# UTILITY

<figure><img src="https://3921278302-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FYZFeluEv7OyJZhMMzAiK%2Fuploads%2F6Ygqwra4ZejuO5K8hcQH%2FDALL%C2%B7E%202024-05-03%2010.24.20%20-%20Design%20a%20futuristic%20gaming-themed%20logo%20featuring%20the%20word%20&#x27;UTILITY&#x27;%20in%20large%2C%20bold%2C%20neon-style%20letters.%20Below%20the%20&#x27;UTILITY&#x27;%20text%2C%20add%20the%20tag%20&#x27;%24MXA&#x27;%20i.webp?alt=media&#x26;token=417f4c0e-94a2-4a5a-845d-054a3ef28c7e" alt="" width="375"><figcaption><p><em><strong>$MXA UTILITY</strong></em></p></figcaption></figure>

## $MXA Token Utility

The $MXA token, an integral part of the MetaLand ecosystem, serves not only as a digital currency but also as a key tool for accessing a range of exclusive benefits and features within the platform. Below is a detailed description of the utilities offered by $MXA:

1. **Transaction Rewards**:
   * Holders of $MXA with a minimum balance of 500,000 coins will benefit from automatic rewards on their transactions. This reward mechanism is designed to incentivize and reward loyalty and economic activity within the ecosystem.
2. **Discounts on NFT Purchases**:
   * Owners of $MXA will have the opportunity to purchase MetaLand NFTs at a significant discount, ranging from 10% to 15%. Additionally, a percentage of the coins used for purchasing the NFTs will be burned, thereby reducing the circulating supply of $MXA and potentially increasing the value of the remaining coins.
3. **Usage in Future MetaLand Applications**:
   * The $MXA token will be usable in all future applications developed under the MetaLand umbrella, acting as a bridge between various initiatives and services. This includes access to educational platforms, games, and other applications that require or incentivize the use of $MXA.
4. **Exclusive Access for Holders**:
   * Holders of $MXA who possess a significant amount of coins, the threshold for which will be defined based on the future developments of the ecosystem, will have exclusive and early access to special events, new NFT releases, and other premium initiatives. These exclusive accesses are designed to reward the most significant and active investors within the MetaLand community.


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