Matrix AI Network, Is it time to “Man Up?”

The short answer is yes, yes it is.

I don’t shill coins, especially not on Steemit (you can check out my interview with founders of Mybit here:https://impakter.com/mybit-future-investment-bits-pieces/). In fact, as you can see from my other blog posts most of writing has been on future market trends and how you should position yourself to profit from disruptive techs (some political analysis too, but that’s another matter).

However, if you want a portfolio that will allow you to take advantage of China’s adoption of Blockchain, and the growth that will be yielded by the One Belt Road initiative, you need to buy some Matrix AI Network. It is now unlikely that you will be able to add it to your portfolio for under 1$ USD but if you get your shit together and buy it before the end of April you will be able to get it for under $1.3 USD.

Here are three reasons why Matrix AI Network is my most prized “bag”:

Reason 1: Smart Contracts Supported in Natural Language

Arguably, Blockchain’s greatest potential for disruption lies in the creation of smart contracts. Autonomous, guaranteed, and trustless, operating under these relations will only become more important and necessary as the digital economy grows and we become more dependent on peer to peer transactions with strangers down the street and across the globe. Renting out a room, organizing someone to design your website, or even executing someone’s estate, these are transactions that in the future will be executed without platforms, without middlemen but through peer to peer relations made inviolable through smart contracts.
Right now through, to execute a smart contract you need to be able to code, so really, its not like you and your neighbour could just set up a smart contract to sell surplus energy to one another. If you wanted to do that you’d need to find someone who could set that up for you or join a blockchain network that was designed to support that specific exact type of transaction.

Here is where Matrix AI Network changes the game. Imagine, being able to design and execute your own unique smart contract in natural language. That’s right, just type in what you want, how you want it and Matrix AI Network will design and execute that smart contract for you. If you want a historical comparison of what this means to blockchain, this is like taking computing from DOS to Windows. Previously, computers required the user to know formal commands and codes to get programs to run, with the advent of windows, anyone could install and run a program with the click of a mouse; arguably, the transition helped computers hit mass adoption; Matrix AI Network could do the same for Blockchain.

Number 2: The One Belt Road Initiative.

Have you heard of it? Well, it’s China’s silk road reinvented for the 21st-century. The aim of this $900 billion project is to connect China to Eurasian countries to help support further export of goods, movement of labour, and, of course, extraction of resources. The road is intended to be the most encompassing investment in modern infrastructure the world has ever, sort of like what the Suez Canal did for British trade but on steroids. The movement of goods, production of energy, and logistics of this road is ripe for Blockchain solutions and guess who has the sole contract as the BC provider? Yeah, Matrix AI Network.

Number 3: Scaling and Transaction Speed

Right now, Visa can run 24,000 transactions per a second, XRP comes in a distant second with 1,500. This is a major issue in blockchain adoption and its capacity to become the guarantor of modern transactions. Matrix AI Network has confirmed 50,000 transactions per a second in its first generation network. The company’s aim is to eventually support a million. Yes, a million transactions per a second. This is not only ambitious but it is a realistic expectation of the volume of transactions a blockchain network is going to need to handle to be a global provider of smart contracts. What’s best, is the company aims to do this by using an algorithm to randomly select network nodes for transaction verification. Random selection means fewer nodes are needed to verify a transaction without compromising the networks capacity to be decentralized.

The company’s ambitions are matched by good fundamentals. It has a market cap of 156 million, so lots of room for growth. Its circulating supply is also decent at 150 million. The company has yet to hit major exchanges and has announced that MAN will be listed on 2 prominent English exchanges and 1 Japanese exchange by the end of April.

If MAN were to eventually achieve Ethereum’s market cap (as of writing 58 billion), which is within the realm of possible given its functionality, its potential for greater market penetration if it achieves the capacity to create SC in natural language, and the potential for the cryptomarket to tip a 1 trillion global market cap, its value would be $392 per a coin.

Some details:
January 2018
range $.33-$1.30
Market Cap: $156 Million
Circulating Supply: $150 million.
Key support $.68
Resistance sites, $.80, and $1.30

(I have a bag of MAN, this not financial advice. DYOR.