Sep 6th 2017
9 months ago
Oct 13th 2017
7 months ago
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Matryx: A Decentralized Collaboration Platform
Matryx is a platform for decentralized collaboration. Matryx consists of a bounty system, a library of digital assets, and a marketplace. Problems are posted, along with a bounty for a verified solution. Users then collaborate to solve problems, share results, and earn rewards. Rewards are given to all relevant contributors, and all submissions are added to the Matryx library and marketplace for future purchase. This will create an ecosystem of public collaboration and ideas that will drive research and innovation.
Why A Token Sale
The ultimate goal of Matryx is to incentivize collaboration in fields of knowledge and creation like STEM. To reach that goal, Matryx need resources that support R&D demands and help create a community of participants and contributors. Token Sales have quickly become a proven means to achieve such growth for blockchain-based technologies like Matryx.
How Matryx Uses The Blockchain
Utilizing blockchain-based bounties, Matryx enables users to validate each participant's contribution to a solution and reward them with MTX tokens. Using a token enables us to leverage smart contract systems, upgrade over time, and gives us the flexibility to shape the platform to the needs of the users.
Benefits Of The Blockchain
Smart contracts reduce the friction of tracking and compensating contributors. Each round of a bounty competition, the winners are rewarded, and a new generation of children is created. All iterations are managed by the tournament contracts. The provenance of an idea or work can be easily tracked and can be rewarded fairly and publicly.