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MATRIX ICO Raises 13,227.5 ETHs for 50 Million Tokens

February 2018 by Marc Jacob

"We make smart contracts accessible to everybody," Steve Deng, Chief AI Scientist of MATRIX said in a BlockChain conference in Hong Kong on Jan 16, just one day before MATRIX announced ICO ended with a complete success of raising 13,227.5 ETHs.

Officially launched in 2016.09, the BlockChain startup is looking at market value of 360 millions of USD and aims at rank among the top 100 in global cryptocurrencies. Investors are obviously attracted and gaining confidence.
When Deng won the 1st prize in the world top AI competition Pascal and COCO together with his team, the Tsinghua professor might not expect that how artificial intelligence will shape the future of BlockChain as what he is doing now. His team focuses on deep learning based Bayesian algorithm and he has been PI for numerous national level research projects. Now he is in charge of designing machine learning algorithm for MATRIX.

With a fusion of BlockChain and AI Technology, MATRIX has built a revolutionary BlockChain 3.0 cryptocurrency solution that brings significantly boosted transaction speed, enables general users with natural language processing (NLP) technology, enhances security under intelligent contract, and utilizes mining activity with universal value.

"BitCoin mining consumes 17% of total global computing power, it is wasteful for mankind for hash calculation." The MATRIX team apparently keens to challenge the status quo. The team, including industry leading experts like Bill Li (Chief Network Architect), Ethan Tian (Chief R&D Engineer), Tim Shi (Chief Chip Scientist), are inventing a new Bayesian mining system that these mining activities will support medical diagnoses, complex finance modeling, behavior recognition and any other non-crypto cases which need massive computing power.

MATRIX ICO Facts:
• MATRIX ICO ended at 3:07:02, Jan 17 (UTC).
• A total of 13,227.5 ETHs are sold through 212 transactions.
• MATRIX-ICO Coin Investor: 3888 transactions
• MATRIX-ICO User Data: Registered User: 69543; Active User: 60924; KYC User: 22926


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