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Mettalex is a spin-off project from Fetch.ai, founded by Fetch.ai's Founder, Humayun Sheikh. He has deep knowledge of the commodities trading sector, specifically the metals markets, and is aware of the market inefficiencies in the ferrous commodities sector. He developed a cost and capital-efficient solution based on blockchain technology, token economics, industry-grade pricing data, and the liquidity available in the DeFi space.