Name: Metahero
SKU: HERO
Price: 0.00076575565 USD

Metahero is a blockchain project built on Binance Smart Chain (BSC) that aims to accelerate the mass adoption of blockchain technology and cryptocurrencies by linking the digital metaverse to the real physical world. To do so, it is planning to use NFT smart contracts and Ultra-HD Metascanning and modelling technology leveraged by Wolf Digital World (WDW) so that users can create detailed, hyper-realistic models of real-world objects and avatars to be used in the metaverse. Their long-term aim is to create the world’s largest database of scanned objects and people where 3D avatars and objects are designed to be used for a variety of everyday functions.The project’s native token is HERO. The token is a utility token designed to give users access to the Metahero ecosystem. For example, it can be used to pay for the ultra-HD scans of objects and users themselves.&nbsp;Metahero is a self-funded project founded by Robert Gryn, who initially supplied US$10m to kickstart the project. The project launched in July 2021. In conjunction, Robert Gryn is the CEO of Everdome which partners with Metahero. Everdome is a metaverse project aiming to create a digital universe that can be populated by the 3D-scanned objects and avatars from the Metahero project.<h3>What are Metahero’s key features and how does it work?</h3>Beyond focusing on NFTs and gaming, Metahero differs from other projects because it incorporates 3D scanning. It uses Metascanning technology from Wolf Digital World to create HD hyper-real copies of people and any physical items, to be uploaded to the digital sphere. To perform the scans Metahero has begun launching 3D scanning chambers in strategic cities around the world. Users can pay 200 US Dollars’ worth of Metahero to scan themselves, whilst fees for scanning other objects vary depending on the object. The first scanning chamber has been installed in Qatar and to begin with there are plans to install 12 chambers in various locations: targeting cities with high interests in technology and gaming. Metahero plans to have 200 3D scanners placed globally by 2026.Aside from creating digital objects, the platform is aiming to monetize a user’s digital avatar and their objects. To do so, users will be able to license their avatars and digital objects using the Metahero APP to be used in various applications. This includes games or art exhibitions. In exchange for the use of avatars or objects, users are paid in the platform’s native currency, HERO. For example, the platform is planning to allow artists to scan their artwork to the Metahero platform, creating 3D NFTs. These NFTs will then have the potential to be displayed in art exhibitions and galleries. The owner of a piece of artwork could be paid royalties every time it is used in a gallery.The HERO token is deflationary and to ensure a decreasing supply; between 0-8% from each transaction is burned. HERO was launched on BSC to ensure fast and cheap transactions and to ensure scalability.<h3>What can Metahero be used for?</h3>Metahero hopes that the use cases for the metascanning function will include the creation of next-generation music videos, VR, gaming environments, online fashion i.e. virtual fitting rooms, 3D printing, the creation of NFTs, medicinal purposes, education and more. By offering a digital alternative to these everyday functions Metahero’s main goal is to facilitate popular adoption of blockchain technology and cryptocurrencies.The platform’s native token HERO will be the only useable token on the Metahero ecosystem, within which there are many use cases. This includes paying for the use of the metascanning chambers and transactions on the platform, for example within games and on the Metahero NFT marketplace. The token can also be used as a passive income source: 0-2% of each transaction on the platform is redistributed to HERO holders through a Smart Staking mechanism.

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IDO on Tenset. Details:<ul><li>Launch date: 2021-07-21</li><li>Max investment: 10 BNB</li><li>Participants: 619</li><li>Raised: 5,000 BNB</li><li>Vesting Schedule: 10% on TGE, 90% over 365 days</li></ul>

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Metahero is a next-gen deflationary real utility token coupled with Ultra-HD Metascanning Technology.

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Bitcoin halvings often boost adoption and awareness as they generate significant media attention and discussions within the cryptocurrency community. The anticipation of reduced supply issuance can attract new users, investors, and businesses to the Bitcoin ecosystem, contributing to its growth and recognition in the wider financial world.

