Nestled within the ever-popular Ethereum blockchain, Music Metaverse is a utility token that was released on 16 May 2023, so it ranks as a relative newbie within the crypto ecosystem. This is also why its unique qualities are only beginning to catch on. Thanks to smart contracts alongside tokenomics, $MMT can provide music lovers with ticket discounts as high as 90 percent.
Another factor that we're sure will catch on involves the integration of Music Metaverse Token with StreamSpace; a customizable platform for streaming live music. Not only can promoters easily monetize their efforts, but the bingeworthy StreamLIVE app can be downloaded in a matter of seconds. It's therefore clear to see that $MMT should appeal to younger crypto investors who might be looking to diversify from the "big boys" such as BTC and ETH.
A Bit About Music Metaverse Token
Think of Music Metaverse Token as a combination of Jimi Hendrix and Warren Buffett. Not only does it offer an alternative way to jump on the crypto bandwagon, but it's a great opportunity for entrepreneurs who wish to promote world-class concerts from the comfort of their own homes. Although $MMT is still rather new, its developers already have a clear roadmap in place and as this is the first cryptocurrency to be used as a promotional tool, things are looking up. In the immortal words of Wayne's World, "party time...excellent".
Promote to earn with this live music game changer!CryptoLists.com
Music Metaverse Tokens are paired to the Ethereum blockchain; similar to many other cryptocurrencies that have already done quite well. As you might have guessed, users can potentially benefit from positive price movements.
However, $MMT is also a promotional tool that allows your average Joe to become a streaming concert promoter while enjoying truly ridiculous discounts on live events. So, why not enjoy the best of both worlds? The tokens themselves can be purchased through the MetaMask crypto wallet.
Utility of Music Metaverse Token?
So, who might be interested in what Music Metaverse Token has to offer? Unlike most cryptocurrencies, this asset should appeal to an extremely wide audience. On one side of the proverbial coin we have punters who are hoping that $MMT significantly rises as a result of its dual nature.
We're also likely to encounter novice promoters who instead wish to be compensated for streaming live concerts or who simply enjoy discounts when listening to their favorite groups.
This is arguably the most unique quality of $MMT and it could also be one of the reasons why it gains traction within the larger crypto landscape. In other words, $MMT offers tangible real-world benefits other than (hopefully) positive price movements alone.
Music Metaverse Token Price detailsETH Contract address: 0x43B72Bf7F46d72f2d917F49BD97B9A000143eab7
›› Details & Tokenomics
Advantages of Music Metaverse Token+ One of the most unique promotional concepts within the cryptocurrency marketplace.
+ Streaming users can earn ticket discounts as high as 90 percent.
+ MMT is a new altcoin and plenty of room for growth.
+ Tied directly into the ETH blockchain.
+ Its creators have presented a clear developmental roadmap.
Disadvantages- New tokens are always highly speculative.
- MMT has a relatively low trading volume.
- Fairly volatile price movements.
- Music Metaverse Token doesn't have a high market cap at present.
- Success will partially depend on whether $MMT is embraced by promoters.
Costs▪ Rated at 9/10
Music Metaverse Tokens can be purchased directly through a decentralized exchange like Uniswap or Biswap. As you might have guessed, you'll first need to have ETH. These can then be swapped for $MMT. Simply enter in the desired Ethereum amount and the platform will display its equivalent in $MMT.
Let's also point out that network fees may apply. Using the example provided on the official Music Metaverse page, these equate to (roughly) $8.83 dollars per swap. Note that those who already use the MetaMask crypto wallet could be charged an additional fee of 0.875% although this might be covered by the bridge provider (check to make sure in advance).
At the time that this article was written, the price of a single $MMT token was $0.0006619. Thanks to a total supply of 120,000,000,000 units, getting in on the proverbial ground floor could actually be an interesting prospect to consider.
Reputation and Buzz▪ Reputation rated at 9/10
▪ Buzz rated at 9.5/10
It's already no surprise that Music Metaverse Token has received a fair amount of attention since its launch. We're not only talking about yet another altcoin entering into the digital ether of the crypto markets.
Just as much hype has been focused around its dual roles as a cryptocurrency and a promotional tool for streaming music.
Another reason why $MMT has already been making the rounds throughout the online community involves its direct partnership with StreamLIVE. As this platform is already associated with top-tier artists such as Iggy Azalea and Tate McRae, it has a fair amount of clout that should provide Music Metaverse Token with a bit of legitimacy (always important for an emerging altcoin).
The only real question is whether $MMT will become a practical tool for promotions in the near future and if this will cause a spike in its price.
Do I need to promote streaming concerts if I hold $MMT?
This is purely optional. You could instead simply monitor the price in the hopes that the value of each token will rise.
I currently hold ETH tokens. Could a swap into $MMT be a useful strategy?
While $MMT certainly seems impressive, remember that newer altcoins are always a bit speculative. In other words, be sure to appreciate the risks as well as the potential rewards.
Can I use any other crypto wallets besides MetaMask when performing a transactions?
Currently, Music Metaverse Token only supports MetaMask as a crypto wallet. However, more options could very well become available in the future. Be sure to check back with Crypto Lists for additional updates.
History of Music Metaverse Token
16 May 2023 - Music Metaverse Token is officially launched.
06 May 2023 - Music Metaverse offers two Taylor Swift tickets (flights included) valued at approximately $2,000 dollars worth of $MMT tokens.
23 May 2023 - Streaming tickets for Red Hot Chili Peppers and Drake are promoted by $MMT.
01 June 2023 - $MMT tokens reach an all-time high of $0.000662.