Metahero (HERO) Project Analysis

1. Research Comment

A NFT deflation token, the project cooperates with the world-renowned 3D scanning and modeling leader Wolf Studio to create a 3D NFT. The founder of the project, Rob Gryn, is the ambassador of the well-known project Celsius and the founder of Codewise, a successful entrepreneur. Received the attention of many media such as yahoo finance, business insider, maketwatch, etc. Its core team has more than 16 people. The liquidity of USD 20 million makes the price very stable.

2. Recent Flashpoint

Smart contract upgrade

3. Project Introduction

Hero(Metahero) is a next-gen deflationary real utility token. It partners with Wolf Studio, a global leader in 3D scanning and modeling to scan and create 3D NFTs, and to create your own ultra-HD avatars and meta object  that can be stored on blockchain forever. Metascanner can be deployed for social, gaming, VR, fashion, online shopping and science. The use case of the technology is well used by many famous companies.

4. Token Roles

• Deflation: HERO is a deflationary token, and each transaction requires a 5% handling fee
• Smart staking: 0-2% of each transaction is proportionally distributed to all holders as a passive incentive. Our smart staking mechanism is built from scratch to obtain maximum efficiency and security.
• Destruction: 0-2% of each transaction will be destroyed forever, ensuring that the supply of HERO continues to decrease
• Automatic liquidity: 0-6% of each transaction is automatically added to Pancakeswap v2's liquidity.
• Liquidity is permanently locked: however, the token has a built-in function that can release part of the liquidity for buyback and destruction (described below)
• Buyback and destruction: this function can be activated when the total liquidity on Pancakeswap exceeds $10 million. Excess liquidity will be released, among which HERO tokens are destroyed, and BNB is used to buy back and destroy more HERO tokens. This feature will initially be enabled by the team with community approval.
• Purpose: HERO will be the only token used in the Metahero ecosystem. It includes trading on the 3D NFT market, payment of scanning fees, payment of royalties, and payment of Metahero 3D scanner fees (franchise mode)

5. Token distribution

Total: 10 billion

• Team: 20% (30 months locked, 10% unlocked every 3 months)
• Strategic partner: 10%
• Market: 10% (50% locked, 10% unlocked every month)
• Exchange listing: 10% (50% locked, 10% unlocked every month)
• Private offering: 10%
• Public offering: 10%
• Liquidity pool: 20% (permanently locked)
• Partners: 10% (5 years locked)

6. Investment Institutions

The founder himself provides 1,0 million USD to support project development

Metahero (HERO) Basic Information

Token name: HERO

Project website: https://metahero.io/

Block query:

https://bscscan.com/token/0xd40bedb44c081d2935eeba6ef5a3c8a31a1bbe13

CoinW Research

August 20, 2021