SIMETRI gains of 460%
SIMETRI gains of 460%
SIMETRI 460% gains
SIMETRI 460% gains

Binance Launchpad Announces Matic Token Sale

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Binance Launchpad, the crypto exchange’s token sale platform, has just announced the latest arrival to its roster. The platform will host the first crowdsale of Matic Token (MATIC) , a fast and scalable option for smart contracts and dApp development, later this month.

According to an announcement, investors will be able to participate in a Matic Token lottery, which allows users to claim up to 5 lottery tickets based on their BNB holdings in the 20 days leading up to token sale.

SIMETRI gains of 460%

Though relatively new, Binance says that the Launchpad platform vets and researches projects extensively before supporting them, offering investors the cream of the crop of token sales.

In a research report, Binance introduces the Matic Network as a level-two scaling solution that achieves high throughput through the use of sidechains, using the Ethereum mainnet as a base chain. These sidechains use a proof-of-stake consensus algorithm, allowing developers to deploy scalable smart contracts without high transaction fees.

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Rules for participation in the Matic token sale will follow Binance’s previously established format, and drawing will begin on April 4th, 2019. Winners will have a chance to buy approximately 114,068 MATIC tokens, or about $300. There will be a maximum of 16,666 winning tickets, and purchase will be available through Binance’s BNB token.


The author is invested in digital assets, but none mentioned in this article. 

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