Polygon, formerly known as the Matic Network, is a scaling solution that aims to provide multiple tools to improve the speed and reduce the cost and complexities of transactions on blockchain networks.

Polygon

MATIC

100%

Market leadership

Polygon
MATIC

  • Polygon is a popular "layer two" (L2) blockchain scaling solution running on Ethereum sidechain

  • $456M investments are raised in total

  • MATIC is Polygon's native token used to govern and secure the network by staking

  • 37,000+ decentralized applications (dApps) are running on the network

  • Social media presence is growing substantially with 63% and 59% new followers attracted on Twitter and Reddit respectfully in the past year

72%

Overall rate

Team expertise

75%

Fundrising experience

80%

Token

100%

Industry influence

52%

Social impact

47%

Polygon is an efficient blockchain scaling solution with a skilled team of professional developers and experienced founders who work on building a close community of supporters, users and investors. By being a Layer 2 solution, Polygon allows thousands of developers to create decentralized solutions (dApps) on its network and solve the main problem of Ethereum - scaling. Polygon is one of the leading projects in the Ethereum scaling solution segment. Its token, MATIC, is a desirable asset for investors because of the team and technology behind it. Although enterprises are only starting to implement Polygon solutions, its potential to grow the network and market influence is undoubted.

Verdict
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