Meter Governance

Meter Governance is the sort of cryptocurrency that makes sense mainly inside a project’s own ecosystem. By our assessment, it sounds like a governance token, the kind people hold to take part in decisions rather than to spend like ordinary money. That can be useful in practice, because it gives a named role to voting and coordination, and it fits the way many crypto projects split utility from control. The downside is that governance tokens are rarely simple: their value depends on whether the underlying network actually matters, and they often feel abstract outside that circle. Meter Governance therefore sits nearer to infrastructure than to a consumer coin, and anyone looking for an everyday payment asset will probably find the fit weak. What it does best is formalise control, which is a narrow job but a real one.