MetalSwapXMT
$0.0135
Market/Exchange
XMT Price Prediction and Price Movement
XMT has been down 82.74 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that XMT's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if XMT is backed by a solid development team and whether XMT's technology has any potential to grow.
Please note that this analysis is purely base on XMT's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
MetalSwap Price Chart
About MetalSwap
What Is MetalSwap (XMT) ?
MetalSwap is a decentralized platform that allows hedging swaps on financial markets with the aim of providing a coverage to those who work with commodities and an investment opportunity for those who contribute to increase the shared liquidity of the project.
At the moment, financial swaps are the most widely used "insurance" tool for large-scale exchanges of raw materials such as metals, but everything takes place on centralized markets that require financial hedge and bank credit lines that are not always accessible to all and with "restrictive" bureaucratic times.
With the concept of an economic incentive, given by the distribution of the governance token ($XMT), the system will have publicly accessible pooled liquidity.
Through a set of "smart contracts", initially written on Ethereum, the contracts will make it possible to execute swaps without the need for intermediaries, at reduced costs and without time restrictions.
How Many XMT Coins Are There in Circulation?
MetalSwap IDO took place on November 19th, 2021. 2 billions XMT tokens created at genesis, with this tokenomics:
- 25% Treasury
- 23% Rewards
- 15% Public Sale
- 10% Strategic Investors
- 10% Founders, Team & Advisors
- 10% Ecosystem Development
- 4% Private Round
- 2% Marketing
- 1% Seed Round
Who Are the Founders of MetalSwap ?
- Paolo Luini
- Tiziano Tridico
- Umberto Prestini
Where Can I Buy MetalSwap (XMT)?
XMT is available on:
- [UniSwap] (https://app.uniswap.org/#/swap?inputCurrency=0x3e5d9d8a63cc8a88748f229999cf59487e90721e)