The Monetum Token (MOM) is a ERC20 cryptocurrency.
A MOM Token is classified as a Payment Token that has been approved with a non-action letter by the Swiss Financial Market Supervisory Authority, FINMA.
This token can be accepted as a means of payment over a period of time. It can be used across different use cases on the platform by which users can also enjoy the various benefits that it has to offer.
Those who purchase MOM Tokens are considered as a buyer of a new token that allows them to get access to some benefits provided by the blockchain ecosystem.