After the billionaire CEO of Tesla (NASDAQ: TSLA) and Twitter (NYSE: TWTR), Elon Musk, became part of a heated internet argument related to MetaTime, a Turkish-based cryptocurrency project, initiating the launch of the #FreeMetaTime campaign, the company has made several accomplishments.
Specifically, Metatime caught the attention of the crypto public after multiple unexpected account cancelations and bans on Twitter caused great resentment from nearly 350,000 registered users of the blockchain platform and led to its CEO Yusuf Sevim reaching out to Musk over Twitter, as Finbold reported on June 19.
In response that seemed like a veiled reference to a direct answer to the issue surrounding Metatime, Musk only said that Twitter would suspend “accounts that try to game our verification system with non-sequitur self-promotion or advertise in a misleading way” without much additional explaining. To make matters more complicated, Twitter later took away Metatime’s blue verification tick.
However, the above issues do not seem to have dampened the optimism or development efforts of Metatime’s team, which on June 21, confirmed that it had passed with flying colors a comprehensive smart contract review and security analysis by the independent audit firm Hacken, achieving excellent results in code, user interactions, system features, and other areas.
As of June 22, Metatime has secured $25 million in investments as it was gearing up to list its ecosystem token on the top 20 global crypto exchanges, according to a press release in which the company said it aimed to launch its solutions “into various sectors such as energy, tourism, insurance, CRM, advertising, cybersecurity, and virtual reality.”
On June 26, crypto trading platform Bitget said it was listing the Metatime Coin (MTC), along with a staking prize pool of 250,000 MTC, while Bybit made a similar announcement, stating that MTC was live in several regions, including Türkiye, Indonesia, India, Vietnam, and the Philippines, with a 40,000 Tether (USDT) prize pool.
More recently, on July 5, the company announced MetaLaunchpad Wizard, which “offers an infrastructure where anyone can tokenize their own products and services without knowing software while creating a platform where developers can build community and raise funds.”
