Matr1x Fire Tokenomics: $MAX Governance Token Supporting the Matr1x Platform

Bittime - Matr1x Fire is an upcoming first-person shooter (FPS) mobile game that is integrated with blockchain technology, possibly using blockchain. Here are the Tokenomics that support the Matr1x Fire platform.

What is Matr1x Fire?

Matr1x Fire is a game that carries team versus team combat on a classic symmetrical map with a play-to-earn model using $MAX tokens. The background of this game is in a futuristic virtual world with a cyberpunk style.

While the concept and aesthetics of the game may seem promising, it’s important to be careful as with any newly released play-to-earn game, as some of them could be scams. Do your research thoroughly and seek information from trusted sources before investing.

Stay tuned for the latest updates on Matr1x Fire's official release date, gameplay details, and overall legitimacy in the next bittime article.

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$MAX Tokenomics

The $MAX token serves as the governance token for the Matr1x Platform, supporting various applications and services within its ecosystem. Its design ensures growth, sustainability, and incentives for all stakeholders, fostering an active and thriving community.

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%
• Airdrop NFT: 9.4%
• Early Bird Activity: 5.5%
• Tim & Investor: 30%
• Advisor: 1.5%

$MAX Main Utilities

Community Governance Participation ️

$MAX holders can actively participate in the governance of the Matr1x community. This includes proposing and voting on key governance parameters and functionality expansions, ensuring the platform evolves in line with the community’s vision.

Gaining Ecosystem Value 

Token holders can gain value in the Matr1x ecosystem through various means such as treasury distribution, participation in the MATR1X Launchpool, and receiving airdrops from other projects. This ensures that the community benefits from the growth and success of the platform.

Participation Rights 

Owning $MAX grants exclusive rights to publish games, compete for club seats, vote on events, and use the token in various ecological projects. 

This encourages active engagement and utilization of the various services the platform offers.

Staking and Rewards 

$MAX holders can stake their tokens to contribute to the security of the network and receive rewards. This not only provides an incentive to maintain the blockchain but also encourages long-term engagement and commitment from the community.

Governance Decisions 

The $MAX token provides voting rights, allowing its holders to influence governance decisions on the Matr1x blockchain. This democratic approach ensures that the future direction of the network is shaped by its users.

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