MetaVPad has created a platform on the crypto market that focuses on launching metaverse projects. The metaverse is perhaps the innovative trend that many projects respond to. This makes MetaVPad the ideal partner, which will lead the token sale of these projects in the right direction.
Due to the huge group of new crypto projects, a reliable party is needed that helps these projects on the market. Previously, this was done via an ICO, where the project itself offered its own coin very cheaply, in order to collect capital. With the proceeds, projects can get started with their plans.
However, many ICOs turned out to be a back pull, causing investors to lose confidence in this form of the token sale. In response, exchanges such as Binance launched the tokens to ensure reliability. Later, this token launch was further developed, with various platforms such as MetaVPad taking on this task.
In this article, we dive deeper into the MetaVPad project!
What is MetaVPad (METAV)?
In the crypto market, MetaVPad is one of the launchpads, which launch tokens for new crypto projects. This means that a new crypto project can collect capital by issuing tokens at a very attractive price. The token price in this case is lower than when the cryptocurrency goes on public sale.
Launching coins is called an Initial Offering. There are several forms of this, each of which has its own abbreviation. Below you can find some forms, in which links have been incorporated that lead to more information through specific AllOverCrypto blogs.
- Initial Coin Offering (ICO)
- Initial Exchange Offering (IEO)
- Initial DEX Offering (IDO)
- Initial Farm Offering (IFO)
In principle, all forms of the token issue are the same. The way a token is released determines its naming. For example, an ICO is carried out by the project itself and you can invest, for example, Binance Coin (BNB) or Ethereum (ETH) to have the new tokens of the project in (virtual) hands at an early stage.
When an exchange handles the launch of a token, it is called an IEO. When a decentralized party takes care of this process, the token launch is called an IDO. MetaVPad focuses on taking care of IDOs.
Not every project can just apply for an IDO. MetaVPad focuses on projects that build metaverse projects. The name already gives it away, MetaVPad is a metaverse launchpad. The metaverse has the potential to become the trend of 2022, making new projects that come out on MetaVPad can be very interesting.
MetaVPad is one of the launchpads, which works together with BlueZilla. BlueZilla is a venture capitalist, who takes care of the launches of projects. In addition to the launch, the company also helps the projects with their knowledge and experience. In addition to the promising plans of new projects such as MetaVPad, the partnership with BlueZilla also attracts investors.
The venture capitalist provides advice on marketing, tokenomics, and the product or service, but the BlueZilla network is also used to realize new collaborations. Projects that collaborate with BlueZilla really went through the roof during the launch in the fall of 2021. Several coins saw explosive price increases, such as a 100x in the public sale.
It’s quite ironic that a launchpad itself is also launched. But MetaVPad is not the first launchpad to be launched in collaboration with BlueZilla. Below you can find all projects launched with BlueZilla in 2021:
- KCC Pad
- Katana Inu
- MetaVPad MetaVPad
MetaVpad’s coin: METAV
METAV is an ERC-20 token but also a BEP-20 token, which can be used on Ethereum and Binance Smart Chain (BSC). In addition, METAV is also available on Velas, the lightning-fast EVM blockchain. With 75,000 transactions per second, you can see Velas as a kind of hybrid of Solana and Ethereum.
When you sell METAV, a fee of 10% will be charged. Most of this 10% will go to the other strikers. In total, this is 7.5%. In addition, the remaining 2.5% will be taken out of circulation, which is called burning tokens. This makes METAV a deflationary coin.
You can stake METAV to receive rewards. So these rewards come from the fees from the sale of METAV. In addition to the rewards for staking, this act also brings more benefits to the platform. Striking enough METAV will put you in a tier. The more METAV you strike, the higher your tier and the higher the chance that you can participate in new IDOs.
Below you can see the different tiers, plus the required amount of METAV. To get to the highest tier, you will need to own 180,000 METAV. For investors who participated in MetaVPad’s IDO, it will only cost $180. However, if you have to buy the coins today (December 29, 2021), you will have to invest more than $69,000 in total.
How can you strike METAV on MetaVPad?
In order to put your METAV to work, you will have to stake the coins on the platform. You can easily do this by going to the MetaVPad website and clicking on ‘Staking’. Before doing this, make sure you are on the official site and not being tricked by a scammer.
When you get to the Strike page, you have the option to change your Metamask wallet to connect. After you have done this, you can immediately indicate how much you want to strike. Please note that BNB is required to pay the fees on the Binance Smart Chain. In addition, you will of course have to have METAV in your wallet. You can read a little further on in the blog where you can buy this!
