The New MetaMax Crypto ICO
If you are looking for a new investment opportunity, something to consider is the new MetaMax cryptocurrency ICO that is happening right now, starting Monday. MetaMax is a brand new deflationary yield generating token that rewards its holders with BUSD through staking and other such activities.
This MetaMax cryptocurrency coin is quickly setting itself up to be one of the most lucrative investments in recent times in regard to cryptocurrencies. With staking, automatic liquidity pools, coin burning strategies, and more, yielding huge profits through this new coin is certainly a possibility. It’s all about using DEFI or decentralized finance to provide you with rewards and keep your money in your hands.
Today, we want to introduce you to the MetaMax cryptocurrency coin and talk about the initial coin offering to see exactly what it is all about. We want to provide you with all of the most important information about it so you can make an informed decision in terms of whether or not to invest in it.
The New MetaMax Crypto Coin & Environment – The Basics
So, the MetaMax coin, with the symbol Mmax, is a so-called deflationary reflection token that exists on the Binance smart chain. The goal here is to be the fastest growing cryptocurrency of its kind, one that will automatically reward all token holders in BUSD, which is a regulated stablecoin, therefore providing you with safe and real returns. Moreover it is pegged at a one to one ration with the United States Dollar.
MetaMax is a full ecosystem that combines many elements to create one amazing coin. This is a very community oriented token that is BEP20, and it’s all about easy exchanges of value by utilizing automatic liquidity pools in combination with high end coin burning strategies. There is also a static reward system present for additional returns.
MetaMax is all about providing a decentralized finance platform that helps to bridge the gap between fiat currencies and cryptocurrencies by providing the greater public with all of the benefits found in the cryptocurrency world. What’s cool is that it has up to ten times more block speed and much lower fees thanks to being present on the Binance smart chain.
One of the defining features here is that this is a yield generating token, one of the only ones of its kind, and it’s all based on DEFI or decentralized finance. Besides the tokens actually increasing in value, just like any asset can, there is also a yield generating system in place that puts cryptocurrency staking to use. In other words, there is a huge crypto staking system in place here that allows you to generate yields without having to do any work at all.
Moreover, there is also the fact that dividends are paid out in stablecoins. This is very beneficial because no matter what kind of transaction takes place and who makes it, all investors and token holders will benefit whether there is a bear market or a bull market.
The Percentage of Distribution
In terms of the distribution of the MetaMax coin, there are currently 10,000,000,000 MetaMAX Tokens in total. The distribution of these tokens is as follows.
25% of all tokens will be sold in the first public sale. 10% of tokens will be sold in the second public sale. 15% of all tokens will be sold through private sales. 2% of tokens will be sold through airdrops. 30% of tokens will be used for strategic coin burns to help maintain value.
Next, 4% of coins will be provided to the foundation, 7% to the members, and 7% to the MetaMax team. This totals 100%. However, do keep in mind that there may be more of these tokens created in the future, depending on how things go.
Let’s just take a quick look at the MetaMax ICO roadmap so you know exactly what the plan for the future is once you have bought any amount of tokens and invested money. There are four main phases to this cryptocurrency’s roadmap, so let’s figure out what the future holds.
- Project approach
- Token creation
- Site development
- Very aggressive marketing strategy
- The private sale
- The public sale pinksale
- List the token on CG and CMC
- List on the first exchange
- Release the staking app that has awesome rewards for all token holders
- Start mass marketing after every single step
- Partnering with blockchain
- Launch the DEFI 2.0 app
- The creation of multi-currency wallets
- New tokens complete with utility in the MetaMax Ecosystem
- Launching the first NFT video game
MetaMax Transaction Fees
As with all tokens out there, whenever you use MetaMax tokens for anything, there will be some transaction fees. However, keep in mind that when others use their tokens for whatever reason, you also benefit from these transaction fees, so it is a two way road.
Whenever any transactions are made, 1% is allocated to marketing, 1% to development, 1% to public burn, 1% for the liquidity pool, and 4% is used as a reward for token holders. This results in an 8% transaction fee on all transactions.
Other Important Facts About the MetaMax ICO
The MetaMax token also has several other systems in place to ensure maximum safety and maximum returns for all holders and investors, so let’s take a quick look.
- This ecosystem comes complete with an anti-whale system that limits the sale of tokens to a certain degree, which should help prevent massive drops from occurring due to selloffs.
- What also helps maintain value is that there is a buyback reserve in place which is converted into Binance coin, and are then stored within the Mmax contract.
- That binance coin is then used for strategic coin burns and buybacks to help create volume, positive price action, and rewards for holders.
- Those tokens are then removed and burnt, which results in all holders getting higher rewards as the supply of MetaMax slowly reduces over time.
The MetaMax Ecosystem – Final Thoughts
The bottom line is that MetaMax is a great new opportunity for anybody looking to invest in crypto and make large returns with relative ease. That said, there is of course a limited supply of tokens, so you will have to act fast to take advantage of this new ICO.