Metal DAO
Current price
$0.2750
−6.14%24h
LiveUpdated 28s ago
TodayMetal DAO drops 6.1%, trailing the market.
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View as table
| Time | Price |
|---|
Change by period
- 1 hour−0.22%
- 24 hours−6.14%
- 7 days−9.69%
- 30 days−4.78%
- 1 year−46.89%
Metal DAO's move in context
Lagging the market today
−6.14% today against −3.27% for the market as a whole, a gap of 2.9 points. Small gaps like this are common, so they don't point to anything specific.
Part of a slide
−9.7% over 7 days and −4.8% over 30 days: the recent move continues the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
About Metal DAO
Overview
Metal DAO is a decentralized autonomous organization designed to facilitate and promote the use of cryptocurrency for everyday transactions. Its core mission is to create an accessible ecosystem for individuals and businesses that empowers users by providing a seamless, efficient way to transact and manage digital assets. Unlike other cryptocurrencies, Metal DAO emphasizes community engagement and governance, allowing its users to have a say in key decisions, which fosters a sense of ownership and responsibility. A distinguishing feature of Metal DAO is its user-friendly platform that simplifies buying, selling, and using cryptocurrency, making it appealing to both seasoned investors and newcomers alike.
Technical Features
Metal DAO employs an innovative proof-of-stake (PoS) consensus mechanism, which is designed to enhance network security while being energy-efficient compared to traditional proof-of-work systems. The security model of Metal DAO is robust, utilizing advanced cryptographic techniques to safeguard user transactions and data. Its network architecture is structured to support fast transaction processing and high scalability, ensuring that it can handle significant demand without compromising performance. Metal DAO also incorporates unique algorithms for transaction verification and block production, which not only ensure the integrity of the blockchain but also contribute to the overall decentralization of the network.
Use Cases
Metal DAO serves a multitude of important use cases across various sectors. In decentralized finance (DeFi), it acts as a means for users to lend, borrow, and earn interest on their cryptocurrency holdings, providing a more inclusive financial environment. The platform also takes a pioneering role in governance by allowing token holders to propose and vote on changes, ensuring that the community has a direct impact on the evolution of the organization. Additionally, Metal DAO supports non-fungible tokens (NFTs), cross-border payments, and smart contracts, further broadening its applicability in today's digital economy. These features enhance the versatility of the cryptocurrency, making it suitable for a wide range of financial activities.
Development Background
Metal DAO was founded in 2017 by a group of blockchain enthusiasts and financial experts who aimed to create a more user-centric approach to cryptocurrency. The organization has received support from notable contributors and partnerships, which have enriched its development and expanded its reach. Important milestones include the launch of its native token, strategic collaborations with other blockchain projects, and continuous upgrades to its platform. Since its inception, Metal DAO has seen significant growth in its user base and has established its reputation in the crypto community.
Community and Ecosystem
The Metal DAO ecosystem is built on a foundation of community participation and collaboration. A vibrant community of developers, users, and investors actively contributes to the growth of the platform, which is supported by various initiatives that aim to foster innovation and inclusivity. The organization has developed partnerships with key players in the blockchain space, creating synergies that enhance its capabilities and reach. Numerous applications and projects are built around Metal DAO, including wallets, exchange platforms, and dApps that utilize its technology, forming a lively ecosystem dedicated to the advancement of cryptocurrency.
Future Potential
Looking ahead, Metal DAO has significant potential to impact the cryptocurrency landscape positively. With its innovative technology and focus on usability, the organization is poised to tap into the growing demand for decentralized financial solutions. Upcoming features indicated on its roadmap include enhancements in transaction speed and reduced fees, as well as increased functionalities for smart contracts. As the market continues to evolve, Metal DAO is well-positioned to adapt and lead efforts in creating a more decentralized and accessible financial ecosystem for users worldwide.
Metal DAO market
- Position by market cap among the coins we track.
- #299
- Position by market cap among the coins we track.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $25.68M
- Price × coins in circulation. It measures a coin's size, not its quality.
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- Low $0.2726High $0.2947
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- $17.03
- Now 2% of itReached 21 Jun 2018 · Needs +6,093% to get back
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- Coins that exist now and can be traded.
- 93.4M MTL
- Coins that exist now and can be traded.
- The most coins that can ever exist. Some coins have no limit.
- No limit listed
- The most coins that can ever exist. Some coins have no limit.
Metal DAO converter
1 Metal DAO = $0.2750
