OKX Ventures, the investment division of cryptocurrency exchange OKX, has pledged $100 million to support Matr1x, a leading Web3 entertainment company. Matr1x specializes in developing cyberpunk-themed esports games and is considered an innovative player in the Web3 gaming space. The investment is part of a broader $20 million funding round from venture capital firms to back Matr1x’s ambitious projects. Matr1x is currently building its flagship game Matr1x Fire, a first-person shooter with battle royale mode that encourages player collaboration.
Matr1x Fire will integrate non-fungible tokens (NFTs) to give players unique experiences and benefits, bringing a popular Web3 feature into the gameplay. The NFT">NFTs will contribute to an immersive, decentralized storyline about a resistance force fighting data cartels, adding depth and intrigue. With a focus on mobile and desktop access, Matr1x Fire aims to draw in gamers with its fusion of a
compelling narrative built around the conflict between data cartels and a decentralized resistance, and exciting battle royale action. Matr1x co-founder Madeira expressed excitement about the project and the company’s ambition to evolve into a leading entertainment and cultural Web3 platform.
The OKX Ventures investment will mainly support further development of the Matr1x Fire battle royale mode. As an investment firm seeking to advance blockchain technology globally, OKX Ventures sees strong potential in Matr1x’s goal of promoting data sovereignty, privacy protection, and decentralization through innovative entertainment. Its $100 million commitment aims to help Matr1x realize its vision.
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