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Metal (MTL) guide
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How to mine Metal (MTL) for Free

  • George Shnurenko
    Metal (MTL) guide

    The Metal Pay issued 66,588,888 coins over the Ethereum blockchain.


How to mine Metal (MTL) for Free

The Metal Pay issued 66,588,888 coins over the Ethereum blockchain. This amount is fixed. The 26,341,112 MTL tokens are reserved for rewards and next issuance. So, those 5% sent to your account as a reward for transactions are taken just from the specified amount. They are possible as long as the PoPP supply remains.

The rest amount is divided into:

  • Circulating coins, the sum makes 19,300,994 MTL
  • Operation pool needed for development of the Metal Project (13,378,888 MTL – they cannot be used during one year).
  • Sum for the partners and other projects equal to 2,000,000 MTL (the so called Metal foundation).
  • Payroll for employees and advisors equal to 3,780,000 MTL

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When we speak bout circulating supply of MTL making 19,300,994 MTL, we should say that the current price of a coin makes $5.34 – the value is true at the moment when the article is written. Thereafter the capitalization is about $103 million.

Cover image via cryptocomes.com
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About the author

George Shnurenko is a Bitcoin and cryptocurrency enthusiast, financial analyst and writer. He's majoring in history but he believes that the digital currency which has taken the world by storm will bring about change to all us humans. 

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