The element of MATRX which was found to characteristics of a Financial Product under New Zealand law is that it appears that all token holders have equal rights to receive interest which is distributed weekly and amounts to 15% per annum, and a statement that participants in projects have “financial risks”.
The team of the coin Matrix declares that since June 26, 2018 the investment financial project "Matrix Invest" has been officially closed. In the future, Matrix will not support investment projects that bear "financial risks" for the coin community. Any aspects that are recognized by the Financial Markets Conduct Act 2013 as characteristics of the financial product will be removed from all Matrix project resources. Coins will be transferred to user accounts at msp-coin.com.Matrix Coin