Matrix One Launches $MATRIX Token for AI Character Ecosystem

Matrix One Launches Native Token

Matrix One, a decentralized protocol, has successfully launched its native token, $MATRIX. The token is now available for trading on prominent cryptocurrency exchanges such as Gate.io, MEXC, and DEX Jupiter. This follows a series of sold-out Initial DEX Offerings (IDOs) across multiple platforms, expanding the reach and adoption of $MATRIX.

Token Utility and Integration

The $MATRIX token is central to the Matrix One ecosystem, offering several utility functions across decentralized applications (dApps). It supports a subscription model where stakers gain premium features access in dApps like Avatar.One, which already serves over 500,000 users. The token also facilitates character marketplace discoverability, content monetization, DAO governance, and dynamic character upgrades, enhancing the overall user experience.

Supply and Distribution

The total supply of $MATRIX is capped at 10 billion tokens, with an initial circulation of 164,525,000 post-Token Generation Event (TGE). The distribution covers various categories, including community, seed rounds, core contributors, staking rewards, and more, ensuring a balanced spread across the ecosystem.

Market Presence and Achievements

Upon launch, $MATRIX was listed on Gate.io, MEXC, and Jupiter, with real-time market data available on Dextools. Matrix One's ecosystem boasts a functional dApp, Avatar.One, and has registered over 100,000 Solana wallets, indicating significant user adoption and confidence in its technology.

About Matrix One

Matrix One is at the forefront of merging blockchain and AI, focusing on the interaction between users and AI-driven characters. Its dApps, including Avatar.One, leverage blockchain for decentralized ownership and monetization of AI-generated characters. With a growing user base and innovative approaches, Matrix One is set to transform AI character engagement and governance.