Average rating : HIGH
Matic Network brings massive scale to Ethereum using DPoS side chains
|Crowd-sale:||TBA - ...||NOT STARTED|
|Ticker:||MTX||Available for token sale:|
|Token type:||Private-sale/pre-sale token price:||/|
|Accepts:||Private-sale/pre-sale bonus:||no info/ no info|
|Prototype:||YES||Pre-sale min/max personal cap:|
|Team:||Crowd-sale token price:|
|Team residence:||Crowd-sale min/max personal cap:|
|Company residence:||Cant participate:|
Use Case: Instant blockchain by plasma side chain
Remarks: Received token metrics detailssee more
The main reason this ICO is so attractive to this many people is because they managed to launch a working MVP for a sidechain scalability solution.
The ability to scale existing Blockchain via sidechains is a huge idea and will play a big role in 2019. Several ICOs like Radon Network and others have been working on this for over a year and have not presented as much as the Matic Network ICO.
That said in general the team is lacking in experience in Blockchain development as a lot of the team members are only experienced in web development.
ICOs with a working product tend to do quite well, but in the current market conditions it is very difficult for any ICO to make a profit Post ICO. Token metrics become more important than anything else. We need full transperency in regards to Private Sale investor bonus rounds, seed round prices and lockup and post exchange plans.
Currently we are Neutral on the Matic ICO, this is not financial advise always find several different opinions and form your own one as well. Always do your own due dilligance.see more