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About Matrix AI Network

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 validatorsblock-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 NFTsCoin 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.

Market

Portugal Market Stats

Market cap

€13.7M

Volume (24h)

€277,383.54

Circulating supply

442.9M MAN

All time high

€1.67

Portugal Market performance

Price change (1h)

-0.53%

Price change (1d)

+2.69%

Price change (1w)

-2.13%

Price change (2w)

+4.23%

Price change (1m)

-21.62%

Price change (1y)

+36.99%

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Matrix AI Network is on the decline this week.

The price of Matrix AI Network has decreased by 0.53% in the last hour and increased by 2.69% in the past 24 hours. Matrix AI Network’s price has also fallen by 2.13% in the past week. The current price is €0.0309 per MAN with a 24-hour trading volume of €277.38K. Currently, Matrix AI Network is valued at 98.14% below its all time high of €1.67. This all-time high was the highest price paid for Matrix AI Network since its launch.

The current circulating supply of Matrix AI Network is 442,872,476.554 MAN which means that Matrix AI Network has as total market cap of 442,872,476.554.

FAQ

What is the current price of Matrix AI Network?

We update our Matrix AI Network to EUR currency in real-time. Get the live price of Matrix AI Network on Coinbase.

What is the market cap of Matrix AI Network?

The current market cap of Matrix AI Network is €13.69M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Matrix AI Network?

The all-time high of Matrix AI Network is €1.67. This all-time high is highest price paid for Matrix AI Network since it was launched.

What is the 24 hour trading volume of Matrix AI Network?

Over the last 24 hours, the trading volume of Matrix AI Network is €277.38K.

How many Matrix AI Network are there?

The current circulating supply of Matrix AI Network is 443 million.

Can I buy Matrix AI Network on Coinbase?

Yes, Matrix AI Network is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Matrix AI Network guide.