What is mmatic, the new Internet explorer project coming online

Binance will launch its new Launchpad project on April 24Matic Network（MATIC）

The project aims to decentralize and deliver better products.Matic is based on PoS side chains and will bring a large scale adaptation of Plasma applications to ethereum.

The current decentralized ecosystem lacks availability and convenience. Decentralisation is slow, expensive and complex.

Matic's goal is to change this by combining blockchain sizing, developer platforms and tools, and a focus on the user experience.

This time, it will be based on the new lotteries (see Binance Launchpad for new token sales),

The specific information is as follows:

Sale time: 16:00, April 24, 2019 -- 22:00, April 26, 2019 (Hong Kong time)

Matic Token name: Matic Token

Total tokens: 10,000,000,000 matics

Launchpad amount: 1,900,000,000 matics (19% of total)

Exchange rate: 1 MATIC = 0.00263usd (actual exchange rate of BNB will be announced one day before the lottery)

Supported mode: lottery

Maximum winning amount: 16,666

Share available for each winning number: $300 (114,068.44 MATIC)

Matic team profile:

Founder and CEO: Jaynti Kanani, full stack web development engineer; Once the Web3,; Plasma and WalletConnect contributors; Former Housing.com data scientist.

Team COO: Sandeep Nailwal, blockchain programmer and entrepreneur. Scopeweaver CEO, formerWelspun Group cto

Team advisor lineup is not to be underestimated:

Pete KimCo, Coinbase wallet project manager; CipherBrowser creator; Co-founder and cto of Itrous, Inc

Esteban Ordano, Decentraland founder and chief technology officer

Ari Meilich, Decentraland project director

Welcome to join the official BlockBeats community:

Telegram Subscription Group: https://t.me/theblockbeats

Telegram Discussion Group: https://t.me/BlockBeats_App

Official Twitter Account: https://twitter.com/BlockBeatsAsia