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Matic Network (MTX)

Matic Network

Blockchain Infrastructure


Matic Network provides scalable and instant Ethereum transactions using side chains. Matic Network uses an adapted version of plasma philosophy to transfer tokens instantly.


The Matic chain uses the EVM on the mainchain with Geth node. The configuration on the geth nodes is setup with 0 gas.

Matic smart contract will allow users to pay with any crypto token they prefer and receiver will receive payment in assets they prefer. Matic will handle conversation through atomic swap between cross-chain crypto assets.

Matic ecosystem will have the following actors:

  • End Users
  • The Dapp developers: Developers will be the businesses who would be using Matic to scale their applications and provide a better UI/UX to their end users
  • Stakers: The stakers will play a very important role in the Matic Network.
  • Delegates: These are block producers chosen by Stakers who enable faster blockchain generation times.


Token Sale
IEO start date 24 Apr 2019
IEO end date 26 Apr 2019
IEO token supply 1,900,000,000
Hard cap size 5,000,000 USD (fiat)
Raised 5,000,000 USD
IEO Platform
Launchpad Binance
Token details
Ticker MTX
Type Utility-token
Additional Token Emission No


Type of ratings
Hype score
Risk score

Funding Rounds

Rating Review and Analytics

Investment rating Info NA
Hype score Info Medium
Risk score Info Medium
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Matic Network IEO Contacts
More on IEO


1.93% 24H
return 6.38x
Start IEO 24 Apr 2019
End IEO 26 Apr 2019
Token MTX
Price 1 MTX = 0.0026 USD
Launchpad Binance
Whitelist Yes
Whitepaper View
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