Welcome to the $METIS analysis we said!
It is a project where I managed Turkey Telegram, Twitter and Medium channels for more than two years, bought and sold at $3-4, and got to know the team.
#METIS is a Layer-2 project. So $ETH tries to create a new layer that tries to make the network cheaper and faster.
There are no new unlocks while 5.25 Million of the 10 Million total supply is in circulation. The remaining supply will be distributed over 100 years through network verification activities. So there is no risk of "unlocking".
Many projects emerged in this new network, which they named #Andromeda , and the first seeds of an ecosystem were sown months ago.
The #Layer-2 project, which continues to distribute gifts with community test rewards, has 15.8 Million transactions, 16.6 Million blocks, more than 812 thousand wallets, $0.016 transaction fee and $500 Million TVL (total locked value)!
As we end the presentation with a visual about which projects and what the ecosystem includes, I wish everyone a prosperous day!