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Matrix One Launches $MATRIX Token on Gate.io, MEXC, and Jupiter

Sep 23, 2024
  1. Token Utility and Ecosystem Integration
  2. Token Supply and Distribution
  3. Market and Exchange Listings

Matrix One has officially launched its native token $MATRIX, now available for trading on cryptocurrency exchanges such as Gate.io, MEXC, and Jupiter.

Token Utility and Ecosystem Integration

The $MATRIX token serves as the cornerstone of the Matrix One ecosystem, offering multiple utility functions across various decentralized applications (dApps) built on the protocol. Key utilities of the token include service subscription model, character marketplace discoverability, content monetization, DAO governance, and dynamic character upgrades.

Token Supply and Distribution

The total supply of $MATRIX is capped at 10 billion tokens, with 164,525,000 tokens circulating immediately following the Token Generation Event (TGE). Distribution includes: Community - 25%, Seed round - 16.93%, Core contributors - 15%, Staking rewards - 11.85%, Liquidity - 10%, Public sale - 6.38%, Private rounds - 1.62%, Treasury - 4%, Airdrop - 4%, Strategic round - 3.33%, Marketing and partnerships - 1.89%.

Market and Exchange Listings

As of now, $MATRIX is actively listed on Gate.io, MEXC, and Jupiter. Market capitalization information is available in real-time on Dextools.

Matrix One is actively expanding its ecosystem, attracting over 500,000 active users and more than 100,000 registered Solana wallets. The project aims to revolutionize user interaction with AI-driven characters, offering decentralized ownership and monetization.

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