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MetaGear

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Discover MetaGear's fundamentals and latest news.

This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is MetaGear?

MetaGear (GEAR) is a cryptocurrency token powering a play-to-earn game where players design and battle robots. The game features various modes, including campaign, PvP, tournament, and guild, and allows players to earn money by trading items, accessories, and garages on NFT marketplaces. The token is built on the Binance Smart Chain (BSC) with a maximum supply of 1 billion tokens.

How is MetaGear used?

MetaGear (GEAR) is a cryptocurrency that is part of a larger project inspired by the popular TV show "Robot Wars." The project aims to create a modern Pixel world, known as the Metaverse, where players can design and battle their own war machines. Each machine part has unique features and can be fused for endless possibilities. The game offers four modes: Campaign, PvP, Tournament, and Guild. Players can use their skills, creativity, and a touch of luck to win battles and earn valuable NFTs.

How do I store MetaGear?

To store MetaGear (GEAR) tokens, you have several options:

  1. Exchanges' Wallets: You can store your MetaGear tokens on the wallets provided by exchanges like Binance Wallet. This is a convenient option, but it is considered less secure as the wallets are always online and may be vulnerable to hacks.

  2. Crypto Wallets: You can store your MetaGear tokens on crypto wallets like Trust Wallet. These wallets are more secure than exchange wallets but still have some risks associated with them.

  3. Cold Wallets: For long-term storage and maximum security, you can use cold wallets. There are two types of cold wallets:

  • Paper Wallet: This is a physical wallet where you generate and print your public and private keys offline. You can store the keys securely and use them for transactions.
  • Hardware Cold Wallet: This is a physical device like a USB drive where you can store your cryptocurrency. It is offline and can only be accessed by the person possessing the device.

Using a cold wallet is the safest way to store your MetaGear tokens, especially if you plan to hold them for an extended period.

How to buy MetaGear?

To buy MetaGear (GEAR) tokens, you can follow these steps:

Buying from a Decentralized Exchange (DEX)
  1. Choose a Crypto Wallet: Select a reliable wallet like MetaMask or Trust Wallet that supports the blockchain of the DEX you will use.
  2. Set up Your Wallet: Create an account, provide personal information, and set a strong password. Note down your secret recovery phrase or seed words carefully.
  3. Buy Base Currency: Purchase a base currency like ETH, BNB, or USDT from a cryptocurrency exchange platform. This will be used to trade for GEAR.
  4. Transfer Funds to Wallet: Withdraw your base currency to your crypto wallet by providing your wallet address and the amount to transfer.
  5. Connect to DEX: Connect your wallet to a DEX that supports GEAR, such as Pancake Swap. Ensure the DEX supports your wallet.
  6. Buy GEAR: On the DEX, select GEAR from the list and enter the amount you want to trade. Be cautious of scams and ensure you have the correct contract address.
Buying from a Centralized Exchange (CEX)
  1. Register on CEX: Create an account on a CEX that supports GEAR trading. Verify your identity and enable two-step verification for security.
  2. Buy Base Currency: Use fiat to purchase a base currency like USDT, ETH, or BNB on the CEX. You can also use services like PayPal or Robinhood for funding.
  3. Transfer to CEX: If the CEX supports both fiat purchases and GEAR trading, you can trade directly. Otherwise, transfer your base currency to a CEX that supports GEAR trading.
  4. Buy GEAR: Trade your base currency for GEAR in the spot market on the CEX.
Additional Tips
  • Research the fees and liquidity of the exchanges you use.
  • Be aware of market trends and tax implications.
  • Diversify your portfolio to minimize risks.
  • Ensure you have the correct contract address to avoid scams.
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History of MetaGear

MetaGear (GEAR) is a cryptocurrency that was inspired by the popular TV show "Robot Wars" and aims to create a modern pixel world, known as the Metaverse. In this world, players can design and battle their own war machines, earning valuable NFTs through various game modes such as Campaign, PvP, Tournament, and Guild.

The project's developers have over 10 years of experience in creating mobile games and aim to provide an engaging and rewarding experience for players. MetaGear is not only a form of entertainment but also an investment opportunity, designed to be accessible and not time-consuming.

Historically, MetaGear has seen significant price fluctuations. It reached its highest price of $0.7260 on January 31, 2022, and its lowest price of $0.0002 on December 11, 2022. As of the current date, the price of MetaGear is around $0.0007, with a trading volume of $313 in the last 24 hours.

The project's market capitalization is currently $0, with a maximum supply of 1,000,000,000 GEAR coins. The circulating supply of GEAR is 0 coins, and the project ranks #5324 on the market. Despite the fluctuations, MetaGear continues to be traded on popular exchanges such as Binance, Kraken, and Kucoin, with the most active trading pair being GEAR/WBNB on PancakeSwap (V2).

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How MetaGear works

MetaGear (GEAR) is a cryptocurrency that operates within a blockchain-based ecosystem. Here's an overview of how it works:

Wallet Setup

To start using MetaGear, you need to set up a crypto wallet. This can be done by choosing a reliable wallet that supports the blockchain where MetaGear resides. Popular options include Coinbase Wallet, MetaMask, and TrustWallet. You can download the wallet extension on Google Chrome or the wallet app from the iOS App Store or Google Play. It's essential to research the types of wallets suitable for your trading preferences, such as hot wallets for frequent transactions or cold wallets for long-term storage.

