MAX
MAX

Matr1x price

$0.25576
-$0.00144
(-0.56%)
Price change from 00:00 UTC until now
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Market info
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FAQ

Matr1x market info

Market cap
Market cap is calculated by multiplying the circulating supply of a coin with its latest price.
Market cap = Circulating supply × Last price
Circulating supply
Total amount of a coin that is publicly available on the market.
Market cap ranking
A coin's ranking in terms of market cap value.
All-time high
Highest price a coin has reached in its trading history.
Market cap
$33.37M
Circulating supply
130,520,000 MAX
Market cap ranking
250
24h high
$0.25989
24h low
$0.24825
All-time high
$0.48600

Matr1x price performance in USD

The current price of Matr1x is $0.25576. Since 00:00 UTC, Matr1x has decreased by -0.56%. It currently has a circulating supply of 130,520,000 MAX and a maximum supply of 800,000,000 MAX, giving it a fully diluted market cap of $33.37M. At present, the Matr1x coin holds the 250 position in market cap rankings. The Matr1x/USD price is updated in real-time.
Today
-$0.00144
-0.56%
7 days
$0.022500
+9.64%
30 days
-$0.02456
-8.77%
3 months
-$0.05117
-16.68%

About Matr1x (MAX)

Matr1x supports the creation, distribution, and underlying infrastructure of Web3-based digital entertainment. The platform integrates gaming, artificial intelligence (AI), and esports, all built upon secure blockchain infrastructure, to disrupt and lead forward the global gaming and digital content spaces. The project’s ultimate mission is to help accelerate the mainstream adoption of Web3 solutions.

How does Matr1x work?

For users, Matr1x develops and gives access to premium Web3 games and esports including Matr1x Fire, the first mobile shooting game in the metaverse. Players are incentivized to participate through a token distribution mechanism that rewards their engagement.

Meanwhile, Matr1x provides ecosystem partners with the necessary infrastructure to distribute Web3 games. That includes gamified Layer-1 and Layer-2 blockchains, wallets, and cross-chain functionality. The wider Matr1x ecosystem includes a creator incentive program, esports competition system, community trading, and other content. These features provide users with numerous opportunities to earn rewards and potentially generate revenue.

About Matr1x’s technology

The Matr1x game engine is built around the Entity Component System (ECS) — an architectural pattern commonly used in video game development. ECS supports a multiplayer game’s need for network communication capacity and helps provide an optimum experience for players. Meanwhile, the Unity engine’s Universal Rendering Pipeline provides high quality mobile game graphics, further elevating the experience for players.

The Polygon and Ethereum public chains underpin Matr1x’s ecosystem, and are used to store game prop assets and token assets. Meanwhile, a combination of hot and cold wallets are used to store and access assets, including the Gnosis multi-signature wallet.

MAX price and tokenomics

MAX is the native token of the Matr1x ecosystem, with a maximum supply of 1 trillion. To date, 200 million MAX have been burned, with the tokens drawn from the following allocations:

  • 50 million from team and investors
  • 80 million from community
  • 70 million from platform contribution

The MAX price experienced some predicatable volatility after launching during mid 2024, and Matr1x prices reached an all-time-high of $0.4787 on August 6, 2024. Being a relatively new token, MAX prices may experience further volatility as Matr1x continues to evolve its ecosystem beyond the popular Matr1x Fire game and attract new users who may choose to trade MAX.

An in-game currency exists within the Matr1x Fire game, called FIRE. The asset is used as a currency to access in-game props and interact with other game features.

The asset has been distributed to the community through the following split:

  • Team and investors: 30.0%
  • Community: 10.0%
  • Ecosystem: 16.0%
  • Advisors: 1.5%
  • Early bird: 5.5%
  • NFT airdrop: 9.4%
  • Platform contribution: 27.6%

About the founders

Matr1x’s founding team brought more than ten years of collaborative experience to the project, including more than five years’ experience in blockchain development. The team’s cumulative game development and operations experience has reached over 400 million users and generated over $5 billion in revenue. The team’s portfolio includes major products such as Call of Duty Mobile, PUBG Mobile, CrossFire Mobile, and WeChat Pay, making them one of the few teams globally that’s capable of developing large-scale mobile products.

Matr1x highlights

  1. Provides GDaaS (game-distribution-as-a-service) services to help more games migrate to Web3
  2. Independent research and development capabilities to further support the emergence of Web3 games
  3. Represents the largest Web3 esports platform today, featuring the concept of “watch to airdrop,” which helps attract more players and Web2 users
  4. The entity behind Matr1x Fire, a leading first-person shooter game in the metaverse
  5. Offers the ability to train AI models in the world’s largest games and further promote use cases for AI agents, especially through esports
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MAX FAQ

Why should I use Matr1x?
Matr1x offers access to leading Web3-native games and other digital entertainment content towards its goal of driving adoption for the Web3 space at large. Additionally, interacting with the Matr1x ecosystem grants you the opportunity to earn rewards such as non-fungible tokens and cryptocurrencies, alongside other benefits. Matr1x also provides various employment and development opportunities for those interested in the development of esports in the Web3 space.
What is the Matr1x (MAX) token used for?

The MAX token plays many roles in the Matr1x ecosystem. It supports project governance, including submitting proposals and voting on decisions that influence the project’s direction. The token also forms part of the Matr1x value offering. MAX is distributed from the project’s treasury, and allows users to participate in the Matr1x Launchpool and receive airdrops from other projects.

MAX also gives access to exclusive privileges such as publishing games on the Matr1x platform and competing for club membership. What’s more, holders can stake their MAX to become an ecosystem node, earn rewards, and participate in governance decisions on the MATR1X blockchain, including profit distribution. Meanwhile, the token will be used for consumption within selected products, such as role upgrades and market transaction pricing.

Who are the founders of Matr1x?
According to the project whitepaper, the Matr1x project has seven co-founders, each anonymized by a pseudonym and avatar. "0xsaku.eth" is noted as the project’s co-founder and CEO, and they alledgedly contribute 10 years of experience developing mobile games that have grossed more than $5 billion in revenue, alongside more than 10 years experience across Web3. Together, the founding team is said to bring decades of experience in gaming, Web3, crypto investment, software development, and other related fields.
What are the future plans of Matr1x?
According to the project whitepaper — which is due to be updated in Q3 of 2024 — the Matr1x ecosystem will continue to evolve and expand. The M1-Chain testnet is due to launch during Q3 2024, around the same time as the release of esports product GEDA. Q4 2024 will see more details released on the Matr1x AI product ’AI to earn’. Meanwhile, early 2025 will reportedly bring M1-Chain ecosystem products in the form of a wallet, bridge, and decentralized exchange. From 2026 onwards, Matr1x is planning to release one to two "big games" and five to ten "smaller games" every year.
How much is Matr1x worth today?
Currently, one Matr1x is worth $0.25576. For answers and insight into Matr1x's price action, you're in the right place. Explore the latest Matr1x charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Matr1x, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Matr1x have been created as well.