Matrix AI Network Price (MAN)

MATRIX AI Network is an ideal combination of AI and blockchain where the platform aims to let MAN tokens be utilized for rewards, payments, and virtual asset authentication.  

MATRIX embraces an essential hybrid PoS + PoW consensus mechanism. The PoW mechanism is executed in a smaller network of representatives chosen with a haphazardly distributed voting algorithm. The possibility of a node to be picked is proportional to the PoS. The "victor" delegate shares the PoW prize with other nodes present in its cluster.  

According to its website, Transaction validators, block-generating miners, and users in the MATRIX ecosystem get the privilege to acquire MAN tokens as an award. From leasing extra computing ability to purchasing AI services on the token's network, everything is settled in MAN. The method of converting computing ability, algorithmic prototypes, or AI artworks into virtual assets requires burning a specific quantity of MAN in the casting of NFTs. Coin burning is when cryptocurrency miners and creators terminate a specific quantity of coins from circulation to regulate its price. 

Further, AI is vital in shaping MATRIX as a smart blockchain as per its whitepaper. Moreover, MATRIX is also a unique product of blockchain technology's vast optimization and expansion. Another notable advantage of the token is that users of the smart contracts do not require learning how to perform coding with a programming language. The coin only needs a user to type in the intent of the contract, such as input, output, and transaction requirements, as a script. 

MATRIX is created to strengthen the safety of blockchain to an exceptional level. The security infrastructure of MATRIX includes four main components:

These unique aspects give valid reasons to users to choose MAN. 

Owen Tao is the CEO of MAN. Mr. Tao has a dual bachelor's degree in economics and physics from Peking University.

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The current market cap of Matrix AI Network is $7.14M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Matrix AI Network is $1.79. This all-time high is highest price paid for Matrix AI Network since it was launched.

Over the last 24 hours, the trading volume of Matrix AI Network is $228.63K.

Assets that have a similar market cap to Matrix AI Network include Pangolin, Rhino.fi DVF, Verified USD, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Matrix AI Network is 457 million.