The first deflationary metaverse launchpad, Metavpad has achieved a new milestone on its newly-launched token, $Metav. Following its listing on leading crypto data aggregators— CoinGecko and CoinMarketCap, $Metav has amassed a trading volume of $50 million just within a few hours after it was opened for trading.
Metavpad is a metaverse-focused launchpad committed to building the metaverse ecosystem one block at a time. Metavpad launched with the aim of giving early access to its community to the metaverse by bootstrapping new and upcoming metaverse projects.
According to the launchpad, the metaverse is the next-gen internet, such that it aims to enable equal opportunities for proponents of the innovation. The $METAV token will be the key to unlocking these opportunities through staking.
$Metav holders would have to stake their tokens to unlock tiers that give them access to token launches, staking rewards, stakedrops, including free allocations to projects launching on the launchpad. They will also partake in governance decisions that concern the launchpad.
As of press time, the $Metav token had amassed above 27k holders and is trading at $0.40. The token is based on Binance Smart Chain (BSC) and is available for trading on Pancakeswap. Metavpad will integrate a deflationary mechanism into the token to reduce its circulating supply, which currently stands at 217 million.
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