Solana-Based $MATRIX Token Goes Live, Powering Decentralized Human-like AI Characters

September 24, 2024

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Solana-Based $MATRIX Token Goes Live, Powering Decentralized Human-like AI Characters

Highway City, British Virgin Islands, September twenty third, 2024, Chainwire

The token is now obtainable on CEXs Gate.io and MEXC, and DEX Jupiter.

Matrix One, The decentralized protocol accelerating the event of human-like AI characters, is happy to announce the profitable launch of its native token, $MATRIX. The $MATRIX token, which went dwell on September 17 is now obtainable for buying and selling on main cryptocurrency exchanges Gate.io, MEXC, and Jupiter, following sold-out Preliminary DEX Choices (IDOs) throughout a number of platforms, together with Seedify, ChainGPT, Eesee, SeaPad, and WeWay Launchpad.

Token Utility and Ecosystem Integration

The $MATRIX token serves because the cornerstone of the Matrix One ecosystem, providing a number of utility features throughout numerous decentralized functions (dApps) constructed on the protocol. Key utilities of the token embrace:

Service Subscription Mannequin: Stakers of $MATRIX achieve complimentary entry to premium options in dApps reminiscent of Avatar.One, which already boasts over 500,000 lively customers. Upcoming options embrace 3D AI character use circumstances like AI assistants, merchants, academics, and private buyers.
Character Market Discoverability: Customers can stake $MATRIX tokens to reinforce the visibility of particular characters, reflecting their perceived high quality and potential demand. Moreover, $MATRIX can be utilized for commission-free buying and selling on Character.One. Bringing the primary AI Characters on-chain to Solana.
Content material Monetization: Creators of on-chain AI characters can tokenize their creations and earn $MATRIX tokens via engagement from different customers and functions. This fosters decentralized possession and monetization of AI characters.
DAO Governance: $MATRIX holders can take part in governance selections, together with the event of latest dApps and protocol upgrades inside the Matrix One ecosystem.
Dynamic Character Upgrades: Tokens can be utilized to unlock or improve character traits, reminiscent of abilities, animations, superior reminiscence, high-quality rendering, or different gameplay enhancements.

Token Provide and Distribution

The whole provide of $MATRIX is capped at 10 billion tokens, with 164,525,000 tokens circulating instantly following the TGE. The distribution of the overall provide is as follows:

Group: 25%
Seed spherical: 16.93%
Core contributors: 15%
Staking rewards: 11.85%
Liquidity: 10%
Public sale: 6.38%
Non-public rounds: 1.62%
Compute (treasury): 4%
Airdrop: 4%
Strategic spherical: 3.33%
Advertising and marketing and partnerships: 1.89%

Market and Change Listings

As of the token launch, $MATRIX is actively listed on Gate.io, MEXC, and Jupiter. Market capitalization data is accessible in real-time on Dextools here.

Achievements and Milestones

Matrix One is already house to a purposeful dApp, Avatar.One, which has over 500,000 lively customers. As well as, greater than 100,000 Solana wallets are registered inside the ecosystem, reflecting the rising adoption of Matrix One know-how.

About Matrix One

Matrix One is a decentralized platform devoted to revolutionizing the interplay between customers and AI-driven characters. By way of its ecosystem of dApps, together with Avatar.One, Matrix One leverages blockchain know-how to supply decentralized possession, monetization alternatives, and community-driven governance of AI-generated characters. With a quickly rising consumer base and revolutionary use circumstances, Matrix One goals to bridge the hole between AI and blockchain by empowering customers to create, interact with, and govern dynamic digital characters.