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Matr1x Crypto Token Secure Million In Funding - Investment - Nairaland

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Matr1x Crypto Token Secure Million In Funding by CoinMegaTrend: 9:04pm On Jul 31
I have observed how crypto gaming projects easily secure funding for their projects. When exploring new projects, I often come across gaming tokens that attract strong backers and funding. I am curious about how this funding impacts the performance of the project's token in the market.

For example, I researched Matr1x, a project that recently received $10 million in funding from major investors like Folius Ventures and SevenX Fund to support the development of their first-person shooter mobile game, Matr1x Fire. The project is planning to launch its MAX token on August 5th, and exchanges like Bitget have already shown interest in listing it.

I am interested in understanding what attracts investors to a project - is it the large funding amount, the quality of the project itself, or the utility of the project. I would appreciate hearing your thoughts, especially on how funding influences the market performance of a token.

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