Matryx aims to incentivize collaboration in fields of knowledge and creation like science, technology, engineering, and mathematics (STEM). Additionally, the Matryx team focuses on creating virtual reality software for scientific research and development. The software suite includes Calcflow, the industry-leading VR mathematics toolkit, and nano-one, a VR interface for nanoscale design and simulation.
Matryx is composed of a bounty system and a marketplace for digital assets to be bought, sold, and remixed into new assets. Bounties are placed on solutions to specific problems. Submissions to bounty tournaments enter the collection of assets and are available to other users. In this way collaborators are incentivized to build, distribute, and expand upon each other’s work in the pursuit of valuable goals. Matryx reduces friction of collaboration between strangers by providing a common framework and concrete goals.
Matryx provides a structure that reduces the friction of rewarding collaborators. Rather than attributing all the credit to one person or one group who proposes a solution that is built on other people’s work, Matryx tracks the provenance of assets, enables collaboration, and divides rewards amongst all participants. In this way Matryx can reward each unit of progress towards the goal. Solitary research and siloed collaboration are discouraged, while open collaboration in pursuit of a shared reward is incentivized.
How Collaboration Platform Working?
A standard platform for collaboration would enable low-friction creation, distribution, and attribution of works. Matryx is composed of a smart contract system and a supporting framework of traditional applications. The smart contract system provides a public ledger of open projects and their associated payments (“Bounties”) and proposed solutions (“Submissions”). This system of Bounties and Submissions is the core of the Matryx Platform.Submissions are made via an application appropriate to the work being performed. Initially the platform will target Nanome software, Calcflow and Nano-One, but a wide variety of applications may be used to develop a submission.
Matryx will create a common area for collaborators to share contributions and leave a digital fingerprint that verifiably proves their involvement. Individuals or organizations will be able to define their reward mechanisms for digital works, create their own licensing terms, and prove authenticity and ownership of works via a public ledger. Rewards will be distributed by contribution, which incentivizes broad collaborative creation and research, rather than siloed organizations or small teams.
- Bounties
To post a Bounty, a user creates a set of requirements and registers the requirements and the necessary additional data in a smart contract. Matryx-enabled applications allow creation and registration of Bounties and poll this registry of Bounties to display open challenges. The user must set Bounty rewards and escrow a number of tokens in the smart contract sufficient to pay those rewards
- Tournaments
Posting a Bounty begins a Tournament. A Tournament consists of one or more rounds of Submission collection and evaluation. Dividing Tournaments into rounds ensures that attribution is split across multiple contributing parties. The winner of each round is rewarded, whether or not they offer a complete solution. Winning Submissions are used as a base for the subsequent round, ensuring that new Submissions are channeled in a direction that Bounty-creator believes is desirable.
- Submissions
A submission c is a data structure that contains specific information about the contribution or group collaboration that has been signed and entered into the bounty smart contract. Different problems may require different formats for these data structures
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Matryx Timeline
Matryx Crowdfunding
to realize the team matrix project to do token sales conducted on the official website https://www.matryx.ai/
token name : Matryx
simbol : MTL
Blockchain : Ethereum
total supply : 314 159 265 MTL
ICO launch : 13 september 2017 ico close 12 oct. 2017
60% off total MTL to be sold.
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