Meta Earth MEC Coin (MEC) is a cryptocurrency associated with the Meta Earth project, which positions itself as a network or ecosystem based on blockchain technologies. According to available information, Meta Earth is a platform that may include elements of decentralized finance (DeFi), social finance (SocialFi), NFTs, and other applications such as decentralized exchanges (DEX) and centralized exchanges (CEX). MEC is the native token of this ecosystem and is used as the primary medium of exchange within it.
Key characteristics of MEC mentioned in the context of the project:
Total issuance volume: 20 billion tokens, of which half (10 billion) is allegedly locked in staking in so-called 'zones' (nodes) distributed proportionally to the population of various countries and regions.
Use: The token is used to pay transaction fees (gas), stake in validation nodes, store data, and perform other operations within the Meta Earth network. It can also be used for participation in governance through a decentralized autonomous organization (DAO).
Economic model: The project claims that the growth of the ecosystem will lead to an increased demand for MEC, which, in turn, may enhance its value due to limited supply and widespread application.
Based on posts on social media and some web sources, Meta Earth actively promotes its token through airdrops and reward programs. For example, users can earn MEC for registration, daily check-ins, referrals, or completing verification (KYC). The possibility of trading the token through the P2P section of the Meta Earth Wallet app is also mentioned, where the price of MEC varies (for example, $4–5 per token).