Create your very own ERC-20 Ethereum based utility token for use in non-financial and personal projects, such as membership sites, games with an in-game economy or as rewards and loyalty points etc.
Perfect for charities, non-profit organizations and communities who want to offer decentralized access to services in a specific ecosystem, verifiable voting rights, transparent fundraising and many more scenarios.
For businesses looking to offer access to traditional assets on the blockchain, such as equity, derivatives, debt and real estate as well as other assets that classify as a security and which are subject to regulations.
Choose your Token Type and get started
Every transaction is recorded on the blockchain for everyone to see at any time, using the publicly available online Ethereum ledger.
Transactions on the Ethereum blockchain costs only a few cents, compared to the high fees associated with traditional transactions.
Transactions processed on the Ethereum blockchain takes just minutes or even seconds, not hours or days.
Everything is recorded on the blockchain and becomes unchangeable, decentralized and is kept safe from hackers.
For security tokens, MetaMorph and NXT.legal ensures that tokens issued by clients are legally compliant using the R-METM token standard.
Access to tokens, trading and management 24 hours a day, 7 days a week, from anywhere in the world.
The utility tokens are issued using the ERC-20 token standard and the OpenZeppelin framework, which has undergone thorough security checks and audits by multiple third parties. Users can add extra features such as minting of new tokens and the ability to burn tokens, to their new token that act as extra instruments to regulate their new token economy.
The ERC-20 utility token issued is compatible with existing ERC-20 wallets and exchanges that support trading of ERC-20 tokens. The tokens are also eligible to be listed on the MetaMorph.Pro exchange against the METM, wETH and wBTC pairs for an additional fee.
This is the ideal solution for businesses that are want to issue a regulated cryptocurrency security token on the Ethereum blockchain. Business owners choose the name and ticker symbol of the new security during the reservation process and the token is then reserved and registered on the blockchain. A legal team then takes over and gets in touch with the business regarding its specific needs and collect the required business documentation, which is then processed. This is done to ensure compliance with the regulatory securities framework for that specific jurisdiction. The tokens are then issued according to the desired representation of assets using the Regulated METM Token Standard (R-METM).
Use cases for security tokens include representation of traditional assets such as equity, derivatives, debt and real estate as well as other assets that classify as a security and which are subject to regulation under security laws.
The R-METM Token Standard
Metamorph is making fast strides enabling decentralized regulated technology and the R-METM token standard is an important step towards this. The new token contract standard was created by the MetaMorph team and can be deployed via our token creation platform. During deployment a regulator/relevant licence holder/compliance officer is assigned to the token contract in accordance with the traditional regulated asset it represents.
Fully compliant, partnering with legal experts
NXT.Legal are providing legal and compliance consulting to enable MetaMorph and the Regulated token creation platform to allow traditional regulated assets to trade on the platform via Regulated-METM, the new regulated token standard
One aspect of security tokens is the proper issuance. Another is the actual trading of the securities. The R-METM token standard is eligible to be traded using the 0x Protocol which has a built-in whitelist register of Ethereum addresses that comply with the regulatory checks required to trade securities. This is also an instrument for regulators who can pause all trades by removing the addresses from the list and add them again to resume trading. This built-in control mechanism ensures that market participants are whitelisted and that they are eligible to trade securities, having already gone through the whitelisting process which includes KYC, AML and other required verification processes.