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
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.