This article explains the treasure chest system and operation mechanism of the MATR1X ecosystem in detail
Preface
This article will introduce the treasure chest system of the MATR1X ecosystem and its operating mechanism, its characteristics, design concepts and its importance to the MATR1X ecosystem, so that the community can have an in-depth understanding of the MATR1X treasure chest system, including the strategic significance of the treasure chest, how to obtain the treasure chest, the consumption of opening the treasure chest, the treasure chest rewards, the output mechanism of the treasure chest, etc.
1/Why is the MATR1X treasure chest mechanism important?
2/Application of MATR1X treasure chest mechanism: game ecology
3/Application of MATR1X treasure chest mechanism: KUKU treasure chest
4/Thoughts behind the design of the treasure chest system
1. Why is the MATR1X treasure chest mechanism important?
Before introducing the treasure chest mechanism, we would like to briefly introduce the new asset issuance path of MATR1X. In the entire MATR1X ecosystem, the issuance of most assets follows the following logic and path, but will also change accordingly based on the differences in assets and the complexity of activities.
1. Mining Machine
That is, the certificate for obtaining new assets. In the MATR1X ecosystem, characters, NFTs, accounts, white orders and other assets may all be mining machines.
2. Mining
The essence is proof of work. In most GameFi in the past, playing games was the main mining behavior. After the introduction of the DeFi mechanism, there are more mining behaviors such as staking, lending, and trading. The MATR1X ecosystem has introduced more mining behaviors, such as playing games, watching games, guessing scores, staking NFTs, opening treasure chests, depositing assets, and consuming assets.
3. Mine
That is, income. In the GameFi 1.0 era, mines are tokens. In the MATR1X ecosystem, we hope to make integrated innovations in the output of mines and introduce the concept of random treasure chests and blind boxes to dynamically balance the output of the system. This is the origin of the "treasure chest mechanism".
The Importance of Treasure Chest Mechanics
After the introduction of the treasure box mechanism, users who hold mining machines for mining will receive two kinds of benefits:
1) Direct benefits, such as $FIRE or $MAX.
2) Random treasure chest income, consume $FIRE + a small amount of stablecoin to open, and randomly obtain high-quality weapon NFTs.
The choice and game process of different players on these two kinds of benefits is the system's balancing process. Below we use MATR1X FIRE to explain the treasure chest mechanism in detail.
Players hold mining machines to participate in game mining. The direct income produced by MATR1X FIRE is $FIRE tokens, and they can also get treasure chests.
It should be emphasized that unlike most Gamefi games, $FIRE is not infinitely produced. Its total supply is capped at 1,000,000,000.
$FIRE Links: Bybit ; Bitget ; Bingx ; Kucoin ;
Its complete economic cycle is as follows:
1) As the number of people holding mining machines increases, the output of $FIRE gradually increases. At the same time, as the number of unpacking boxes increases, the consumption of $FIRE also increases.
2) When the number of users reaches a certain level and the output of $FIRE reaches the total upper limit, no more $FIRE will be produced.
3) As the unpacking continues, the consumption of $FIRE continues, and the output will continue to start
4) Mining output, unpacking consumption, and so on. $FIRE is like a reservoir, and in the future we will work with the community to adjust the pool size and flow rate.
Seeing this, the importance of the MATR1X treasure box opening mechanism is self-evident. The treasure box blind box mechanism essentially provides a random channel for asset acquisition and an asynchronous gaming space. In the gaming process, the overall asset price is balanced. The limited and out-of-print mechanism of the treasure box blind box also gives users different choices.
2. MATR1X Treasure Box Mechanism Application: Game Ecology
In the MATR1X game ecosystem, the treasure chest mechanism plays an important role in the three games MATR1X FIRE, MATR1X Battle, and Castile. The following is the specific path and gameplay for producing treasure chests in the MATR1X FIRE game.
1) Treasure chest output: Hold a MATR1X FIRE character to earn gold, and a treasure chest will drop. The output is fixed every season, and it will be out of print after 3-4 months.
