Following the announcement of funding from US VC Makers Fund, Singapore-based developer Matr1X has introduced MAX, the second token for its blockchain gaming ecosystem together with shooter Matr1x Hearth, will launch on exchanges equivalent to OKX on fifth August.
The ecosystem’s unique FIRE token has been dwell since February – presently down 37% since launch – however these within the MAX token can now construct an allocation by way of OKX’s jumpstart mining program.
Claiming a totally diluted valuation of $1.5 billion previous to itemizing, Matr1x says the MAX token capsulates performance together with governance, staking, launchpool entry in addition to utility by way of upgrading recreation objects and getting used for gasoline on the Matr1x blockchain.
50 million MAX tokens are additionally being airdropped by way of the Matr1x Apollo program.
Matr1x Hearth is the corporate’s first recreation, and battle royale recreation Matr1x Battle can also be in growth. Different titles embrace 5v5 MOBA Evermoon and Cthulhu-style ARPG card recreation Castile, that are from thirdparty devs. Different ecosystem companions embrace Hong Kong-based esports event operator Geda.
“Right this moment’s itemizing announcement of $MAX marks a transformative milestone for Matr1x and our neighborhood,” commented a co-founder of the non-doxxed group recognized solely as Madeira.
“With $MAX, we’re furthering our mission to ship pioneering community-led gaming platform experiences to a worldwide viewers. Our distinctive tokenomics spotlight our dedication to redefine the gaming business by championing decentralisation, creator-centricity, and sustainable development. $MAX embodies our imaginative and prescient to steer the web3 gaming sector, increasing our ecosystem with high-quality video games and fostering contributions from creators. That is additionally the one path to convey mass adoption to the web3 business.”
Discover out extra on the Matr1x web site.