Tron Logo
Trade on HitBTC
Like this video

Ratings Matic

Scalable and Instant Blockchain Transactions

Matic Network provides scalable, secure and instant Ethereum transactions. It is built on an implementation of the PLASMA framework and functions as an off chain scaling solution.  Matic Network offers scalability solutions along with other tools to the developer ecosystem, which enable Matic to seamlessly integrate with dApps while helping developers create an enhanced user experience.

3.9
7 6 expert ratings
Benchy 2.9
KYC
Experts
4.4
4.5
4.4
Review: download now PRO
~$5,000,000
value of tokens sold in ICO

Ended
Token
MATIC
Type
IEO launchpad
Price in ICO
0.0026 USD
Country
Whitelist/KYC
KYC & Whitelist
ICO start
24th Apr 2019
ICO end
26th Apr 2019
Visit ICO website
Report

Ratings

All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
Igor Karavaev
Blockchain Enthusiast and Advisor
Rated on Apr 2, 2019
Modified on Jun 24, 2019
5
5
5
15%

Good project! Chosen as the 4th IEO on Binance exchange platform. Lottery type IEO. 10,000 people in already. Take care of dump risks after listing! But taken care properly the project tokens can give a few X in short term and it is also perspective in long run. KYC is obviously done by Binance team so they ignore icobench KYC and interaction

+2Agree
+2
Disagree
Report
Ian Scarffe
Blockchain Consultant, ICO, IEO, STO Advisor. Founder at Crypto Consulting and Investments LTD.
Rated on Apr 17, 2019
3
4
4
15%

Matic is an interesting project, although there are already a few projects out there trying to do a similar thing. The team looks good, but waiting for KYC. A good solid project making good use of blockchain though

Agree
-2
-2Disagree
Report
Vlad Skakun
Co-Founder and CFO at CryptoDiffer | Investor| Marketing Specialist| Senior Analyst at Venture Fund
Rated on Mar 7, 2019
5
5
5
12%

I personally like this project because of 5 reasons:

Scalability
Matic Network uses an adapted version of the Plasma framework that provides a solution for faster and extremely low-cost transactions with finality on main chain. The Matic Network has a theoretical capacity of up to 2^16 transactions per second on a single side chain. In the future, more side chains can be added in order to increase the number of transactions to millions per second.

Focus on UX
Matic aims to put a lot of attention on user experience, among other notable features we want to highlight a Dagger. Dagger is a tool to get the real-time updates from the Ethereum blockchain. The tool updates users on events like the wallet transactions or placed bids on DEX and more via SMS, notifications or email.

Security
Matic introduces Fraud Proofs which function as an always-running high reward bounty program for parties who wish to get rewarded for spotting fraudulent transactions.

Easy developer on-boarding
The Matic Network architecture uses an EVM-compatible state machine making it easy to port DApps and smart contracts running on the Ethereum blockchain to the Matic Network.

Asset interoperability
Matic Network intends to integrate multiple blockchain platforms to provide a universal platform for the users to be able to use/exchange their assets from various blockchains.

Agree
-2
-2Disagree
Report
nicolas nups
Program Manager and ICO Advisor
Rated on Apr 17, 2019
Modified on Apr 18, 2019
5
4
4
8%

Dear ICOBench community,


Please note that before reviewing this project & IEO, I conducted my own DD : team background, competitors, project history, various analysis and KPIs, growth potential and a lot more factors.


Here are the results of this analysis :

- Team : A solid team, experienced and reactive. Nothing more to add.

This is definitely worth a 5/5 for the team.

- Vision : There are several projects aiming to solve the block time issue but not many like Matic are focusing on ERC20 & 721 tokens. The vision behind this project contributes in helping the blockchain community in its globality.

This is why I am giving a 4/5 for the vision.

- Product : Several working products are already released even so the IEO is not yet passed, which is more than most project can accomplish. I have tested the wallet & the Zappier + Dagger and more than being fully functional and safe, they are really user friendly. Let's expect the upcoming products will follow the same logic.

Matic deserves a 4/5 for the product.

Additional information : This appears to be a serious project lead by a professional team with a bright future ahead. Let's see what Matic brings us in the next 6 months.


I invite investors to conduct their own DD before investing time / money on any project.

Agree
-1
-1Disagree
Report
Sainath Gupta
Founder,CEO at PrimeTradeAI uses AI Blockchain Trading ICO | Crypto 8 year
Rated on Mar 14, 2019
5
5
5
8%

I personally know them, few important things:
1) Highly tech team
2) Not good marketing so far
3) Got some good partnerships
4) Developer focused
5) Supports various blockchains interoperability

Agree
0
Disagree
Report
Nirav Kuwarji Gala
ICO, IEO and STO Advisor
Rated on Apr 10, 2019
Modified on Apr 11, 2019
4
4
3
7%

Team - Based on the review of the team credentials in the whitepaper and social media it appears that they have significant experience in blockchain development. They appear to be very active in development of Ethereum Network and associated projects.

Vision - The idea of the project is not new as there are many projects trying to do a layer 2 scaling solutions. Blockchain remains at the core of the business as they are trying to solve the scaling problem for the Ethereum. There are already several projects that are trying to build on top of Matic Network.


Product - It appears that the project is currently at Alpha Stage. It launched its first testnet in September and has an advanced pre-mainnet version of the network ready internally.

Overall decent project. However need to exercise caution as it is not live yet. It needs to achieve high user adoption to be successful. Would be best to wait and watch given the small fund raise size and general hype associated with Binance Launchpad projects.

Disclaimer: Above is my personal opinion and not an investment recommendation. Please do your own research and take independent financial advice before making any decision

You can find my raiting methodology here. https://medium.com/@niravgala/nirav-galas-ico-bench-rating-methodology-c7186a354c9e

Agree
-1
-1Disagree
Report
Benchy
ICO analyzer bot
2.9
34%

Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

Add to bookmarks
ICO KYC Report
2 members invited
Jaynti Kanani
Failed
Anurag Arjun
Failed
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
Missing or incorrect data? Let us know.

ICOs that might interest you

3.7

Papyrus

Powerful Platform for Data Scalable Decentralized Applications supporting Privacy Manag...

4.6

SaTT

SaTT tokens will be used to rules advertising transactions between advertisers and publ...

74 days 15 hours left
4.3

HEROIC.com

HEROIC is powering the future of cybersecurity with artificial intelligence and the blo...

57 days 15 hours left
4.4

Quizando

Quizando is a state-of-the-art quiz delivery system that gives players the chance to wi...

Cookies help us deliver our services. By using our services, you agree to our use of cookies.

Learn more Got it