Jordan Bitman
Jun 29, 2024Metatime Completes Presale Rounds, Raising $38 Million
Metatime, a blockchain technology company based in Istanbul, has recently completed its presale rounds, amassing a total of $38 million from both corporate and individual investors. This significant milestone not only underscores the confidence investors have in Metatime’s vision but also sets the stage for the company to make substantial strides in the blockchain industry.
Since its inception, Metatime has been committed to creating a comprehensive and transparent blockchain ecosystem. The company’s overarching goal is to lead the Web 3.0 transformation, driven by its robust suite of products and innovative technological solutions.
The Backbone of Metatime: MetaChain
At the heart of Metatime’s ecosystem lies MetaChain, a blockchain designed to address key challenges in the industry such as security, scalability, and speed. MetaChain boasts the capability to handle up to 700,000 transactions per second, a feature that significantly enhances transaction speeds while maintaining low fees and high scalability. This impressive performance is complemented by its compatibility with Ethereum, enabling the seamless execution of smart contracts and decentralized applications.
Commitment to Security and Quality
Metatime’s dedication to security and quality is evident in its recent smart contract audit conducted by Hacken, a leading blockchain audit firm. The audit resulted in a flawless score of 10/10, highlighting Metatime’s adherence to the highest standards in code quality and security. This achievement not only builds investor confidence but also positions Metatime as a reliable player in the blockchain space.
Expanding Global Footprint
With offices in Istanbul, London, the USA, and Lithuania, Metatime is steadily expanding its global presence. This strategic expansion is aimed at bolstering the company’s influence and operational capabilities across key markets. Yusuf Sevim, CEO and Co-founder of Metatime, expressed his gratitude for the support and trust shown by investors and partners, emphasizing the importance of the MTC Public Sale’s completion as a pivotal milestone in the company’s journey.
Diverse Product Portfolio
Metatime’s product portfolio reflects its ambition to create a holistic financial ecosystem. Key products include MetaWallet, MetaLaunchpad, MetaPayment, MetaExchange, and MetaNFT. Each of these products is designed to offer unique solutions to various aspects of blockchain technology and digital finance, thereby catering to a broad spectrum of user needs.
MetaWallet: A secure and user-friendly digital wallet designed to store and manage a wide range of cryptocurrencies.
MetaLaunchpad: A platform aimed at facilitating the launch and funding of new blockchain projects, providing a space for innovative ideas to gain traction.
MetaPayment: A comprehensive payment solution that integrates blockchain technology to offer secure and efficient transaction processing.
MetaExchange: A cryptocurrency exchange platform that allows users to trade digital assets seamlessly, with a focus on providing a smooth and secure trading experience.
MetaNFT: An NFT marketplace that enables users to create, buy, sell, and trade non-fungible tokens, fostering a vibrant ecosystem for digital collectibles and assets.
Future Prospects and Innovations
Looking ahead, Metatime is poised to continue its trajectory of innovation and growth. The company is entirely self-funded, a strategic choice that underscores its commitment to maintaining control over its technology development and operational direction. By focusing on user needs and striving to make blockchain technology accessible to everyone, Metatime aims to lead the way in the Web 3.0 transformation.
The successful completion of the presale rounds is a testament to Metatime’s strategic vision and operational excellence. As the company continues to expand its product offerings and global reach, it remains dedicated to reshaping the future of technology through blockchain innovation. The $38 million raised will be instrumental in accelerating Metatime’s development initiatives and expanding its ecosystem, ultimately driving broader adoption of blockchain technology worldwide.
In conclusion, Metatime’s journey from its initial presale rounds to becoming a formidable force in the blockchain industry exemplifies the potential of innovative technology coupled with strategic foresight. With its robust suite of products, commitment to security and quality, and expanding global footprint, Metatime is well-positioned to make significant contributions to the blockchain space and beyond.