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Bitcoin block rewards are the payments miners receive for validating transactions and creating new blocks. They consist of newly generated bitcoins and transaction fees.

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Bitcoin halving is an event that reduces the rewards that miners receive for validating and adding new transactions to the blockchain by half and it occurs approximately every four years in the Bitcoin blockchain. This mechanism is designed to control the issuance of new bitcoins, limit the supply, and maintain Bitcoin's scarcity and value over time.

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Halvings reduce bitcoin creation rate, slowing down emission temps over time. This leads to curbing inflation. Decreased block rewards make miners rely more on transaction fees, potentially leading to higher fees and a self-sustaining network. Scarcity often drives up prices, attracting investors seeking hedging against inflation, impacting Bitcoin's economic dynamics. That’s why Bitcoin is often called “Store of Value”.

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Fear and Greed Index calculation uses important market metrics to build an unbiased summary of the current sentiment in the market. By analyzing Fear & Greed Index, you will be able to determine the current state of the market, its change over a certain period, and make strategic decisions.

Fear & Greed Index indicates the current market sentiment. There are 4 possible ranges: Extreme Greed, Greed, Fear, and Extreme Fear.<li>Greed means that traders and investors feel too greedy. This may indicate that the market is due for a correction.</li><li>Fear means that traders and investors are too worried, close to panic sells. This could indicate a good entry point.</li>It is also important to analyze how FGI changed over the period of time, for example in one day, week, or month.

The Fear and Greed Index (FGI) is a comprehensive tool for analyzing cryptocurrency sentiment. It is based on several important market indicators to determine the level of fear or greed present, with a range of 0 to 100.

The Fear and Greed Index uses various modules to analyze influential variables in the cryptocurrency market, including volume, volatility, dominance, whale movements, search engine data, and order book analysis. It also features a machine learning algorithm that evaluates sentiment in social media posts and how popular technical analysis are affecting the market. Each module is given a specific weight based on its statistical impact on the market.

What Is Fear & Greed Index?

We are assessing Bitcoin's volatility and maximum drawdowns, comparing these metrics with the average values from the past 30 and 90 days. We suggest that an abnormal increase in volatility signals a market driven by fear.

We evaluate current trading volumes and market momentum against 30/90 day averages, then combine these indicators. Typically, high daily buying volumes in a positive market lead us to conclude that the market is excessively greedy or overly bullish.

We collect and tally posts with various hashtags for each coin from Twitter (X) and monitor the speed and volume of interactions within certain time frames. A surge in interaction rates signifies heightened public interest in the coin, which we view as indicative of a greedy market.

A coin’s dominance represents its share of the total crypto market capitalization. For Bitcoin, an increase in dominance often stems from a flight to safety, reducing speculative investments in alt-coins as Bitcoin becomes the preferred safe haven in the crypto space. Conversely, a decrease in Bitcoin dominance suggests growing greed, as investors move into riskier alt-coins anticipating the next major bull run. For other coins, increasing dominance can imply a bullish or greedy sentiment specific to that coin.

We analyze Google Trends data for various Bitcoin-related search queries, focusing on changes in search volumes and identifying other currently popular searches.

The Crypto Fear and Greed Index is meticulously calculated based on a comprehensive analysis of multiple key metrics that gauge investor sentiment within the cryptocurrency market, such as the following.

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Latest Bitcoin Halving News

There have been three Bitcoin halvings since the launch of the Bitcoin blockchain. These previous halvings occurred in the following years:{br}{br}First Halving: November 28, 2012; the block reward was reduced from 50 BTC per block to 25 BTC per block.{br}{br}Second Halving: July 9, 2016; the block reward was reduced from 25 BTC per block to 12.5 BTC per block.{br}{br}Third Halving: May 11, 2020; the block reward was reduced from 12.5 BTC per block to 6.25 BTC per block.{br}{br}Fourth Halving: April 20, 2024; the block reward was reduced from 6.25 BTC per block to 3.125 BTC per block.

How Many Bitcoin Halvings Have Happened Previously?

