MetaheroHERO
$0.00477
Market/Exchange
HERO Price Prediction and Price Movement
HERO has been down 46.67 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that HERO's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if HERO is backed by a solid development team and whether HERO's technology has any potential to grow.
Please note that this analysis is purely base on HERO's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
Metahero Price Chart
About Metahero
To learn more about this project, check out our deep dive into MetaHero.
What Is Metahero (HERO)?
Metahero is a deflationary real utility token that uses an ultra-realistic 3D technology to generate 3D avatars and virtual objects for use across social media, games, fashion, art, and medicine. Launched in June of 2021, with an initial seed fund of $10 million, Metahero hopes to take cryptocurrency adoption to the next level by catalyzing our evolution into a parallel digital universe. Metahero promotes the idea of metscanning―the realistic scanning and transformation of real-life objects into useful avatars within the metaverse. The revolutionary idea will crystallize Metahero as a bridge between reality and the digital world. Metahero’s technology connects artists, entrepreneurs, and gamers in unique ways. One way is through its native token, HERO, which employs real business use cases that span across social media, and art. Moreover, Metahero spearheads a revolutionary metascanning technology fit with some of the best graphic rendering capabilities in history.
Who Are the Founders of Metahero?
Robert Gryn, the founder and CEO of Metahero is a serial technology entrepreneur and startup manager. He has grown multiple projects through both self and seed-funding, and has even received recognition from Forbes and the Financial Times 1000. He has built some of the fastest-growing companies in Europe, some of which boast a growth of over 13,000%.
Piotr Harwas, another key figure at Metahero, is the CEO of Wolf-Studios, Metahero’s most strategic partner. Piotr also heads a number of tech startups and is behind the design of Metahero’s revolutionary 3D scanner.
Jeremy Lopez and Marcin Gracjar are also influential in the crypto space, presently serving as the COO and Head of Product at Metahero, respectively. Before joining Metahero, they both worked with Robert at Codewise, a global anti-fraud technology startup recognized by the World Economic Forum.
What Makes Metahero Unique?
With plans to install 12 Metahero 3D chambers across the globe, Metahero will offer over 100,000 people the chance to scan themselves or other items each year. The 3D realistic avatars generated by metascanning present the first use case for Metahero. To help promote this project, a number of artists, celebrities, and influencers will be tapped to encourage the use of Metahero’s metascanner. Moreover, gaming companies can utilize the metascanning technology to create the best gaming experience in the metaverse.
Museums can also fuse perfectly into the metaverse with Metahero. Their collections can be scanned and stored to digitize exhibitions. The experience will resemble everyday life which makes Metahero even more important in an increasingly remote world.
How is Metahero Profitable?
With 2.7 billion gamers worldwide, most of whom are now cryptocurrency users, Metahero will appeal directly to its target sector multiplying its earning potential. Another crucial market for Metahero is social media, which now has over 4 billion users. Metahero will generate fees from its metascanners, with the cost of scanning decreasing as adoption grows. 3D NFT generation fees and marketplace transaction fees will also function as a source of revenue for the project. The biggest potential revenue will be from partnerships which could see big players like Tencent, and Nintendo. The project clearly states its expected operating expenses and fact-checked financial projections on its website and whitepaper. Founder, Robert Gryn has been consistent with his YouTube uploads, showing a huge commitment from the team. The 3D metascanning technology has also been tested and verified for widespread adoption.
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How Many Metahero (HERO) Coins Are There in Circulation?
There is a total maximum supply of 10 billion HERO. Of this quantity, 10% or 1 billion HERO will be sold in a private sale; Another 10% will be sold in a public sale; 20%, or 2 billion HERO, will be locked in the liquidity pool. 10% will also be locked in the company reserve, from which 100 million HERO will be unlocked biannually; 30% of the total HERO supply, or 3 billion HERO, will be used for exchange listing, strategic partnership, and marketing.
The team plans to lock 50% of the amount allocated to each of these categories, unlocking 10% of the other 50% every month. Finally, Metahero plans to reserve 20% of the total token supply for the team and advisors, with a 30-month lock period, with 10% unlocked every 3 months. The initial funds for the project are provided by founder Robert Gryn, and since the project doesn’t disproportionately allocate tokens to anyone, Metahero may indeed sound promising.
How Is the Metahero Network Secured?
Metahero runs on Binance Smart Chain and shares the same proof-of-staked-authority consensus algorithm which allows interoperability, lower fees, and faster transaction speed. Proof-of-staked-authority, a.k.a PoSA, solves the scalability problems of proof-of-stake by pre-approving participants that validate blocks and act as moderators of the system. The algorithm is unique in that everyone who wants to be a validator must stake the same amount of funds like every other validator. With the PoSA, consensus validators, token holders, developers, and users can benefit from a dual-chain architecture that benefits users and offers fast and low-cost transactions.
When Will Metahero Trading Begin?
Metahero is already listed on PancakeSwap with a market cap of $885 million. You can find the token using the contact address provided on the official website or see the HERO token details here on CoinMarketCap.
Can Metahero Hit $1?
HERO reached its all-time high of $0.179 on October 13, 2021. It hit a low of $0.08 on October 22, before steadying at $0.09. Technically it is hard to say that HERO will reach $1 anytime soon unless the team doubles down on their marketing efforts. Even at that, the token needs a massive pump to see a 1000% increase anytime soon.
Where Can You Buy Metahero (HERO)?
You can buy HERO tokens on PancakeSwap using a connected Web3 wallet. If you are new to DeFi, you will find this guide on using PancakeSwap helpful.