Is Metacoin the new cryptocurrency meta?

In Crypto Spotlight, Announcements

Metacoin (MTC), the world’s first hyperledger-based token, is now live for trading on Liquid.

What is Metacoin?

The Metacoin team believe cryptocurrencies have a number of fundamental issues that are preventing the expansion of the blockchain ecosystem, such as limited scalability and poor security. As a result, Metacoin is focused on solving what are believed to be the fundamental issues of cryptocurrency.

Metacoin was released as a mainnet platform in 2018 and was the first commercialised mainnet Linux Foundation’s Hyperledger Fabric.

Hyperledger is an open source collaborative effort created to advance cross-industry blockchain technologies. It is a global collaboration that includes leaders in finance, banking, Internet of Things, supply chains, manufacturing and Technology hosted by the Linux Foundation.

Hyperledger Fabric currently supports distributed ledger solutions for a wide range of industries and maximises the confidentiality, resilience and flexibility of blockchain solutions through its modular architecture.

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The Metacoin network

The Metacoin ecosystem already has several useful services and dapps. Let’s take a look.



  • Play bits - a powerful blockchain gaming platform,
  • Coldbank - a custodian service that aims to provide a high level of security on IBM’s LinuxONE
  • Autosdaq - an exchange that seeks to create an ecosystem where mobility-related products and services can be used with cryptocurrency.

Listing bonus

To celebrate the listing of Metacoin on Liquid, a 1% bonus will be available for anyone who deposits more than 1,000 MTC and a 3% bonus for anyone who deposits more than 30,000 MTC on Liquid.

Liquid and Metacoin are hosting a trading competition. The top 100 traders ranked by trading volume by December 9 will win 1,000 MTC. 

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