$MTM is the functional multi-utility token which has multiple utilities inside the MetaMate ecosystem. $MTM may be used as the medium of exchange between participants on MetaMate in a decentralised manner. The goal of introducing $MTM is to provide a convenient and secure mode of payment and settlement between participants who interact within the ecosystem on MetaMate without any intermediaries such as centralised third party entity/institution/credit. It is not, and not intended to be, a medium of exchange accepted by the public (or a section of the public) as payment for goods or services or for the discharge of a debt; nor is it designed or intended to be used by any person as payment for any goods or services whatsoever that are not exclusively provided by the issuer. $MTM does not in any way represent any shareholding, participation, right, title, or interest in the Company, the Distributor, their respective affiliates, or any other company, enterprise or undertaking, nor will $MTM entitle token holders to any promise of fees, dividends, revenue, profits or investment returns, and are not intended to constitute securities in Singapore or any relevant jurisdiction. $MTM may only be utilised on MetaMate, and ownership of the same carries no rights, express or implied, other than the right to use $MTM as a means to enable usage of and interaction within MetaMate. The secondary market pricing of $MTM is not dependent on the effort of the MetaMate team, and there is no token functionality or scheme designed to control or manipulate such secondary pricing.