You are on page 1of 10

METATIP

Whitepaper v1.2

Author or Company YOUR LOGO


Table of Content

Disclaimer 3
Abstract 3
META Asset on Metaverse 4
How it works 5
META Token Introduction 6
META as Global payment 7
Allocation/Supply 8
Token Distribution 9
Use of Funds 9
Conclusion 10

2 Whitepaper www.metatip.org
Disclaimer
The information in this document is subject to change or update
without notice and should not be construed as a commitment by
META token.
This document, and parts thereof must not be reproduced or
copied without written permission, and contents thereof neither
must not be imparted to a third party, nor be used for any
unauthorized purpose.

Abstract
Fiat (money) is simply the signal which most closely mirrors the state of energy
surplus or prosperity. The contiguous and growing stock of money is the sum
total of human prosperity, a reservoir of energy at rest which reflects our ability
to do work in the future. Like energy itself, money cannot be created or
destroyed, but merely conserved.

Throughout the course of history we have seen many attempts at forms of fiat
which have succeeded in being a unit of account, medium of exchange, or both;
but we have never witnessed anything other than precious metals withstand
time as a store of value while simultaneously being a unit of account and
medium of exchange.

Over the course of time, however, in our modern era the rise of blockchain
technology and cryptocurrencies have never been more promising.
Cryptocurrency is a medium of exchange electronically created and stored on
the blockchain in which the use of encryption control is for creation of monetary
units, and verification of funds. Miners confirm transactions. They perform a
process of confirmation without the transaction is not considered legitimate.
Their hard work is rewarding through receiving tokens.

META plans to support unbankable industries and communities where both


individuals and businesses can utilize META tokens with ease. All parties will be
able to send online transactions in an encrypted way which is faster, cheaper,
more secure and convenient.

Whitepaper www.metatip.org 3
META Asset on Metaverse
Metaverse is a decentralized project based on blockchain
technology, which integrates Digital Identity Verification and
Oracle Service Frame concentrating on decentralized services
including Digital Asset Registration, Digital Asset Exchange, Digital
Identity and Value Intermediary.

Metaverse facilitates the running of decentralized code in concurrence with smart


contracts, enabling transparent, secure fast reliable services and payments handling.
Smart contracts are a fundamental element of next-gen blockchain platforms. Single
party manipulation or circumvention is deterred due to the self-executing nature and the
fact that control over the execution of the smart contract is not left up to any one party.
This ensures transparency, speed and trust.

Smart contracts hold a tremendous value and credibility which would enable META token
to become the currency of any business, organization, government or even country.
META tokens represents a digital asset on Metaverse.

Whitepaper www.metatip.org 4
How it works

• Request a transaction
• The transaction is broadcasted to a network of peer-to-peer connected computers
called nodes.
• The process of validation by the nodes is known as algorithms.
• Verified transactions can involve cryptocurrency, contracts, records or other
information.
• They block the data together in a ledger full of transactions after verification.
• The data block is then added to the blockchain and it is permanent; it cannot be
tampered with and secure and successful transaction is completed.

Whitepaper www.metatip.org 5
Meta Token Introduction
META token, built on Metaverse blockchain, has been developed
with the intention of gaining mass adoption via the smartphone
users. It launched via a token sale on December 5th and
represented a unique opportunity.
The cryptocurrency market, once so clearly dominated by Bitcoin,
has become fractured and catalyzed by the introduction of new
thinking and new technology.
META Token represents another vast leap forward; it offers
purchasers the opportunity to become an early adopter of what is
likely to be a significantly dominant cryptocurrency.

Key points of META token includes the following:


• Maximum Supply 100 million, non-mineable.
• Number of Decimals: 0
• Fastest transaction running between 30 to 90 seconds.
• Low cost fee: 0.0001 ETP per transaction.
• META wallet can easily be managed on a smartphone.
• Very fast micro-transactions between different users.
• It relies on Metaverse-built blockchain.
• It has a single-minded development team behind it, with the clear goal to break
into and dominate the mobile currency market.

Whitepaper www.metatip.org 6
Meta Token as Global Payment
META token will create a world-wide legal banking alternative that
is a decentralized blockchain based currency for the dealers.

META token will create simplicity in the wallet for new users as a
catalyst for mass adoption of the blockchain into everyday life.

