# MetaMet Token

MetaMet introduces an open-source cryptographic token named $MTM, which is envisioned as a general-purpose internal cryptocurrency for use on the Metamet platform. The $MTM token will serve as an accounting unit for all economic transactions within the MetaMet ecosystem.&#x20;

The number of **$MTM** tokens available is fixed at 3 billion tokens and is based on the Binance Smart Chain. Like other cryptocurrencies, units of the MTM token are fungible and transferable. The MTM token will be implemented on the Binance Smart Chain, which is known for its high transaction speed and low transaction fees. The Binance Smart Chain blockchain allows for the deployment of smart contracts that enable complex issuance rules for cryptocurrencies, digital financial contracts, and automated incentive structures. These advanced features, in addition to the active ecosystem, make the Binance Smart Chain a natural fit for the $MTM token. Furthermore, the $MTM token can be stored in any Binance Smart Chain compatible wallet.


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