Metal is an advanced cryptocurrency wallet and cryptocurrency that offers users a variety of features. Users can earn rewards (either in METAL tokens or loyalty tokens) whenever they send money using the Metal wallet. The Metal wallet allows users to just use a mobile phone number to transfer money all around the world, near instantly. It uses a Proof of Processed Payments (PoPP) system which regulates how much rewards a user receives when they spend. Rewards can amount to up to 5% of the amount sent in a transaction. All personal data in the wallet is encrypted, giving users privacy and a degree of anonymity.
METAL (MTL) is the token that users can receive rewards in and also send to other users through the wallet.