Matic enables scalability not by making its own entire new public blockchain, but this with Plasma, on ETH. It's an upgrade to Ethereum, it's not a competitor. It adds to the ETH ecosystem by providing scalability and tech implementations, while simultaneously piggy backing on ETH giant community and resources. This is the potential. What is built on ETH, can be routed via Matic. Why: cheaper and faster. You are still essentually using ETH, just via Plasma implementation of Matic.
For example, Decentraland has committed to using Matic mainnet to wire its operations through it. They are also close with DAI (MakerDAO) for the same purposes. To me, the narrative of this is clear: Engine for DeFi. How realistic this is? Well, you just need to be in bed with ETH projects or have huge backing (cough, Coinbase, cough) - and then just make them all wire transactions through Matic. Done. So the buz dev story is clear: first get all popular ETH projects who lack scalability - to use Plasma. And then start building more yourself.
Ok so just to sum up, what gets me hard: 1) They are dev focused, have nice docs and innovations, so it's sexy. 2) They have a clear biz dev / community acquisition strategy. Check all the ethhub and etc. updates about them. Waiting for Vitalik to tweet next LOL. 3) They explain what the token is for (to make plasma implementation permissionless)
Do you think with binances and coinbases backing that we will actually see revenue from staking? Also, a 9MM market cap seems really low. It's like a baby.
Aaron Morris
Aren't there a bunch of other 2nd layer scaling solutions? Not to say this won't pump, but I feel like this is not the first token to do this.
Jeremiah Nelson
It isn't, but it's one of the first to offer true plasma implementation and the first to focus on defi.
Zachary Moore
People saying its 7m mc. BS total supply makes it 35m mc. When will the rest of the supply be released?
Henry Williams
crypto-zombie shills whatever company send him money, even if it means setting his fans up to get hacked. /b/careful
Nathaniel Martin
The other coins don't get released until October brainlet. So yes, it is 7MM FLOAT for now
Sebastian Roberts
And by October the main net has been running for months and partners have been onboarded. Matic will pump hard before October.
Brayden Torres
hhhhrrnnnnnnnnnnngggggg
Elijah Cooper
Even past October. Coinbase should be happening around then.
Parker Walker
400k marine here. Damn it feels good to be an early adopter.
Jose Green
Lol. 4/5 of coins are gonna come out in a few months and you dumbfucks think the price is gonna rise. Lol. Brilliant!
Joseph Myers
Is this a joke? They have a slow release schedule until 2022.
Aiden Butler
You can make the same argument about Chainlink and yet it went from rank 120 to 30. Matic is easily top 50 material.
Elijah Jackson
It's a slow release to prevent dumping you dumbfuck.
Gavin Gutierrez
Be honest OP, is this pajeet shilling?
Ryder Anderson
three reasons to buy this right now: 1) low market cap 2) available to buy on binance yet most people can't because deposits are frozen 3) ETH is on fire and this is an ETH ally rather than a competitor 4) backed by coinbase so you know its not a scam 5) mainnet and POS release over summer (before any additional tokens are released in October)
Alexander Howard
>5 reasons started with 3 but then realized there are so many more. trips confirm.
Joseph Green
6) Code nerds love it. 7) Defi is the sexy new crypto buzzword. Only defi project on Binance.
James Gomez
i dont know man to have so many people on biz to agree on one project makes me wary that there isnt some shilling going on
Landon Green
Binance and Coinbase agree on it as well. Also it hasn't even really pumped at all yet. It's still a 3x to match the other launchpad ieo's marketcaps.
Sebastian Martin
you can safely assume some of the shilling is coordinated. I'm not planning to hold this long term I'm mainly buying because a lot of people are locked out of binance due to the hack and once they get back in...
Christian Parker
Of course there's coordination. Always is. You think people were talking about BTC, Eth etc. out of the kindness of their hearts? That being said it's wrong to assume it's simply another pump and dump. Sometimes the fundamentals are exceptional like in Matic's case
Ryan Edwards
Yup, this how you do it. Who gives a fuck what it is. It hasn't pumped yet and has excellent pumpmentals. Get the fuck in
Jaxson Jenkins
THE PAJEET MARINE MANIFESTO:
1. TAKEOVER BIZ 2. MAKE GODLY GAINS WITH CHAD COIN MATIC 3. EMPREGNATE ALL THE WHITE WOMEN
