# Tokenomics

There are 4 types of currency utilized in Alt.town: DNA, KEY, $TOWN, and Mile.

Users can convert Mile earned from event participation to KEY at any time, and KEY in the spending account can be converted to $TOWN. $TOWN can be transferred externally through the wallet or exchanged back to KEY. However, Mile, KEY, and DNA cannot be transferred between users. NFTs may be added in future updates. Let's take a closer look at the currencies stored in the spending account and the wallet, respectively.

<figure><img src="/files/tS0lzrR8m5SYUzSjAmXn" alt=""><figcaption></figcaption></figure>

<figure><img src="/files/afYlLp5SPfJwXULTcPA8" alt=""><figcaption></figcaption></figure>


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