> For the complete documentation index, see [llms.txt](https://docs.matrix.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.matrix.io/faq-of-matrix-ai-network/11.-what-is-the-ticker.md).

# 11.	What is the ticker?

MAN

**What is the coin used for?**

In the Matrix AI Network, MAN coins are used for rewarding, payment and digital asset authentication.

**REWARDING**

Block-generating miners, transaction validators, and participants in the MATRIX ecosystem have the privilege to earn MAN tokens as a reward

**PAYMENT**

From leasing spare computing power to purchasing AI services, on MATRIX AI Network everything is paid in MAN.

**DIGITAL ASSET AUTHENTICATION**

The process of converting computing power, algorithmic models, or AI artworks into digital assets involves burning a required number of MAN in the forging of NFTs.