“One of the pioneering firms in web3 solutions, digital assets and tokenization, recognized for its innovation and solid reputation across Spain and Latin America.”
Jorge CorredorLawyer, Rincón Cuéllar & Asociados
Crypto token development. Built for use, ready for MiCA.
We are a token development company. We build the token your users earn, spend and redeem in your product, with its ERC-20 contract, issuance rules and MiCA position settled before launch.
They trust Metlabs with their blockchain projects
Utility tokens
What does a utility token do in your product?
It gives holders access to a good or service you provide, such as usage credits, discounts, features or redeemable products. Legally it is a claim against the issuer, not a share in the company. That is why we design the utility before the contract and check how MiCA treats the offer before launch.
Dec 2024
MiCA applies to utility token offers
MiCA Regulation · 2023
20
working days' notice for the white paper
MiCA Regulation · 2023
€1M
12-month offer cap without a white paper
MiCA Regulation · 2023
What's included
What our crypto token development services include.
A token nobody uses is a line on a block explorer. Every piece makes sure yours has a clear use, an identified issuer and a contract you can prove.
Utility design
What the token lets holders do, who issues it, how it is earned and where it is redeemed in your product.
Issuance model
Supply, issuance schedule, vesting and burn rules, modeled before a single line of code is written.
ERC-20 contract
A contract on OpenZeppelin with minting roles, pause and supply limits, all tested with Foundry.
MiCA positioning
Exemption analysis and a white paper drafted with your legal counsel when the regulation requires it.
App integration
Balance, signing and redemption built into your app, with embedded wallets for users who have none.
Deployment and operations
Multisig deployment, source verified on the explorer and a dashboard to run every issuance.
Architecture decision
Points, an exempt token or a MiCA white paper?
This decision sets the legal and technical cost of the project. Points in your database are not a crypto-asset. A token on a public network is, and MiCA decides whether its offer needs a white paper.
| Criterion | Off-chain points | Exempt ERC-20 token | Token with white paper |
|---|---|---|---|
| Where the balance lives | In your database, under your sole control. | On a public network, in the user's wallet. | Same as exempt. The offer changes, not the contract. |
| MiCA regime | Out of scope. It is not a crypto-asset. | No white paper under an Article 4 exemption. | Full Title II, with a notified white paper. |
| What launch requires | Terms of use and your data policy. | A record of why the exemption applies. | Notice 20 working days before publication. |
| Typical fit | Closed loyalty, no transfers between users. | Usage credits for a service that already runs. | Pre-sales or admission to trading. |
A legal review of the product confirms the final classification. We hand over a technical design ready for that review.
Methodology
How we develop your utility token.
Four phases, each with a concrete deliverable. The utility and the model are closed before any code, and no contract reaches mainnet untested.
A spreadsheet with supply, distribution, vesting and usage assumptions, reviewed with you before coding.
A document with the architecture and token economics, plus the MiCA analysis your counsel reviews.
An ERC-20 contract on OpenZeppelin with minting and pause roles, reviewed function by function in a pull request.
Supply fuzzing and invariants with Foundry, Slither analysis and deployment from a multisig.
Tools for a token people use.
ERC-20 contracts on audited libraries, testing with Foundry, low-cost EVM networks and the integration into your app.
- Solidity
The smart contract language for verifiable rules on EVM networks.
- OpenZeppelin
Audited Solidity contracts for tokens, access control and upgradeable systems.
- Foundry
Solidity tests, invariant fuzzing and command-line tooling for EVM networks.
- Ethereum
EVM contracts, tokens and final settlement on an open Proof of Stake network.
- Base
An EVM layer 2 on the OP Stack with tools for building applications.
- Wagmi
Hooks for EVM wallets and contracts in React, Vue and other frontends.
Use cases
Where we apply utility tokens.
A utility token fits when your users need a balance they can see, spend or carry to another service under the same rules.
Cross-brand loyalty
Points redeemable across the brands of a group, with a balance customers check in their app.
Blockchain for Fashion & Luxury
Service credits
Credits to charge a vehicle or consume energy, issued at payment and burned when they are used.
Blockchain for Energy & Sustainability
In-game currency
A currency players earn and spend, with supply and issuance rules anyone can audit on-chain.
Blockchain for Gaming & Entertainment
Learning credits
Credits an institution awards for completed courses, which learners redeem for other services.
Blockchain for Education
Reviews
What do our clients think of Metlabs?
“We structured the tokenization of real estate projects with them, and I value the team's ability to understand our corporate needs and genuinely solve them.”
Joan MejíaManager, GLOBYNE
“They advised us on the feasibility of tokenizing real estate assets in Uruguay with direct, cordial treatment. A professional team, responsive and always available.”
Álvaro Silva SantamaríaCEO, Sp Inmuebles
“Great professionals at structuring tokenized projects, with technical command and attention to detail that inspire full confidence at every stage of the work.”
Francisco BetancourtVerified Google review
“As a blockchain lawyer, I value their experience and professionalism in consulting and executing tokenization projects. Technology partners you can fully trust.”
