BOCA RATON, Fla., Oct. 19, 2020 /PRNewswire-PRWeb/ -- META 1 Coin Trust is finalizing preparations for the upcoming public launch of its asset-backed cryptocurrency known as META 1 Coin. Unlike other popular cryptocurrencies, META 1 Coin is secured by a gold-backed reserve to facilitate stability and help reduce the potential impacts of speculation and volatility.
This public launch follows a recently successful Private Coin Offering (PCO) that generated substantial interest from newcomers, as well as longtime members of the cryptocurrency community.
To support its growing footprint, META 1 has built front and back-end technology systems to enable a seamless user experience for the projected high demand that is anticipated from the global marketplace. Its ecommerce and blockchain systems are nearing completion in the weeks ahead. Once these elements are ready, META 1 will be set-up to offer META 1 Coin online to the general public.
Unlike traditional investments which are often bought and sold by large institutional investors, all transactions of META 1 Coin will solely be limited to individuals. As a socially conscious enterprise, META 1, its founder Robert P. Dunlap and team including Nicole Bowdler, are dedicated to advancing human rights and driving abundance for individuals instead of further enriching large corporate and institutional entities. Furthermore, META 1 Coin is inspired by the legendary women & men who have changed the course of humanity for the better.
According to META 1 Coin founder and Executive Trustee Robert P. Dunlap, "Corporations and non-living entities are not permitted to buy META 1 Coin since it is a coin designed for humanity and needs to stay in the possession of human beings."
He added, "We see especially during challenging financial times such as these just how important it is to ensure that individuals are empowered to build wealth, instead of further concentrating wealth in the hands of institutions. It is my sincere hope that META 1 Coin becomes a change agent in the world for the common good."
To ensure the company is contracting with individuals versus non-human entities, the company pioneered a streamlined Secured Party Creditor (SPC) process for all META 1 Coin holders. META 1 also creates a Private Irrevocable International Trust for all coin holders to facilitate asset protection under an internationally recognized legal arrangement known as the META 1 Coin Private Jurisdiction.
The trust follows a global, multijurisdictional approach to asset protection which is normally a costly endeavor for individuals to execute independently. This trust is completed as a courtesy for a nominal filing fee for all META 1 Coin holders and is accessible thanks to an efficient process developed by META 1.
META 1 Coin distinguishes itself further from other prevailing cryptocurrencies by its gold-backed reserve which has been allocated to a fixed number of META 1 Coins. As the fund appreciates and expands, the coin value may increase in value. Trading volumes, supply, and demand within exchanges will also affect META 1 Coin values.
META 1 Coin infrastructure also includes a private blockchain known as "META Block," a private investment bank and exchange allowing unencumbered transactions as well as superior liquidity and security. "The coin, exchange and private bank together create a financial ecosystem in favor of the people whose trust we've worked tirelessly to earn," said Dunlap.
METANOMICS is the name the company has given to the complete financial ecosystem using blockchain technology to enforce equity, honor and fair trade. The intentions of the META 1 Coin Trust executive team are to create a platform that is capable of delivering unprecedented abundance to META 1 Coin holders.
META 1 has also developed a series of seven Smart Contracts to assign and verify assets on the META Blockchain and to ensure all aspects of the operations are contained and executed properly. Smart Contracts are logical processing elements within the META 1 Blockchain.
The current META 1 Coin Price is $88.89 based on assets that are presently assigned. META 1 Coin starting value was $22.22 and has increased 400% in the private offering. Based on the asset assignment and Smart Contracts, META 1 can never be sold for less than asset value.
META 1 Coin's Total Asset Value is the sum of all assets in the current portfolio. The Total Asset value is known at all times and is part of the evaluation of each coin. For example, if the asset value equates to a per coin value of $88.89, then by Smart Contract, the sale price cannot be less than the asset value "$88.89."
Additionally, the Smart Contracts control the values of META 1 Coin and are used to ensure performance and scalability through META 1 Coin's expansion. Up to six third parties confirm assets by publishing a professional opinion notice. All opinion notices per asset are published on the META Blockchain. Once the asset has been verified, the status of verification is permanently embedded into the blockchain of META 1 Coin.
All asset verification is part of every coin in real-time in perpetuity. This is real-time perpetual due diligence, ensuring all participants of valid asset assignment.
About META 1 Coin Trust:
META 1 is an asset-backed cryptocurrency that was founded by crypto visionary Robert P. Dunlap with the intention of promoting the concepts of abundance and equity in the service of humanity. As part of its mission, META 1 actively advances the cause of human rights and leads the fight against excessive government regulation and overreach in the jurisdiction-less ecosystem of global cryptocurrency.
META 1 is also a socially conscious company that envisions a future filled with abundance and prosperity for humanity instead of overreaching lockdowns, taxation and regulations.
For more information about META 1 Coin Trust, visit: meta1.io
SOURCE META 1 COIN
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