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Cryptocurrencies: 3,834 Market Cap: $1,735,169,944,573 24h Vol: $149,511,281,982 BTC: 45.86% ETH: 17.73% USDT: 3.58% ETH Gas: 0 gwei

Meter

Blockchain

Meter is a global currency that maintains long-term, stable purchasing power and can’t be censored or manipulated by third parties. The Governance Token MTRG is used to validate transactions via Proof of Stake and participate in the governance of the Meter network.

IEO Details
IEO Start:
15 Jul 2020
IEO End:
15 Jul 2020
Launchpad:
Hardcap:
600,000 USD
Token Price:
0.5 USD
Total Supply:
40,000,000
IEO Supply:
12,000,000 (30%)
Accepting:
GT
Whitelist/KYC:
KYC
Country:
United States
Coin Details
Ticker:
MTRG
Consensus
PoW + PoS
Open Source
Yes
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Meter MTRG Rank 615
$2.00 (10.27%)
0.00004719 BTC (8.61%)
0.00076102 ETH (2.84%)
1 BTC ≈ 21,191 MTRG
1 ETH ≈ 1,314 MTRG
MTRG
USD
Market Cap:
$14,720,135
Diluted Market Cap:
$80,000,000
Volume 24h:
$315,107
ROI (USD):
300% / 4.00x
ATH:
$9.14
ATH Date:
12 May 2021
From ATH / To ATH:
-77.32% / 357.00%
Circulating Supply:
7,068,798 MTRG
Total Supply:
40,000,000 MTRG
Loading data from server...
Change USD
1h -1.06%
24h 10.27%
7d 3.70%
30d -22.92%
1y 80.49%
Change BTC
1h -1.91%
24h 8.61%
7d -16.41%
30d -38.84%
1y -51.77%
Change ETH
1h -2.72%
24h 2.84%
7d -13.87%
30d -37.76%
1y -76.23%
ROI Calculator
MTRG
ROI x1

Amount -
Price $2.00
Market Cap $14,720,135
Diluted Market Cap $80,000,000
Meter (MTRG) is a cryptocurrency, the latest Meter price is $2.00, up 10.27% in the last 24 hours. Meter market cap is $14,720,135 with a 24h volume of $315,107. It has a circulating supply of 7,068,798 MTRG and a total supply of 40,000,000 MTRG. Meter reached it's all time high on 12 May 2021 when it was trading at $9.14.
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Meter is a stable cryptographic virtual currency that functions in all three capacities of a currency, particularly as a unit of account and medium of exchange. Meter creates a stable reference of value for the cryptocurrency world by linking to values from the physical world. It is built on the same decentralised, permissionless, and autonomous principals as Bitcoin and Ethereum but the currency supply is designed to automatically expand or contracts with changes to the underlying economy such as the number of dApps and fluctuations in their usage. Meter’s value in effect is neither deflationary nor inflationary in the long run.


Why Meter is Better Money
Meter is a Layer 1, permissionless, low-volatility currency without collateral, oracle, or regulatory risk.

  • Fully Decentralized
    Anyone can create Meter through Proof-of-Work mining, but no one can manipulate it. Thus it avoids counterparty and regulatory risk.
  • No Collateral Needed
    Collateral is not necessary to create Meter, making it immune to smart contract, collateral volatility, and oracle risk.
  • Fast and Scalable
    Meter processes thousands of transactions per second so transactions are confirmed almost instantly.


How Meter Works

Meter uses an innovative economic and consensus design that separates currency creation (Proof of Work) with record keeping (Proof of Stake). Its value is supported by the price of 10 kWh of electricity, which is more stable in purchasing power than any fiat currency in the world.


How Meter Can Be Used

  • Everyday Payments
    Meter can be used for everyday purchases and payments, such as for your cup of coffee, a new shirt, or payments to friends and family across the world.
  • Store of Value
    While governments are devaluing their currencies with continuous printing, Meter maintains its long-term value so you can protect your hard-earned money.
  • Decentralized Finance App Development
    Meter is a programmable Layer 1 infrastructure that can be used as secure medium of exchange for DeFi apps, or as a sidechain for other blockchains to allow value interaction across crypto assets.


The Economics of Meter

  • The Metastable Currency - MTR
    MTR is a low-volatility token that is created via Proof-of-Work mining and is worth 10Kwh of electricity (~$1 USD) in equilibrium.
  • The Governance Token - MTRG
    MTRG is used to validate transactions via Proof of Stake and participate in the governance of the Meter network.

