Metal DAO (MTL) is a utility token that governs the stablecoin Metal Dollar (XMD). It aims to provide a platform for users to engage in the cryptocurrency space, providing tiered trading discounts to MTL holders when using the Metal Pay cash & crypto app. The utility of Metal DAO extends to proposing new stablecoins for the Metal Dollar basket, including their allocation ratios, and the option to vote in new stablecoin issuers. It's a digital asset that aims to enhance the user experience in the cryptocurrency world.

Metal DAO operates by providing its holders with certain benefits when using the Metal Pay cash & crypto app. For instance, Metal Pay customers who own 10,000+ MTL may have 0% fees on all cryptocurrency purchases. The future utility of Metal DAO includes the ability to propose new stablecoins for the Metal Dollar basket and the option to vote in new stablecoin issuers. This functionality strives to give users more control and flexibility in their cryptocurrency transactions.

Metal DAO has a variety of potential use cases. It can be used to propose new stablecoins for the Metal Dollar basket, giving users the ability to influence the types of stablecoins available. Additionally, it provides the option to vote in new stablecoin issuers, such as community banks or fintechs. This allows for a more democratic and inclusive approach to cryptocurrency management. Furthermore, Metal DAO can be used to receive trading discounts on the Metal Pay cash & crypto app, making it a useful tool for frequent users of the platform.

Metal DAO was developed and launched by Metallicus in 2016. Since its inception, it has been providing its holders with tiered trading discounts when using the Metal Pay cash & crypto app. Over time, the utility of Metal DAO has expanded to include the ability to propose new stablecoins for the Metal Dollar basket and the option to vote in new stablecoin issuers. This evolution has allowed Metal DAO to continually adapt to the needs of its users and the developments in the cryptocurrency sector.

Unlike traditional Proof-of-Work models, PoPP is more akin to a human-powered system. It serves as a provable method of identifying users and introducing new currency into the system. It also provides non-monetary incentives to users who transition from fiat currency to cryptocurrency. Upon payment settlement, a portion of the gross amount is allocated in MTL tokens. The allocated MTL tokens may constitute up to 5% of the transaction volume, irrespective of the direction (sender/receiver). For instance, if Alice transitions $100 into cryptocurrency using the Metal Pay app and at the time MTL is valued at $1 per MTL, both Alice and Bob would be allocated 5 MTL tokens. This model seeks to foster cryptocurrency usage by providing non-financial incentives for transactions, which may result in increased user engagement on the asset pages.

Metal DAO strives to lower entry barriers, potentially enabling individuals who may not have access to traditional banking services due to financial or geographical constraints to participate in the financial system. Metal DAO's decentralized nature means it's not controlled by any central authority or traditional financial institution. This could potentially make it an option for individuals in countries with unreliable banking systems. It also facilitates cross-border transactions, which could potentially reduce the cost of financial transactions for individuals and small businesses. Metal DAO seeks to provide access to credit in areas where traditional banking systems are inadequate or non-existent. It empowers the unbanked by giving them control over their own digital assets through the use of digital wallets. Lastly, it aims to serve as a store of value for those living in countries with high inflation rates or unstable economies.

MTL aims to provide several benefits to businesses and merchants who accept cryptocurrency payments. MTL intends to process transactions in a manner that is both quick and cost-effective, thereby aiming to be an efficient payment method. Additionally, MTL provides certain authorizations to financial institutions, such as the ability for customers to send and receive non-monetary rewards, which aims to ensure customer safety. It's also worth noting that businesses generally do not require a Money Transfer License (MTL) for cryptocurrency transfers, which could potentially simplify the process. MTL also seeks to improve a company's standing and reassure customers while it strives to adhere to legal regulations. However, it's important to remember that MTL regulations can vary by country, so businesses must adhere to each country's regulatory bodies and laws.

Metal Pay strives to simplify the process of acquiring, exchanging, and trading digital assets by offering a range of features and tools designed for straightforward navigation and use, regardless of a user's level of experience or technical expertise. One of the key features of Metal is its rewards system, which aims to incentivize users to use the platform. Users may receive MTL tokens as non-monetary rewards for participating in various tasks and activities, such as referring new users, making trades, and using the platform's mobile payment app. These tokens may be utilized for transaction processing on the platform or exchanged for other digital assets or fiat currencies. Another important feature of Metal is its focus on accessibility. The platform provides a user interface that is designed for straightforward navigation and use, and it also supports a wide range of payment methods, including bank transfers, credit cards, and mobile payments. Metal also prioritizes security and privacy. The platform employs encryption and security protocols with the intention to safeguard users' digital assets and personal information. Additionally, it provides features aimed at enhancing privacy, including the option for anonymized trading and transactions.

MTL, or Metal, is a cryptocurrency that aims to simplify the process of transactions across borders. It operates on the Stellar blockchain platform, which is designed to facilitate transactions across borders. Stellar's decentralized exchange and consensus algorithm aim to enable transaction processing, making it a choice for global payments and remittances. By using MTL as a bridge currency between two jurisdictions, transactions across borders aim to be conducted more streamlined compared to traditional banking systems. This is because blockchain technology seeks to reduce dependency on intermediaries, with the intention of streamlining transaction processes. MTL transactions aim to provide transaction visibility, enhancing trust among users.

When users engage in transactions through the Metal Pay app, they may receive up to 5% back in MTL tokens as non-monetary rewards. This reward system is structured to encourage user engagement and participation on the platform. For every transaction made, users may receive up to 5% of the transaction value in MTL tokens as non-monetary rewards. Users who invite others to join Metal may receive more MTL tokens as non-monetary rewards through the referral program. This may contribute to a network effect, potentially leading to increased usage of Metal, which may potentially influence the demand for MTL tokens.

Metal Pay aims to incentivize user participation in its ecosystem by acknowledging transactions with MTL tokens. Users may receive these tokens as non-monetary rewards for participating in transactions within the Metal Pay ecosystem. The platform aims to acknowledge every eligible transaction with a certain amount of MTL tokens. This reward system seeks to foster increased user engagement within the Metal Pay ecosystem. Users holding MTL tokens may experience reduced transaction costs within the platform. The Metal Pay ecosystem includes a marketplace for digital asset exchange.

Metal DAO strives to ensure user privacy by utilizing the Fintech Fraud DAO's fraud database to guide their account decisioning workflows. This method is designed to maintain end user privacy while delivering fraud signals at no additional cost to its members. The Metal Pay team is dedicated to preserving Personally Identifiable Information (PII) in any shared database, a critical aspect of user privacy. They employ a forward-looking, scalable, and efficient approach to tackle fraud challenges, transitioning from a reactive to a preventative stance. This strategy includes the use of a fraud data-sharing community that concentrates on fintech verticals. Metal DAO's approach to user privacy is evident in their efforts to aim to build privacy-protecting infrastructure, as shown in their collaboration with the Fintech Fraud DAO.