The MetisDAO token, known as METIS, has grown 26% because the starting of 2023. The token is presently buying and selling at $20.2, with a most bid of 10 million METIS and a present market capitalization of $89.1 million. The mission will not be extensively identified in the mean time, but it surely has already gained the eye of sure crypto fans as Natalia Ameline, mom of Ethereum creator Vitalik Buterin, is immediately concerned in it.
In brief, METIS is a token of a local Layer 2 blockchain of the identical identify, constructed on Optimistic Rollup and aimed toward popularizing know-how, its mass adoption and initiating the transition of functions and companies to Net 3.0. To attain its objectives, Metis has excessive scalability, extraordinarily low transaction charges, full performance of its Layer 2 protocol and a $100 million ecosystem growth fund.
To this point, Metis’ figures in mainnet, known as Andromeda, are 4.3 million transactions and 95,509 addresses, with a mean each day variety of transactions within the area of 4,000.
Placing decentralization on the head of the desk, the community and blockchain are run by a decentralized autonomous group. On the similar time, MetisDAO has “arms,” certainly one of which is the decentralized autonomous firm (DAC) Genesi, whose head is Natalia Ameline. The event fund talked about above is in actual fact managed by Genesi DAC, which is a form of enterprise capital group.