MTL

1. Project introduction

Metal is a blockchain-based system utilizing Proof-of-Processed-Payments to identify users, rewarding them for converting legacy fiat currency into cryptocurrency. It is a system similar to bitcoin but with a user-friendly interface and front-end that is similar to Venmo, Square or PayPal. Metal can act as a bridge to bitcoin or any cryptocurrency available.

Metal believes cash only businesses can benefit by adopting cryptocurrency as a new form of cash, as cryptocurrencies possess many of the same properties particularly around privacy, censorship resistance and fungibility. Metal proposes a system utilizing provable payments attached to verified identities to distribute currency.

2. Team introduction

CEO: Marshall Hayner

Linkedin: https://www.linkedin.com/in/marshallhayner/

CTO: Glenn Marien

Linkedin: https://www.linkedin.com/in/glenn-marien/

3. Application and distribution

Token application:

(1) Incentives and payment;

(2) Discounts for Metal merchants;

(3) Discounts for customers paying with MTL.

Token Distribution:

Legal: 18%

Development: 40%

Marketing：15%

Operational：17%

Reserve：10%