Matr1x price

Matr1x supports the creation, distribution, and underlying infrastructure of Web3-based digital entertainment. The platform integrates gaming, artificial intelligence (AI), and esports, all built upon secure blockchain infrastructure, to disrupt and lead forward the global gaming and digital content spaces. The project’s ultimate mission is to help accelerate the mainstream adoption of Web3 solutions.

How does Matr1x work?

For users, Matr1x develops and gives access to premium Web3 games and esports including Matr1x Fire, the first mobile shooting game in the metaverse. Players are incentivized to participate through a token distribution mechanism that rewards their engagement.

Meanwhile, Matr1x provides ecosystem partners with the necessary infrastructure to distribute Web3 games. That includes gamified Layer-1 and Layer-2 blockchains, wallets, and cross-chain functionality. The wider Matr1x ecosystem includes a creator incentive program, esports competition system, community trading, and other content. These features provide users with numerous opportunities to earn rewards and potentially generate revenue.

About Matr1x’s technology

The Matr1x game engine is built around the Entity Component System (ECS) — an architectural pattern commonly used in video game development. ECS supports a multiplayer game’s need for network communication capacity and helps provide an optimum experience for players. Meanwhile, the Unity engine’s Universal Rendering Pipeline provides high quality mobile game graphics, further elevating the experience for players.

The Polygon and Ethereum public chains underpin Matr1x’s ecosystem, and are used to store game prop assets and token assets. Meanwhile, a combination of hot and cold wallets are used to store and access assets, including the Gnosis multi-signature wallet.

MAX price and tokenomics

MAX is the native token of the Matr1x ecosystem, with a maximum supply of 1 trillion. To date, 200 million MAX have been burned, with the tokens drawn from the following allocations:

• 50 million from team and investors
• 80 million from community
• 70 million from platform contribution

The MAX price experienced some predicatable volatility after launching during mid 2024, and Matr1x prices reached an all-time-high of $0.4787 on August 6, 2024. Being a relatively new token, MAX prices may experience further volatility as Matr1x continues to evolve its ecosystem beyond the popular Matr1x Fire game and attract new users who may choose to trade MAX.

An in-game currency exists within the Matr1x Fire game, called FIRE. The asset is used as a currency to access in-game props and interact with other game features.

The asset has been distributed to the community through the following split:

• Team and investors: 30.0%
• Community: 10.0%
• Ecosystem: 16.0%
• Advisors: 1.5%
• Early bird: 5.5%
• NFT airdrop: 9.4%
• Platform contribution: 27.6%

About the founders

Matr1x’s founding team brought more than ten years of collaborative experience to the project, including more than five years’ experience in blockchain development. The team’s cumulative game development and operations experience has reached over 400 million users and generated over $5 billion in revenue. The team’s portfolio includes major products such as Call of Duty Mobile, PUBG Mobile, CrossFire Mobile, and WeChat Pay, making them one of the few teams globally that’s capable of developing large-scale mobile products.

Matr1x highlights

1. Provides GDaaS (game-distribution-as-a-service) services to help more games migrate to Web3
2. Independent research and development capabilities to further support the emergence of Web3 games
3. Represents the largest Web3 esports platform today, featuring the concept of “watch to airdrop,” which helps attract more players and Web2 users
4. The entity behind Matr1x Fire, a leading first-person shooter game in the metaverse
5. Offers the ability to train AI models in the world’s largest games and further promote use cases for AI agents, especially through esports