MATR1X: Price Valuation and Fundamental Guide

Empowering Traders 2024-07-11 16:02:46

What Is MATR1X?

The MATR1X is an innovative cultural and entertainment platform of Web3+artificial intelligence (AI)+e-sports. Its purpose is to use blockchain technology and AI to bring revolutionary changes and innovations to the game and digital content industries. This resonates with Toncoin ecosystem, which also intends to bring big changes to web3 games. You can click Toncoin price to check the latest price analysis.

 

Currently, MATR1X has three planed projects, which are: "Matr1x FIRE" (already on sale), "Matr1x WAR", and "Matr1x Evolution", corresponding to the Earth-Mars-interstellar exploration. "Matr1x FIRE" is very popular. MATR1X FIRE is the first web3 FPS game launched on mobile terminals, with more than 1.1 million downloads worldwide. The platform is also preparing for a number of Web3-based game products. On February 16, 2024, the live video of its Web3-version of Player Unknown's Battlegrounds, MATR1X BATTLE, was released. On March 7, it officially announced the joint release of the 3A masterpiece, Castile, with the game studio Nytro. In the future, the platform will conduct extensive exploration and research and development in intelligent e-sports, AI behavior tree design, AI generated content (AIGC), and dynamic content generation.

 

Breakdown of MATR1X Ecosystem

Game Ecosystem

1. Matr1x Fire:

Game Overview: A multiplayer online shooting game set in the future cyberpunk world, designed based on the classic mechanism of first-person shooter games. You can use the unique fire mechanism to upgrade and strengthen your weapons, and you can also get various precious combat props by opening the weapon box. The game supports multiple maps and multiple scenes. The battle mode includes single-player, multiplayer and team competitions. At the same time, it integrates the social system. The community can also participate in different activities to get more rewards and benefits.

 

According to official data, Matr1x Fire claims that it has more than 1 million registered users and more than 1.1 million downloads worldwide.

 

2. Matr1x Battle

MATR1X claimed that Matr1x Battle would have AAA-level game graphics and integrate AI technology to provide a large-world entertainment environment. Players can engage in casual social interaction, team up, create UGC and interact with the virtual world in the game, and can also communicate with other product assets of the Matr1x platform. The gameplay is similar to PUBG Mobile and Freefire. As one of the game types with the largest user base in the world, PUBG-category games have more than 2 billion players and revenues of more than $50 billion. If Matr1x Battle can operate smoothly, it will become a typical benchmark for large-scale application of Web3 games.

 

3. Matr1x War and Matr1x Evolution:

Matr1x War is also a shooting game, but the difference is that it has been upgraded from a traditional FPS game to a new MMORPG game, where players can perform their own team tasks in different professions.

Matr1x Evolution claims to be a true, metaverse interstellar war game, where players explore and build a huge open world, collect materials to make tools and build their own homes, and can use VR devices to start an immersive VR experience.

 

4. CASTILE

On March 7, 2024, Matr1x officially announced that it would jointly release the 3A masterpiece CASTILE with Nytro. Officially set as a next-generation 3D RPG+Roguelike innovative card game, it uses self-developed next-generation 3D technology and features magical Cthulhu+mysticism to create a unique metaverse world. Users can experience immersive adventures, 3A-level battle scenes, Web3 native worldview, card strategy matching and in-depth character development content.

 

Nytro is a studio that develops high-quality Web3 flagship games. In the future, MATR1X will continue to cooperate deeply with Nytro in Web3 game issuance and innovative content, AI applications, assets, etc.

 

E-sports Ecosystem

E-sports League: Matr1x will build a Web3 e-sports ecosystem covering leagues, championships, and star games, as well as a variety of e-sports peripheral products. At the end of February, 2024, the platform announced the launch of the world's first Web 3 professional e-sports event - the Asian Masters Championship, with GEDA as the event partner. The Matr1x Fire Asian Masters Championship is divided into four major competition areas, and the registration channel for the competition has been officially opened. The schedule is divided into two parts: online qualifiers (March) and offline finals (April). The champion will be decided at the main venue of the Hong Kong Web3 Festival from April 8 to April 9. The total prize pool of this competition exceeds US$100,000, and the championship team will receive 1 YATC championship trophy NFT. The event will be broadcast globally through streaming media such as YouTube, Twitch, and TikTok, and the exposure is expected to exceed 1,000,000+.