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The Bitcoin halving event, which is a process that reduces the reward for mining new Bitcoin blocks in half, has significant implications for miners, investors, traders, and users of the Bitcoin blockchain. These implications can be observed in both the short term and the long term. Let's explore some of the key implications in more detail:

How Does Bitcoin Halving Affect The Price of Bitcoin?

Bitcoin halving occurs to control the issuance of new bitcoins and ensure the cryptocurrency's scarcity. Bitcoin's protocol limits the rate at which new bitcoins are created, gradually slowing down the growth of its total supply. This deliberate scarcity is designed to mimic the scarcity and controlled supply of precious commodities like gold, making Bitcoin an attractive store of value and a hedge against inflation.

How Does Bitcoin Halving Work?

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Bitcoin halvings reinforce its reputation as a long-term investment by reducing the rate of supply issuance, making it scarcer over time. This scarcity, coupled with the network's growing adoption and utility, can enhance Bitcoin's appeal as a store of value and a hedge against inflation, attracting long-term investors.

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Bitcoin halvings directly impact miners by reducing their block rewards, cutting their income in half. This event can lead to increased competition and pressure on less efficient miners, potentially forcing some to exit the mining ecosystem while incentivizing more efficient operations and technological advancements.

Miner Economics

Mining difficulty is a measure of how much computing power it is required to mine new blocks in a blockchain network. It adjusts regularly to maintain a consistent rate of block production. When more miners join the network, the difficulty increases; when miners leave, it decreases.{br}{br}Hashrate, on the other hand, represents the computational power of the network's miners. It measures how many calculations a network can perform per second. A higher hashrate indicates a more secure and competitive network, as miners with more computational power are more likely to mine new blocks and receive rewards.

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Bitcoin halvings can influence the hash rate and network security by potentially leading to fluctuations in miners' profitability. If the price doesn't rise significantly to compensate for the reduced block rewards, some miners may leave the network, temporarily lowering the hash rate and potentially making the network more vulnerable to attacks until the difficulty adjusts.

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The next Bitcoin halving is expected to occur in March 2028, when the block height number hits 1,050,000. After that, the next block’s reward will be halved: 1.5625 BTC instead of 3.125 BTC.

The Next Date of Bitcoin Halving

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Bitcoin halvings can increase price volatility because they create uncertainty about future supply reductions. The expectation of reduced issuance can attract speculative trading and result in price fluctuations as market participants respond to changing supply dynamics. This can lead to both upward and downward price swings before and after halving events.

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The key to Bitcoin's long-term success lies in its Proof-of-Work consensus mechanism within a peer-to-peer environment. This mechanism operates independent of external inputs like clock readings. Proof of Work is based on a fundamental truth: computation requires work, and work requires energy and time in our universe.{br}{br}Difficulty adjustments are necessary to prevent Bitcoin's internal clock from speeding up due to increased miner participation or improved mining devices. Without these adjustments, the value of Bitcoin would quickly decline.

Bitcoin’s Strongest Feature

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Bitcoin's maximum supply is capped at 21 million Bitcoins. This limit is hard-coded into the Bitcoin protocol and cannot be changed without overwhelming consensus from the network's participants. The maximum supply of 21 million bitcoins will be reached around the year 2140, when the last bitcoin will be mined.

Bitcoin Supply

Bitcoin halvings reinforce the scarcity of supply by reducing the rate at which new bitcoins are created. This controlled reduction in issuance over time maintains and strengthens Bitcoin's inherent scarcity, ultimately enhancing its appeal as a store of value.

Supply Scarcity

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Bitcoin operates on its own internal rhythm, characterized by a low frequency that allows for a sufficient buffer to delay communication between participants during the block validation process. Approximately every 2016 blocks, Bitcoin's internal clock is reset, resulting in an average block discovery rate of one valid block every 10 minutes.

What is Time in Blockchain

Key statistics on funding rounds for the past 30 days.

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What do you think about future halving?

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Market sentiment is very bearish, many assets may be undervalued.

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