Dear Metatime Family
As Metatime, while respecting the technological achievements of our company's past management, we emphasize the importance of acknowledging the mistakes made in market predictions and certain agreements. In this context, we would like to mention that not realizing the trap in the details of the agreement made with the Bybit exchange and choosing this platform as the first preferred exchange and the local listing condition was a major oversight.
Firstly, we confirm that the MTCs listed on the Bybit exchange, which have not yet transitioned to the MetaChain network, no longer have any association with the original MetaChain MTC of our project. The trading transactions carried out on Bybit will henceforth be related to the MTC tokens on the BSC network, and the price of these tokens will progress independently of the supply and price of the original MetaChain MTC listed on the MEXC and Bitget Exchanges. BSC MTC and MetaChain MTC will continue as two separate tokens.
Upon reviewing past events related to the Bybit exchange, we observe that due to the unfair and unilateral negative attitudes of the exchange towards the Metatime project, our investors from Turkey and India, as well as our team, have suffered millions of dollars in losses.
Despite fulfilling our obligations, the exchange has refused to accept new registrations with false declarations and fabricated reasons, declined to extend the listing to a global scale, and has not refunded the $200,000 deposit. Furthermore, despite our requests for information regarding the $100,000 marketing budget paid to the Bybit exchange, no response has been received.
As Metatime, we declare that we have met the condition of 1,500 new customer registrations determined and later agreed upon at a discounted settlement with Bybit. Based on our records and feedback from our investors, we observe that more than 3,000 new users have invested in Bybit thanks to the Metatime project. According to our records, an additional 3,000 individual users have made USDT investments and opened accounts for MTC. Lastly, Bybit's failure to fulfill previously accepted agreements regarding MetaChain integration has harmed our project.
We thank Bitget exchange for their integrated efforts and prompt action during this process.
Now, we would like to share some information about our current situation and the upcoming process:
- Our new CEO, Ali Bahadır Ural, will not participate in A.M.A. (Ask Me Anything) events but will make written statements at least once a month regarding general status assessments and targets.
- The individuals who will participate in A.M.A. and similar events have not been determined yet.
- We are in communication with CoinMarketCap and are working on providing the necessary access for the automatic extraction of data from our MetaChain network.
- Currently, 10 billion MTC have been produced on the MetaChain network, and the amount of MTC in circulation in the market is below 100 million, trading on the Bitget and MEXC exchanges.
- Just now, 4 billion MTC have been burned on the BSC network. The total supply has dropped below 6 billion. The MTC amount on the MetaChain network will be reorganized, and the token economy will be updated.
- New versions of MetaDex, MetaNFT, Roadmap, and MetaExplorer will be launched in February.
- It is currently not possible to determine a launch date for MetaCEX.
- Currently, MetaChain MTC is listed on the BitGet and MEXC exchanges, and new listings are planned for this year.
We thank you for your understanding and support during this process.
We reiterate our commitment to continue working together for the future of Metatime and extend our respects to you, our valued members.
Metatime Management Team
Metatime emerged as the concept of building the world of the future, envisioning an ecosystem designed 'from the ground up for everyone.'
Conducting the stages of technology development entirely with its own resources, Metatime aims to establish the world's most comprehensive and transparent digital ecosystem. By developing blockchain-based digital products, Metatime designs the future from today. In this context, Metatime continues to develop many products such as MetaChain, MetaWallet, MetaLaunchpad, MetaExchange, and MetaNFT, completely considering and designing them for users from the ground up, shaping the world of the future today.
With a vision to make blockchain accessible to everyone, Metatime leads the way in the transformation to Web 3.0.
By envisioning a future where blockchain becomes accessible to everyone, Metatime leads the way in spearheading the Web 3.0 transformation.