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Metal is a blockchain and software development company that was founded in 2016 by Marshall Hayner and is headquartered in San Francisco, California. The company is the creator of the ERC-20 Metal (MTL) cryptocurrency tokens and the Metal Pay mobile digital cryptocurrency wallet (IOS only) that is built on top of the Ethereum blockchain. The Metal Pay digital wallet allows users to freely make purchases and send MTL and fiat currencies to other Metal Pay users by connecting the application to their bank accounts. Each user is rewarded with MTL for making purchases, sending, or holding money on the Metal Pay digital wallet due to its built in Proof of Payments Processed (PoPP) algorithm.