Xiaohan Zhu
Product & Architecture
Involved in 1 project
Young Yu
Architecture & Engineering
Involved in 1 project
Han Simon Zhang
Engineering
Involved in 1 project
David Weidong Shao
Cryptography & Engineering
Involved in 1 project
Altay Sabyrbay
Engineering
Involved in 1 project
Advisors
Shoucheng Zhang
Involved in 2 projects
Andrew Miller
Involved in 3 projects
Jiasun Li
Involved in 2 projects
George Samman
Involved in 1 project
  • Q1 2018
    The Meteor project officialy started.
  • Q2 2018
    Meteor received institutional investment from Pantera, DHVC, GBIC, and others.
  • Q3 2019
    Launch of the first version of the testnet, which allowed PoW mining of the MTR stablecoin.
  • Q4 2019
    Meter opened the WarringStakes testnet to 3rd party validators. It  was the first HotStuff consensus network in the world that was open for public validation.
  • Q1 2020
    The maximum computing power of the testnet reached 16 PH/s, and there were more than 110 verification nodes.
  • Q2 2020

    The code security audit was completed by SlowMist.

    Meter Mainnet Phase 1 launch. It supports permissionless PoW mining. All validation nodes will be maintained by the foundation, EVM access will be limited.
  • Q3 2020

    Launch Phase 1 of Meter mainnet with 15 Foundation-run validator nodes. MTR mining will be fully open. Ethereum Virtual Machine functionality will remain on the testnet.

  • Q4 2020

    Launch Phase 2
    Commence open staking for high-quality validators and MTRG on-chain auctions.
    Develop mobile wallets on Android and iOS platforms.
    Release fully open-sourced code.

  • Q1 2021

    Launch Phase 3 - completely open staking and release EVM functionality on the mainnet.
    Announce Meter Community Developer Program to incentivize developers to build DeFi products, such as loadn, synthetic, and decentralized exchange offerings on top of Meter's public chain.

  • 2021
    Continue to recruit miners and validators to further decentralize the platform. Forge partnerships with merchants, exchanges, and developer platforms to increase the use of MTR and MTRG.
Loading...
 

Rank 615


Meter MTRG

$2.00 (10.27%)
0.00004719 BTC (8.61%)
0.00076102 ETH (2.84%)
Market Cap:
$14,720,135
Diluted Market Cap:
$80,000,000
Volume 24h:
$315,107
ROI (USD):
300% / 4.00x
ATH:
$9.14
ATH Date:
12 May 2021
From ATH / To ATH:
-77.32% / 357.00%
Circulating Supply:
7,068,798 MTRG
Total Supply:
40,000,000 MTRG
1 BTC:
≈ 21,191 MTRG
1 ETH:
≈ 1,314 MTRG
MTRG
USD
Loading data from server...
Change USD
1h -1.06%
24h 10.27%
7d 3.70%
30d -22.92%
1y 80.49%
Change BTC
1h -1.91%
24h 8.61%
7d -16.41%
30d -38.84%
1y -51.77%
Change ETH
1h -2.72%
24h 2.84%
7d -13.87%
30d -37.76%
1y -76.23%
ROI Calculator
MTRG
ROI x1

USD Amount -
Price $2.00
Market Cap $14,720,135
Diluted Market Cap $80,000,000
IEO Details
IEO Start:
15 Jul 2020
IEO End:
15 Jul 2020
Launchpad:
Hardcap:
600,000 USD
Token Price:
0.5 USD
Total Supply:
40,000,000
IEO Supply:
12,000,000 (30%)
Accepting:
GT
Whitelist/KYC:
KYC
Country:
United States
Coin Details
Ticker:
MTRG
Consensus
PoW + PoS
Open Source
Yes
Description
Category: Blockchain

Meter is a global currency that maintains long-term, stable purchasing power and can’t be censored or manipulated by third parties. The Governance Token MTRG is used to validate transactions via Proof of Stake and participate in the governance of the Meter network.

