Verified OGs:
11
CryptoFam:
340
Projects:
27936
BTC:
$108,275
0.41%
ETH:
$3,856.70
0.37%
ETH Gas
Low
Avarage
High
Data by Etherscan
Market Cap:
$3.74T
Fear&Greed:
25

MATIC (migrated to POL) MATIC Logo
MATIC (migrated to POL) MATIC
$0 0.00%
OG Score 55.13
Reviews 5
MATIC (migrated to POL) MATIC Logo

MATIC (migrated to POL) MATIC Price

$0 0%
Low All Time High
$0.00314376 $2.92

Introduction

Polygon is a widely used smart contract platform that enhances Ethereum's capabilities by offering scalable solutions through its diverse SDK. More

OG Score 55.13
Reviews 5

MATIC/USD Price Chart

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$MATIC Community Sentiment

OG Evaluation

OG Score

OG Score Rank #59
Reviews 5
Gem Score 11.20

OGAudit Coin Evaluation Metrics

Innovation 54 .84
Innovation Evaluates whether the project introduces a unique, impactful solution that clearly outperforms competitors.
Security 50 .66
Security Assesses the robustness of smart contracts or protocol security, and the availability of up-to-date audit reports.
Community 54 .04
Community Measures how actively the team engages its community and whether governance decisions involve on-chain voting or transparent input.
Tokenomics 54 .14
Tokenomics Examines the utility of the token, distribution fairness, and whether there are clear incentives for long-term holding or usage. Also evaluates the project’s revenue model, including income sources, sustainability, and whether value flows back to token holders or the ecosystem.
Team 56 .92
Team Evaluates the experience,credibility of the founding and development team.
Roadmap 60 .16
Roadmap Assesses the clarity, transparency, and timely execution of the project's development roadmap.

MATIC (migrated to POL) $matic User Reviews

What Crypto OGs are Saying About MATIC (migrated to POL)

$matic Markets

Name Pair OG Score

About MATIC (migrated to POL) $matic

Polygon is an Ethereum-based scaling and infrastructure development platform. Formerly known as Matic Network, Polygon effectively transforms Ethereum into a multi-chain system, enabling users to conduct transactions at low fees and high speeds. The core component of Polygon is the Polygon SDK, a modular and flexible structure that supports various application types. This SDK allows for the creation of Optimistic Rollup chains, ZK Rollup chains, independent chains, and other necessary infrastructure for developers.
Polygon was officially released in April 2019. MATIC serves as the native token within the Polygon ecosystem, functioning as a unit for transaction fees within Polygon and as a means of payment between users. Additionally, it plays an increasingly pivotal role by providing security to the system and supporting governance. The consensus mechanism operates on a Proof of Stake (PoS) basis, relying on voting and participation of token holders to secure and regulate the network, providing both security and energy efficiency.
Polygon addresses Ethereum's scalability issues and reduces transaction costs by working with sidechains and various types of blockchains, expanding the Ethereum ecosystem. It innovates within the existing Plasma-POS chain without any alterations, catering to diverse needs within the developer ecosystem.
Its high transaction speed and cost-effective structure enable the creation of decentralized financial applications on a global scale. Especially leveraging the Plasma framework, Polygon can host numerous decentralized applications without experiencing the typical limitations of proof-of-work blockchains. Its compatibility with Ethereum provides a significant advantage, offering scalability, cost-effectiveness, and security—a crucial component in empowering the Web 3.0 revolution.

What is unique about MATIC (migrated to POL) (MATIC)?

Polygon's uniqueness lies in its ability to address Ethereum's scalability concerns by implementing various sidechains and blockchains, enabling diverse application types and reduced transaction fees.

Who are the founders of MATIC (migrated to POL) (MATIC)?

Polygon was founded by Jaynti Kanani and Sandeep Nailwal.

Who are the backers/investors of MATIC (migrated to POL) (MATIC)?

Polygon has received backing from prominent investors including Binance, Coinbase Ventures, DragonFly Capital, Tiger Global Management and Mark Cuban, among others.

What is the consensus mechanism of MATIC (migrated to POL) (MATIC)?

Polygon operates on a Proof of Stake (PoS) consensus mechanism, relying on token holders' participation and voting to secure and govern the network, enhancing security and energy efficiency.

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