MATIC

MATICMATIC

Matic Network
$0.023490
-5.89%
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  • Market Cap
    $72,819,000
  • 24h Vol (Global)
    ฿15,307 ($121,706,791)
  • Circulating Supply
    3,100,000,000
  • Issue Date
    2019-04-25
  • Issue Price
    $0.002630
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Max SupplyCirculating SupplyIssue DateIssue PriceConsensus ProtocolExplorer
10,000,000,0003,100,000,0002019-04-25$0.002630Plasma, PoS1
etherscan.io
Total SupplyCryptographic AlgorithmSource CodeWhite PaperWebsiteType
10,000,000,000-https://github.com/maticnetworhttps://matic.network/TOKEN

Matic Network is a Layer 2 scaling solution that achieves scale by utilizing sidechains for off-chain computation, while ensuring asset security using the Plasma framework and a decentralized network of Proof-of-Stake (PoS) validators. Matic aims to be the de-facto platform on which developers will deploy and run decentralized applications in a secure and decentralized manner. Matic Network has been a significant contributor to the Ethereum ecosystem having worked on implementations of Plasma MVP (Minimum Viable Plasma), WalletConnect protocol and the popular Ethereum event notification engine - Dagger. Matic intends to provide Matic wallet, payment APIs and SDKs, products and other enabling solutions that will allow developers to design, implement and migrate DApps built on base platforms like Ethereum. Matic plans to support other blockchains in the future which will enable it to provide interoperability features alongside offering scalability to existing public blockchains. Key things Matic wants to do: - Solve scalability by providing Layer 2 solutions - Application platform for DApp developers on Matic (Like Stripe for DApps/payments) - Provide assets interoperability for DEXs like 0xprotocol and other DApps - Better UX/UI for mass adoption while having better security and scalability

Teams
    Jaynti Kanani

    Jaynti Kanani

    Co-founder & CEO

    Core contributor for the first Plasma MVP implementation. Wrote the first Node implementation of the original Walletconnect protocol. Contributed to Web3 and developer ecosystem tools like sol-trace. Previously Data Scientist with Housing.com

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    Sandeep Nailwal

    Sandeep Nailwal

    Co-founder & COO

    Ex-CTO (E-commerce) of Welspun Group. Previously ran a Blockchain service & product firm working with various clients to design and implement their Decentralized app architectures. An ex-Deloitte Technology consultant and comes from a top B-School in India.

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    Anurag Arjun

    Anurag Arjun

    Co-founder & CPO

    Previously AVP (Product Management) with IRIS Business, a leader in software products for Regulatory bodies across the globe. He is also a serial entrepreneur and has had an exit with his previous firm named Dexter Consultancy. Previous at Cognizant Technologies and SNL Financial.

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    Siddharth Jain

    Siddharth Jain

    VP - Operations & Marketing

    Previously Project Manager @ EXL and Data Analyst @ Mu-Sigma.

    Delroy Bosco

    Delroy Bosco

    Project Manager

    Previously Scrum Master, Business Analyst roles @ IRIS Business.

    Nirbhik Jangid

    Nirbhik Jangid

    Community Manager

    Finalist in Google OMC (Ad Grants Challenge) 2016. Previously Management Trainee @ Pineapple Consulting.

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    Bhavir Shah

    Bhavir Shah

    Head, Engineering

    Previously Software Lead @ PaySense and Senior SDE @ Housing.com. Javascript & React Native afficionado. Webpack Editor.

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    Vaibhav Chellani

    Vaibhav Chellani

    Blockchain Engineer

    Google Summer of Code 2018. Previously Blockchain Protocol Developer @ KaraChain

    Ashish Rajpurohit

    Ashish Rajpurohit

    Blockchain Engineer

    Previously Software Engineer @ Melvault.

    Arpit Agarwal

    Arpit Agarwal

    Blockchain Engineer

    Previously Software Engineer at Google and Semantics3. IIT-Jodhpur alumnus. Winner at ETH-India and ETH-SF hackathons. MakerDAO prize winner at ETH-Singapore.

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    Sayli Patil

    Sayli Patil

    Application Engineer

    Girl Power @ Matic Network, Govt. of India Hackathon 2018 finalist.

    Vishal Gupta

    Vishal Gupta

    DevOps Engineer

    DevOps ninja. Previously at MediaIsYou and Mahindra Rise.

VC

    Coinbase Ventures - The venture arm of Coinbase

    Coinbase is one of the best and most trusted exchange platform for crypto in the world. We are proud to have Coinbase Ventures supporting us in our journey!

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ICO
ICO Date
ICO Raised Date2019-04-24
ICO end date2019-04-24
ICO Supply Amount
ICO Token/Coin Supply1900000000 MATIC
Hardcap5000000 USDT
Softcap- USDT
Supply Change
Total Supply Change Before ICO10000000000 MATIC
Total Supply Change After ICO10000000000 MATIC
ICO Amount
ICO price0.00263 USDT
Actual Fundraising5000000 USDT
AcceptingBNB
Introduction

Matic Network is a Layer 2 scaling solution that achieves scale by utilizing sidechains for off-chain computation, while ensuring asset security using the Plasma framework and a decentralized network of Proof-of-Stake (PoS) validators. Matic aims to be the de-facto platform on which developers will deploy and run decentralized applications in a secure and decentralized manner. Matic Network has been a significant contributor to the Ethereum ecosystem having worked on implementations of Plasma MVP (Minimum Viable Plasma), WalletConnect protocol and the popular Ethereum event notification engine - Dagger. Matic intends to provide Matic wallet, payment APIs and SDKs, products and other enabling solutions that will allow developers to design, implement and migrate DApps built on base platforms like Ethereum. Matic plans to support other blockchains in the future which will enable it to provide interoperability features alongside offering scalability to existing public blockchains. Key things Matic wants to do: - Solve scalability by providing Layer 2 solutions - Application platform for DApp developers on Matic (Like Stripe for DApps/payments) - Provide assets interoperability for DEXs like 0xprotocol and other DApps - Better UX/UI for mass adoption while having better security and scalability

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