Metronome Minute — Colleen Sullivan
In the Metronome Minute, we ask members of the Metronome team questions about their role, expertise, and what interests them about the project.
This edition features one of Metronome’s advocates: Colleen Sullivan, a partner in CMT Digital Holdings and has been a partner in the broader CMT Group since August 2013. CMT Digital Holdings invests in the digital assets and blockchain technology space, including cryptocurrencies through its proprietary trading desk.
How did you hear about Metronome and what is your role as its advocate?
I’ve known the original developers, Jeff Garzik and Matthew Roszak, for about four years. When I learned that they were developing a new cryptocurrency, I was immediately interested. Through my conversations with Matt, Jeff, and other industry leaders, alongside my independent research on Metronome, I became convinced that this was something worth my attention.
What excites you most about Metronome?
CMT and I are looking forward to the launch of a first-of-its-kind multi-blockchain cryptocurrency with a known governance structure where the rules of operation are truly known and predictable. The CMT Group got its start as a proprietary trading firm focused on trading global listed derivatives, where the rules and regulations governing how those instruments are created, maintained, and traded are transparent and fair. This type of transparency has been lacking in the cryptocurrency space.
Additionally, if the underlying chain that Metronome is held on doesn’t fit specific needs, the owner can move their MET to a chain that does satisfy those needs — as the same asset. I add that emphasis because this aspect of Metronome is interesting; the ability to export and import the same digital asset in the future, based on the needs of the owner, is something entirely new, and much needed in cryptocurrency.
What do you think has been the greatest challenge in bringing this cryptocurrency to life?
As an advocate, looking in on the project, I have just as much visibility as the rest of the public. Fortunately, the team has been approachable and transparent.
It’s my understanding that getting all the technical aspects along with non-technical parts of the ecosystem ready has been challenging — and rightly so. Since Metronome will not have a foundation or any founder control after it launches, frontloading regulatory and technical scrutiny is paramount.
What do you hope will be the most-used application of Metronome?
As far as CMT is concerned, there could be a few reasons for buying a digital asset: a store of value, among other uses. Thus, Metronome is an interesting cryptocurrency, and one that we’re keeping a close eye on. Its predictable issuance, its transparent governance, and its independence from a single chain and fluctuations in hashpower make it particularly noteworthy. I would not be surprised if many purchasers recognize (or are looking for) a digital asset that can satisfy these applications and needs.
For myself, I want Metronome to fill the role of a true cryptocurrency: something used for a store of value, for payments, and as a programmable smart money. Currently, many different cryptocurrencies seem to fill only one of these criteria well. Metronome is bringing together the best of all of these.
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The Metronome team is justifiably proud of its advisors’ calibre. Its stellar spread of talent and expertise in its advisory board mesh, meld, and guide the core team to bring this new cryptocurrency to life.
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More to come,
The Metronome Team
