Meter

Meter

Created using Figma
Created using Figma
Meter ICO The first unchanged money, which is fast and stable. In our view, if scientifically and rationally, the money should have the function of the measurement standard and thus it should be comparable to the watt or the hour or the temperature of the temperature.
To be announced
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About Meter

Meter is not pegged to the U.S. dollar at all. We believe that cryptocurrencies which are pegged to USD (or other fiat currencies) always have a much better alternative, which is USD itself. The goal of Meter is to create a decentralized, universal standard for value; it also provides a solution to John Nash’s Ideal Money by creating a money that is stable over long periods of time. Meter may be thought of as a token for an amount of electricity consumed by a miner. We are aiming to have 1 Meter = 10 kWh, based on the most energy efficient and publicly available mining hardware. The process is driven by Meter's internal feedback alogrithm instead of external oracles.

If the price of Meter was to rise above the production cost, miners would deploy more computing power into mining, increasing the production and driving down the price of Meter. When the price of Meter drops, mining becomes less profitable, and miners stop mining Meter in favor of using their computing power for other purpose including mining other cryptocurrencies. Miners’ profit-maximizing behavior would drive the price of Meter to a purchasing power stable long run equilibrium, determined by the global competition for the lowest price of electricity.

Activity

Posts:
156
MEDIUM
Followers:
83
VERY LOW
Likes:
82
VERY LOW
Followers:
1 734
LOW
Tweets:
238
MEDIUM
30 Days Growth:
198
Members:
4 438
MEDIUM
30 Days Growth:
-556
Alexa

Rank:
5 178 417
VERY LOW
Delta:
1 785 958

Meter Team

Verified 17%

Attention. There is a risk that unverified members are not actually members of the team

Xiaohan Zhu
Team Member
verified
Jun Xu
Team Member
unverified
Young Yu
Team Member
unverified
David Shao
Team Member
unverified
Aditya Nalge
Team Member
unverified
Neil Xu
Team Member
unverified

Meter Interviews

Xiaohan Zhu
As a team member, сan you tell us about your role in the ICO project?
I am the cofounder and CEO at Meter.io, responsible for product and business development. We started the project in the beginning of 2018.
What do you think about idea?
Meter's is aimed to complete the mission of Bitcoin to create a good currency without entrusting any centralized authorities. It establish an uncheatable proof of value through math and computation and linkage to global competitive price of electricity. 1 Meter = 10Kwh in SHA256 calculation.

Meter Last News

N/A
5.0 17
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