M2’s office is located at the Balmoral Corporate Centre, Unit G, Prospect Ridge, Nassau, Bahamas. The registered address for M2 is Clement T. Maynard & Company, located on Shirley Street, Nassau, Bahamas.
M2 chose The Bahamas as a domicile, based on its well-established, respected, forward-looking digital asset regulatory framework (DARE), along with The Bahamas’ growing ecosystem of established digital asset players. The DARE Act has been heralded as one of the most comprehensive regulatory frameworks for digital assets currently in the world. M2 considers The Bahamas and the Securities Commission of The Bahamas (the SCB) a leading jurisdiction in the regulation of the crypto industry, and aims to build a well-regulated Crypto business in such a stable and sustainable environment.
The MMX token is the digital asset at the core of the M2 business. It is designed to provide onboarded clients with specialised access to specific products and services within the M2 ecosystem. These include:
- the ability to boost yields for M2 yield products (MMX tokens used to boost yields will be burned by M2, making it deflationary);
- privileged access to new yield products and new coin listings; and
- eligibility for a percentage allocation of M2’s profits (only when a client utilises the M2 Earn program).
The Company aims to make the MMX token available on both centralized and decentralized secondary marketplaces. The token's primary purpose is to increase the attractiveness of the M2 ecosystem and is not intended to serve as an investment vehicle or represent an ownership stake in M2.
MMX will be freely transferable on the Ethereum blockchain. Subject to M2's terms and conditions and onboarding requirements, MMX tokens can be exchanged for other virtual assets and fiat currency, depending on the user's needs. The M2 platform enables electronic trading of digital assets for fiat, fiat for digital assets, and digital assets for other digital assets, as well as offering earn products.
