Metal, which offers the MTL token, is a payment system that uses Proof of Processed Payments (PoPP) to support the functioning of the user’s blockchain. As of May 30th, 2018, the platform has decided to reveal their new addition to the system – Crumbs.
Crumbs is a platform that provides a chance for consumers to use their assets in their wallet towards other purchases, much like other opportunities. However, it also lets consumers contribute the change from their purchases to dedicate to a crypto wallet for a portfolio. From there, the user can choose which asset they want to contribute the spare funds to. For instance, let’s say the participant purchases a coffee for $3.75. Of that charge, Crumbs automatically takes out the remaining 25 cents, waiting until the user accrues $5.00 in change before it deposits into the user’s digital wallet. With the technology available, consumers even have the option to split up the investment into two different tokens, as long as they use at least $5.00.
We got our hands on the Crumbs private beta and are pleased to share some in-app screenshots with you. A more in-depth overview of features with video(s) will follow later.https://t.co/8RCvDlG1xf@metalpaysme @crumbsapp_ pic.twitter.com/AEmxvUFMfj
— Metalpaynews (@metalpaynews) May 31, 2018
Even with this addition, Crumbs continues to be its own entity and will operate separately. The new option for Metal will be released this summer, and it will be called Metal Pay. In a statement from Metal, a representative said,
“What makes this move so incredibly exciting is that it reinforces Metal’s commitment to changing the way the world views money. We are committed to giving everyone an opportunity to participate in cryptocurrency, no matter how intensely or passively, especially while it’s still such a new concept to many.”