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Home»Investment»OKX Ventures announces strategic investment in Matr1x
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OKX Ventures announces strategic investment in Matr1x

The Elite Times TeamBy The Elite Times TeamJanuary 9, 2024No Comments4 Mins Read
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Singapore, January 9, 2024 — OKX Ventures, the investment arm of leading Web3 technology company OKX, today announced a strategic investment in Matr1x, a next-generation Web3 entertainment platform that engages users through high-quality cyberpunk-themed esports games .

Matr1x, which has raised approximately $20 million from various venture capital firms, is developing Matr1x Fire, a first-person CS:GO-style shooter title, as well as a “battle royale” mode that allows players to collaborate. Defeat the enemies with your team and emerge victorious from the battle. Matr1x Fire integrates classic Web3 elements, including NFTs that unlock special experiences and privileges, and will be available on mobile and desktop. The game revolves around a multi-generational conflict between a data cartel and a decentralized resistance.

Madeira, co-founder of Matr1x, said: “Matr1x’s goal is to become the leading entertainment and cultural platform that advances industry values ​​such as data sovereignty, privacy protection, and decentralization. “We are very pleased to receive this strategic investment from OKX.” It is expected to be released by the end of the year.”

OKX Founder Dora Yue said: “We believe that the rapid growth in Web3 adoption will be driven by dApps containing high-quality games that seamlessly integrate playability and Web3’s unique features. The appeal is confirmed in the first NFT Drop Ranking: “It has become one of the top trending collections since its launch in December. We look forward to the launch of Matr1x Fire. We believe this will set the standard for gameplay and Web3 integration as we enter a new era.”

For more information, please contact us below. Media@okx.com

About OKX Ventures

OKX Ventures is the investment arm of OKX, the world’s leading cryptocurrency exchange and Web3 technology company, with an initial capital commitment of $100 million. Focusing on exploring the best blockchain projects globally, supporting cutting-edge blockchain innovations, promoting the healthy development of the global blockchain industry, and investing in long-term structural value. I am.

Through our commitment to supporting entrepreneurs who contribute to the advancement of the blockchain industry, OKX Ventures helps build innovative companies and brings global resources and historical experience to blockchain projects.

Learn more about OKX Ventures here.

This article may contain content about products that are not available in your region. This is provided for general information purposes only and we assume no liability for any factual errors or omissions contained herein. It represents the author’s personal views and does not represent the views of OKX. This is not intended to provide advice of any kind, including but not limited to: (i) investment advice or recommendations; (ii) offers or solicitations to buy, sell, or hold digital assets; or (iii) financial, accounting, legal, or tax advice. Holding digital assets, including stablecoins and NFTs, involves a high degree of risk, can be highly volatile, and may even be worthless. You should carefully consider whether trading or holding digital assets is suitable for you, taking into account your own financial situation. Please consult your legal/tax/investment professional with any questions regarding your specific situation. His OKX Web3 features, such as his OKX Web3 Wallet and his OKX NFT Marketplace, are subject to separate terms and conditions at www.okx.com.
© 2023 OKX. You may reproduce or distribute this article in its entirety, or use excerpts of 100 words or less, for non-commercial purposes. If you reproduce or distribute the article in its entirety, you must prominently note “This article is © 2023 OKX and used with permission.” Permitted excerpts must cite the article name and include the source. For example, “Article name, [author name if applicable]© 2023 OKX.” No derivative works or other uses of this article are permitted.

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