Meter is a global currency that maintains long-term, stable purchasing power and can’t be censored or manipulated by third parties. Meter uses an innovative economic and consensus design that separates currency creation (Proof of Work) with record keeping (Proof of Stake). Its value is supported by the price of 10 kWh of electricity, which is more stable in purchasing power than any fiat currency in the world.
Rules & Instructions
The METER MTO will follow a first come first serve format for all users on Blockzone.com that have passed KYC. Participants will automatically win the award once purchasing is successful. Participants can purchase MTO tickets with the STPT balance* in their account.
The start date of the METER MTO will be July 15th, 1:00 am EDT and will run until July 16th, 1:00 am EDT. The MTO event will automatically close once all the tickets are sold out or the count-down ends. Price of STPT will be determined and fixed 12 hours before the sale starts.
Total Award: $100,000 worth of MTRG token
Max Ticket per User: 200
Award per Ticket: 20 MTRG (~$10 worth)
Ticket Price: 600 STPT (~$10 worth)
Once the event closes, all MTRG awards will be distributed to the winners METER wallet within 24 hours.
*Please note that METER is not an ERC20 token. Winning participants MUST submit their METER wallet address before the event closes to receive their award token. Participants can create a METER address by downloading METER wallet from the official site (https://www.meter.io/wallets/)
Participants can submit and modify their METER address on the METER event dashboard anytime before the event closes and the system will only record the latest submission. Failing to confirm the METER wallet address will result in losing all the awards. No late submission will be accepted. 10% of STPT for ticket and award purchase will be burnt, and 90% of the STPT used to purchase ticket will be delivered to the project team.
By the end of the event, all the remaining MTRG will go directly into the lottery pool, and the system will select 10 random MTO participants to share this special lottery rewards!
*Award balance is not eligible