Meter.IO is to provide solutions to two holy grail problems in the cryptocurrency space:
1. How to create a crytpo native stable unit of account based on proven technologies (proof of work).
2. How to create a highly decentralized high performance consensus.
It is based on a new proof of value consensus that married the benefits of proof of work and proof of stake and avoided the problem in each. The result is a permissionless cryptocurrency system that is highly decentralized yet high speed, low volatility and long term stable in purchasing power.