According to TechFlow, Matr1x officially announced the token economics of its governance token $MAX. The total supply is 1 billion, and 94 million $MAX will be airdropped to MATR1X platform NFT holders, such as YATC and MATR1X KUKU NFT holders. The specific distribution is as follows: platform contribution 27.6%, ecosystem 16%, community 10%, NFT airdrop 9.4%, early bird event 5.5%, team and investors 30%, consultants 1.5%.

$MAX supports a wide range of applications and services within the ecosystem. Its main uses are:

  • Community governance: Participate in the governance of the MATR1X community and jointly decide the future development of the platform.

  • Ecosystem value capture: $MAX holders can obtain allocations to the MATR1X platform treasury, participate in the MATR1X Launchpool, receive airdrops from other projects, etc.

  • Exclusive privileges: Release games on the MATR1X platform, compete for club seats, etc.

  • Staking and rewards: Staking $MAX to become a MATR1X ecological node and receive rewards, and participate in the governance decision-making of the MATR1X blockchain