Matr1x Fire PriceFIREInactive

What is Matr1x Fire (FIRE)?

Matr1x Fire (FIRE) is the utility token powering MATR1X FIRE, a mobile first-person shooter (FPS) game set in a futuristic cyberpunk universe. MATR1X FIRE is described as the first mobile shooting game in the Metaverse and the inaugural title on the broader Matr1x platform, a global Web3 entertainment hub that blends multi-episode games, NFT art, Esports, online literature, and community engagement. The game is developed by Matr1x_io and is available on both iOS and Android devices.

FIRE operates on the Polygon blockchain, which records all transactions across a decentralized network of computers, ensuring transparency and security. The game leverages blockchain technology to provide in-game rewards and trading, and integrates NFTs that allow players to own and trade unique in-game assets. FIRE serves as the utility token within this ecosystem, enabling players to earn, trade, and utilize tokens as part of a dynamic in-game economy.

The project has raised significant funding, including a $10 million round announced in November 2023, with total raised reported at $20 million. According to Yahoo Finance, the project start date is February 2, 2024. Supply data varies across sources: tokenomist.ai lists a total supply of 1,000,000,000 tokens and a circulating supply of 930,646,716, while CoinMarketCap lists a total supply of 165.64 million FIRE and a circulating supply of 66.73 million FIRE. CoinMarketCap also notes a self-reported supply of 120,000,000 FIRE. The project is in an active expansion phase, with availability across multiple regions and ongoing development of its game ecosystem.

Key Specifications & Tokenomics

• Name: Matr1x Fire
• Ticker / Symbol: FIRE
• Blockchain / Platform: Polygon
• Contract Address: 0x838C...17E3C2
• Block Explorer: polygonscan.com
• Category: Gaming, Collectibles & NFTs, Hashkey Capital Portfolio, DEX Mode
• CertiK Rating: 3.7
• Total Supply: 1,000,000,000 tokens (tokenomist.ai); 165.64M FIRE (CoinMarketCap)
• Circulating Supply: 930,646,716 tokens (tokenomist.ai); 66.73M FIRE (CoinMarketCap)
• Max Supply: 1,000,000,000 (tokeninsight)
• Self Reported Supply: 120,000,000 FIRE (CoinMarketCap)
• Fully Diluted Valuation: $35,785,143 (tokeninsight)
• Allocation: 30% Team and Investors, 23% Community and Marketing, 19% Ecosystem and Reserve, 2% Advisors, 6% Launchpad, 8% Matr1x FIRE, 12% Other Games
• Vesting: Linear vesting, especially for Mining in Game allocations
• Token Sale Ticker: MAX
• Total Raised: $20M

Who created Matr1x Fire?

Matr1x Fire emerges from the innovative minds behind @Matr1xOfficial and @Matr1x_io, who have crafted a global Web3 entertainment platform. The Matr1x CEO is referenced as Saku. Jason Kam, the founder of Folius Ventures, has publicly praised Matr1x's potential to explore uncharted territories in the industry, indicating recognition from established venture capital figures.

The project has attracted backing associated with HashKey Capital, as indicated by the Hashkey Capital Portfolio tag on CoinMarketCap. Detailed public information about the full founding team and their backgrounds is currently limited. The project's development is driven by the Matr1x team, with a focus on building a comprehensive Web3 entertainment ecosystem anchored by the MATR1X FIRE mobile game.

How does Matr1x Fire work?

Matr1x Fire operates as a mobile FPS game built on the Polygon blockchain. The game is set in a futuristic, cyberpunk universe and emphasizes intense team battles, with a focus on competitive 5v5 tactical shooter gameplay. It features real recoil mechanics, a zero pay-to-win design philosophy, and a skin-trading economy. Players can engage in PVP multiplayer matches across diverse maps, utilizing a variety of weapon skins.

The blockchain layer records all transactions across a decentralized network, ensuring that no single entity controls the entire network. Each transaction is encrypted and linked to the previous one, creating a chain of blocks that is nearly impossible to alter without network consensus, which enhances security and transparency. The game integrates NFTs, allowing players to own and trade unique in-game assets with true digital ownership.

FIRE serves as the utility token within the game. Players can earn FIRE tokens as rewards for their achievements and use them for trading in-game assets, creating a dynamic and engaging economic environment. The game is free to play, with a "play and own" model that lets players participate without upfront cost while offering ownership opportunities through NFTs and token rewards.

What makes Matr1x Fire unique and valuable?

Matr1x Fire distinguishes itself through several key characteristics. It is positioned as the premier FPS experience in the Metaverse and the first mobile shooting game in that space, offering a hardcore tactical shooter experience on mobile devices. The game emphasizes fair competition with zero pay-to-win mechanics, real recoil, and a skill-driven approach, described as "Asia's most skill-driven 5v5 tactical shooter."