2) Treasure box consumption: $FIRE + a small amount of stablecoin
3) Treasure box income 1: Get NFT assets in the game, which are out of print and limited. Please refer to the skin system in CSGO
4) Treasure Chest Benefit 2: Get MAX points, and after the season ends, get MAX token airdrops
5) Treasure Chest Benefit 3: Get top-level skins and get extra MAX token airdrops
6) Asset synthesis: low-level skin assets* 10, can be synthesized into higher-level skin assets
7) Skin level: divided into regular version and special version (for example, it will only drop during events or activities)
In summary, in the MATR1X game ecosystem, the treasure chest system has the following features:
Randomness. When you open a treasure chest, common NFTs and rare NFTs are randomly generated.
Rare NFTs. The treasure chest contains extremely rare and valuable cosmetic NFTs, such as special weapon skins, knives, gloves, etc.
There are many types. Season treasure chests, souvenir treasure chests, player creative workshop treasure chests... Each treasure chest contains weapon skins and accessories NFTs of a specific series or theme.
Low threshold. The threshold for user participation is extremely low. Users can obtain treasure chests by playing games, watching competitions, etc., and obtain rare and precious accessories NFTs at a very low cost.
3. Application of MATR1X Treasure Box Mechanism: KUKU Treasure Box
In addition to obtaining treasure chests by playing games and mining, you can also obtain treasure chests by staking NFTs, watching e-sports competitions, guessing scores, etc., which also follow the above unpacking logic and path. Let’s take the KUKU treasure chest produced by staking MATR1X KUKU NFT as an example.
In 2023, MATR1X issued the third group of NFT assets, MATR1X KUKU, which is a platform-level asset and can continuously obtain airdrops from the MATR1X platform. The first airdrop is the KUKU treasure chest produced by staking NFT.
KUKU Treasure Chest Gameplay and Path
1) Pledge KUKU NFT to accumulate loyalty and get KUKU treasure chests. The higher the loyalty, the more treasure chests you get.
2) KUKU treasure box opened: $FIRE + a small amount of stablecoin
3) KUKU treasure box income 1: top souvenir NFT assets, out of print and limited edition
4) KUKU Treasure Box Benefit 2: Get the earliest MAX token rewards. The higher the value of the NFT opened, the higher the bonus coefficient of the MAX tokens obtained.
5) Asset synthesis: low-level skin assets* 10, synthesize higher-level skin assets
Main features of KUKU Treasure Box
1) The first souvenir treasure chest in the MATR1X ecosystem, which can open top-level souvenir NFTs.
2) Limited edition, total amount is about 500K
3) It is estimated that 30-40 million MAX tokens will be put into the KUKU unboxing system
Pledge to get KUKU treasure box
https://matr1x.io/stake/stakeEvent?eventName=kuku&eventType=reward
MATR1X KUKU Trading: Opensea | Blur
KUKU Treasure Box Trading: Element | Magic Eden | OKX NFT
4. Thoughts behind the design of the treasure chest system
We believe that P2O (Play To Own) + treasure chest mechanism is an innovative economic model that integrates Web2 + Web3, and has great hope of breaking the death spiral of Gamefi.
1) Mechanisms similar to opening treasure chests have appeared outside of games for a long time, such as drawing baseball cards or gashapon machines, and they have remained popular for a long time.
2) The treasure chest mechanism is applied to the game economic system and has withstood the test of time and the market, such as the weapon chests in CSGO and the loot boxes in Overwatch. In CSGO's prosperous treasure chest system, the annual transaction volume of its accessories reaches tens of billions of dollars.
3) The treasure chest system increases the diversity of gameplay in the MATR1X ecosystem, giving players more gaming options and enhancing the system’s anti-fragility. In the past, Gamefi only had one option: earning gold and getting tokens. As the number of new players reached a critical point, the output of tokens increased, but when there were no new players entering the market to consume tokens, the system inevitably entered a death spiral.
4) The treasure chest system is based on the theme of seasons or competitions. The game content is constantly updated, and new treasure chests are constantly added. The token consumption scenario (unboxing) will always exist, and the entire economic system will enter a virtuous circle. Users will also have more gaming options and can choose to earn tokens, invest in treasure chests, open treasure chests, or invest in accessories NFTs.
