Metronome is the world's first cross-blockchain cryptocurrency, making decentralization possible and delivering institutional-class endurance.
Metronome ("Metronome" or "MTN") is a new cryptocurrency focused on making greater decentralization possible and delivering institutional-class endurance. Metronome builds off the lessons learned from previous cryptocurrencies and optimizes for self-governance, long-term reliability, and maximum portability. Built by BloqLabs and supported by a diverse array of partners and advisors, Metronome is engineered to meet and exceed the high standards of the cryptocurrency community.
As the first cryptocurrency capable of being exported and imported across chains, Metronome will be initially issued on Ethereum with Ethereum Classic, Rootstock on Bitcoin, and Qtum support expected to follow. Such portability will allow users to select the chain that suits their requirements for management and security, or even upgrade the MTN contract if needed. With the main goal of Metronome being a cryptocurrency that is built to last, portability furthers this goal by freeing Metronome from the fate of any one chain.
Metronome will not be controlled by any party after launch not even its authors as it is completely autonomous. Metronome authors plan to continue to help by building an ongoing open-source community to support developers and users, but Metronome authors will have no access or control after the initial auction.
Some cryptocurrencies' mintage is either static or goes to zero over time – like Bitcoin , and Litecoin – raising 1 2 3 questions with economists about their long term viability. Other cryptocurrencies’ token supply is 4 5 hand-stitched together in pre-ICO deals that award certain parties a vast amount of supply, resulting in those parties controlling the majority of tokens. Some cryptocurrencies sell out to certain parties in a pre-sale or private sale, leaving very little to the general public.
Metronome attempts to fix those problems with daily auctions that provide an on-going token supply mintage, ad infinitum. An on-going token supply mintage is theorized to provide sustainability versus other cryptocurrencies whose mintage either is or goes to zero. 6,7 The Metronome team expects that this will also encourage MTN holders to use the many payment features of Metronome. Utilizing those use cases, actually using it as a currency, may help solidify its endurance. The Metronome team also believes that an ongoing mintage also dilutes any potential disproportionate amounts purchased at a given time. Through Metronome, the team believes it is engineering something that is built-to-last. Longevity is Metronome’s main goal.
|Round||Token Price||Bonus||Min / Max Purchase||Soft Cap||Hard Cap|
Initial Supply Auction —
18 Jun 00:00 UTC
25 Jun 00:00 UTC
The starting price in the initial supply auction will be (an intentionally high) 2 ETH per MTN, and it will descend by 0.0001984320568 ETH every 60 seconds toward its floor price of 0.0000033 ETH.
Partnership with New Alchemy formed
Metronome website and Owner's Manual published
Metronome Initial Supply Auction
First cross-chain launch on ETC