Although 'CHAT' was the ticker assigned at the deployment of the OpenChat 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 'OPENCHAT' has been adopted for this token. This designation ensures that assets are distinctly identified.

OpenChat is a blockchain-based payment platform. It allows users to trade (buy/sell), store and monitor their digital assets as well as to access the platform blockchain-based chat protocol named BIMP, which will provide users with the features to communicate between them in a tokenized ecosystem.

The CHAT token is an Ethereum-based cryptocurrency. It is the platform native token that will allow users to exchange value, it can also be used to purchase available goods and services.