Matrix One is Coming to ChainGPT Pad: A New Approach to AI

Matrix One brings a suite of modular tools for AI, Game and 3D application developers and creators. With them, multimodal characters come alive to improve human interaction with AI.

Matrix One is a step forward in humanizing AI and making it as relatable as possible. It will also address some of the growing concerns in the AI industry, including privacy and data security.

Now is your chance to get involved with the latest ChainGPT IDO. An exclusive opportunity to get in early for that next ticket to the moon. At ChainGPT Pad we’re committed to partnering with top vetted projects from across all corners of Web3. Expect fundamental value and the potential for high returns when on the ChainGPT Pad.

You can learn more about Matrix One on their IDO page.

Matrix One

Matrix One is a decentralized Solana protocol that offers developers and creators the tools to create characters that integrate into the real world as much as they do in the virtual world. The goal is to ensure we and other users have access to 3D AI characters that are decentralized, interactive, and interoperable. With that, our digital interactions will be enhanced with AI agents that can serve us daily as guides or collaborators.

How Matrix One Works

The project's vision revolves around solving specific problems plaguing our AI experience. By doing so, Matrix One advances the AI character industry to create a thriving community where creativity can grow. Developers and AI creators will demand this.

Here are the current problems and Matrix One's steps in addressing them:

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High entry barrier for AI character creators: It's no news that creating AI characters is technically intensive with significant resource demand. That has limited the industry to only developers and companies with the means to operate. Matrix One's no-code tools will allow more developers to bloom, pushing the industry forward.
Inadequate value distribution to creators: Platforms that use AI characters have gone home with the most share of the creation for a while. That leaves the creators with little to go by, an outcome that can affect innovation. Matrix One will ensure fairness and transparency in the ecosystem's value distribution.
Limited memory and personalization: Users still report AI characters lack engagement in conversations. That is a result of the limited humanization these characters possess. Matrix One's plans involve boosting AI character capabilities at acquiring and retaining information, with adaptability for human conversations.
Privacy concerns and data security: Most AI-driven applications collect user data. While that helps shape the AI, it raises security concerns for the user. With Matrix One's blockchain solution, users will control their data when interacting with the AI characters.

Use Cases

The use cases cut across several industries, including customer service, gaming, and education. Here's how Matrix One fits in with our daily lives:

As an AI companion: We've already seen this use case through Avatar.One. The companions will be capable of adaptive learning to evolve and forge deeper connections with users.
As educational tutoring support: The provided technology will be able to adapt to individual learning styles and provide customized content to make education more engaging and effective.
As customer service AI agents: Unlike us, these AI agents can serve 24/7.
As game NPCs: Non-playable characters that roam virtual experiences engaging with players and storylines.

Achievements So Far

Matrix One has achieved a major milestone in its vision through its flagship product, Avatar. One. That means you'll be participating in an IDO with proven traction.

Avatar.One boasts 120,000 active monthly users. It has successfully linked with 100,000 Solana wallets. You can get this product on your Android or iOS device for testing before participating in the IDO.

Business Plan (Revenue Sources)

First, the flagship product, Avatar.One uses a subscription-based model. Its pro subscription tier already accounts for over $5,000 monthly recurring revenue (MRR). Users at that level can access all the features, including emotes, voices, and unique clothing.

In addition to the monthly revenue, Microsoft Azure has granted Matrix One GPU credits worth $150,000, which has helped offset development costs.

Matrix One plans to create a character marketplace for app developers, game studios, and regular consumers. This model will bring in revenue as the users pay per API interaction with the characters in the marketplace.

Tokenomics

Project Name: Matrix One

Token Symbol: $MATRIX

Contract Address: n/a

Network: Solana

Market Maker: Trireme Trading - Responsible for AI tokens such as $SKAI (ATH ROI 9.76x) & $DEAI (ATH ROI 8.37x) amongst others

Public Round Token Price: $0.0016 for the IDOs

Raise on ChainGPT Pad: $250K

Total Tokens Supply: 10B

Total Tokens for CGPT IDO: 156,250,000

Vesting for IDO Round: 15% unlock one-month cliff five-month linear vest (fully vested after six months)

Initial Market Cap (IMC) without liquidity: $380K

Initial Market Cap (IMC) with liquidity: $859K

Circulating Supply at TGE ( please include % of total alongside the number): 537,462,500

(5.37%)

Token Use Case

$MATRIX token incentivizes participation and encourages community-driven decision-making. Its uses include the following:

Utility and governance: As a $MATRIX token holder, you'll have governance rights. Hence, you can share your input on the project's direction, proposals, new features, and ecosystem development.
Currency: The token can be used to purchase in the character marketplace.

The Team Powering Matrix One

With dozens of years of experience, the Matrix One project team is rich enough to propel it to greater heights. The co-founder, Mark Studholme, has notable achievements under his belt. He founded the first ICO platform in the Netherlands, BigX, and started Europe's former largest marketplace for independent furniture, CrowdyHouse.

Who Backs Them?

Currently, Matrix One has strong backing from Animoca Brands, John Radoff, the founder of Beamable, Akash, and Wilder World. These prominent names are a good indicator of its potential!

Matrix One's take on making AI technology in a fun and innovative way. Its value is clear with use cases across different corners of Web3 to improve the user experience.

Join ChainGPT Pad to be part of the Matrix One IDO. All you have to do is visit our official website to start your participation. While at it, you can view our IDO pools to see other successful projects we've guided through their IDOs.