What is Metahero (HERO)?
HERO is the native token of Metahero, which is a crypto project that runs on the Binance Smart Chain (BSC) and is based on the concept of virtual reality. It allows users to create 3D copies of themselves and the objects around them. If you’re interested in the live HERO price, check out the Metahero price chart that is featured above.
The technology utilized by Metahero is called metascanning, or 3D scanning. It allows users to create especially realistic copies of real-world items and to integrate them into virtual reality, games, and metaverses. In order to scan oneself or an item, people must use a metascanner. Metahero plans to build 12 metascanners all over the world. The project partnered with Wolf Studio to obtain this technology.
Who can benefit from Metahero? Basically anyone. First off, Metahero is beneficial for crypto enthusiasts since it enables them to convert physical objects into 3D non-fungible tokens. Also, numerous galleries and artists can profit from the project as well by converting their pieces of art into digital assets. This way, they can create virtual museums on the metaverse.
Moreover, since Metahero enables game creators to provide players with the possibility of immersing themselves in their favorite games, the gaming community as a whole also benefits from this project.
Besides that, Metahero can be utilized as an augmented reality tool that could help people see how they would look with a different hair color or how would a certain clothing piece fit them. Additionally, Metahero could even be used in the medical field to carry out remote medical consultations or find new ways to diagnose diseases.
How to use Metahero? It offers the WDW marketplace which comes in the form of a mobile application. It allows users to create their own profiles, store and manage their 3D items, and check whether there’s a 3D scanner near their location.
The Founder of Metahero
The Metahero crypto project was founded in 2021 by Robert Gryn.
Robert Gryn has a degree in technology entrepreneurship and marketing. Prior to founding Metahero, Gryn was the CEO and the owner of Codewise.com. He was also a member of the Forbes Technology Council and the World Economic Forum. Now, Gryn is also the CEO of Everdome.io and an advisor at Unit Ventures. Besides, he invested in such projects as Atarraya and Magnetiqa.
Since Metahero partners with Wolf Studios, another important person for the whole project is Piotr Harwas. He is the CEO of Wolf Studios.
How is Metahero Secured?
Since Metahero runs on BSC, it employs the Proof-of-Staked-Authority (PoSA) consensus mechanism. It essentially is an improved version of the Proof-of-Stake (PoS) consensus mechanism which has validators who create and approve new blocks. However, instead of staking tokens, the identity of the validator performs the role of a stake.
The Purpose of HERO Tokens
HERO is the utility token of the Metahero project which is used to make any transaction within the system. This includes paying for scanning, licensing, NFTs, various fees, and so on. Overall, the Metahero crypto project has three types of fees – metascanning fees, 3D NFT creation fees, and transaction fees. However, as the adoption of the Metahero crypto project grows, the metascanning fees will decrease.
FYI, make sure to check the aforementioned Metahero price chart to see what are the tendencies of HERO price changes.
Tokenomics of HERO
The max supply of Metahero tokens is 10 billion. 20% of the total supply is dedicated to private and public sales. 30% of the supply is locked in the liquidity pool and the Metahero reserve. The remaining portion will be dedicated to marketing purposes, strategic partnerships, HERO token listings, the team, and advisors.
However, HERO tokens will not be released at once. Metahero plans to have lock-up periods which will result in a gradual token distribution.
If you've decided to invest in the HERO tokens, just keep in mind that, due to the volatility of the whole crypto market, the Metahero price is prone to change.
