Matrix One’s Token $MATRIX Goes Live, Accelerating the Development of Human-Like AI Characters

Matrix One, a Solana-based decentralized protocol revving the development of human-like AI Characters, successfully launched its native token $MATRIX, giving users access to its growing ecosystem.

$MATRIX is a utility token that enables participation and transactions within the Matrix One network. It is now available on leading crypto exchanges, namely MEXC, Gate.io, and Jupiter DEX. The token went live on September 17 following sold-out DEX Offerings (IDOs) held across multiple platforms, including ChianGPT, Seedify, SeaPad, WeWay Launchpad, and Eesee. Market capitalization information is available in real-time on the Dextools platform.

The $MATRIX token has multiple functions across various decentralized applications (dApps) including allowing holders access to premium features in dApps such as Avatar.One. $MATRIX can also be used to enhance a character’s marketplace discoverability. Token holders can also be used for commission-free trading on Character.One.

In addition, creators can earn $MATRIX tokens by tokenizing their creations through engagement with others. The token empowers all holders with governance rights, giving them a say in the direction and development of the Matrix One ecosystem. Another feature is that the token can unlock or upgrade character traits such as animations, advanced memory, skills, high-quality renderings, etc.

The $MATRIX token’s total supply is capped at 10 billion tokens. According to the team, the 10 billion tokens will be distributed between the community, seed round, core contributors, staking rewards, liquidity, public sale, Compute (treasury), Airdrop, strategic round, marketing and partnerships, and private rounds.

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Created as a protocol for developers and creators, Matrix One seeks to address several critical challenges with AI character creation, interaction, and deployment. Matrix One hopes to create a future where users have the tools and platform to bring their most imaginative AI characters to life. To achieve this, Matric One offers modular tools that allow the craft characters to have multimodal perception capabilities. These creations can seamlessly integrate into both virtual and real-world settings.

Matrix One utilizes four large groups of module designs, namely character studio, 3D avatar visualizer, model index, and character marketplace, to streamline AI characters’ creation, utilization, and distribution.

Commenting on the project, the Matrix One team explained:

“Our vision is to democratize the creation, ownership, and utilization of AI-powered characters. They will be immersive, accessible, interactive, decentralized, and interoperable. Our ambition extends beyond merely enhancing digital interactions with AI agents; we aim to build a world where AI characters serve as companions, guides, and collaborators in our daily interactions.”