As an analyst with extensive experience in the blockchain and AI industry, I find the launch of Matrix One’s native token, $MATRIX, to be an exciting development. The utility-driven nature of this token, coupled with its integration into various decentralized applications, positions it as a key player in the rapidly evolving space where AI and blockchain intersect.
Road Town, British Virgin Islands, September 23rd, 2024, Chainwire
The token is now available on CEXs Gate.io and MEXC, and DEX Jupiter.
Matrix One, the decentralized platform speeding up the creation of AI characters resembling humans, is thrilled to share the news about the launch success of its native token, $MATRIX. Starting on September 17, this new token can now be traded on prominent crypto exchanges such as Gate.io, MEXC, and Jupiter. The token’s successful launch followed sold-out Initial DEX Offerings (IDOs) across multiple platforms like Seedify, ChainGPT, Eesee, SeaPad, and WeWay Launchpad.
Token Utility and Ecosystem Integration
In the Matrix One ecosystem, the $MATRIX token acts as its foundation, providing numerous functionalities within a range of decentralized apps (dApps) that are developed based on the protocol. Notable uses of this token encompass:
- Service Subscription Model: Stakers of $MATRIX gain complimentary access to premium features in dApps such as Avatar.One, which already boasts over 500,000 active users. Upcoming features include 3D AI character use cases like AI assistants, traders, teachers, and personal shoppers.
- Character Marketplace Discoverability: Users can stake $MATRIX tokens to enhance the visibility of specific characters, reflecting their perceived quality and potential demand. Additionally, $MATRIX can be used for commission-free trading on Character.One. Bringing the first AI Characters on-chain to Solana.
- Content Monetization: Creators of on-chain AI characters can tokenize their creations and earn $MATRIX tokens through engagement from other users and applications. This fosters decentralized ownership and monetization of AI characters.
- DAO Governance: $MATRIX holders can participate in governance decisions, including the development of new dApps and protocol upgrades within the Matrix One ecosystem.
- Dynamic Character Upgrades: Tokens can be used to unlock or upgrade character traits, such as skills, animations, advanced memory, high-quality rendering, or other gameplay enhancements.
Token Supply and Distribution
10 billion units of MATRIX token are the maximum amount in circulation, and 164,525,000 of these will become available directly after the Token Generation Event (TGE). Here’s how the total supply breakdown looks:
- Community: 25%
- Seed round: 16.93%
- Core contributors: 15%
- Staking rewards: 11.85%
- Liquidity: 10%
- Public sale: 6.38%
- Private rounds: 1.62%
- Compute (treasury): 4%
- Airdrop: 4%
- Strategic round: 3.33%
- Marketing and partnerships: 1.89%
Market and Exchange Listings
Starting from the token launch, you can find $MATRIX listed on Gate.io, MEXC, and Jupiter. For up-to-date market cap details, check out Dextools right here.
Achievements and Milestones
On Matrix One, we’ve got a popular application known as Avatar.One, boasting over half a million active users. Moreover, our platform has seen registration from more than 100,000 Solana digital wallets, demonstrating the increasing acceptance of Matrix One technology.
About Matrix One
Matrix One serves as a decentralized hub, designed to redefine the way people connect with artificially intelligent character entities. Utilizing its array of dApps such as Avatar.One, Matrix One harnesses blockchain technology to provide users with decentralized control, earning potential, and community-based decision-making regarding AI-created characters. As it continues to attract a burgeoning user community and pioneer novel applications, Matrix One’s goal is to link AI and blockchain technologies by enabling users to develop, interact with, and manage evolving digital personas.
Contact
Mark Studholme
Matrix One
hi@matrix.one
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2024-09-23 16:38