$MGTN is the utility token within the Magma ecosystem, used for payments and participation. It allows users to pay for services like the creation of Digital Twin Tokens (DTT®), 3D Digital Twins, building scans, and the annual DTT® membership.
While DTT® represents a unique digital asset for a building, capturing its data and attributes, $MGTN is the token that facilitates interactions within the Magma ecosystem. It can be used to pay for platform services, including the creation and hosting of digital twins.
In addition to payments, $MGTN holders can stake their tokens to earn either more $MGTN or Magma Reputation Tokens (MRT). MRTs provide voting rights in the upcoming DAO, where holders will influence key decisions about the platform. MRTs can also be burned for claims (access to platform services) or stablecoins, drawn from Magma’s profits, rewarding active ecosystem participants.
Thus, while DTT® is a building’s digital identity, $MGTN powers the Magma ecosystem and enables governance, payments, and rewards.
































