MatryX Introduces Blockchain based MTX Token for Hashpower Gas and Ecosystem Expansion
NEW YORK, NY - (NewMediaWire) - March 29, 2023 - MatryX, an innovator in Artificial Intelligecne (AI) hashpower mining, has unveiled its innovative MTX token using the Zebec blockchain infrastructure, a borderless streaming payment platform. The MTX token aims to bolster the MatryX ecosystem through Hashpower Gas, computing device payments, and engagement in Eco Defi, NFT, GameFi, and other applications. This pioneering token, which is a blockchain based is set to play a pivotal role in the future evolution of the AI hashpower mining sector, fostering a more efficient, secure, and eco-friendly global AI network.
With a total mintage of 100 million, the MTX token is designed to reshape the AI and blockchain industries by providing a scalable and energy-efficient solution for blockchain mining via its innovative AI based hashpower support. The token allocation encompasses 5% for initial liquidity provision, 5% for community airdrops, and a significant 90% for hashpower mining. The primary use cases for the MTX token include incentive issuance, as a payment method for computing devices, as a value transfer within the MatryX ecosystem and enables user participation in Eco Defi, NFT, GameFi, etc.
"The introduction of the MTX token, using the Zebec blockchain infrastructure which is a leading blockchain based payment streaming provider, signifies our dedication to propelling the AI based hashpower mining (Computer Power) industry forward. We are eager to witness the token's potential as we continually innovate and expand our ecosystem. By integrating the MTX token into our platform, we offer users a seamless and rewarding experience that will lay the foundation for a new era in the AI and blockchain domains," states Kiran Rao, CTO of MatryX AI.
The MTX token's launch follows MatryX's pioneering AI aggregated hashpower mining solution, which merges AI technology with blockchain technology to optimize mining algorithms, enhance mining efficiency, and ensure equitable earnings distribution. This distinctive approach has risen the interest of small-scale miners and investors, as it facilitates a more lucrative and efficient mining process through the consolidation and sharing of hashpower.
Moreover, the provision of MTX token will solidify the partnership between MatryX and Zebec, as both entities share a vision of establishing a high-performance AI hashpower stream payment network. The MTX token is instrumental in achieving this shared goal. To bolster ZBC liquidity and augment the value of the MTX ecosystem, MatryX will enable investors to mint 1 MTX for every 100 ZBCs invested in the crowdfunding mining treasury.
MatryX is the world's largest MPOS high-performance distributed hashpower cluster pool, constructed on Zebec Chain and backed by AI, Mateverse, Big Data, and Cloud Computing technologies. MatryX aspires to deliver efficient, energy-conserving, and cost-effective AI hashpower support for metaverse technology infrastructure and training extension models.
For additional information about MatryX AI and the MTX token, visit the official website at https://matryx.pro/ or follow MatryX on social media channels.
Contact: James McKay, PR Manager