Road Town, British Virgin Islands, September 23, 2024, Chainwire
The token is now available on CEXs Gate.io and MEXC, and DEX Jupiter.
Matrix One, the decentralized protocol that accelerates the development of human-like AI characters, is excited to announce the successful launch of its native token, $MATRIX. The $MATRIX token, which went live on September 17, is now available for trading on major cryptocurrency exchanges Gate.io, MEXC, and Jupiter, following sold-out Initial DEX Offerings (IDOs) on multiple platforms including Seedify, ChainGPT, Eesee, SeaPad, and WeWay Launchpad.
Token Utility and Ecosystem Integration
The $MATRIX token is the cornerstone of the Matrix One ecosystem and offers multiple utility functions across various decentralized applications (dApps) built on the protocol. Key utilities of the token include:
- Service subscription model:$MATRIX stakers get free access to premium features on dApps like Avatar.One, which already has over 500,000 active users. Upcoming features include 3D AI character use cases such as AI assistants, merchants, teachers, and personal shoppers.
- Discovery in the character market:Users can stake $MATRIX tokens to boost the visibility of specific characters, reflecting their perceived quality and potential demand. Additionally, $MATRIX can be used for fee-free transactions on Character.One. Bringing the first on-chain AI characters to .
- Content Monetization:On-chain AI character creators can tokenize their creations and earn $MATRIX tokens through the interaction of other users and applications. This encourages decentralized ownership and monetization of AI characters.
- DAO Governance:$MATRIX holders can participate in governance decisions including the development of new dApps and protocol upgrades within the Matrix One ecosystem.
- Dynamic character improvements: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
The total supply of $MATRIX is capped at 10 billion tokens, and 164,525,000 tokens will be in circulation immediately after the TGE. The distribution of the total supply is as follows:
- Community: 25%
- Seed capital round: 16.93%
- Major contributors: 15%
- Staking rewards: 11.85%
- Liquidity: 10%
- Public sale: 6.38%
- Private rounds: 1.62%
- Calculation (treasury): 4%
- Airdrop: 4%
- Strategic round: 3.33%
- Marketing and alliances: 1.89%
Market and stock exchange quotes
Since the token launch, $MATRIX is actively trading on Gate.io, MEXC, and Jupiter. Market cap information is available in real-time on Dextools here.
Achievements and milestones
Matrix One already has a functional dApp, Avatar.One, which has over 500,000 active users. In addition, there are over 100,000 Solana wallets registered within the ecosystem, reflecting the growing adoption of Matrix One technology.
About Matrix One
Matrix One is a decentralized platform dedicated to revolutionizing the interaction between users and AI-generated characters. Through its ecosystem of dApps, including Avatar.One, Matrix One leverages blockchain technology to offer decentralized ownership, monetization opportunities, and community-driven governance of AI-generated characters. With a rapidly growing user base and innovative use cases, Matrix One aims to bridge the gap between AI and blockchain by enabling users to create, interact with, and govern dynamic virtual characters.
ContactMarco StudholmeMatrix OneHello @matrix.one
This article was originally published on Chainwire
