MetaToll - $TAX

MetaTariff is geared to be a peer-to-administration (“P2A”) system within the peer-to-peer (“P2P”) universe (presently appropriate as the “metaverse”). Now with a vision for allowing all P2P online payments to be sent with an embedded feature - the transaction tariff (or “riff or “toll”) which is secondary as a P2A transaction sent as part of the same P2P primary transaction. Similar in appearance, but not in nature, to a gas fee on a respective network, the terms gas fee and riff should not be used synonymously.

In the age of uncertainty and decentralized environments, an important and controversial topic that stands in the way continues to be the taxation of cryptocurrency transactions and/or gains, not only in the “United” States of America, but across all nations on earth. The solution to date includes nothing but a set of codes within a certain manual which reads to over 90% of the P2P community as nothing more than overly intricate and much more convoluted set of laws - deemed unnecessary. Throughout history, the idea of taxation has long been political and controversial more times than not since the laws are ever evolving with changes in leadership. At MetaTariff, our approach to the solution is not anarchist in nature so to avoid corruption and disorganization. But an innovative resolve that brings regulators and the crypto networks together to effectively find a fair and beneficial resolve for all; nationally, internationally, and even intergalactically! The difference includes involving an independent third party that has complete oversight and decision making from a Decentralized Autonomous Organization (“DAO”), such as MetaTariff, to implement and assist with adoption for cryptocurrencies, blockchain networks, and administrative bodies for all nations.

The present discussion to bring more structure and acceptance to crypto has been the dreaded regulation of cryptocurrency. Our proposal is quite the opposite; deregulation (“deReg”) with the adoption of two tokens MetaTariff ($RIFF) as the DAO and MetaToll ($TAX) as the Toll currency (also to be synonymous with a “riff”). Since the administrator in the P2A transaction is an independent and non-governmental third party, it allows society to move away from allowing governments to decide what is best for them without input from the citizens; we now will decide what is best for ourselves including the crypto world and metaverses.