The next Web3 Game leader? Detailed discussion on what MATR1X, which has just been listed on OKX, is all about?

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MATR1X is an ecosystem that combines popular Web3 games, public game chains, artificial intelligence (AI), Web3 game distribution platforms and e-sports platforms. It upgrades and builds the MATR1X brand through self-developed high-quality games or cooperation with third parties in game IP development, global e-sports events, etc.

In terms of self-operated games, MATR1X now has four AAA games, including MATR1X Fire, MATR1X Battle, Castile and Evermoon.

Among them, MATR1X Fire is a first-person shooter game. Combining the excitement of a first-person shooter with the strategic depth of a case-based equipment system, the game is set in a dynamic world where players can participate in a variety of game modes, each of which offers unique challenges and rewards. Built on the Polygon chain, MATR1X Fire plans to replicate and surpass the jewelry economy model of CSGO, which has been downloaded more than 2.5 million times worldwide. The team said that CSGO players have a strong adaptability to asset chaining, and MATR1X Fire's choice of the FPS track is also more likely to attract Web2 players to Web3.

MATR1X Battle is the first battle royale chicken game in Web3, and its gameplay is similar to PUBG and Freefire. Incorporating AI technology, MATR1X Battle has created a big world entertainment environment where players need to compete fiercely for survival. Players can also socialize, form teams, create UGC, and interact in the virtual world. It can also communicate with other product assets on the MATR1X platform, and empower each other with rights and interests.

Castile is a next-generation 3D RPG + Roguelike card game. Combining classic RPG elements with innovative features, Castile creates a fantasy world full of ancient magic, legendary heroes, and esoteric lore, providing players with a Dark Souls-style experience, including real-time combat, rich character customization, and a quest system. However, the game is still in the early stages of development and has recently been alpha tested. This test is only open to asset holders and some community members, is suitable for Android phones, and is compatible with PC emulators.

Evermoon is a 5v5 multiplayer online battle arena (MOBA) game that is a bit like a mix of League of Legends and Mobile Legends. Players can choose different heroes, each with special abilities, and control the map and destroy the enemy base through teamwork. Using the innovative "Play-and-Earn" model, Evermoon's daily and weekly tasks provide players with additional goals and rewards, encouraging continued participation and providing various challenges.

In addition to these games, MATR1X is also one of the largest Web3 e-sports platforms. MATR1X will build a Web3 e-sports system covering leagues, championships, and star games, and launch e-sports peripheral products. In addition, MATR1X also adopts the Watch2Earn mode, and even if you don’t play games, you can get $MAX tokens and exclusive treasure chests by watching the game. For example, the Asian Masters finals held by MATR1X had more than 1.88 million viewers per game, with a total exposure of more than 10 million.

The economic system of MATR1X adopts a typical three-token model, including the governance token MAX, the utility token FIRE, and NFT assets. This model provides a sustainable gaming ecosystem by integrating Web2 and Web3 business models.

Its governance token $MAX was listed on OKX Jumpstart on July 29 and traded on multiple exchanges on August 5. $MAX represents the governance rights of the entire MATR1X ecosystem and is mainly used for incentives and staking. Token holders can allocate through the treasury, participate in the MATR1X Launchpool, and receive airdrops from other projects. They can also be granted the right to publish games, compete for club seats, and vote on activities.

The total supply of $MAX is capped at 1,000,000,000 tokens , distributed as follows:

  • Platform contribution: 27.6%

  • Ecosystem development: 16%

  • Community Initiatives: 10%

  • NFT Airdrops: 9.4%

  • Early Bird: 5.5%

  • Team and investors: 30%

  • Consultant: 1.5%

The functional token FIRE is positioned as the core cycle of the MATR1X FIRE product and is also an important asset for players to pursue a sense of purpose. The distribution of FIRE tokens is relatively simple. The team, community and ecosystem will receive a total of 17.5% of the tokens. The remaining 72.5% of the tokens will be produced through games, including playing games, opening boxes, participating in competitions, and will be used for character development, opening boxes, e-sports rewards, and privilege purchases. Part of the consumed FIRE (such as asset upgrades and opening boxes) will be burned.

In terms of NFT, through the "triangle strategy" design that combines games, e-sports, IP and co-creators, MATR1X has also issued corresponding NFTs, such as heroes and skins, sacred beasts, game props, KUKU treasure chests, etc., with a total transaction volume of more than 110 million US dollars.

This three-token model ensures the sustainability of the MATR1X economic system. For example, asset diversity and reservoirs can provide a variety of NFT assets with different functions, ensuring economic stability and differentiation, and avoiding the problems of pure gold farming models. Secondly, because some assets are non-productive collectibles, they can attract players through strong playability and e-sports fan economy, ensuring that the in-game cycle does not only rely on speculative demand.

In addition to the sustainability of the economic system, MATR1X has some obvious advantages.

First of all, MATR1X has a top game development and distribution team + blockchain development and marketing team. Founder Saku and his co-founders have more than 10 years of experience in mobile game development. The projects they have developed have accumulated more than 400 million users and accumulated total revenue of more than 5 billion US dollars. Well-known games include Call of Duty Moilbe, PUBGM, and Cross Fire. Other team members also have an average of more than 8 years of experience in game development and distribution, and blockchain, and have held important positions in the world's top game companies (such as Tencent, NetEase, and Mihoyo). Secondly, in terms of financing, Matr1x Fire received a total of 20 million US dollars in the first two rounds of financing. The third round of financing was completed in February this year. The amount has not yet been disclosed. Investors include top Web3 funds such as OKX and Animoca.

In addition, the playability of the MATR1X game has also injected a certain amount of vitality into its ecosystem. MATR1X FIRE not only tests shooting skills, but also requires teamwork and strategic thinking, similar to CSGO, which increases the depth and long-term appeal of the game. Moreover, the MATR1X platform not only has shooting games, but also plans to launch a variety of game types such as chicken, cards, MOBA, etc., which are all game categories with the top 5 user scale. The diversified game layout can attract a wider range of players. Moreover, the number of users of shooting mobile games worldwide has exceeded billions, such as Freefire, far exceeding the PC player group of CSGO. From this point of view, MATR1X can not only attract traditional PC players, but also attract a large number of mobile game players, and the market potential is huge. And the mechanism of MATR1X that allows players to play games without purchasing NFTs is also more attractive to traditional game players.

According to the data, MATR1X already has four AAA games, and the number of clicks and downloads is very optimistic. Even during the testing period before Matr1x Fire was launched on the mainnet, it attracted more than 800,000 users to play, and the number of game downloads exceeded 1.1 million. Today, the number of followers of the official Twitter account is close to 700,000, and the blockchain game guild pays great attention to the project, with a Discord community of more than 200,000 people.

From the above aspects, MATR1X has built a healthy and sustainable game ecosystem with its innovative three-token economic system, strong user base, rich game content, low entry barriers and high credit base. Coupled with strong market popularity, MATR1X has considerable development potential. It is expected to become the leader in the Web3 game field in the future, thereby promoting the prosperity of the entire Web3Game ecosystem.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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