BioMatrix Sees 200,000 User Surge Following iPoY Token Launch

The Rise of BioMatrix

BioMatrix has achieved a significant milestone, with its user base soaring to nearly 200,000 following the launch of iPoY, the first tradable token within its ecosystem. This growth underscores heightened engagement on the Gaming Matrix platform and escalating interest in BioMatrix's AI- and blockchain-driven digital economy.

The Token Economy Explained

iPoY, launched just 20 days ago, has become a catalyst for increased user activity across BioMatrix. Despite market volatility, users remain engaged, retaining their iPoY holdings as the ecosystem evolves.

The BioMatrix ecosystem operates on a multi-layered token economy:

• iPoY: The inaugural market-tradable token designed for GameFi, serving as both an incentive tool and a value anchor in the Game Matrix module. It facilitates user engagement and enables value realization through public exchanges.

• PoY: The foundational incentive token distributed via a Universal Basic Income (UBI) mechanism to reward authentic and active users.

• uPoY: Utility points earned through gaming activities and tasks, with a limited amount redeemable into iPoY for users meeting specific high-threshold requirements. This creates a bridge between in-ecosystem engagement and external market liquidity.

Together, PoY, uPoY, and iPoY form an integrated system connecting foundational incentives, ecosystem interactions, and external value realization. The upcoming launch of the earning and redemption feature between iPoY and uPoY promises to enhance this connection, fostering a seamless and sustainable user-driven economy.

About BioMatrix

BioMatrix leverages AI and blockchain technology to create an inclusive digital economy. Its AI Business Matrix spans sectors such as Game, Media, Social, Retail, and Rental, utilizing Proof of You AI Token utility to ensure fairness, security, and inclusion for all users.

For more information, visit BioMatrix and iPoY.

Stay updated and engage with the community on:

• Telegram: @iPoYUpdates, @BioMatrixAI
• Twitter/X: @AIAlliance_iPoY, @BioMatrixAi

Media Contact:

• Email: ipoy@biomatrix.ai
• Contact: Sophia Li (sophia.li@ac-technology.com)

This article was originally published on Chainwire.