The utility native token of the MonolitChain ecosystem – MUT (Monolit Utility Token) – is a type of digital asset that performs specific functions within the MonolitChain blockchain ecosystem. It is used to access various services and features on the platform, such as Monolit Mining and Monolit g-Fi, making it an essential tool for ecosystem users.

Unlike the native security tokens of the MonolitChain ecosystem – such as the MONC coin, USDML stablecoin, MNFT token, and MMC memecoin – which serve as financial instruments for investment and imply the potential for commercial gain, the MUT utility token solely provides users with access to interact directly with the MonolitChain ecosystem. It does not grant ownership rights, profit-sharing, or any material value.

Key characteristics of the MUT utility token:

• Functionality: The MUT utility token grants access to services such as transaction payments, as well as exclusive content and features of the MonolitChain ecosystem.
• Usage in the MonolitChain ecosystem: As a native utility token, MUT is used in smart contracts, mining, and game finance (g-Fi). This allows users to gain value through its use, gifting, or exchange with others. It can also be converted into other native security tokens within the ecosystem.
• MUT is not an investment asset: The MUT utility token is not intended to generate direct financial or material gains. It is not regulated by government authorities or financial institutions, unlike the MonolitChain security tokens (MONC, USDML, MNFT, and MMC). It fundamentally differs from them in several key aspects.