Metahero

Metahero (HERO) is a cryptocurrency token that has a unique history. It was created by Robert Gryn, the CEO of Codewise, a Krakow-based startup that was acquired in 2020. Gryn invested $10 million of the acquisition proceeds into his vision for the metaverse, which became Metahero.

The HERO token was launched in June 2021 via the Tenset Gems Platform, followed by an Initial Decentralized Offering (IDO) on Pancakeswap in July 2021. The total supply of HERO is capped at 10 billion, with locking mechanisms in place to discourage token dumping. The token was launched on the Binance Smart Chain (BSC) to ensure scalability and inclusivity.

Metahero is available on various exchanges, including ZT Global and BitMart. It is also listed on platforms like Coinbase, where users can access live charts and news about the token.

The Metahero ecosystem focuses on bridging the physical and digital worlds through advanced technologies like 3D scanning, augmented reality (AR), virtual reality (VR), and blockchain. The project aims to create a marketplace where users can turn real-world objects into ultra-realistic NFTs, which are registered immutably on the blockchain and can be monetized.

Overall, Metahero's history is marked by its innovative approach to the metaverse and its focus on mass adoption through user-friendly technologies and strategic partnerships.

Metahero (HERO) is a cryptocurrency project that leverages ultra-realistic 3D technology to bring people and items from the real world into the metaverse. The project offers a process called metascanning, which involves scanning real-life objects and transforming them into digital avatars in the metaverse. This technology is similar to 3D printing but in reverse, where a 3D object is scanned and made digital instead of the other way around.

Metahero scanners are mobile 3D chambers equipped with 16 movable stanchions, a server unit, and four cameras. These scanners are designed to capture images in perfect synchronization, allowing for highly detailed digital replicas. The project plans to set up scanning chambers in strategic locations worldwide, with the first operational chamber already in Doha, Qatar, and future locations including Tokyo, Berlin, New York, and Seoul.

The Metahero app allows users to access the scanning technology and manage their digital avatars. Future versions of the app aim to simplify the process of buying HERO tokens and integrating with Visa for daily expenses.

The HERO token is a utility token that grants access to the Metahero ecosystem. It employs a deflationary model, which reduces the total supply over time. The token can be used for transactions on the Metahero NFT marketplace, paying royalties, and funding scans. The total supply of HERO is capped at 10 billion, with locking mechanisms to discourage token dumping.

Metahero has partnered with Wolf Studio, a renowned 3D scanning company, to access high-quality scanning technology. The project also aims to integrate with various industries such as gaming, fashion, and music. For example, it has partnered with Fame MMA to allow users to scan and use virtual replicas of themselves in fighting matches.

The project's goal is to install 12 Metahero 3D chambers worldwide and offer 100,000 people the chance to scan themselves or other items every year. This technology has the potential to revolutionize the metaverse by providing a bridge between the physical and digital worlds, enabling users to create highly realistic digital avatars and NFTs.

The token Metahero (HERO) has several strengths that contribute to its potential success and adoption:

1. Unique Use Case: Metahero is a decentralized autonomous organization that operates within the Metaverse space, offering ultrahigh-quality 3D scanning technology to create avatars and virtual items. This unique use case sets it apart from other cryptocurrencies and provides a specific utility for its native token, HERO.

2. Revenue Share: One of the key benefits of the HERO token is the opportunity for holders to participate in the platform's revenue share. Specifically, 10% of platform revenue is allocated to token holders, providing a direct incentive for investment and long-term holding.

3. Strong Team: The MetaHero team is composed of experienced professionals, including Robert Green as the founder and CEO, Jeremy Lopez as the Chief Operating Officer, and Bally Singh as the marketing director. This team brings a diverse range of skills and expertise, from cryptography and blockchain to marketing and business operations.

4. Growing Ecosystem: The HERO app is being developed in stages, with the first version already released. The app will integrate various features, including tracking HERO tokens, buying tokens directly, and using a VISA card to pay expenses with HERO in everyday life. This comprehensive ecosystem aims to provide a low barrier to entry and greater token recognition.

5. Deflationary Token: The HERO token is designed to be deflationary, meaning that its supply will decrease over time. This can lead to increased demand and, consequently, higher prices as the token becomes scarcer.

6. Strategic Partnerships: MetaHero has established partnerships with prominent exchanges like KuCoin and PancakeSwap, which helps increase the token's visibility and accessibility.

These strengths collectively contribute to the potential growth and adoption of the Metahero (HERO) token, making it an attractive investment opportunity for those interested in the Metaverse and blockchain technology.

Metahero (HERO) carries several financial risks that investors should be aware of. Firstly, the project has been accused of using fake hype and shady business practices, including creating the illusion of media interest by paying for articles and promoting get-rich-quick schemes. This raises concerns about the legitimacy and trustworthiness of the project.

Additionally, the project has been criticized for its lack of transparency and progress on its roadmap. The development of the metaverse, Everdome, has been slow, and the marketplace for 3D scanning has yet to materialize, casting doubt on the project's ability to capture a significant market share.

Furthermore, the token's price has experienced significant declines, losing nearly 70% of its value since March and 88% since December. This volatility and downward trend make it a high-risk investment.

Investors should also be cautious of the token's deflationary nature, which includes a buyback and burn program that can lead to significant price fluctuations. The project's reliance on staking and passive rewards also raises concerns about the sustainability of its financial model.

Lastly, the project's availability on exchanges is limited, with restrictions for USA and Canada residents, which can impact liquidity and trading volumes.

Overall, Metahero (HERO) carries significant financial risks due to its questionable business practices, lack of transparency, and volatile market performance.

• Mariusz Król: Founder of Wolf Group and CEO of Metahero.
• Jakub Nalej: The person who makes things happen.
• Piotr Harwas: The Master Engineer.
• Marek Lewandowski: CIO at Metahero.
• Paweł Doległo: Involved in crypto investments, DeFi, and exchanges.
• Victor Denise Idongesit: Web3 enthusiast and community and social media manager.