Smart contracts, simply stated, are a set of rules applied to a coin. They are unbreachable contracts on the blockchain. META 1 uses several smart contracts. One of the contracts is used to assign the value of the new assets to the coin incrementally over time, to avoid a spike in coin value. META 1 Coin is for human beings and a smart contract is used to prevent large corporations from acquiring the coin. META 1 Coin uses smart contracts to establish an upward trajectory in coin value. For example, there is a contract that prevents the coin from being sold for less than the asset value. The result is an upward trend algorithm that continues as the assets expand and appreciate.