Cryptocurrency or crypto is a digital or virtual currency that uses cryptography for security. The first cryptocurrency to capture the public attention was Bitcoin, which was launched in 2009 by an individual or group known under the pseudonym Satoshi Nakamoto.
What is Matic Network (MATIC)?
Maticis the short form of Matic Network cryptocurrency. Matic provides secure, scalable and instant transactions verified by Ethereum. Matic bringing massive scale to Ethereum and decentralize applications using an adapted version of plasma with POS (Proof of stake) based side chains. Matic is the best cryptocurrency to invest in 2020.
What is Matic Network- A brief overview
Matic cryptocurrency IEO (Initial Exchange Offering) launched on Binance between 24 April to 26 April 201. Matic coin ico price was around $0.0026 and team sold 1.9 billion matic coins out of 10 billion in the IEO. The hard cap achieved was around 5 million USD.
Matic cryptocurrency IEO launched on Binance Launchpad and Binance is the world’s largest cryptocurrency exchange by now. Matic Binance has made strong collaboration in the past.
Coinbase Ventures are matic coin seed round investor and Coinbase is the most trusted exchanges platforms in the cryptocurrency market. Therefore there is a strong collaboration between matic network Coinbase.
Coinbase Matic or Matic on Coinbase? Coinbase is the most trusted exchange in the world and they add cryptocurrencies to their platform after exploring broadly. Coinbase ventures invested in matic network and therefore it is inevitable that they will add matic coin to their platform sooner or later.
To get latest matic news you have to follow their twitter handle @maticnetwork and @sandeepnailwal.
Current matic cryptocurrency price is around $0.0155 or 0.00000182 btc. Track matic coin price on Coingecko for more details.
To get matic news on reddit join matic coin reddit community on reddit @r/maticnetwork.
Coinmarketcap is a place where you can track almost 5,000+ cryptocurrency details and matic is also available on coinmarketcap. Matic coinmarketcap is around 40 million as of now.
Matic Key Features/Partnerships
What is Matic Network- Partnership details
Dapps (Decentralized apps) are increasing in number and making great impact on users but dapps are not scalable as per users demand. Also, Blockchain ecosystem is facing slow block confirmations and high gas fess and this needs to be solved before mass adoption takes place. Matic Network is solving this issue by interacting between decentralized world and users.
Coinbase Ventures are matic coin seed round investor and Coinbase is the most trusted exchanges platforms in the cryptocurrency market.
Matic cryptocurrency IEO launched on Binance Launchpad and Binance is the world’s largest cryptocurrency exchange by now. Also, Matic Network has made solid relationship with Binance to accelerate the decentralize movement.
Matic has provided $500k for Dev support for the radical ideas on Eth/Matic.
Matic cryptocurrency has forms strategic partnership with ANKR Blockchain.
Decentraland is a platform which is taking part to lead decentralized gaming and allowing users to monetize content and applications. Matic coin has made a solid partnership with this platform. Decentraland will use matic’s infrastructure and scale their in-game transactions to lightning fast speeds to give users superb UX.
Matic Network is working closely with Harmony (ONE) blockchain and has added low latency, low fee Layer 1 platform Harmony (ONE) into matic’s ecosystem. This will provide Harmony the power of Layer 2 to increase its performance even greater.
Incento (which is a peer to peer payments application of decentralized mechanisms and transporting scalability, utility, user and business friendly features together) is running on Matic Network.
BetProtocol is using matic ecosystem to make scalable betting application possible for better user experience. Using BetProtocol developers can create their own betting platform in minutes. BetProtocol launched its native token (BEPRO) sale using Matic Network.
SpringRole, Koinfox, Bionomy and Zawadi platforms are also using matic’s ecosystem.
Matic team consist of full 10+ developers and they are working consistently to deliver the infrastructure of the Web 3.00 movement.
Matic coin wallet was introduced in April 2019. Matic wallet is user friendly and it provides support for Plasma chains.
Testnet was launched in Jun 2019, Alpha Mainnet was launched on 29th June 2019.
Beta Mainnet officially launched in September 2019.
DeFi wallet Frontierwallet is officially providing matic staking.
Digital merchandise platform Showcase has been added to matic ecosystem.
Matic Network is the lead sponsor of first-ever ETHIndia Online.
Terminal world’s leading dapp monitoring platform has integrated with Matic.
Matic is in collaboration with Incognito Chain. Matic x Incognito=Speed x Privacy for Ethereum. With this partnership matic token holders will be able to send, receive and store their matic tokens with 100% confidentiality.
Is matic coin worth investing?
Matic Network is supported by two giants in cryptocurrency world Coinbase and Binance.
Coinbase is the most trusted exchanges platforms in the cryptocurrency market. Therefore, most people are searching for Coinbase matic and Matic Network Coinbase on google.
Binance is the world’s largest cryptocurrency exchange by now.
This is enough for the investors to invest in matic network. This is no brainier that these two giants supporting matic. Coinbase matic and matic Binance collaborations make this project unique and worth investing.
Matic coin price prediction:
What is Matic Network- Price Overview
Matic coin price: $0.0038 or 0.00000059 btc (Current Price)
Matic coin price: $0.0155 or 0.00000182 btc (updated on 14 January 2020)
Matic coin price: $0.10 to $0.50 (2020-2023)
Matic coin price: $1 to $2 (2023-2027)
Cryptocurrency spaces are awfully unpredictable so always invest at your own risk. Based on our analysis Matic is the best cryptocurrency to invest in for future but always do your own research before investing into any cryptocurrency.