What is Magnium Token?
MT is the magnesium token for Magnium. It is an ERC-20 token on the Ethereum blockchain with a max supply of 5,000,000 tokens. Each token represents 1KG of magnesium at the price of $5000 per ton, this equates to $5 USD per token. Tokens will have a vesting period of 2.5 years after which they can be sold back to Magnium at any nominated time for magnesium’s current market price.