Metahero

Metahero is a deflationary real utility token that uses an ultra-realistic 3D technology to generate 3D avatars and virtual objects for use across social media, games, fashion, art, and medicine. Launched in June of 2021, with an initial seed fund of $10 million, Metahero hopes to take cryptocurrency adoption to the next level by catalyzing our evolution into a parallel digital universe.

Metahero promotes the idea of metscanning―the realistic scanning and transformation of real-life objects into useful avatars within the metaverse. The revolutionary idea will crystallize Metahero as a bridge between reality and the digital world. Metahero’s technology connects artists, entrepreneurs, and gamers in unique ways.

One way is through its native token, HERO, which employs real business use cases that span across social media, and art. Moreover, Metahero spearheads a revolutionary metascanning technology fit with some of the best graphic rendering capabilities in history.

The story of Metahero begins with Codewise, a Krakow-based startup and one of the fastest-growing European software firms of the last few years. Codewise was acquired in 2020, and its CEO, Robert Gryn, took $10 million of the proceeds and committed it to self-funding his vision for the metaverse. Although Metahero was formed in 2021, Gryn is deeply involved with web3, most notably, as an angel investor into Tenset, a bridge between the traditional stock market and crypto. The Metahero team features numerous Codewise alumni and a rapidly expanding cast of developers, engineers, and community builders.

With plans to install 12 Metahero 3D chambers across the globe, Metahero will offer over 100,000 people the chance to scan themselves or other items each year. The 3D realistic avatars generated by metascanning present the first use case for Metahero. To help promote this project, a number of artists, celebrities, and influencers will be tapped to encourage the use of Metahero’s metascanner. Moreover, gaming companies can utilize the metascanning technology to create the best gaming experience in the metaverse. Museums can also fuse perfectly into the metaverse with Metahero. Their collections can be scanned and stored to digitize exhibitions. The experience will resemble everyday life which makes Metahero even more important in an increasingly remote world.

Metahero scanners are a technological novelty. Each one uses a mobile 3D chamber consisting of 16 movable stanchions with a server unit and four cameras. In addition, there are a total of 64 devices poised to capture images in perfect synchronization. 

To give users access to 3D scanning, Metahero plans to set up scanning chambers in strategic locations around the world. To start, there are plans to install 12 chambers in areas with a strong culture of technology and gaming.

Their first-generation 4K public chamber is already operational in Doha, Qatar. Other cities that will follow include Tokyo, Berlin, New York, Seoul, and many others. All that’s required to use Metahero scanning is to download their app and hold a certain number of HERO tokens, the platform’s native asset, in your wallet to pay for the scan. Metahero will charge around $200 USD for a full-body scan, comparatively less than average rates.   

The Metahero app is another pillar of the Metahero ecosystem. Although there are elaborate plans for the future, the first iteration of the app will act as a vehicle for holding and transacting in HERO tokens. Later, the app will also allow users to license the NFTs, track all metrics related to their HERO activity, and function as a fiat onramp. In particular, integrating the app with the fiat system is a vital part of Metahero’s strategy to drive mass adoption.

At present, in order to obtain HERO and participate in next-generation 3D scanning, users must acquire BNB tokens on BNB Smart Chain and then purchase HERO via PancakeSwap — a process with quite a bit of friction. Once subsequent versions of the app are complete, users will be able to skip this friction and go from their local currency to HERO in a few clicks.

Metahero also has aspirations to integrate with Visa, which would allow HERO holders to spend tokens on daily expenses. 

The HERO token is a utility token that gives a user access to the Metahero ecosystem. The token employs a novel deflationary model that decreases the total supply over time. In terms of use, HERO gives its holder the ability to transact on the Metahero NFT marketplace, pay for royalties, or fund scans of their own. The HERO public sale took place in June 2021 via the Tenset Gems Platform.

The launch and public presale were followed by an IDO on Pancakeswap in July 2021. The total supply of HERO is capped at 10 billion, and there are locking mechanisms in place to discourage token dumping. Given its focus on mass adoption, Metahero requires an environment with affordable and fast transactions. And according to the team, the HERO token was launched on BSC with scalability and inclusivity in mind.