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Unlocking the Future of Tokenized Shares: An Interview with Metallika CEO Venkatesh Padala

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Good afternoon, Metallika. It’s great to see you at this event in London. Thank you for your time. May I ask you a question?

What do you think is the future potential for Bitcoin?

Well, Bitcoin will definitely bounce back because its core foundation serves as the benchmark for the entire crypto industry. Many tokens are based on the Bitcoin network, and despite its ups and downs over the last decade, Bitcoin has always managed to rebound. We anticipate that it could eventually reach the $100K level that was discussed a couple of years ago.

Do you think government regulation could slow down projects like yours?

Government regulations will certainly impact projects, but they could also benefit many industry-based projects like Metallika. Even though regulations may initially slow down the crypto industry, they will ultimately lead to a more streamlined and structured environment. We foresee a significant uptrend once regulations are implemented.

It will take time for governments to develop and enforce regulations without adversely affecting the crypto industry, so we expect the regulations to be relatively soft initially.

Could you explain the use case of your project, Metallika?

Metallika focuses on the mineral mining industry, aiming to provide transparency, flexibility, and compliance for various stakeholders, from mine owners and governments to traders and consumers. Our project has the potential to impact local communities as well as end users, and we believe it has significant value-add across the spectrum.

Which country are you representing?

Our headquarters is in Dubai, but we have operations in Africa, Asia, and India. We are also partnering with mine owners in Africa and Asia. We chose these countries because they have many small and mid-cap miners who are interested in joining our platform, which will help us expand aggressively.

Which blockchain will you use?

We will be using Ethereum and Binance. Our tokens are based on both blockchains, making it a cross-platform solution.

So, users can purchase Metallika shares directly from their phones?

Yes, users can buy utility tokens for Metallika straight away from their phones.

Thank you very much!

In conclusion, the potential for blockchain tokenized shares is immense, particularly as more industries begin to adopt the technology. Projects like Metallika demonstrate how tokenization can revolutionize industries and create new opportunities for growth and collaboration.

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. CoinReporter.io and EUReporter.co does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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