The MetaVPad IDO
Besides launching tokens, MetaVPad has had an IDO itself. Due to the growing popularity of the metaverse, in combination with the successful BlueZilla launches, there was a lot of interest in MetaVPad’s IDO. Investors who were able to participate in the IDO could buy METAV for $0.001 per coin. When the coin entered the public market, it quickly reached the price of $0.444. This made the investment of the relevant investors worth more than 400 times as much in one fell swoop.
At the IDO, 170,000 METAV were spent, meaning MetaVPad raised a total of $170,000. This was the maximum amount the project had in mind, as all available tokens were sold very quickly. After the token was officially released, the price was very volatile but stabilized shortly afterward. This characterizes BlueZilla coins, which never resemble a pump and dump.
In total, there are up to 5,000,000,000 METAV. 40% of this is reserved for the IDO and public sale of METAV. The majority remains in the possession of the team, advisors, and the platform. Because 1% of all METAV is reserved for an airdrop, the other 59% is for MetaVPad.
The Tokenomics of MetaVPad
Where do you buy METAV?
Because METAV is still a fairly young coin, which itself had the IDO at the beginning of December 2021, the coin is not yet available in many places. At the moment you can buy the coin on 5 trading platforms. The most reliable platforms where you can purchase METAV are UniSwap and PancakeSwap.
In addition, the coin is also tradable on DigiFinex, WagyuSwap, and DODO. It cannot be ruled out that METAV can also be traded on other platforms in the future. Especially when the project and the interest in it grows. When you search for the coin METAV on Coingecko or CoinMarketCap under the heading Market the exchanges where METAV can be traded
Suitable wallet for METAV
After you have bought the coins, you must of course store them safely. METAV can be stored in the wallets of Trust Wallet and Binance Chain Wallet, but MetaMask is seen as the most convenient and reliable option. MetaMask can connect you directly to MetaVPad, making it the fastest method to stake your coins on the platform.
In addition to the software wallets, METAV can also be stored on a hardware wallet. This is recommended in most cases since you have the private key in your hands and therefore actually own the coins. The best-known hardware wallet is currently the Ledger Nano S.
MetaVPad price prediction
At the time of writing, the price of MetaVPad is moving sideways. This is because there is little liquidity in the market. Many traders close their positions at the end of the year, for example, due to holidays or tax reasons. However, I think the price forecast for MetaVPad is very rosy.
Fundamentally, MetaVPad has all the ingredients to be successful. The project focuses on a major trend with the metaverse. In addition, MetaVPad has a maximum token number of 5,000,000,000 METAV, which is relatively scarce. This scarcity is mainly interesting because the circulating coins are mainly fixed. After all, you will have to strike to be assigned a tier and to participate in an IDO.
When MetaVPad announces launches of promising projects, there is a good chance that interest in the coin will increase. Due to the limited supply and increasing demand, the price of METAV could rise sharply. Especially when the popularity of the metaverse continues to grow and interesting launches are announced, METAV can be a coin that can go through the roof! Of course, this is my view and not financial advice.
For your own research, which you should always do, you can dig into the charts of other launchpads. You can find previous launch dates on the launchpads website. By viewing this data in the chart of the launchpad, you can get a better idea of the price action around that time.
MetaVPad social media
If you want to stay up-to-date with information and news about MetaVPad, you can follow various social media channels of the project. For example, there is a thread on Reddit, where information can be found and users also come up with information and questions.
Most followers stay up-to-date on the developments surrounding MetaVPad via Twitter. The project has more than 170,000 followers on Twitter. Due to this huge amount of followers, the follower number on Telegram seems much less. More than 87,000 followers receive all the news about MetaVPad via Telegram. Of course, this is also a huge number, even more than the population of Andorra!
In addition to Twitter, Reddit, and Telegram, MetaVPad also uses Medium. Medium is a platform where bloggers are active. Many crypto projects share their developments as a blog via this platform. On Medium, there are 3,800 people following the project. If you like reading articles about projects, this channel could be for you!
The enormous hype surrounding the metaverse can be a great opportunity for MetaVPad. If promising projects are launched via MetaVPad, investors will be only too happy to buy METAV. The collaboration with BlueZilla is also very important for the project. This way you can benefit from BlueZilla’s knowledge and network.