BMChain is an Ethereum-based social platform. The system will allow users to convert their experience, expressed by a personal reputation factor, into financial assets. For every action, such as writing posts, publishing materials, commenting, voting, sharing knowledge, etc. the project participant will receive a reward in the form of system tokens, which can be used to purchase the services and goods of other participants and partners of the platform or exchanged for other types of financial assets.

BMT is an ERC20 token that will also act as a financial asset and payment instrument on BMChain's platform.

Although 'BMT' was the ticker assigned at the deployment of the BMChain Token's smart contract, it is also in use by another asset with a larger market presence and higher trading volume on major exchanges. To avoid confusion in the marketplace, the alternative ticker 'BMCHAIN' has been adopted for this token. This designation ensures that assets are distinctly identified.