Practical use cases for META token includes:

• Managing Wealth – People will start diversifying their income, and the crypto
market has no boundaries.
• Medical Marijuana – Any businesses that are directly or indirectly related to face
harsh discriminations from the advertising and marketing agencies due to its
federal status. In states like California (a multi-billion dollar market) the statewide
law will be changing to a recreational use state due to Prop 64. Cannabis is legal
for medical use in 29 states in the United States, and 8 states allow recreational
use. Since the FDIC can shut down a bank, they are very strict about restricting
anything possibly violating ANY federal laws. Leaving the $970M in medical
marijuana sales in California to operate as cash-based businesses leads to theft,
robbery & criminal elements.
• Any business including small companies like coffee shops can incorporate the
META token and create a rewards program that is easily affordable and scalable
for any company.
• Digital Advertising – Consumers have become numb to regular banner ads and
give minimal attention. This is why adding a reward in exchange for engagement
will be the next trend in reward based advertising.
• Converting Charities to Crypto – Since the blockchain is considered incorruptible
as it cannot be tampered with; the funds will be way more accountable,
maintaining transparency and safe storage.
• Travel – Since flights, hotels, car rentals & cruises can currently be purchased
currently using Bitcoin, we can approach major travel websites, travel agents,
travel clubs, meet ups, etc.
• Education – One of the most exciting uses in our opinion is education, being able
to build schools in countries anywhere in the world.
• Hot Topic Augmented Reality – Now that augmented reality is the current catch
phrase, it will spawn lots of technology tailored to the mobile device users who
cannot ignore a give for free!

Whitepaper www.metatip.org 7
Allocation/Supply
• 100.000.000 tokens minted.
• 3.000.000 tokens have been distributed
• The Founders will retain 5% of total coins = 5.000.000
• 95.000.000 will be distributed, purchased or used for remuneration
development.

The price of a quarter of a penny (please round it) will be doubled with every 10
million tokens that are sold (out of the 100 million) until all tokens are exhausted, at
which point we will have a public exchange for trading. NOTE: 5 million tokens will
go to the developer of META token and 4 millions will be used for initial contributors
and developers, the reason why the first round for investors has only 1 million META
token available.

• First round of 1 million tokens trade to investors for $0.0025


• 2nd round of 10 million trade to investors for $0.005$
• 3rd round of 10 million trade to investors for $0.01$
• 4th round of 10 million trade for $0.02
• 5th round of 10 million trade for $0.04
• 6th round of 10 million trade for $0.08
• 7th round of 10 million trade for $0.16
• 8th round of 10 million trade for $0.32
• 9th round of 10 million trade for $0.64
• Final round of ten million we will trade at a rate of 1.28$ per META token.

This will ensure the even distribution of the META asset while maintaining the
weight of the asset, and not allowing any single party to control the majority of
META tokens.

Whitepaper www.metatip.org 8
Token Distribution
• 95.000.000 tokens will be distributed, purchased or used for remuneration for
development.
• 100 META tokens will be given away to all new members who hold at least 1 ETP
until December 31, 2017
• Bounties to receive META tokens will be offered for various contributions to the
company.
• Rewards will be given to users for interaction, contributions and engagement.
• Global internet marketing campaigns to raise awareness – make META token go
viral.
• Approach businesses and reward them with 3% META token just for accepting
META token at their venues, instead of using merchant accounts through banks
or FourSquare type of businesses who charge 3% of their earnings to process
their transactions.
• Perfect to use at concerts or venues that processes between $100.000 -
$300.000 per night. Resulting in expensive micro transactions up to $1000 for
every $100.000 they process.

Use of Funds
• Community support; supporting our members who are working on the
development of the website, app, chat bot, and social networking promotions,
etc.
• Website & App development with interactive user interfaces in order to easily
manage META token accounts from any computer or smartphone.
• Business Development – Building relationships with possible use case leaders
establishing B2B connections.
• Research & Development of cutting edge technologies to increase the user
experience.
• Operations – Covers the costs incurred to maintain a functional system which
includes hosting, management, staffing, infrastructure costs, outsourcing and
other related expenses.
• Legal & Compliance – There are legal costs associated with this new industry
with privacy protection and variable registrations.

Whitepaper www.metatip.org 9
Conclusion
The multiple use-cases that the coin will solve over time provides META token
with intrinsic value through emerging use cases. META token is just simply
10x faster than Bitcoin and 1000x cheaper per transaction. This in turn will
give META token a growing value and as use-cases expand, so will the value of
the asset.

Since we plan to end the distribution rounds at a price of $1.28 that gives a market
cap of $128.000.000.

Investors who are skeptical or not familiar with how cryptocurrencies are valued
should visit coinmarketcap.com in order to get a better overview over the current
market.

Whitepaper www.metatip.org 10

You might also like