Introduction to Metacash's mission
Metacash has a mission: being the coin of the Metaverse.
Decentralized finance, which utilizes technologies to remove
intermediaries, middlemen, and banks from financial markets, is a complicated system to enter into.
Metacash’s primary goal is to make it simple enough for even our mothers to be able to start earning passive income without having to understand this complicated DeFi world and use us as the token to use in the near to future world of the Metaverse.
The first step towards achieving that goal was to create the Metacash token. It is an innovative Reflection Token: one that pays dividends in an already established token instead of our own. Our dividends are paid out in $BTCB, the main crypto coin that has been there since day one..
The rate of Crypto adoption in the world is growing, but the percentage of the world’s population who are users is still very small.
It will revolutionize the DeFi space and foster adoption of crypto in a safe, secure, easy and rewarding way and that is where Metacash comes in.
We will work on so many spaces while we are on our mission to be the token of the metaverse like games, a dashboard and possible a swap.
Metacash was Fair Launched on the PancakeSwap Exchange on November 5th, 2021. There were no presales or ICO: everyone could buy BabyCake fairly from the moment it launched
In the first 14 days, we achieved a market cap of $7 million from an initial market cap of $1,000. Once the speculators so commonly found on the BSC chain took their initial profits, we have had a healthy correction and found equilibrium at around a $3-4 million market cap.
We have over 7,000 holders.
We have large, loyal, and active communities on Twitter and Telegram.
We run Voice Chat, Main Chat and Support Chat services 24/7 on Telegram..
There is a 15% buy tax. At times, our tokenomics may change in response to market conditions.
The token contract employs a static rewards system. The 15% buy tax is split as follows:
• 8% is redistributed to holders
• 3% is used to fuel the liquidity pool
• 4% is allocated to the Marketing wallet.
Metacash divided distribution
The dividend mechanism incentivizes token holders to hold in order to earn dividends from the transactions (buys and sells).
The dividends are not dependent on the price of either Metacash or BTCB. They are based purely on the volume and proportional to the Metacash amount you hold in your wallet.
Under the Metacash contract’s hood:
• All $BTCB the contract gains are split proportionally between the token holders.
• To receive dividends a minimum token balance of $50 Metacash is required to be held in a wallet.
• The contract keeps track of all the dividends due to each holder in a list.
• Every transaction processes a certain number of users from the list.
• The number of holders processed through each transaction is dynamic and based on transaction size.
• It’s a fair system, fully automated.
Binance Smart Chain (BEP-20)
Fair Launch Time:
November 5th 2021
Thank you for your interest in Metacash.