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Polygon (MATIC): Should I Invest in this Cryptocurrency?

Polygon (MATIC) is a framework that has been created for building blockchain networks that are compatible with Ethereum. Originally, it was called Matic Network. However, with the increase in the scope of the project, it has been rebranded as Polygon. This project’s scope has been perfectly summed up as “Built by Developers, for Developers.” 

This project started its journey simply as a scaling solution. However, Polygon has now evolved as a massively scalable collaborative blockchains’ ecosystem where each blockchain is capable of retaining its self-sovereignty. 

Let’s walk you through some of the essential questions about the Polygon (MATIC) project so that you can know whether buying selling MATIC coins can help you increase your investment explosively. Polygon formerly known as MATIC Network used Plasma framework technology that was a simple scaling solution. It used to simply process transactions off-chain before being finalized on the Ethereum main chain. With the renaming of the protocol to Polygon, the entire platform is now designed to launch interoperable blockchains. 

Take a closer look and decide whether you should invest in this cryptocurrency. 

What Problems are Solved by Polygon?

Ethereum has come up as the leading most platform for building blockchain applications. However, the Ethereum blockchain has some integral issues that are holding this platform to realize its true potential. There are 3 main issues that Ethereum blockchain has that are leading to poor user experience. These problems are:

  1. High gas fees
  2. Delay in transactions
  3. Lack of community governance

These issues with Ethereum blockchain are leading many new projects to explore other Ethereum-compatible blockchains, which will enable them to bypass these 3 problems and at the same time access the Ethereum ecosystem. Before the launch of cryptocurrency Polygon (which was earlier known as Matic Network), no previous framework was there for creating an Ethereum-compatible blockchain. In fact, no protocol was there for connecting the newly created sidechains with the Ethereum blockchain. All these problems are solved by the Polygon network, thereby delivering value to the developer community. 

  • Ethereum-compatible blockchain can be created and also connected with the help of Polygon, which is a framework as well as a protocol. 

  • Deploying Polygon is also very easy. A developer can do it with just one click, offering you modules for developing customized blockchain networks. 

  • With the help of Polygon’s interoperability protocol, exchanging messages between Ethereum blockchain and other networks become equally easy. 

  • Adaptor modules are offered by Polygon ecosystem for enabling interoperability in existing blockchain networks.

These problems are solved by the Polygon network, enhancing its use-value in the real world. 

MATIC Tokens

  • Initially, the supply of Polygon (MATIC) tokens was 3,230,085,551 and their issuing price was US$0.00263.

  • The total supply, as well as the max supply of the MATIC coins in the Polygon network, is capped at 10 billion. 

  • MATIC token’s allocation:
  • 23.33% of the total supply of MATIC tokens is set aside for the Matic ecosystem.
  • 21.86% of the total supply of MATIC tokens is set aside as the foundation’s share.
  • 16% of the total supply of MATIC tokens has been set aside solely for its own team.
  • 16% of the total supply of MATIC tokens has been set aside solely for its advisors.
  • 12% of the total supply of MATIC tokens is allocated for the operation of the network.
  • 3.80% of the total supply of MATIC is allocated for private sales.
  • 2.09% of the total supply of MATIC is allocated for seed allocation. 

  • The circulating supply of MATIC is 6.45 billion MATIC, which is around 64.5% of the maximum supply. While the 24h trading volume is US$679,409,168, the current market cap is US$7,299,534,488. 

  • The total value locked TVL of Polygon (MATIC) is US$9.17 billion. In fact, the Market Cap / TVL Ratio is 0.8101. 

Through the public sale, US$5 million was raised by the Matic Network in BNB. 

Is Polygon (MATIC) worth Investing in?

The fundamentals (including the use-value) of the Polygon network are very strong with strong partnerships and investors backing the project. 

Experts and analysts believe that the price of MATIC may increase to US$3 by the end of 2021 and to US$7 by the end of 2025. Hence, it can be summarized that Polygon (MATIC) is worth investing in for the long run.

You can invest in MATIC through any reliable and renowned cryptocurrency exchanges and other crypto APIs such as Coinbase, Kraken, Coinmama, Binance, cryptocom app, and others. 

Invest in Polygon MATIC

Yes, you should definitely invest in MATIC to earn crypto more in the coming 5-to-10 years. 

Polygon price is currently (early August 2021) hovering around US$1.13. Its 24h high and 24h low are US$1.16 and US$1.10 respectively. In fact, its 7d high and 7d low are US$1.19 and US$1.01 respectively. The MATIC price is expected to increase to anywhere from US$3 to US$7 in the coming 4 years. 

You can buy and sell Polygon MATIC crypto coins against various fiat currencies including:

  • US Dollar USD (United States Dollar)
  • British Pound (united Kingdom fiat currency)
  • Canadian Dollar CAD
  • South Korean WON
  • Singapore Dollar
  • Chinese Yuan
  • Hong Kong Dollar, and others through a wide array of crypto exchanges

If you want to increase your investment by 3-to-7-times in the coming 4 years, buy Polygon (MATIC) now. Keep an eye on the cryptocurrency markets, financial news, crypto news, yield farming, price statistics, block times, and others to time your trading of oracle cryptocurrencies for maximum profit and increasing your net income. 

You can also diversify your crypto coin portfolio by including other cryptocurrencies such as Bitcoin Ether ETH, Bitcoin Gold, Bitcoin Cash BCH, Basic Attention Token, Ethereum Classic, Binance Coin, Kusuma Network coin, Wrapped Bitcoin (some also call it wrap bitcoin or wBTC), USD Coin, Binance Smart Chain BSC coins, Gemini Dollar, ERC20 tokens (created on Ethereum blockchain), NFTs, and others. 

You can buy cryptos through cryptocxurrency exchanges with the use of debit or credit cards (Visa cards) or bank transfer. Once bought, you can transfer the bought cryptos to your wallet network for better safety. 

Also, invest in various types of stocks (including dividend yield stocks), mutual funds, index funds, real estate, venture capital, private equity, and others to improve your personal finance. If possible, get help from a portfolio manager or wealth management firm for investment advice and get maximum return. 

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NapBots provides you various indices that include a basket of tokens with high market capitalization and are categorized by theme (such as Solana, NFT, DeFi, and others). This platform introduces an intuitive interface as well as advanced allocation tools for enabling new investors to create and manage advanced crypto indices easily.

The best part of NapBots is that it tracks and executes trades automatically on the basis of your pre-set choices of indexes. The platform is very affordable as it enables you to start trading as low as US$150 with a monthly service fee of just 2.5%, which is far below the current rate of other cryptocurrency index providers. Therefore, NapBots reduces the financial barriers and at the same time eliminates the need for human intervention and the consequent human error. 

Get started with crypto-asset investing by investing through, a dynamic crypto index for expanding diversified exposure to bitcoin and leading crypto-assets at reduced financial barriers and no human error.