valuation, and relevant metrics, visit Eulerpool. This platform offers detailed insights and up-to-date information to help you make informed decisions about your investments in Metis and other cryptocurrencies.

On March 2, 2023, MetisDAO announced its initiative to construct the "first-ever Hybrid Rollup by merging optimistic rollup architecture with zero-knowledge proofs." While development on the rollup is still in progress, Metis asserts that integrating these architectures will enable the provision of "a secure, developer-friendly Layer 2 for Ethereum developers to deploy various types of decentralized applications."

What Is the Current Circulation of MetisDAO (METIS) Coins?

The tokenomics of MetisDAO (METIS) are structured with a maximum supply of 10,000,000 tokens. In 2021, 49.3% of the total METIS token supply was minted for purposes including the "cold launch," allocation to team members, advisors, and investors, as well as ecosystem and community development. The remaining 50.7% of METIS tokens will be distributed as follows: 4.86% for community benefits (which includes mining), 10% for early-stage Rangers mining, 3% for community development during the upcoming Discovery Age, and 32.84% for transaction-related mining in the forthcoming Discovery Age. For further details, information about MetisDAO can be found on the Eulerpool website.

Where Can You Purchase METIS Tokens?

MetisDAO is listed on leading cryptocurrency exchanges including OKX, BingX, Huobi, Coinbase, BitMart, KuCoin, among others.

Investors interested in Metis are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.