Benefits of RESET & its holders

Professor
MetaReset
Published in
3 min readSep 13, 2022

Dear Resetters,

As you know that MetaReset is aiming to become 100% community driven project with MetaWorld maturity, we are progressing towards such decentralization by strengthening our core pillars. Today, we are happy to bring the benefits of one such core pillars: $Reset and its holders.

$RESET is the currency of MetaReset. $Reset will be used as the utility, ubi, trade, taxation, tip, service, storage of value, etc., in all districts of MetaWorld by MetaPeople. On the other side, $Reset is the reflective index of MetaReset where one can buy $Reset and become Reset holder.

Reset holders will have extreme importance for holding the value of $Reset tokens. Some of the upcoming benefits of $Reset holders are as follows:

Staking:

After MetaPeople launch, there will be a mainnet release of our inbuilt Staking application. The application will be audited by third party audit agency and provide its report to the community. All $Reset holders can participate in staking. Holding $Reset in our staking platform will receive multiple rewards that include $Reset, $Exist and our crypto partner ecosystem tokens.

Steering Board Members:

As you know, the steering board will have 100 board members who will be selected from Top 100 Community members and eventually become governing force of MetaReset. Every steering board member should hold atleast 500,000 $Reset tokens to become eligible/ continue as a steering member. These 100 steering members will act independently as a board with MetaWorld maturity. All functional teams of MetaReset will report to them. These steering members will receive reward on the 15th of every month from community taxes.

For now, the Top 100 community members are being selected by the team based on various criteria as mentioned in our community manifesto. This top 100 will gradually become as Steering Board (with 100 members). The co-founders will select the first 5 steering committee members from the Top 100 Community members and the rest are followed by voting process. The first 5 steering members will be selected based on the value they bring and the exposure they built since the project start.

We are extremely happy to announce the first Two Steering Members now after very careful review:

1) Eric Cryptoman &

2) Barton Hill

Premium Tier Sale of MetaPeople:

The MetaPeople are ready. Its final preview is coming on 15, Sep 2022. There will be marketing efforts upcoming post the preview till its launch, to reach MetaPeople and its importance to wider audience. There will be three tiers of MetaPeople sale. The first tier is Private sale, where the OG NFTs will be sold to most valuable whitelisted influencers and partners. As the $Reset holders are equally important to the community and the project, we are inviting all the holders who hold 100,000 $Reset from 20, Sep 2022 to 05, Oct 2022. Those who are qualified can fill whitelist forms on 6, Oct 2022 to participate in our private sale, which is the most premium tier of our NFT sale.

Live2Earn (Universal Basic Income):

MetaPeople can live w.r.t social credit system to earn UBI. The UBI will come to full execution with MetaWorld mainnet launch.

One of our primary intention on UBI implementation is to keep the MetaWorld engaging with incremental adoption. The users are key, and we strongly believe that the first group of our userbase are our $Reset holders and the MetaPeople. As the maturity of MetaWorld could take time (as mentioned in our roadmap), we would like to start testing the UBI implementation even before MetaWorld.

The MetaPeople (atleast 1 MetaPeople NFT) who hold minimum of 500,000 $Reset will receive UBI airdrop every month. We would like to scale these MetaPeople as early adopters of MetaWorld.

Beginning of the EXIST token:

MetaReset is rapidly scaling its team. We have a dedicated team of designers and developers who are exceptionally skilled in 3D NFT development. As we have described and taken poll of our upcoming fashion brand name- we are officially declaring it here as ‘EXIST’. Thank you for the name, can’t be better than this. The brand Exist will be an entity of MetaReset.

All $Reset holders will receive $Exist as an airdrop during its launch. The 10% of revenue generated from Exist brand will be shared with $Reset holders.

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