Solanas MATRIX Token Launches Enabling Decentralized Humanlike AI Avatars
Road Town, British Virgin Islands, September 23rd, 2024 – Chainwire
Matrix One, the decentralized protocol that is accelerating the advancement of human-like AI characters, is thrilled to announce the successful launch of its native token, $MATRIX. The $MATRIX token went live on September 17 and is now available for trading on leading cryptocurrency exchanges Gate.io, MEXC, and Jupiter, following highly sought-after Initial DEX Offerings (IDOs) across various platforms, including Seedify, ChainGPT, Eesee, SeaPad, and WeWay Launchpad.
Token Utility and Integration with the Ecosystem
The $MATRIX token serves as the foundation of the Matrix One ecosystem, providing multiple utility functions across different decentralized applications (dApps) built on the protocol. Key utilities of the token include:
Service Subscription Model: Stakers of $MATRIX gain free access to premium features in dApps like Avatar.One, which already has over 500,000 active users. Upcoming features include 3D AI character use cases such as AI assistants, traders, teachers, and personal shoppers.
Character Marketplace Discoverability: Users can stake $MATRIX tokens to enhance the visibility of specific characters, indicating their perceived quality and potential demand. Moreover, $MATRIX can be used for commission-free trading on Character.One, bringing the first AI Characters on-chain to Solana.
Content Monetization: Creators of on-chain AI characters can tokenize their creations and earn $MATRIX tokens through engagement from other users and applications. This promotes 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 Upgrades: Tokens can be utilized 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 limited to 10 billion tokens, with 164,525,000 tokens currently circulating after the Token Generation Event (TGE). The distribution of the total supply is as follows:
Community: 25%
Seed round: 16.93%
Core contributors: 15%
Staking rewards: 11.85%
Liquidity: 10%
Public sale: 6.38%
Private rounds: 1.62%
Compute (treasury): 4%
Airdrop: 4%
Strategic round: 3.33%
Marketing and partnerships: 1.89%
Market and Exchange Listings
At the time of the token launch, $MATRIX is actively listed on Gate.io, MEXC, and Jupiter. Real-time market capitalization information can be found on Dextools here.
Achievements and Milestones
Matrix One already houses a fully functional dApp, Avatar.One, with over 500,000 active users. Additionally, the ecosystem has seen over 100,000 Solana wallets registered, signifying 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-driven characters. Through its ecosystem of dApps, including Avatar.One, Matrix One harnesses the power of blockchain technology to offer decentralized ownership, monetization opportunities, and community-driven governance of AI-generated characters. With a rapidly expanding user base and innovative use cases, Matrix One aims to bridge the gap between AI and blockchain by empowering users to create, engage with, and govern dynamic virtual characters.
Contact
Mark Studholme
Matrix One
[email protected]
