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Matr1x: Exploring the New Frontiers of Web3 Entertainment

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Introduction

Matr1x is a Web3 entertainment platform based in Singapore that combines games, NFTs, and novel IPs. The mission of this platform is to promote the integration of games and blockchain technology, explore and break the boundaries of gaming, and provide players with high-quality Web3 gaming experiences and true digital sovereignty. Matr1x focuses on three areas: Web3 mobile gaming platform, Web3 esports ecosystem, and Web3 native IPs.

Background

The Matr1x team consists of top global game development and publishing teams, as well as blockchain research and marketing teams. On average, team members have more than 8 years of experience in game development, publishing, and blockchain industry. The founding team members have held important positions in top global gaming companies such as Tencent, NetEase, and miHoYo. Currently, team members are distributed in Web3 important countries such as South Korea, Japan, the United States, Singapore, Hong Kong, Vietnam, and the Philippines.

Apart from that, Matr1x completed its angel round of financing in October 2021 and raised $10 million in Series A financing in May 2022. The company secured investments from top Korean financial group Hanwha Financial, early investors in ETH such as Hashkey Capital, Amber, Seven X, and other renowned venture capitalists. These funds are intended to be utilized for game development, platform construction, community, and market expansion.

Product

Matr1x FIRE is the first mobile FPS game in the metaverse and also the first game on the Matr1x platform. This game allows players to win NFTs and digital art assets with significant appreciation potential, such as avatars, weapons, PFPs, gloves, and other items.

The features of Matr1x FIRE include:

1. Digital sovereignty (Play and own): As a native Web3 game, community players truly own game items and props, allowing for free trading and profit sharing.

2. Classic mobile shooting battles: Matr1x FIRE focuses on the strategic nature and team cooperation of the game. Players need precise shooting skills, strategic thinking, and teamwork to achieve victory.

3. Co-creating a world and narrative: Through the creation of a 1-million-word background novel, Matr1x has built an immersive game world and a deep narrative background, co-created with the community.

4. Exquisite game visuals: Matr1x FIRE emphasizes the beauty of game visuals, utilizing advanced graphics technology and visual effects to provide the community players with an ultimate gaming experience.

5. Free to Play: Players can directly experience the game, smooth as playing a Web2 game, without the need for NFTs or asset purchases. They will also randomly receive digital asset rewards. However, if players want to obtain higher-level rewards, they need to own NFT assets.

6. Web3 Esports ecosystem (Esports to own): Building a unique Web3 esports event, including in-game competitive matches, small-scale tournament platforms, regional championships, and professional competitions.

7. Originating from and returning to the community: Matr1x FIRE is always centered around community development. The community will participate in important DAO governance processes, and the majority of profits will be given back to the community.

8. Asset diversity and decentralized distribution: Matr1x FIRE's assets include matr1× 2061 assets running on the Ethereum mainnet and in-game NFT assets. These assets can be used across multiple games, traded, and all crafted by players.

The economic system of Matr1x FIRE includes various components: FIRE Token (an in-game currency with unlimited supply used for various gameplay mechanisms like character development, opening treasure chests, and weapon synthesis), MAX Token (Matr1x platform token with a total supply of 1 billion, used for platform governance and incentives), NFTs (in-game non-fungible tokens representing characters, weapons, equipment, etc.), and FTs (in-game fungible tokens representing ammunition, medicine, etc.).

The game modes of Matr1x FIRE include:

1. PVP (Player versus Player): It includes individual battles, team battles, and guild wars.

2. PVE (Player versus Environment): It includes dungeon challenges, world bosses, and guild missions.

3. P2E (Play to Earn): Players can earn FIRE Tokens, MAX Tokens, and NFTs through the game.

The game mode and economic system design of Matr1x FIRE enable players to enjoy the fun of the game while also earning profits, truly realizing the concept of Play to Earn.

Matr1x FIRE's game mode and economic system design allow players to not only enjoy the game but also earn profits through gameplay, achieving a true Play to Earn experience.

Community Governance

From the very beginning, Matr1x has been planning towards the direction of DAO. Initially, the governance rights were temporarily managed by the company. However, as the platform develops, the governance rights will gradually be returned to the community. The DAO mechanism will be used to involve players in the platform's operation and decision-making processes, including game development direction, feature updates, and community rule-making.

Future Plans

Matr1x's future plans include NFT staking, Alpha testing, esports events, major IP collaborations, community partnerships, global ambassador recruitment, Genesis character release, public testing, token issuance, and preparation for new games.

Conclusion

With its unique positioning as a Web3 entertainment platform and an innovative model combining gaming, NFTs, and novel IPs, the Matr1x project has demonstrated tremendous potential. The team's extensive experience and strong background, along with the achievements in fundraising, provide a solid foundation for the project's development. Furthermore, Matr1x's emphasis on community governance and its future plans showcase a deep understanding and long-term vision of the Web3 world. However, as an emerging project, Matr1x also faces challenges such as market competition, technological implementation, and user growth. Looking ahead, we anticipate Matr1x to continue innovating and realizing its vision of a Web3 entertainment platform, offering users a more enjoyable Web3 gaming experience.

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