Tokenomics
- MetaRing: A node staking token, with the aim of providing not only lifetime passive income but also to become the first and only node token to get into Metaverse.
- Name: MetaRing
- Symbol: mRING
- TYPE: Will be decided after poll results vote now
- Decimals: 18
- Original Supply: 10,000,000
- Total Community Tokens: 8,000,000 (80%)
- Total Team and Shareholder Tokens: 2,000,000 (20%)
- Liquidity Locked: Will be locked for 10 Years.
Node operation & distribution
To create a node you will need 200 $mRING. The distribution is as follows: 140 $mRING to the reward pool, 40 $mRING to the liquidity pool, 10 $mRING to be BURN and 10 $mRING to the team.
There will be no limit to the number of nodes you can create per wallet. You can create as much as you want.
Security
We are aware that on some node protocols there have been security breaches. We have fixed them so you don’t have to worry about that.
Also, what about your security ?
We decided that our smart-contracts will be audited and we will ask from community which audit firm to choose for this purpose. The liquidity will be locked for 10 years and 80% of the team tokens will be locked for 15 days.
We know that there are lot of rug-pulls in the OHM-Fork and Node Protocols world, but our goal is to become the biggest one, in long term.
What does set us apart from other protocols ?
There are tons of protocols launching everyday and choosing the right one is the most difficult.
But why would you invest in Meta Ring and trust us ?
First, we will offer the best yield Node Protocol, that’s already a good point. Then, we will focus mostly on our community. A community makes a project, so we have to listen to them, let them give their opinions and we will do multiples polls for different choices in the future. But that’s not all, there will be an NFT collection. More details to come, but to sum up, NFT will give access to token airdrops and increased yield for the Nodes you own. Stay tuned…
Whitelist Information
All information about our Whitelist is available on our Discord, but all you need to know is that it’s gonna be very exclusive. There won’t be more than 200 WL spots, and it will be a very privileged role and spot to have.
Participants in the pre-sale will have access to the entry price of the token:1 $mRING = 1 $MIM.
The goal is to raise $222,222 through the pre-sale to ensure a stable price of the token. If the goal is not met within 24 hours, everyone will be able to participate in the pre-sale to complete the goal. The people who will be Whitelist will have access to a Whitelist of $1,111. After that 70% will be used to add liquidity, 20% will be given to the team and 10% will be given to marketing the project.
The people who participated in the presale will have access to 20% of their tokens each day so that after 5 days they will have recovered all of them. An airdrop will take place for those who have made nodes with the tokens that have had during the presale.
Fees
The mRING protocol generates revenue to be used for technical operations via transaction fees. These small transaction fees are added throughout the protocol for activities such as staking, unstaking, claiming, and registration.
On the Roadmap
While some initiatives cannot be disclosed due to potential competitive risks, here are some upcoming initiatives.
- Expansion of NaaS and ByoN to support Ethereum 2.0, Bitcoin, and other protocols
- A Node Balancer providing services similar to Infura that will Increase rewards by monetizing nodes
- Multiple nodes per wallet
- NFT gamification and marketplace
We will continue to give you details about the launch on our networks.Follow our official Discord and Twitter for more information…
