Matrix.One, based in Road Town, British Virgin Islands, has reported a major user milestone for its AI companion platform, Avatar.One.

Since its launch earlier this year, Avatar.One has surpassed 120,000 monthly active users, with individuals spending an average of three hours engaging with personalized 3D AI companions.

Users can create and interact with AI companions using the Solana blockchain, enhancing their characters' personalities and live voices. The platform aims to alleviate loneliness, a significant global issue highlighted by the WHO.

Matrix.One is preparing for a token generation event on platforms including Polkastarter and Seedify, prior to the $MATRIX token's listing on centralized exchanges. The token will enable network participation and offer governance rights.