Metabank — The First Decentralized Bank in the Metaverse Universe

LumBit
4 min readJun 23, 2022

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Abstract

Who doesn’t need a bank? it seems that most people today need a bank for their various financial needs. But as is known that the bank is very inconvenient and outdated. In the bank, the users need to manage their various files and identities, which is very inconvenient. Moreover, people globally cannot freely access a banking platform located in a region, this makes the banking platform very limited by region. Therefore, a modern banking platform is needed, so that with this banking platform users will easily meet their various financial needs.

Introducing Metabank

Seeing the development of the financial sector globally, Metabank has a strategy to be able to present a banking platform that will make it easier for users globally. It is the first banking platform launched on Metaverse that users can access freely and easily from their devices. Metabank is developed by a team of professionals, who pay attention to the convenience and comfort of the user. Users do not need to fill in a lot of files when using Metabank, because it is a blockchain-based banking platform that will be easily accessible by users without the need for registration or other things. Users only need to download the application provided by Metabank and connect their wallet and that’s it, they will be able to access various features provided by Metabank and it will be available to users directly on their device.

Features

Metabank has various features that are needed by global users. The features of Metabank consist of purchasing NFTs, stake tokens, P2P lending, virtual credit cards, and governance systems.

Users will be able to easily buy NFT from Metabank. No need to be complicated, users will be able to buy their favorite NFT easily with the various tokens they have. Metabank provides users with an easy and secure payment system so that with this, users will be able to purchase NFT tokens easily and securely from their devices. And it also provides a staking feature that will reward users if they stake their tokens. Users will have the opportunity to get high rewards with the staking feature offered by Metabank. For now, Metabank offers users an APY of 40 to 80%, which is quite large compared to traditional banking platforms.

And also here users are given the advantage of being able to get a virtual credit card that can be used by millions of merchants globally. With this debit and credit card, users will be able to make transactions more easily and securely and of course, this is legal and can be used by users at various merchants that support the network. This is the advantage of Metabank compared to other crypto-based banking platforms.

Tokenomics

METAX is the native token of Metabank which will serve as a utility token that users can purchase from supported exchanges. Launched using the BSC protocol, users will be able to use this token for various things they want, such as for payments, staking, etc. This is a token that will have an important role on the Metabank platform, and because of this, it has the prospect of developing in the future. So investing in this token is a good decision.

Conclusion

To sum up, it is time for banking platforms to switch to using blockchain technology which is more innovative and open to anyone globally. And Metabank is a banking platform that adopts blockchain technology that will allow users to buy NFT, stake tokens, get virtual cards, and various other things easily and securely. Developed as the first banking platform on Metaverse, Metabank will be a modern solution that will make it easier for crypto users globally. With the various features it offers and its advantages, users will find it easier for their financial affairs because there is a Metabank ready to serve them.

Connect

WEB: https://metabank.li/
TELEGRAM: https://t.me/metabankofficialchat
TWITTER: https://twitter.com/metabank

Writer

BTT Username: lumbanrang
Telegram: @lumbanrang

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LumBit
LumBit

Written by LumBit

“The Federal Reserve simply does not have authority to supervise or regulate Bitcoin in any way.”

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