Matr1x Price

Matr1x (MAX) is a new cryptocurrency tied to an advanced entertainment platform. This platform merges gaming, artificial intelligence (AI), and esports, leveraging Web3 infrastructure. Matr1x aims to revolutionize the global gaming and digital content industries by integrating blockchain and AI technologies.

The MAX token powers the Matr1x ecosystem and supports various Web3 games and esports products. The token distribution includes allocations for the team, investors, platform contributions, the ecosystem, the community, NFT airdrops, early birds, and advisors.

Matr1x (MAX) works as a comprehensive entertainment platform combining gaming, artificial intelligence (AI), and esports on a blockchain infrastructure. Matr1x offers various Web3 games that engage players in immersive experiences. It supports competitive elements, allowing players to participate in in-game matches and esports tournaments.

The platform uses blockchain technology to ensure transparency, security, and fairness. This helps prevent cheating and fraud, common issues in traditional gaming. The MAX token is central to this ecosystem, enabling transactions and interactions.

AI enhances game asset creation, anti-cheating measures, and provides AI players for more engaging gameplay. This helps maintain a fair and enjoyable gaming experience.

Matr1x organizes various esports tournaments, from small matches to large professional events. Esports clubs can join tournaments by staking MAX tokens, sharing in tournament revenues, and creating exclusive NFTs for members. Matr1x empowers creators to design and sell in-game assets, including characters and items. This allows creators to monetize their work and contribute to the platform's growth.

Matr1x is a next-generation entertainment platform that combines gaming, artificial intelligence (AI), and esports within a Web3 infrastructure. The platform was founded in 2022 by Mike Li, Haden He, and Rui Zhao. They bring over a decade of experience in game development and publishing, having contributed to successful mobile games with millions of users.

Matr1x launched its governance token, MAX, on July 29, 2024. This token facilitates community governance, allows participation rights, and enables staking for network security and rewards. MAX also serves as a medium for transactions and game item upgrades within the Matr1x ecosystem.

The platform aims to revolutionize the gaming industry by promoting decentralization, creator-centricity, and data sovereignty. Matr1x has already launched its flagship game, Matr1x Fire, which is a Web3 first-person shooter with a unique economic model designed to be sustainable and inflation-resistant.

The $MAX token serves multiple functions within the Matr1x platform:

1. Governance: You can use MAX tokens to participate in community governance. This includes voting on proposals and making decisions about the platform's future developments.

2. Staking and Rewards: By staking MAX tokens, you help secure the network and earn rewards in return.

3. Ecosystem Value Capture: MAX tokens allow you to share in distributions from the platform's treasury, participate in the Matr1x Launchpool, and receive airdrops from other projects.

4. Transaction Medium: MAX tokens are used for various transactions within the platform, such as upgrading game items, paying for services, and accessing exclusive content.

5. Participation Rights: Holding MAX tokens grants you exclusive rights, such as publishing games, competing for esports club seats, and voting on event-related matters.

6. Trade MAX on KuCoin: Trade Matr1x (MAX) tokens against other cryptos listed on the KuCoin Spot Market, after you DYOR. You can buy, sell, or HODL $MAX in your portfolio based on your investment goals and risk tolerance.

The total supply of MAX tokens is capped at 1 billion. The MAX token distribution is as follows:

> Team & Investors: 30% (300 million MAX) allocated to team members and early investors as rewards.

> Platform Contribution: 27.6% (276 million MAX) allocated to partners or builders who support platform development.

> Ecosystem: 16% (160 million MAX) allocated to establish initial liquidity and grow the user ecosystem.

> Community: 10% (100 million MAX) allocated to encourage community engagement.

> NFT Airdrop: 9.4% (94 million MAX) rewarded to holders of Matr1x platform NFTs.

> Early Bird: 5.5% (55 million MAX) rewarded to early participants.

> Advisors: 1.5% (15 million MAX) allocated to compensate advisors.

Matr1x (MAX) Token Unlocking Schedule

Different categories have specific vesting periods to ensure gradual release and prevent market flooding:

> Team & Investors: 0% initially, with a 12-month cliff and 36-month vesting.

> Community: 50% initially, with a 6-month cliff and 36-month vesting.

> Ecosystem: 30% initially, with a 6-month cliff and 48-month vesting.

> Advisors: 0% initially, with a 10-month cliff and 36-month vesting.

> Early Bird and NFT Airdrop: Specific initial percentages and vesting schedules depending on the activity and NFT holding.

A derivative of MAX tokens, ve-MAX represents voting power within the Matr1x platform, calculated based on the amount of locked MAX tokens and the lock duration. ve-MAX is used for voting on esports club seats, tournaments, and resource allocation within the platform.

The Matr1x (MAX) airdrop is an event where the platform distributes MAX tokens to participants. Here's how you can participate and claim the airdrop:

1. Join the Airdrop Event: Visit the Matr1x airdrop event page and connect your wallet. Complete the verification process and activate your account.

2. Complete Tasks: Earn points and keys by completing various tasks. These tasks include daily activities, one-time tasks, and series tasks. Tasks might require you to engage on social media platforms like Twitter and Discord.

3. Boost Your Multiplier: Holding Matr1x NFTs like YATC, 2061, or KUKU can give you an initial 10x multiplier. General users can increase their multiplier by entering invite codes and inviting friends to participate.

4. Claim Keys: Keys can be claimed daily or earned through tasks. Use these keys to participate in raffles, which can increase your score and reward you with MAX tokens.

5. Pioneer Badge NFT: By participating in the MAX Score Airdrop event, you can earn a Pioneer Badge NFT. There are two types: the Basic Pioneer Badge, given to all participants, and the Premium Pioneer Badge, awarded to those who make significant contributions or produce exceptional content related to the event.