Find out the latest project with Matrix NFT Utility and what you need to learn.
Matrix NFT Utility
Matrix NFT is a non-fungible token and it will be used as an NFT in the future ecosystem. The Matrix NFT Utility is a set of tools designed to help you operate Matrix NFT. It consists of A Token Viewer which is used to examine details of a particular Matrix NFT.
Also, it includes A Token Scanner which is useful for detecting NFTs that Matrix has not recognized yet and adding them to the database. Third, An Explorer for viewing all the registered NFTs on the mainnet and testnet. Fourth, A NFT Design Studio for creating your own designs for your NFTs.
The Utility has a Wallet for storing your NFTs. So, the total supply of Matrix will be 10 billion, User cryptocurrency dividend is not just a financial return, but also a reward for your support. User cryptocurrency dividend is designed to help expand the Matrix ecosystem and community.
Matrix Token Distribution
This is divided into two parts: Matrix NFT Dividends and Transformers Dividends (will be detailed below). Usercryptocurrency dividend is distributed every month and the amount of the dividend depends on the value of transaction fees in the past month. Then it is airdropped every quarter, and we have considered distributing it using a snapshot on a certain day.
However, we have decided not to do so for now for technical reasons. User cryptocurrency dividend comes from transaction fees and the transaction fees are paid by users who are using the network (transaction fee = network cost). User cryptocurrency dividends will go to those who hold Matrix NFTs or Transformers through.
NFT Matrix Token Invest
Matrix NFT Utility also provides other benefits. Like tokens will be exchangeable via decentralized exchanges. Matrix Tokens can be traded as assets on centralized exchanges.
Tokens can be used as collateral to borrow other tokens or cryptocurrencies from lenders in the future ecosystem. Tokens could be used as loyalty points in certain services provided by the future ecosystem. Also, tokens can be used to purchase services or products in the future ecosystem.
Moreover, tokens could raise funds for your project via ICO or STO in the future ecosystem. A token viewer is used to examine details of a particular Matrix NFT. A Matrix scanner is useful for detecting NFTs that Matrix has not recognized yet and adding them to the database.
A scanner is useful for detecting NFTs that Matrix has not recognized yet and adding them to the database. Crypto investment is a promising field. But it is still relatively new. So, investors are often confronted with various difficulties and problems.
One of the biggest problems is that investors do not have enough information about the project they are interested in. Investors can only rely on official reports and news. But sometimes they do not provide enough information to properly assess the situation.
The project team may lack sufficient experience or financial management skills. It could also happen that the project team just wants quick money, and sells tokens at a very high price, making a quick profit for themselves. But not for investors. It could also happen that the team does not actually have an idea or product and just wants to raise funds from the token sale.
