BioMatrix Surpasses 1 Million Users on the BioMatrix App, According to Chainwire

Newport Beach, United States, September 17th, 2024, Chainwire

UBI Project Achieves Unprecedented 50,000% Growth in Recent Months

BioMatrix, a pioneering project at the intersection of Web3 and AI technologies, has announced a major milestone by exceeding 1 million registered users on its app. BioMatrix’s Chief Technology Officer, Jack Wang, shared the news during his keynote address at the InnoBlock 2024 Web3 Innovation Festival, which was part of Token 2049 held in Singapore.

During his speech, Wang tackled the escalating concerns surrounding artificial intelligence (AI) and its potential effects on employment, particularly fears about job displacement. He underscored the significant role that Web3 technologies can play in mitigating these issues by establishing decentralized, user-owned platforms. According to Wang, such platforms could promote economic self-sufficiency through innovations like Universal Basic Income (UBI). By utilizing BioMatrix’s platform, individuals can access digital assets directly and explore new income opportunities, thereby ensuring financial inclusion in an increasingly AI-driven landscape.

Since its launch in April 2024, BioMatrix has seen a dramatic rise in demand for its digital UBI solutions amid global economic shifts. Central to this success is the innovative Proof of You (PoY) AI Tokens, touted as the world’s first free-for-life AI tokens. Users who register on the BioMatrix app are entitled to receive PoY AI Tokens each month for 60 years, guaranteeing them lifelong access to digital assets.

The PoY AI Tokens symbolize a new era of personalized artificial intelligence and blockchain technology. Currently accessible via mobile and desktop applications, the BioMatrix app offers users a chance to engage with an expanding ecosystem that includes interactive games and videos, and will soon allow for the exchange of PoY AI Tokens for various goods and services.

“Reaching 1 million users is a testament to our mission of ‘AI Tokens for All,’" stated Arthur Qin, Founder of BioMatrix. "We provide each user with free PoY AI Tokens for life, eliminating financial barriers and opening new paths for millions. Our AI-powered initiative guarantees security, accessibility, and efficiency, while we continue to create value for both current and future users through the widespread acceptance of PoY AI Tokens."

Key Highlights:

• Rapid Growth: Since its launch in April 2024, BioMatrix has quickly amassed over 1 million registered users, achieving growth of more than 50,000% in recent months.
• Free Distribution: PoY AI Tokens are available to users at no cost through the BioMatrix mobile and desktop app, ensuring accessibility for anyone with internet access.
• Lifelong UBI: Users are granted free PoY AI Tokens monthly for 60 years, providing a sustainable digital Universal Basic Income.
• Register Today: To enhance the likelihood of receiving a substantial number of PoY AI Tokens, users are encouraged to register now, as the PoY bonus decreases with each new registration.
• Global Reach: BioMatrix is dedicated to worldwide expansion, aiming to promote financial inclusion and equality for all.

About BioMatrix

BioMatrix is transforming the landscape of financial inclusion with its Proof of You (PoY) AI Tokens, empowering users with access to Universal Basic Income through secure, feeless digital asset transactions. By leveraging advanced biometric technology and blockchain, BioMatrix enables individuals to receive and trade personalized AI tokens, fostering long-term economic sustainability. With over 1 million users since its launch in April 2024, the project is a leader in innovation within the Web3 space, bridging the gap between traditional and decentralized finance.