Vanessa RivasBlockchain lawyer, El Salvador
“Great professionals, very attentive to their clients and always mindful of every detail. Working with their team has been a genuine pleasure from start to finish.”
CriptorentVerified Google review
“A very professional yet approachable company that empathizes with your doubts and needs. Highly recommended for entrepreneurs with a tokenization project.”
Javier EspasaTokenization entrepreneur
“Exceptional in every sense. From legal support I value their rigor and transparency: working with Metlabs means professionalism, innovation and security.”
Pedro A. Agúndez MéndezGoogle Local Guide
“Excellent service across blockchain development, asset tokenization and consulting. A very professional team that I recommend wholeheartedly, without reservation.”
José Luis DíazVerified Google review
“I have worked with them on several projects and they are very professional. A guarantee that everything turns out perfectly. Without a doubt, 100% recommended.”
Ignacio Fernández JiménezVerified Google review
“One of the pioneering firms in web3 solutions, digital assets and tokenization, recognized for its innovation and solid reputation across Spain and Latin America.”
Jorge CorredorLawyer, Rincón Cuéllar & Asociados
“Great professionals at structuring tokenized projects, with technical command and attention to detail that inspire full confidence at every stage of the work.”
Francisco BetancourtVerified Google review
“A very professional yet approachable company that empathizes with your doubts and needs. Highly recommended for entrepreneurs with a tokenization project.”
Javier EspasaTokenization entrepreneur
“I have worked with them on several projects and they are very professional. A guarantee that everything turns out perfectly. Without a doubt, 100% recommended.”
Ignacio Fernández JiménezVerified Google review
“We structured the tokenization of real estate projects with them, and I value the team's ability to understand our corporate needs and genuinely solve them.”
Joan MejíaManager, GLOBYNE
“As a blockchain lawyer, I value their experience and professionalism in consulting and executing tokenization projects. Technology partners you can fully trust.”
Vanessa RivasBlockchain lawyer, El Salvador
“Exceptional in every sense. From legal support I value their rigor and transparency: working with Metlabs means professionalism, innovation and security.”
Pedro A. Agúndez MéndezGoogle Local Guide
“They advised us on the feasibility of tokenizing real estate assets in Uruguay with direct, cordial treatment. A professional team, responsive and always available.”
Álvaro Silva SantamaríaCEO, Sp Inmuebles
“Great professionals, very attentive to their clients and always mindful of every detail. Working with their team has been a genuine pleasure from start to finish.”
CriptorentVerified Google review
“Excellent service across blockchain development, asset tokenization and consulting. A very professional team that I recommend wholeheartedly, without reservation.”
José Luis DíazVerified Google review
Team
In-house blockchain development team
Metlabs is a blockchain development company based in A Coruña, Spain. An in-house team covers every part of the project, from product and engineering to infrastructure and legal fit. The people who design your architecture write, test and deploy the code.
Meet the team- Projects in production
- +30
- In tokenized assets
- +$40M
- In‑house development
- 100%
Isaac González
Head of Innovation
Carlos Peña
Full Stack Engineer
Pablo Castro
DevOps Engineer
Helena Ramos
Product Designer
Javier Yáñez
Legal
Security
Security in utility token development
Every delivery goes through the same checklist before it reaches mainnet. What changes between projects is the depth of each control, because an MVP does not carry the same risk as a contract that holds third-party funds.
Before mainnet
- Roles and permissions defined for every critical function
- Unit and invariant tests, and fuzzing on the logic that moves value
- Static analysis and peer review of every change
- Multisig and timelock on administration when the risk justifies it
- Custody and rotation of the deployment keys agreed
- External audit when the value at risk requires it
We work with leading audit firms
FAQ
Crypto token development questions
The ERC-20 contract itself is a small part of the budget. Cost is driven by the issuance and redemption logic, the integration with your app, whether an external audit is needed and the MiCA analysis and white paper. We quote a fixed scope once the token model phase is closed.
Start with the utility, meaning what the token lets holders do and who is accountable for that right. Then model supply and distribution, check how MiCA treats the offer, write the ERC-20 contract on OpenZeppelin, test it with Foundry and deploy it from a multisig on the chosen network.
Not always. MiCA exempts free offers, utility tokens that give access to a good or service that already exists and limited merchant networks. Offers below €1 million over 12 months or to fewer than 150 people per member state also skip it. Otherwise the white paper is notified 20 working days before publication.
Blockchain development
More blockchain development services.
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Related articles
What are the differences between security tokens and utility tokens?
How to distinguish financial rights from service access, what legal classification examines and why a token’s name does not determine its regulation.
What are the differences between a token and a cryptocurrency?
Native coins, tokens and crypto-assets: differences in implementation, functions and rights that cannot be inferred from the name alone.
How to build a blockchain project: decisions and stages
From the problem to deployment: architecture, network choice, tokens, testing and operations for a blockchain project with a verifiable scope.
Let's build the rails for your product.
Tell us what your token has to enable and who will use it. We start with the model and its position under MiCA.
