METIS

We are helping create their own decentralized businesses on blockchain.

Whitepaper

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Interest lvl

High

Updated: Jul 16, 2021

Learn more about our rating

User Rating

Medium

3/5 • 1 votes

Ticker

METIS

Type

Utility-token

Token standard

ERC-20

FoundedCanada

Registration year2020

Launchpads

Gate.io Startup

What is METIS

Metis aims to revolutionize how people and businesses collaborate using blockchain technology.

Current DAO architecture is solely focused on efficient voting systems or governance. Metis defines DAO as a fundamental unit that supports and manages the operation of decentralized applications or businesses, we found that building trust among distrusted community members and managing decentralized collaborations are the real challenge. At Metis, we believe the future lies in the decentralized, autonomous management of day-to-day operations in a decentralized organization called a Decentralized Autonomous Company (DAC): a system entity that supports an organization’s day-to-day operations, including those of large scale enterprises.

Metis is a Layer2 infrastructure to backbone the running of the Web 3.0 economy. Metis is not just aiming at lowering the gas cost and increasing the efficiency of transactions, it is more focusing on the scalability of functionalities and easy-to-build. Metis integrates the Decentralized Autonomous Company (DAC) framework within its Layer 2 infrastructure, a differentiating factor that makes it easy for any developers, builders, or community leaders to build their applications and communities. It also makes it easy to use pre-set tools/templates/APIs to facilitate their development, manage collaboration, and enjoy the network effects of the world’s largest decentralized finance eco, without the costs and bottlenecks normally associated with Ethereum. Its scalable protocol supports a wide range of use cases, including NFT platforms, decentralized reddit-like social platforms, open-source developer communities, influencer communities, gamer communities, freelancer communities, crowdfunding, yield farming, DEX trading,etc.