CryptoPotato score


MATIC Network

Scalable and instant blockchain transactions; Matic Network brings massive scale to Ethereum using an adapted version of Plasma with PoS based side chains. Matic Network ("Matic" or "the Project") is a layer-2 scaling platform that enables fast, easy and secure off-chain transactions for not only payment transactions, but also generalized off-chain smart contract.
Matic Network strives to solve the scalability and usability issues, while not compromising on decentralization and leveraging the existing developer community and ecosystem. It is an ​off/side chain scaling solution for existing platforms to provide scalability and superior user experience to DApps/user functionalities. The Matic Network solves this problem by using a high throughput blockchain with consensus provided by a selected set of Block Producers, chosen for every checkpoint by a set of Stakers.
Token will be used for the payments, transactions and for utility purposes across the platform.

Matic Review and Rating




Stage of The Project


Project Potential




Token Sale Terms


White Paper







  • Market penetration: Solid partnerships with multiple organizations in the blockchain space. Some of the partnerships, specially Decentraland, and Quarkchain can have a significant effect in terms of mass adoption.
  • Binance Launchpad sale: The Matic Network sale will be conducted on the top of the Binance Launchpad; this has already proven itself to be a significant advantage with the latest token sales of Celer Network, Fetch.AI, and BitTorrent.
  • Use-case: Matic’s Layer 2 scaling solution not only supports payments but smart contracts too. This along with Matic’s compatibility with other blockchain systems has a great potential for the project’s use-cases.


  • Competition: Multiple off-chain scaling solutions are present in the crypto space, including the Lightning Network.
  • Team and Advisory Board: Even though the CEO of the project has the right experience and skills (he is a Core contributor to Plasma MVP implementation) most of the team doesn't have blockchain background and abilities. Regarding the advisors, we don’t see any real technical advisors who can have a significant contribution to the project.

IEO Ended

26 Apr 2019

Total raised
$5,000,000 / $5,000,000

Token: MTX

Token type: ERC-20

ICO price: 1 MTX: $0.00263 USD

Finite token number: 10,000,000,000 MTX

Token Allocation: Private Sale: 3.80%, Launchpad sale: 19%, Team: 16%, Advisors: 4%, Network Operations: 12%, Foundation: 21.86%, Ecosystem: 23.33%

Status: Whitepaper is ready.

Accepted currencies:: ETH

Max Number of Winning Lottery Tickets : 16,666

Allocation Per Winning Ticket : 300 USD (114,068.44 MTX)

Seed round
50% unlocked in the first month of TGE, remaining 50% unlocked in the seventh month

Cap: $165,000 USD
1 MTX = $0.00079 USD
Amount raised: $165,000 USD

Early Supporters sale
50% unlocked in the first month of TGE, remaining 50% unlocked in the seventh month

Cap: $450,000 USD
1 MTX = $0.00263 USD
Amount raised: $450,000 USD

Public sale (Binance Launchpad)

Date: Apr 24 - Apr 26
Launchpad Allocation: 1,900,000,000 MATIC (19% of Total Token Supply)
Cap: $5,000,000 USD
1 MTX = $0.00263 USD
Token Distribution: Within 15 days after end of token sale

Team Members

Matic Team

Jaynti Kanani

Co-founder & CEO

Matic Team

Sandeep Nailwal

Co-founder & COO

Matic Team

Anurag Arjun

Co-founder & CPO

Matic Team

Siddhartha Jain

VP - Operations & Marketing

Matic Team

Delroy Bosco

Project Manager

Matic Team

Nirbhik Jangid

Growth Hacker & Community Manager

Advisory board

Matic Team
Founder & CTO at Decentraland

Esteban Ordano


Matic Team

Pete Kim


Matic Team

Ari Meilich



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