MetaMask Institutional Solution (MMI) Review Q1 2023: New Features and Impressive Growth
On April 18th, MetaMask Institutional Solution MMI (MetaMask Institutional) released a Q1 2023 review, which includes new features such as portfolio dashboard, account bundling for
On April 18th, MetaMask Institutional Solution MMI (MetaMask Institutional) released a Q1 2023 review, which includes new features such as portfolio dashboard, account bundling for NFT views, authentication and login, and Institutional Stacking market. In terms of data, the eight week user retention rate of MMI expansion exceeds 65%, which is an indicator closely monitored by the team. The use of MMI to deploy assets on the chain (AUD) increased by 89.17%. Meanwhile, the MMI team expects an annual revenue growth of 25.87%.
Meta Mask Institutional Solution MMI Releases Q1 2023 Review, Chain Assets Increase by 89.17%
MetaMask Institutional Solution (MMI) has long been a leading provider of decentralized finance (DeFi) solutions, allowing institutions to access the benefits of blockchain technology. On April 18th, MMI released a Q1 2023 review, which revealed new features such as portfolio dashboard, account bundling for NFT views, authentication and login, and Institutional Stacking market. In addition, they shared impressive growth metrics that suggest substantial potential for the future. Let’s take a closer look at this Q1 review.
Introduction:
MMI is a decentralized wallet designed for institutional investors. It was created in 2016 and has since become one of the leading providers of DeFi tools for institutional investors. This institutionally-focused platform aims to make it easy for institutions to store, send, and receive cryptocurrencies, as well as engage in various DeFi protocols.
New Features:
Portfolio Dashboard: MMI’s portfolio dashboard is designed to help institutional investors manage their portfolios more effectively. This dashboard displays all of the assets that an institution has stored on MMI, allowing users to quickly view the performance of their portfolio.
Account Bundling for NFT Views: This feature allows users to bundle their NFTs together, creating a better user experience.
Authentication and Login: With this feature, MMI users can now authenticate their accounts before logging in. This improves security and reduces the risk of phishing attacks.
Institutional Stacking Market: This is a new market that is developed specifically for institutional investors. This market allows users to earn a yield on their assets.
Growth Metrics:
According to MMI’s Q1 2023 review, their eight-week user retention rate has exceeded 65%. This is particularly impressive, as it shows that institutional investors are finding value in the platform, and that they are maintaining their accounts over time.
The platform’s use to deploy assets on the chain (AUD) has also increased substantially, rising by 89.17%. This is a strong indicator that institutions are finding value in the platform and using it to deploy assets.
Furthermore, the MMI team expects an annual revenue growth of 25.87%. Given the current market conditions, this is a very promising sign.
Conclusion:
Overall, MMI’s Q1 2023 review suggests that the platform is continuing to grow and expand. With its new features and promising growth metrics, MMI is well-positioned to be a leader in providing DeFi solutions to institutional investors.
FAQs:
Q1. What is MMI?
Ans: MetaMask Institutional Solution (MMI) is a leading provider of decentralized finance (DeFi) solutions for institutional investors.
Q2. What are some of the new features in MMI’s Q1 2023 review?
Ans: Some of the new features include a portfolio dashboard, account bundling for NFT views, authentication and login, and an Institutional Stacking market.
Q3. What is the MMI team expecting in terms of annual revenue growth?
Ans: The MMI team expects an annual revenue growth of 25.87%.
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