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MetaBase Token Eco System

MetaBase has a complete ecosystem. As one of the core elements of the DAO economic system, META platform currency is an important incentive tool for the MetaBase community.

All users and nodes that contribute to the community and generate performance will receive corresponding META rewards.

At the same time, users who use and enjoy platform services will need to pay a certain amount of META platform currency.

There are three main destinations for the payment of platform coins:

  1. Rewards to nodes and users.

  2. Transfer to the community ecological fund for repurchase or destruction of platform coins.

  3. Destroy directly.

MetaBase Token Issuance

The symbol of MetaBase Token is META, with a total circulation of 500 million.

META is issued in Heco in the early stage, and the platform currency issued in other chains in the middle and later stages will follow the principle of "fixed total amount or deflation" and dynamically balance the assets of each chain.

META Issuance Route

META issuance follows the following timeline:

  1. Growth Period: In the early stage of platform development, only a very small amount of platform currency is circulated, which is used to screen high-quality projects and balance the community ecology.

  2. Development period: Issued by META IDO, crowdfunding for institutions and users. The community chooses the appropriate lock-up strategy according to the issuance situation.

  3. Early release: At this time, the platform should develop to the level of stable revenue, have a certain repurchase ability, and release some META in an appropriate amount. The release method is mainly by transaction mining, ecological incentives, etc.

  4. Mature period: After at least two years, the platform will enter a stage of rapid prosperity, and some tokens can be unlocked linearly according to the team and organization's unlock plan.