Meter (MTRG) is a cryptocurrency, the latest Meter price is $2.00, up 10.27% in the last 24 hours. Meter market cap is $14,720,135 with a 24h volume of $315,107. It has a circulating supply of 7,068,798 MTRG and a total supply of 40,000,000 MTRG. Meter reached it's all time high on 12 May 2021 when it was trading at $9.14.
Share This Page
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Meter is a stable cryptographic virtual currency that functions in all three capacities of a currency, particularly as a unit of account and medium of exchange. Meter creates a stable reference of value for the cryptocurrency world by linking to values from the physical world. It is built on the same decentralised, permissionless, and autonomous principals as Bitcoin and Ethereum but the currency supply is designed to automatically expand or contracts with changes to the underlying economy such as the number of dApps and fluctuations in their usage. Meter’s value in effect is neither deflationary nor inflationary in the long run.


Why Meter is Better Money
Meter is a Layer 1, permissionless, low-volatility currency without collateral, oracle, or regulatory risk.

  • Fully Decentralized
    Anyone can create Meter through Proof-of-Work mining, but no one can manipulate it. Thus it avoids counterparty and regulatory risk.
  • No Collateral Needed
    Collateral is not necessary to create Meter, making it immune to smart contract, collateral volatility, and oracle risk.
  • Fast and Scalable
    Meter processes thousands of transactions per second so transactions are confirmed almost instantly.


How Meter Works

Meter uses an innovative economic and consensus design that separates currency creation (Proof of Work) with record keeping (Proof of Stake). Its value is supported by the price of 10 kWh of electricity, which is more stable in purchasing power than any fiat currency in the world.


How Meter Can Be Used

  • Everyday Payments
    Meter can be used for everyday purchases and payments, such as for your cup of coffee, a new shirt, or payments to friends and family across the world.
  • Store of Value
    While governments are devaluing their currencies with continuous printing, Meter maintains its long-term value so you can protect your hard-earned money.
  • Decentralized Finance App Development
    Meter is a programmable Layer 1 infrastructure that can be used as secure medium of exchange for DeFi apps, or as a sidechain for other blockchains to allow value interaction across crypto assets.


The Economics of Meter

  • The Metastable Currency - MTR
    MTR is a low-volatility token that is created via Proof-of-Work mining and is worth 10Kwh of electricity (~$1 USD) in equilibrium.
  • The Governance Token - MTRG
    MTRG is used to validate transactions via Proof of Stake and participate in the governance of the Meter network.

Xiaohan Zhu
Product & Architecture
Involved in 1 project
Young Yu
Architecture & Engineering
Involved in 1 project
Han Simon Zhang
Engineering
Involved in 1 project
David Weidong Shao
Cryptography & Engineering
Involved in 1 project
Altay Sabyrbay
Engineering
Involved in 1 project
Advisors
Shoucheng Zhang
Involved in 2 projects
Andrew Miller
Involved in 3 projects
Jiasun Li
Involved in 2 projects
George Samman
Involved in 1 project
  • Q1 2018
    The Meteor project officialy started.
  • Q2 2018
    Meteor received institutional investment from Pantera, DHVC, GBIC, and others.
  • Q3 2019
    Launch of the first version of the testnet, which allowed PoW mining of the MTR stablecoin.
  • Q4 2019
    Meter opened the WarringStakes testnet to 3rd party validators. It  was the first HotStuff consensus network in the world that was open for public validation.
  • Q1 2020
    The maximum computing power of the testnet reached 16 PH/s, and there were more than 110 verification nodes.
  • Q2 2020

    The code security audit was completed by SlowMist.

    Meter Mainnet Phase 1 launch. It supports permissionless PoW mining. All validation nodes will be maintained by the foundation, EVM access will be limited.
  • Q3 2020

    Launch Phase 1 of Meter mainnet with 15 Foundation-run validator nodes. MTR mining will be fully open. Ethereum Virtual Machine functionality will remain on the testnet.

  • Q4 2020

    Launch Phase 2
    Commence open staking for high-quality validators and MTRG on-chain auctions.
    Develop mobile wallets on Android and iOS platforms.
    Release fully open-sourced code.

  • Q1 2021

    Launch Phase 3 - completely open staking and release EVM functionality on the mainnet.
    Announce Meter Community Developer Program to incentivize developers to build DeFi products, such as loadn, synthetic, and decentralized exchange offerings on top of Meter's public chain.

  • 2021
    Continue to recruit miners and validators to further decentralize the platform. Forge partnerships with merchants, exchanges, and developer platforms to increase the use of MTR and MTRG.
Loading...
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