Metatime Completes Its Presale Session, Realizes $38 Million
Metatime, a blockchain company, has finished its presale rounds and attracted an incredible $38 million from business and private investors. News has it that investors saw Metatime’s potential to be a leader in advancing the Web 3.0 transition, which led to the company’s success in the Seed Sale 1, Seed Sale 2, Private Sale, and Public Sale rounds.
Over 200 creative individuals, including developers, marketers, and business strategists, work together at Metatime to further the company’s mission of transforming how online users interact with the internet.
Metatime’s flagship product, MetaChain, seeks to offer quick transaction times, affordable transaction costs, and scalability while upholding the greatest levels of security and code quality. Information about the product has it that one of MetaChain’s important characteristics is its capacity to examine 700,000 transactions simultaneously.
Metatime Team Appreciates Investors, Promises Better Performance
The company has their offices located in Lithuania, the United States, Istanbul, and London, Metatime has also been extending its reach. With a global presence, the company has been able to attract top personnel from around the world and strengthen its position in the blockchain sector.
The Metatime team, in a press conference, released a statement thanking everyone for their support during the presale rounds. Their statement stated thus: “We are happy to have raised $38 million in financing and to have completed our presale rounds. With the help of this money, we will be able to keep working to transform how we connect with the internet and spread the advantages of blockchain technology to people and businesses worldwide.”
According to an analysis on Global News Wire, the success of Metatime’s presale rounds is evidence of the growing demand for blockchain technology and its ability to fundamentally alter a wide range of businesses.
The statement added that they should anticipate seeing more enterprises emerge and take the lead in the creation of creative solutions as more organizations and people come to understand the advantages of blockchain. Comment from ZAWYA has it that Metatime’s presale rounds mark an important achievement for the business and the blockchain sector at large.
An article on ZAWYA states that Metatime is positioned to have a huge influence in the years to come because of its strong workforce, cutting-edge technology, and worldwide reach. ZAWYA Companies like Metatime will determine how the digital environment will develop as the world moves toward a more secure and decentralized internet.
Metatime Blockchain Company Explains Operations, And Investments
Investigation into the operations of Metatime reveals that they already have multiple product lines. While describing their operations, as listed on the Business Wire platform, the company is into blockchain technology, cryptocurrency, product development, and over 70 other products.
The company has developed MetaChain: its own blockchain network. It is currently working on releasing the Metatime Coin (MTC): an ecosystem token set to be launched on the world’s top 20 cryptocurrency exchanges before the end of the month.
It was also gathered that notable investors had taken an interest in the company’s operations, some of which include Yildiz Technical University Technopark and Tekno Venture Capital Investment Trust. Also on the list are major telecommunications and financial institutions, which have also played a significant role in the presale session.
It was also uncovered that the company used various mediums like crowdfunding, angel investments, and presales to raise the said $38 million, with investors residing in Germany, Turkey, and Denmark. Yusuf Sevim, Metatime Co-Founder and CEO, while talking to journalists in one of his interactive sessions at Business Wire, said that the creation of a blockchain controlled by a central authority exceeds comprehensive solutions.
He explained the company’s prospects, which he had described as ‘ambitious.’ According to Sevim, the company is working on becoming one of the industry’s top 3 performing cryptocurrency companies. According to him, they plan to achieve this feat by becoming the most used financial platform in the world.
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