HomeAltcoinsWhat Is MetaVPad?

What Is MetaVPad?

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Early investors in the metaverse space could potentially reap a tremendous reward. MetaVPad may provide a space for investors to get in early. Learn more about this new launchpad here.

Covered:

  • What Is MetaVPad Crypto?
  • How Does MetaVPad Work?
  • Partners, Team, and Backers
  • Tokenomics

What Is MetaVPad Crypto?

Ever since Mark Zuckerberg announced Facebook’s name change to Meta, the Metaverse has become a new sensation in and out of the crypto world. Early investors in the metaverse are speculating to be making millions in the near future. With that, Bluezilla has jumped in and launched MetaVPad on December 10th, 2021.

MetaVPad is a platform built to allow investors early access to different metaverse projects. It aims to “democratize access to the protocols, products, and services that will form the backbone for the next generation of the internet.” Attempting to combat monopoly on the Metaverse, MetaVPad wants to be the unified source of funding for pioneer developers in this technology. This launchpad will focus on funding decentralized governance, non-fungible assets, digital identity, virtual and augmented reality, and interoperability solutions for the metaverse. 

How Does MetaVPad Crypto Work?

MetaVPad aims to be a metaverse-centric incubator for projects. Users will need the METAV token to participate. The METAV token will act as the key to access different features. MetaVPad has three tiers for investors to unlock by staking: Explorer, Creator, and Architect. The amount of METAV token the investor stake will unlock a specific tier. 

MetaVPad Tier System

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Partners, Team, and Backers

Bluezilla is the Venture Capital (VC) behind MetaVPad. They have previously launched other launchpad projects such as PulsePad. MetaVPad is part of their ecosystem. There is no information on the team for either MetaVPad or Bluezilla. The team is currently anonymous. 

MetaVPad announced on their Twitter about two different strategic partnerships with GameZone and NFTLaunch. Both projects are also part of the Bluezilla’s ecosystem.

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MetaVPad Crypto Tokenomics

As mentioned above, METAV is the token that will give you access to the launchpad. The token exists as an ERC20 and a BEP-20 token. The main deflationary mechanisms of MetaVPad are 25% early unstaking fees and 10% fee on all token sales. Users must stake for at least 8 weeks to avoid the unstaking fee, which will burn. The 10% fee on token sales are divided to 7.5% go to token holders while 2.5% are burned.

MetaVPad Token Distribution

Token Distribution:

  • 16% Private Sale
  • 16% Public Sale
  • 15% Team
  • 12% Ecosystem
  • 11% Liquidity
  • 10% Staking
  • 8% Seed Sale
  • 7% Advisors
  • 4% Reserve
  • 1% Airdrop

METAV is currently available on DigiFinex, PancakeSwap, Uniswap, Wagyuswap, and DODO BSC.

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Concerns

The biggest concern for MetaVPad is that the team is anonymous. The project is a part of Bluezilla’s ecosystem, which should give investors a little more confidence. However, Bluezilla’s team is also anonymous. They launched multiple launchpad projects that have done well, yet they are not willing to put their faces behind the projects. Most of Bluezilla’s projects are also quite similar in the idea and website. Not to mention that MetaVPad’s strategic partners are also part of the Bluezilla’s ecosystem. At the moment, there is no information on outside partnerships or investors. Since the blockchain space is currently the Wild We, one cannot be too careful. With very little information given on where the fund is being invested and the team behind it, one could not help but question the true aim of this project.  

Where To Buy METAV

You can purchase METAV through the PancakeSwap exchange, similar to how you would buy another cryptocurrency on a decentralized exchange. If you are interested in purchasing METAV, you can do so by visiting PancakeSwap.

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