News

Metahash announces MetaGather program, Get free tokens

Decentralized payment based cryptocurrency, Metahash, announced the launch of the MetaGather program. The program gives users  1000 Metahash coins which can be used to forge the Metahash network.

According to a blog post by Metahash, the goal of the MetaGather program is to expand the community, increase the number of individual forgers and reduce ROI of farms.  The granted coins can only be used for Forging and are locked for selling. But the coins earned through forging could be spent. Moreover, users can earn additional tokens by participating in referrals and promotional activities.

Forging is the consensus protocol of Metahash’s network. Forging works similar to Proof of Stake. Users can put their Metahash tokens for forging which in turn earn more Metahash tokens.

The program is planned to be launched this month and will be promoted extensively in the community. The program hopes to strengthen the Metahash network.

Metahash has a market cap of $29 million and is currently trading at $0.023. The cryptocurrency is listed in various exchanges. CEX.io and KuCoin are the biggest exchange where users can trade Metahash. Metahash has its own wallet called the MetaGate.


Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Ishan Garg

Ishan is a cryptocurrency trader and a journalist. He joined the cryptocurrency space in 2017. He is the founder of Blockmanity. He is a HODLER and is holding BTC, ETH & UGT.

Share
Published by
Ishan Garg

Recent Posts

Circle of Games – The multi-gaming platform raised funding from Nazara

Circle of Games (COG)—Web3's multi-gaming platform has raised a $1mn round from Nazara, with participation…

2 weeks ago

Unconference Bali 2024: Pioneering the Future of Web3 in Paradise

Unconference Bali 2024, Asia’s premier Web3 event, is poised to take center stage against the…

2 weeks ago

Tradeleaf Ignites Trade Finance Revolution with $TLF Listing on MEXC

Tradeleaf, a leading FinTech company empowering global trade through digital solutions, recently celebrated a significant…

2 weeks ago

Foundership Global Accelerator Teams Up with XDC Network to Propel Web3 Startup Innovation

Foundership Global Accelerator, a prominent force in the Web3 & Emerging-Tech Community boasting over 10,000…

3 weeks ago

Condo, the world’s first meme token based on Real-World Asset (RWA), launches on Base Chain with innovative treasury investment strategy

April 16, 2024 - Condo, the world's first real-world asset (RWA) meme token, was recently…

3 weeks ago

Partisia Blockchain Debuts $100 Million in $MPC Grants to Enhance Blockchain Technology and Token Utilization

The Partisia Blockchain Foundation, at the forefront of crafting privacy-enhancing and interoperable blockchain platforms, today…

4 weeks ago