MetaMask Institutional Solution (MMI) Q1 2023 Review: New Features and 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) recently released its Q1 2023 review, showcasing new features and impressive growth in user retention and asset deployment. This institutional version of MetaMask aims to cater to institutional investors and clients, providing them with secure and customizable cryptocurrency wallet solutions. In this article, we will delve deeper into the features offered by MMI and the growth that it has achieved, as well as discuss the factors that have contributed to its success.
Features Offered by MMI
MMI provides a range of features that cater to the diverse needs of institutional clients. The portfolio dashboard is one such feature that allows clients to track their assets and investments in real-time. The dashboard is highly customizable, allowing clients to tailor it to their specific requirements.
Another feature offered by MMI is account bundling for NFT views. This feature enables clients to bundle their NFT assets, making it easier to view and manage them. Authentication and login are also provided, ensuring that the clients’ assets are secure and accessible only by authorized users.
The Institutional Stacking market is a new feature on MMI, which enables institutional clients to lend their assets to other users on the chain. This feature allows clients to earn interest on their assets, creating a passive income stream.
Growth and Expansion of MMI
The Q1 2023 review of MMI highlights impressive growth in user retention and asset deployment. The eight-week user retention rate of MMI expansion exceeds 65%, indicating that clients are satisfied with the product and are likely to continue using it. The use of MMI to deploy assets on the chain (AUD) increased by 89.17%, indicating that clients are deploying more assets through MMI.
In terms of revenue growth, the MMI team expects an annual growth of 25.87%. This is a positive sign for the company’s financial performance and prospects for the future.
Factors Contributing to MMI’s Success
Several factors have contributed to MMI’s success. One of the primary factors is security. The institutional version of MetaMask provides enhanced security features that are essential for institutional clients who hold substantial assets. This security provides peace of mind to clients and fosters trust in the product.
Customizability is another factor contributing to MMI’s success. The portfolio dashboard and account bundling features enable clients to tailor the product to their specific needs, providing a highly personalized experience.
Additionally, the Institutional Stacking market feature is unique and provides clients with a new opportunity to earn a passive income stream.
Conclusion
MetaMask Institutional Solution (MMI) has released new features and achieved impressive growth in its Q1 2023 review. The features offered by MMI cater to institutional clients’ diverse needs, providing them with a secure and customizable cryptocurrency wallet solution. The growth achieved by MMI is testament to its success, and several factors have contributed to it. MMI’s focus on security, customizability, and unique features has made it a viable option for institutional clients.
FAQs
Q1. What is MMI?
Ans. MMI is an institutional version of MetaMask that provides secure and customizable cryptocurrency wallet solutions for institutional clients.
Q2. What new features have been released by MMI?
Ans. MMI has released new features such as portfolio dashboard, account bundling for NFT views, authentication and login, and Institutional Stacking market.
Q3. What growth has MMI achieved?
Ans. The eight-week user retention rate of MMI expansion exceeds 65%, and the use of MMI to deploy assets on the chain (AUD) increased by 89.17%. The MMI team also expects an annual revenue growth of 25.87%.
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