Base Currency

To buy MetaGear, you need to purchase a base currency, which is typically a widely popular coin like Bitcoin, Ethereum, or Tether. This base currency will be used to trade GEAR and other coins. It's recommended to start with a small amount to avoid risks and be aware of market trends, trading fees, and crypto taxes due to high volatility.

Decentralized Exchange (DEX)

A DEX is a peer-to-peer platform that connects individuals looking to buy and sell cryptocurrencies. You need to choose a DEX that supports your wallet. For example, if you're using the Binance wallet, you can use Pancake Swap to complete the transaction. When selecting a DEX, consider the trading fees and liquidity of the trading pairs, as higher liquidity typically leads to better pricing and tighter spreads.

Buying MetaGear

Once you have chosen a DEX, you can connect it to your wallet and start trading. Select GEAR from the list and enter the amount you want to trade. It's crucial to diversify your portfolio by investing in multiple cryptocurrencies to spread risks and increase the chances of success.

Smart Contracts

If MetaGear is not listed on the DEX, you can use tools like BscScan or Etherscan to locate the smart contract address. This address can be copied and pasted into Pancake Swap to facilitate the transaction. Be cautious of scams and ensure you have the correct contract address.

Staking and Airdrops

MetaGear offers alternative methods to acquire the token, such as staking and airdrops. Staking allows investors to secure returns with relatively low risk, while airdrops are a safer and less costly method to gain MetaGear.

Price and Market Data

MetaGear's price and market data are updated in real-time. The token's market capitalization, trading volume, and other statistics are available on platforms like CoinMarketCap.

Community and Metaverse

MetaGear is part of a larger Metaverse ecosystem inspired by the TV show "Robot Wars." In this world, players design and battle their own war machines, earning valuable NFTs. The project aims to provide an entertaining and investment-oriented experience for gamers.

Price Prediction

Price predictions for MetaGear are based on technical indicators and market trends. These predictions can help investors make informed decisions about buying or selling the token.

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MetaGear's strengths

The token MetaGear (GEAR) has several strengths that make it an attractive investment opportunity:

  • GameFi and NFT Integration: MetaGear is a game that combines creativity and strategy, allowing players to design and battle robots. The game incorporates NFTs, which can be traded, rented, and used to earn rewards, providing a unique play-to-earn experience.
  • Token Utility: The GEAR token is the governance token used in the economic system of MetaGear. It has various utilities such as staking, farming, marketplace trading, buying NFTs, and participating in events, ensuring a robust ecosystem.
  • Strong Team and Advisors: MetaGear has a diverse team of developers and advisors, including experienced professionals from the gaming and blockchain industries, which adds credibility to the project.
  • Roadmap and Development: The project has a detailed roadmap outlining its development milestones, including game design completion, smart contract audits, and listings on various exchanges, indicating a clear plan for growth and expansion.
  • Potential for Growth: With a predicted price rise of 228.04% by July 11, 2024, MetaGear presents a promising investment opportunity for those looking to capitalize on its growth potential.

These strengths collectively contribute to MetaGear's appeal as a cryptocurrency project with a well-rounded ecosystem and promising future prospects.

MetaGear's risks

MetaGear (GEAR), as a cryptocurrency, carries several financial risks that investors should be aware of:

  1. Volatility: Cryptocurrency prices can fluctuate significantly on any given day, leading to potential losses if not managed properly.

  2. High Risk of Losing Money Quickly: Crypto assets are known for their high volatility, which means that investors can lose a substantial portion of their investment rapidly.

  3. Market Risk: The value of MetaGear can be affected by market conditions, and past performance is not a guarantee of future results.

  1. Leverage and Gearing: If investors use leverage to invest in MetaGear, they may be exposed to higher risks due to the amplification of potential losses. High gearing ratios can make a company more susceptible to economic downturns.

  2. Risk of Trading with Unaffordable Funds: Investors should not trade or invest money they cannot afford to lose, as this can lead to significant financial distress.

  3. Lack of Investment Advice: MetaGear does not provide investment advice, and investors should consult their own financial advisors before making any investment decisions.

  1. Price Fluctuations: The price of MetaGear can increase or decrease rapidly, and investors should be prepared for both scenarios.

These risks highlight the importance of thorough research, risk assessment, and careful financial planning before investing in MetaGear or any other cryptocurrency.

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Did MetaGear raise funds?

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MetaGear's ecosystem

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MetaGear’s team

  • Tony Vu: Team member of MetaGear.
  • Nang Doan: Founder of MetaGear.
  • Kimmie Vu: Team member of MetaGear.
  • Cuong Cao: Team member of MetaGear.
  • Suri Hoang: Team member of MetaGear.
  • Ming Vu: Team member of MetaGear.
  • Hoang Pham: Team member of MetaGear.
  • Hai Lee: Team member of MetaGear.
  • Yen Nguyen: Team member of MetaGear.
  • Hai Nguyen: Team member of MetaGear.
  • Julia Dam: Team member of MetaGear.
  • Thanh Bui: Team member of MetaGear.
  • Minh Nguyen: Team member of MetaGear.
  • Dung Pham: Team member of MetaGear.
  • Binh Vu: Team member of MetaGear.
  • Hien Nguyen: Team member of MetaGear.

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The fundamental analysis assistant for crypto value investors.

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