The project's integration of blockchain technology provides players with true ownership of digital assets through NFTs, enabling a skin-trading economy where unique in-game items can be owned and exchanged. The broader Matr1x platform aims to revolutionize digital entertainment by blending multi-episode games, NFT art, Esports, online literature, and community engagement into a seamless Web3 entertainment hub.

The project has demonstrated global reach, with operations across 11 regions, 22 events, and support from over 100 allies worldwide, with more than 10,000 people joining the journey. Strategic expansions into regions such as Indonesia, Myanmar, Cambodia, the Philippines, Thailand, India, and the CIS region, including availability on RuStore and pre-registration on Huawei AppGallery in Russia, highlight its growing international footprint.

What is Matr1x Fire used for?

FIRE serves as the utility token for MATR1X FIRE, functioning within the game's economic environment. Players can earn FIRE tokens as rewards for their in-game achievements and performance in matches. The token is used for trading in-game assets, allowing players to buy, sell, and exchange items within the ecosystem.

The token facilitates a skin-trading economy, where players can trade unique weapon skins and other NFT-based assets. FIRE enables players to participate in the game's dynamic economy, which is designed to be engaging and sustainable. The token's utility is tied directly to gameplay and asset ownership, creating a circular economy where player activity generates token rewards that can be reinvested into the game or traded.

Beyond individual player use, FIRE supports the broader Matr1x platform's entertainment ecosystem, which includes Esports, NFT art, and community engagement initiatives. Players can participate in exclusive events, win prizes, and access limited-edition merchandise through the platform.

How Is the Matr1x Fire ecosystem developing?

The Matr1x Fire ecosystem is expanding across multiple dimensions. Geographically, the game has become officially available on iOS and Google Play in Indonesia, Myanmar, and Cambodia, and on the App Store in Indonesia, Myanmar, Cambodia, the Philippines, Thailand, India, and more. The project has announced a full-scale expansion into Russia and the CIS region, making the game available on RuStore, Russia's top Android app marketplace, and opening pre-registration on Huawei AppGallery in Russia.

The game launched a global test server, inviting players worldwide to download and join the test, as detailed in the "MATR1X FIRE Global Test Server and Vanguard Trials Guide" on Medium. Community engagement remains a significant focus, with an active presence on Telegram and other social media platforms. The project reports 11 regions, 22 events, and over 100 allies across the globe, with more than 10,000 participants joining the journey.

Partnerships have also played a role in ecosystem growth, including a partnership announced with 9 CAT DIGITAL. The broader Matr1x platform continues to develop as a Web3 entertainment hub, combining blockchain games, AI integration for enhanced experiences, and E-sports competitive gaming. The project maintains active communication channels through X (Twitter), Facebook, YouTube, Medium, and Instagram.

How to mine Matr1x Fire?

Matr1x Fire does not use traditional mining. Instead, the project employs a "Mining in Game" allocation model, where players can earn FIRE tokens through gameplay achievements and participation. This play-to-earn mechanism rewards players for their in-game performance and engagement, creating an incentive structure tied directly to game activity.

The vesting structure for Mining in Game allocations uses linear vesting, meaning tokens are released in equal amounts over time. This approach is designed to reduce sudden supply shocks and promote a more stable token distribution over the long term. Players earn FIRE by participating in matches, completing objectives, and achieving milestones within the game.

The token sale conducted under the ticker MAX raised $20 million, with a total supply of 965.65 million MAX listed for the sale. The allocation model distributes tokens across team and investors, community and marketing, ecosystem and reserve, advisors, launchpad, Matr1x FIRE, and other games, supporting the broader ecosystem's development and sustainability.

How to keep your Matr1x Fire Coin safe?

Keeping FIRE tokens safe requires following standard cryptocurrency security practices. Since FIRE operates on the Polygon blockchain, storing tokens in a compatible wallet that supports Polygon-based assets is essential. Players should use official wallets and verify contract addresses before conducting any transactions, as the contract address is 0x838C...17E3C2.

Users should be cautious of phishing attempts and only interact with official Matr1x channels, including the official website at https://matr1x.io/ and verified social media accounts. Enabling two-factor authentication where available, using hardware wallets for significant holdings, and never sharing private keys or seed phrases are fundamental security measures. Regularly updating wallet software and being wary of unsolicited offers or links helps protect assets.

The project has a CertiK rating of 3.7, which provides some indication of security auditing. However, users should remain vigilant, as the cryptocurrency space carries inherent risks and the project's information on some platforms is self-reported. Conducting independent research and staying informed about project developments through official channels is recommended before engaging with the ecosystem.