Matrak Fan Token Markets Exchange Data

Compare live prices of Matrak Fan Token on top exchanges.

About Matrak Fan Token (MTRK) Cryptocurrency

aming industry has warmly welcomed blockchain technology. Successful ventures have alsocreated virtual economies that provide “play-to-earn” incentives to gamers like Axie Infinity. As an industry which has thrived to monetize screen-time spent by participants, manymethods have been tried by start-ups and established firms. These include licensed software or“as-a-service” subscription models, merchandise including in-game item sales, branding basedadvertising revenue during in-game entertainment, price competitions, all of which intersectsomewhat with a financial model. As much as blockchain technology has disrupted the financialservices industry, gaming is most likely the second major one with both fungible and nonfungible tokenization methods being experimented by a growing ecosystem of gaming industrystart-ups.Matrak is a gamification platform that extracts economic value out of DeFi and distributespassive yield to gamers based on their performance. Trading of financial assets is a real-sectoreconomic activity for stocks, bonds, commodities and derivatives. In the case of cryptocurrenciesand utility tokens, this has given birth to the crypto-currency exchange industry. Crypto assetexchanges generate economic “value-added” from trading commissions, listing fees, withdrawalfees and other charges. Decentralized Exchanges (DEX) like UniSwap [5],[6] have extended thesharing economy to liquidity providers through which a passive yield from trade commissions aredistributed. Matrak taps on this passive yield as an over-the-top (OTT) service built on existingDeFi platforms like UniSwap and rewards gamers with real cash-based returns.

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