AMA with MetisDAO!

Hello, r/cryptocurrency!

(our verification post on Twitter)

We are Metis -- a decentralized autonomous company (a DAC) on a mission to build the infrastructure to power the Web3 economy. Thank you for having us today!

We will be answering your questions from 4 PM to 6 PM UTC. In addition to the AMA, we also bring $METIS airdrops for the participants and would like to share details on our bridge incentive program for Andromeda week!

Airdrop:

We are going to select 5 winners who asked the best questions and reward them with $METIS tokens.

Bridge incentive program:

We are presenting the bridging incentive program for new users to discover our ecosystem. During the Andromeda week you can bridge your assets to Andromeda mainnet for free on Metis official bridge.

• Dates: start on November 17th at 12 AM UTC (lasts 72 hours)
• Link to the bridge: https://bridge.metis.io/home
• Take full advantage of the DAPPS of our ecosystem, the list is here https://metis.io/ecosystem

Conditions for bridge incentive program:

• New wallets with no previous interaction with Metis token or Andromeda network;
• All the ones on the official bridge are eligible for the rebate (including USDC, USDT, DAI, ETH, wBTC, Link, AAVE, BUSD, Sushi, except Metis Token);
• Min bridge amount of $100 inbound bridging into Andromeda Network;
• Max bridge fee rebate per wallet $100.

Now, more info about Metis:

Since mainnet launch a year ago we got:

• More than 4 million transactions;
• More than 95,000 active wallets;
• We reached $700+ millions in TVL;
• More than 50 DAPPS joined or launched in our ecosystem;
• 8 offline events organized worldwide, sponsored 14 and dozens attended!

The project was founded back in 2018, and the mainnet launched on the 19th of November 2021.

Today, our organization consists of 3 main departments (econodes):

1. Smart L2 — a Layer 2 scaling solution on the Ethereum network, which is solving the persistent blockchain trilemma for Ethereum and increasing both transaction speed (faster finality) and throughput (more transactions per second), while keeping the lowest transaction fees in the industry;
2. Matrix — a solution we designed to unlock the potential of personal data ownership, reputation building, and universal decentralization by assimilating all digital identities in a single account, without sacrificing privacy or integrity. We allow you to augment and authenticate your digital reputation power, blending your crypto and DeFi accounts, NFT collections, credentials and achievements, and more, through a single metric;
3. DAC Portal — As the web3 industry matures, new models are shifting how decentralized companies operate and manage, such as the shift to the Decentralized Autonomous Company (DAC). By evolving the shortcomings of a DAO, the DAC is creating a more useful infrastructure for businesses and companies, which we consider the shift to a company model. The DAC is for current DAOs, web3 businesses, and internet native companies (web2 alike) who are interested in optimizing the benefits of decentralized growth and on-chain operations.

The DAC project is relatively in stealth but we’re very excited to share more about what we are building during this AMA!

Be sure to follow us on our socials for all the latest updates:

• Website — https://metis.io
• Documentation — https://docs.metis.io/dev/
• Matrix — https://matrix.tech/
• Twitter — https://twitter.com/MetisDAO
• Discord — https://discord.gg/bfHKxKX2
• Subreddit — https://www.reddit.com/r/METIS_IO
• Medium — https://metisdao.medium.com
• Youtube — https://www.youtube.com/c/MetisDAO