MAX is the core token of the MATR1X platform, supporting a wide range of applications and services within the MATR1X platform ecosystem, capturing the value of all projects on the MATR1X platform, including asset returns, equity, and governance. As an ERC-20 token, MAX will soon be deployed on the public chain with a total supply of 1 billion.
Token distribution
The distribution of MAX tokens is as follows:
Team and investors: 300 million MAX (30%) will be allocated to the team and early investors as a reward for their contributions.
Community: 100 million MAX (10%) will be allocated to the community to encourage community participation in ecological construction.
Ecosystem Fund: 160 million MAX (16%) are used to build initial liquidity and user ecosystem.
Advisors: 15 million MAX (1.5%) are allocated to advisors to compensate for their guidance contributions.
Early Bird Rewards: 55 million MAX (5.5%) will be awarded to early users who participate in early testing and the Apollo program.
NFT airdrop: 94 million MAX (9.4%) will be awarded to holders of MATR1X platform NFT-YATC and KUKU.
Platform contribution: 276 million MAX (27.6%) will be awarded to partners or builders who support the maintenance and development of the MATR1X platform. The specific allocation basis includes effective turnover, number of real users and content creation. The final decision-making power belongs to MATR1X DAO.
MAX application scenarios
1. Community governance participation
MAX holders can actively participate in the governance of the MATR1X community, including:
Propose and vote on governance parameters and function expansion.
Participate in proposals and votes for first-party game improvements.
Vote on operational activities within the MATR1X community.
2. Ecosystem value capture
MAX tokens provide opportunities to capture value in the MATR1X ecosystem, including:
Sharing the allocation of the MATR1X platform treasury.
Participate in MATR1X Launchpool.
Receive token airdrops from other projects on the MATR1X platform.
3. Participation Rights
MAX grants users exclusive rights within the MATR1X ecosystem, including:
Publish games on the MATR1X platform.
Strive for club seats.
Vote on events related to the event.
Serve as a consumer medium for various ecological projects.
Vote on the specific allocation of MAX in platform contributions.
4. Use on the MATR1X network
Staking and rewards: MAX tokens can be staked for network security and rewards, incentivizing token holders who contribute to maintaining the blockchain.
Governance decisions: MAX tokens grant holders voting rights, enabling them to participate in the governance decisions of the MATR1X blockchain and shape the future of the network.
MAX and ve-MAX
What is ve-MAX?
ve-MAX is generated by locked MAX and represents the governance authority of the MATR1X platform, and its amount is determined by the amount and time of MAX lockup. ve-MAX has a voting authority cap when voting on specific projects.
Calculation method of ve-MAX:
x1: The number of MAX locked
x2: The time of lock (minimum 7 days, maximum 3 years)
ve-MAX = x1 * (x2 / 3 years)
Main application scenarios:
Club seat election
Event voting
Treasury allocation
Operation and community event voting
Transaction pricing of some props in the market
Release of new games
In-depth participation in MATR1X Launchpool
Conclusion: MAX, as the core token of the MATR1X platform, has a wide range of application scenarios and strong value capture capabilities. Through detailed allocation strategies and rich application scenarios, MAX not only supports the ecological development of the MATR1X platform, but also provides holders with multiple ways to participate and profit. With the continuous expansion and innovation of the MATR1X ecosystem, the value and influence of MAX tokens will continue to increase.