Solana-Primarily based $MATRIX Token Goes Reside, Powering Decentralized Human-like AI Characters

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

The token is now out there 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 out there 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 capabilities throughout varied decentralized purposes (dApps) constructed on the protocol. Key utilities of the token embody:

• Service Subscription Mannequin: Stakers of $MATRIX achieve complimentary entry to premium options in dApps akin to Avatar.One, which already boasts over 500,000 energetic customers. Upcoming options embody 3D AI character use instances like AI assistants, merchants, academics, and private consumers.
• Character Market Discoverability: Customers can stake $MATRIX tokens to boost 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 .
• Content material Monetization: Creators of on-chain AI characters can tokenize their creations and earn $MATRIX tokens by means of engagement from different customers and purposes. This fosters decentralized possession and monetization of AI characters.
• DAO Governance: $MATRIX holders can take part in governance choices, 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, akin to expertise, animations, superior reminiscence, high-quality rendering, or different gameplay enhancements.

Token Provide and Distribution

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

• Neighborhood: 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 partnerships: 1.89%

Market and Trade 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 right here.

Achievements and Milestones

Matrix One is already dwelling to a useful dApp, Avatar.One, which has over 500,000 energetic customers. As well as, greater than 100,000 Solana wallets are registered inside the ecosystem, reflecting the rising adoption of Matrix One expertise.

About Matrix One

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

ContactMark StudholmeMatrix Onehello@matrix.one

This text was initially revealed on Chainwire