Gate.io AMA with MetFi-The World’s 1st DeFi Utility NFT Ecosystem

Time: May 18th, 2023, 13:00 UTC
Gate.io hosted an AMA (Ask-Me-Anything) session with MetFier,Community Manager at MetFi in the Gate.io Exchange Community.
Official Website: https://metfi.io/
Twitter: https://twitter.com/MetFi_DAO
Follow MetFi on Telegram and Discord

Guest

MetFier — Community Manager at MetFi

Q&A from Gate.io

Q1: What is MetFi DAO?

MetFier: MetFi DAO is a decentralized investment vehicle for the masses giving everyday people seed-stage access to some of the world’s most promising Metaverse and Web3 startups long before the general public knows about them.

Q2: When was MetFi DAO created?

MetFier: MetFi was conceptualized in early 2021 and it took over one year to develop, launching in May 2022.

Uniquely there was no token pre-sale, no private sale, and zero team tokens – a truly 100% fair launch.

Q3: Can you tell us how MetFi utilizes blockchain technology, and what benefits does it provide over traditional s?

MetFier: MetFi DAOs platform is innovative, immutable, and transparent.

It is pushing the boundaries of what blockchain technology can do.

Over 7000 lines of code have been carefully written into the smart contracts.

This makes MetFi DAOs platform one of the biggest smart contract ecos ever deployed on-chain and it can never be altered or deleted.

The eco has literally been designed to last forever.

Q4: What problem does MetFi solve?

MetFier: Average people do not get early funding access to the best crypto startups, large accredited investors do.

In many cases, the early investors sell when the average guy buys at a premium price.

MetFi gives the average person access to the early funding rounds of these startups and the DAO buys these tokens for the lowest price on behalf of the community and the MetFi community owns 100% of all of these assets.

Q5: What investments has MetFi made?

MetFier: MetFi owns 1 of only 35 X-Large Estates in The Sandbox (near Binance Estate) and we will build our own Metaverse on this land, our community also owns a little under 2% of all SPACE in the Big Time metaverse, and has also invested in iMe-X, Evermoon, Angel Block, Sona Protocol and we also hold some reserves of BTC, ETH, and BNB.

Q6: What is MetFi DAOs investment strategy?

MetFier: Bear markets are the best time to invest in great teams and projects while capital is harder to raise.

MetFi will continue to make good investments, support the projects it has invested in, and give these projects time to mature and in some cases maybe wait for the next bull market so as to get maximum returns for the MetFi community as they own the assets.

“Be fearful when others are greedy, and greedy when others are fearful,” Warren Buffett.

“The time to buy is when there’s blood in the streets,” Nathan Rothschild, the 19th-century British banker.

Q7: How do people participate in the investments that MetFi makes?

MetFier: Owning a MetFi NFT grants you a share in ALL of the investments that MetFi makes as well as governance voting rights on all important decisions including which projects the DAO invests in and how much is invested - we have already conducted dozens of governance votes on-chain.

Your NFT is your gateway and access to all of these investments as well as many other perks and privileges.