|
|
|
|
|
NEW YORK, Apr 22, 2022 - (ACN Newswire) - Metallika.Inc, a global company focusing on the decentralization of mineral mining, has announced the integration of blockchain technology to its mining operations. The processes involved in mining are made up of a lot of stages with enormous data. In order to make our mining projects available to all investors, no matter big or small, Metallika is launching its own utility token. The company is collaborating in a series of exploration projects that include the granite project (currently in the development stage), beach sand mineral project (feasibility stage), chrome mineral trading, and graphite project (discovery stage). All the mining projects have passed through the initial 4 to 5 stages of the mining lifecycle and can start production within a space of 2 years. The team has also created a decentralized autonomous organization (DAO) to facilitate fast, reliable, and transparent communication among partners in the exploration and mining cycle.
The Metallika DAO
The decentralized autonomous organization created by the Metallika team is a system designed to operate on the blockchain autonomously. It completely adheres to the rules encoded into the smart contract. Every financial transaction within the DAO and the software rules of the smart contract will be stored within the chain of the transaction blocks. The team deployed distributed database technologies, secure timestamps to organize a secure digital ledger of contracts, deeds, and records that ensure ownership for all the DAO participants.
The major product of the DAO Metallika is cloud services. The Metallika DAO provides reliable and transparent communication between participants in the mining cycle with the cloud services. These participants are enabled to form partnerships and also obtain investments at every stage of the cycle. All members of the DAO can access the documentation stored in IPFS and manage approval processes for documentation generated during exploration. They can also issue digital commodity backend tokens that are backed by minerals.
The Metallika Token
It is a utility token that enables the operation of the Metallika DAO. The token guarantees access to the products and services of the DAO. One of the major properties of the token is that you can access it within the private Metalika DAO and other public blockchain networks like Binance Smart Chain (BSC) and Ethereum. The team is currently working on expanding the number of public blockchains for the token. The total token supply is 300,000,000, and 50% (150,000,000) will be an ERC-20 compliant token, while the remaining half will be BEP-20.
Upcoming Token Sale
The first stage of the token sale will be for the 300 million tokens on the public blockchain networks (Ethereum and BSC). Once the Metallika DAO goes live, a liquidity pool of tokens will be created within the DAO. It will be equal to the total number of tokens already issued on the public blockchains. The price per Metallika token is $0.1.
About Metallika.Inc
Metallika.Inc is a blockchain-powered company that tokenizes the services of mining natural resources. Companies and individuals who hold the Metallika token will be granted access to the data about mineral resources. These token holders can be part of the exploration and extraction of these resources.
Social Links
Facebook: https://www.facebook.com/Metallika.IO
Telegram: https://t.me/+D8KLYFM1CrkyNzkx
Twitter: https://twitter.com/MetallikaICO
Media Contact
Venkatesh Padala, Founder and CEO, Metallika.Inc
E: info@metallika.io
U: https://metallika.io/
SOURCE: Metallika.Inc
Topic: Press release summary
Source: Metallika.Inc
http://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2026 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
|
|
|
|
|
|
|
Latest Press Releases
CDAO Sydney 2026 Announces Two-Day, Co Located Event Series Uniting Australia's Senior Data & AI Leaders
Feb 18, 2026 17:17 HKT/SGT
|
|
|
India's Power Transition Creates Clear Utility Divide
Feb 18, 2026 16:00 HKT/SGT
|
|
|
MHI Machinery Systems Participates in Ramp Merging Support Demonstration Experiment for Autonomous Vehicles on the Tokyo Metropolitan Expressway
Wednesday, February 18, 2026 2:37:00 PM
|
|
|
Kraft Heinz, Braskem, and Tenaris to headline OMP Conference Sao Paulo 2026
Feb 18, 2026 13:21 HKT/SGT
|
|
|
IDC MarketScape names Hitachi Energy a Leader in Asset Performance Management for Worldwide Utilities
Wednesday, February 18, 2026 9:51:00 AM
|
|
|
Fujitsu named to FORTUNE Magazine's list of 'World's Most Admired Companie's for eighth year running
Wednesday, February 18, 2026 9:41:00 AM
|
|
|
Bioxytran, Inc. Announces Commercial Distribution Agreement with Khoury Medical LTD for A-SUQAR Dietary Supplement
Feb 17, 2026 21:00 HKT/SGT
|
|
|
Austral Gold Announces A$8.456 million Strategic Placement
Feb 17, 2026 20:29 HKT/SGT
|
|
|
Supported by U.S. Polo Assn., the 2026 U.S. Open Women's Polo Championship(R) Concludes with Victory Eastern Hay the Champion
Feb 17, 2026 20:00 HKT/SGT
|
|
|
Fujitsu automates entire software development lifecycle with new AI-Driven Software Development Platform
Tuesday, February 17, 2026 11:21:00 AM
|
|
|
|
|
More Press release >> |
|
 |
|
 |
|
