MATIC (Matic Network) Introduction

1. Brief 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.

2. Detailed 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 strives to solve the scalability and usability issues while not compromising on decentralization and leveraging the existing developer community and ecosystem. Matic Network is an ​off/side chain scaling solution for existing platforms to provide scalability and superior user experience to DApps/user functionalities.

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3. Token Allocation

  • 1%  Partnerships
  • 9%  Marketing
  • 15%  Legal
  • 75%  Technical Development

4. Token Information and Release Schedule

  • Total Token Supply: 10,000,000,000
  • Circulating Supply: 4,812,024,448
  • Private Round Price: $0.01, $0.015
  • Public Round Price: $0.00263
  • Click here to check: Token Lock-up Plan and Release Plan

5. Related links

Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. Some of the content may be out of date, error or omission. Huobi does not take responsibility for any resulting direct or indirect losses.