Maya Preferred PRAPrice

(MPRA)

Maya Preferred PRA, often referred to by its token symbol MPRA, is a Web3 project launched in 2018 by UK Financial Ltd. The project focuses on bridging traditional finance and blockchain technology by creating digital assets backed by physical reserves. Its primary goal is to provide a stable, asset-backed digital currency that leverages the transparency and security of decentralized networks. The core feature of Maya Preferred PRA is its claim to be backed by substantial gold and silver reserves sourced from multiple mines in Mexico. Unlike typical utility tokens that rely solely on market demand, MPRA is designed as a Real-World Asset token. This backing is intended to provide intrinsic value and a layer of stability against the high volatility commonly found in the cryptocurrency market. Technologically, the project operates within a dual-blockchain framework. While it utilizes the Ethereum network and the ERC-20 standard to ensure compatibility with a wide range of decentralized applications and Web3 wallets, it also maintains a strong connection to the Ethereum Classic blockchain. The project developers favor Ethereum Classic for its commitment to decentralization and the principle of immutability. The ecosystem is currently undergoing a significant transition toward regulatory alignment. A new token called SMPRA has been introduced, which is built on the ERC-3643 security token standard. This new iteration includes integrated identity verification and compliance features, such as automated whitelisting and transfer restrictions. The aim of this transition is to achieve full compliance with major financial regulators, including the SEC. Beyond the flagship MPRA token, the broader Maya Preferred ecosystem includes several other components. This includes MPRD, a stablecoin used for transactions and mergers, and MayaCat, a gold-backed meme coin. The project also offers the MayaPro Wallet for asset management and Maya Media, a communication platform designed to provide verified investors with direct access to project updates and executive team members. As a Web3 initiative, Maya Preferred PRA emphasizes the use of smart contracts to manage its asset-backed claims and ensure that token distribution remains transparent and verifiable on the public ledger. The project positions itself as a specialized solution for institutional investors and participants in retirement plan programs who seek exposure to precious metals through a digital, blockchain-native format. Learn more

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