Singapore-based blockchain developer Matr1x is set to launch its MAX token on August 5th, following an investment from US venture capital firm Makers Fund. The MAX token will be available on exchanges such as OKX and is intended to support the Matr1x gaming ecosystem, which includes the game Matr1x Fire and upcoming titles like Matr1x Battle, Evermoon, and Castile. The MAX token will offer features such as governance, staking, and game item upgrades, and is expected to contribute to the growth and development of the ecosystem.

Matr1x Cover Banner on X

What is Matr1x Fire

Matr1x Fire is an innovative game that combines the excitement of first-person shooters with the strategic depth of case-based equipment systems. Set in a dynamic world, players can engage in various game modes, each offering unique challenges and rewards.

The most recent announcement follows an investment from US venture capital firm Makers Fund. The MAX token is part of Matr1x’s expanding gaming ecosystem, which includes the shooter game Matr1x Fire, and upcoming titles such as Matr1x Battle, Evermoon, and Castile.

MAX Token Utility Explained

The MAX token offers functionalities like governance, staking, launchpool access, and utility for upgrading game items and transaction fees on the Matr1x blockchain. It will be listed on exchanges such as OKX, where interested parties can build their allocation through OKX’s jumpstart mining program. Matr1x has also revealed a fully diluted valuation of $1.5 billion for the MAX token prior to its listing. To engage the community, Matr1x will also airdrop 50 million MAX tokens via the Matr1x Apollo program.

MAX Token

Web3 Gaming Portfolio

Matr1x’s first game, Matr1x Fire, is already live, and additional titles like the battle royale game Matr1x Battle, the 5vs5 MOBA Evermoon, and the Cthulhu-style ARPG card game Castile are in development, with contributions from third-party developers. The ecosystem also includes partnerships with entities such as Hong Kong-based esports tournament operator Geda.

A co-founder of the Matr1x team, known only as Madeira, commented on the significance of the MAX token’s launch, highlighting its role in supporting Matr1x’s aim to provide community-driven gaming experiences and promote decentralization and sustainable growth in the web3 gaming sector.

“With $MAX, we are furthering our mission to deliver pioneering community-led gaming platform experiences to a global audience. Our unique tokenomics highlight our commitment to redefining the gaming industry by championing decentralization, creator-centricity, and sustainable growth. $MAX embodies our vision to lead the web3 gaming sector, expanding our ecosystem with high-quality games and fostering contributions from creators. This is also the only path to bring mass adoption to the web3 industry.”

Web3 Portfolio of Games

Final Thoughts

The launch of the MAX token by Matr1x on August 5th marks an important development for the company's blockchain gaming ecosystem. With its features including governance, staking, and game item upgrades, the MAX token is expected to support the ongoing expansion of Matr1x’s games.

The token's introduction, backed by an investment from Makers Fund and an airdrop program, is intended to foster further growth and community engagement within the platform. For additional information about the MAX token and its role in the ecosystem, visit the Matr1x website.

Source: blockchaingamer.biz