📰 Table Of Contents
Introduction to Metadium Project
In this Quick Reviews series, we take a closer look at interesting initial coin offering projects aimed at inspiring further research and exploration for potential investments. It’s important to note that the following information does not constitute an endorsement.
Understanding the Problem
Metadium aims to address the challenges associated with managing, protecting, and utilizing personal identity in today’s digital and offline environments. The project believes that individuals struggle to maintain control over their scattered characteristics and data, leading to a fragmented identity. To tackle this issue, Metadium envisions a secure decentralized digital identity framework, leveraging blockchain technology to ensure that personal data can only be accessed with explicit consent from the owner. Through the use of Metadium and the company’s Meta ID, users can access various platforms and services while maintaining control over their personal information.
Challenges for Businesses
Metadium also recognizes the data integration challenges faced by businesses, particularly startups, as they seek to expand globally. The reliance on attestation agencies introduces unnecessary complexity to the process, hindering seamless operations.
The Team
The Metadium team comprises over a dozen individuals, primarily consisting of blockchain and MetaID App and Server developers. Notable figures within the team include co-founder Ryan Uhr, who also co-founded Coinplug, a prominent Korean bitcoin exchange, wallet, and payment processor. Additionally, the project benefits from advisory support from industry professionals like Roger Ver, the CEO of Bitcoin.com.
Project Stage and Roadmap
Metadium is currently in the ‘Metadium Initiative’ phase, focused on team expansion, finalizing the prototype, and releasing the application programming interface (API). Their future milestones include the Open Beta Service Demo scheduled for Q4 2018, the mainnet launch in Q1 2019, as well as the scaling up of the Metadium team and the release of Blockchain 1.0 during the same quarter.
Fundraising and Partnerships
The token sale for Metadium is set to take place from July to August, with additional details yet to be disclosed. The project has established partnerships with prominent firms in the digital asset and blockchain space, including FBG Capital, Kenetic, BlockTower, and Connect Capital.
Community and Similar Projects
Metadium currently boasts a community of 951 Twitter followers and over 10,000 Telegram channel members. Additionally, similar projects in the digital identity space include IAME Identity and Sovrin.
Ian is a cryptocurrency enthusiast blending humor with professionalism. With an engineering background and a storyteller's heart, he simplifies the blockchain world with sharp analysis and a touch of wit. At Cryptowire, he brings his unique perspective to make digital financial innovation accessible to all.