 

E-sports entertainment HUB: In the future, MATR1X will open the platform's API to third-party platforms and third-party entertainment. E-sports platforms can develop their own NFT trading platforms based on this, and organize/live broadcast related e-sports competitions and unboxing entertainment, as well as Watch-to-earn, that is, the audience has a certain chance to get precious treasure chest rewards when watching the game.

 

AI + Game Ecosystem

According to the project's description, AI will be integrated into the game ecosystem, and AIGC, Al Player, AI anti-cheating system, etc. will provide players with a smarter and more personalized gaming experience. Users can use AIGC to create characters and gun skins, and more AI tools will be created to support the community in creating high-quality game assets and share revenue with users.

 

From a feasibility perspective, both AIGC and AI Player have been implemented on Web2 games. As a recent hot concept of "AI + Games", it has basically become the "must-go" for game platforms. Relatively speaking, there is more room for discussion on the AI anti-cheating system: issues such as plug-in scripts and actors that affect the gaming experience have a high priority, especially in FPS games where many auto-aiming plug-ins use AI to cheat, thereby achieving simulated, human-like combat capabilities. The anti-cheating system needs to involve in-game cheating defense and post-game judgment penalties, and use AI to conduct in-depth analysis of data using machine learning models to identify non-game elements. 

 

MATR1X Tokenomics

Currently, the platform has plans for two ERC20 tokens: the governance token $MAX and the utility token $FIRE. In the future, each game will decide whether to have its own on-chain game token based on product demand. The $FIRE token has been launched in February 2024, and the $MAX governance token will be launched soon.

 

$MAX

$MAX is the governance token of the Matr1x platform, with a total supply of 1 billion.

 

The main application scenario is that $MAX holders can obtain ev-MAX coins by staking $MAX coins to participate in the community governance of the Matr1x platform, treasury allocation, and Matr1x Launchpool, so as to obtain new assets for new games continusouly.

 

Token distribution:

 

Unlocking Schedule:

 

Price Prediction and Valuation of $MAX

MATR1X adopts a dual-token economic model. This model has also been maturely applied in the once popular web3 game Axie Infinity. In the Axie Infinity game, SLP acts as a functional token and AXS acts as a governance token. In the MATR1X ecosystem, $FIRE acts as a utility token and MAX acts as a governance token.

 

According to Axie Infinity's experience, the valuation of governance tokens is often about 10 times that of functional tokens, and MATR1X's utility token FIRE has been issued in February 2024, and the current FDV is around $200 million (as of July 11, 2024). Therefore, from this perspective, a rough valuation forecast for the upcoming $MAX can be made. Investors may take this as the reference to estimate the valuation of $MAX.

 

As an ERC-20 token, $MAX is based on Ethereum network. If you also want learn more about Ethereum price trend, you can refer to the Ethereum price analysis for more info.

 

BingX Launchpool for Matr1x

BingX just launched the BingX Launchpool platform, where Matr1x is the first project. The rules for Matr1x launchpool are as follows:

 

Project Period Rewarded tokens Max limit of rewarded tokens per hour
Matr1x(MAX) 2024-07-29 14:00-2024-08-03 14:00(UTC+8) 300,000 250

 

Pool Staked asset Total rewarded tokens Max limit of daily rewarded tokens Max limit of rewarded tokens per hour
USDT (70%) USDT 210,000 42,000 175
BTC (30%) BTC 90,000 18,000 75

 

On July 26, an AMA will be hosted on Twitter(X) Space, featuring BingX CPO Vivien Lin and MATR1X co-founder Madeira. They will share personal insights on exploring the future of digital entertainment.

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