Monday, September 23, 2024
HomeFinanceThe Solana-based $MATRIX token is launched, powering decentralized human-like AI characters

The Solana-based $MATRIX token is launched, powering decentralized human-like AI characters

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Street City, British Virgin Islands, 23 September 2024, Chainwire

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

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

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Token Utility and ecosystem integration

The $MATRIX token serves because the cornerstone of the Matrix One ecosystem, which affords many helpful options throughout numerous decentralized functions (dApps) constructed on this protocol. Key instruments of the token embody:

  • Service subscription mannequin: $MATRIX stakers get free entry to premium options in dApps like Avatar.One, which already boasts over 500,000 energetic customers. Upcoming options embody use instances for 3D AI characters resembling AI assistants, salespeople, lecturers, and private prospects.
  • Character market discoverability: Customers can stake $MATRIX tokens to enhance 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 within the chain to .
  • Content material Monetization: On-chain AI character creators can tokenize their creations and earn $MATRIX tokens by way of engagement with different customers and apps. This helps decentralized possession and monetization of AI characters.
  • DAO administration: $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 resembling expertise, animations, superior reminiscence, high-quality rendering, or different recreation enhancements.

Supply and distribution of tokens

The whole provide of $MATRIX is proscribed to 10 billion tokens, with 164,525,000 tokens circulating instantly after TGE. The breakdown of the whole provide is as follows:

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  • Group: 25%
  • Seeds: 16.93%
  • High Contributors: 15%
  • Wagering rewards: 11.85%
  • Liquidity: 10%
  • Public sale: 6.38%
  • Non-public bikes: 1.62%
  • Calculation (money register): 4%
  • Air Drop: 4%
  • Technique Spherical: 3.33%
  • Advertising and Partnerships: 1.89%

Market and inventory change statements

For the reason that token launch, $MATRIX is actively listed on Gate.io, MEXC and Jupiter. Market cap info is out there in actual time on Dextools right here.

Achievements and milestones

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

About Matrix One

Matrix One is a decentralized platform geared toward revolutionizing the interplay between customers and characters managed by synthetic intelligence. Via its ecosystem of dApps, together with Avatar.One, Matrix One makes use of blockchain know-how to supply decentralized possession, monetization capabilities, and community-driven administration of AI-generated characters. With a quickly rising consumer base and revolutionary use instances, Matrix One goals to bridge the hole between synthetic intelligence and blockchain by permitting customers to create, interact and management dynamic digital characters.

ContactMark StudholmeMatrix Onewhats up@matrix.one

This text was initially printed on Chainwire

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