Protocol for NFT-backed index funds

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NFTX is a platform for making ERC20 tokens that are backed by NFT collectibles. These tokens are called funds, and (like all ERC20s) they are fungible and composable. With NFTX, it is possible to create and trade funds based on your favorite collectibles such as CryptoPunks, Axies, CryptoKitties, and Avastars, right from a DEX like Uniswap.

There are two types of funds on NFTX:

D1 funds (input) have a 1:1 backing between a single NFT contract and an ERC20 contract. For example, if Alice owns 2 PUNK-ZOMBIE, that means she can redeem exactly two random zombie CryptoPunks at any moment. …

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Community governance & reputation mining to empower the next phase of adoption

TLDR; Validate DApps’ reputation to mint tokens — Reputation Mining + Liquidity Mining

During the past few months, TDL has been ideating & building a safe passage for newbies in the farmer’s land as well as an adoption enabler for DApps. Protocols are being forked & more money is being minted by scam users. Obviously this isn’t a safe place for infants. Who can forget Sushi?

Degens gonna degen, but we gotta safeguard the next wave of users.

DeFi is growing at the speed of light. User growth is up but there’s still more to come.

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And we are live! 🥳

Link of checkpoints

We are proud to announce that the first version of the Matic mainnet is now up and running 🙂 This is the culmination of more than 2.5 years of hard work by the entire team, developers, investors, advisors and of course, the entire Matic community who have supported us on our journey so far.

Matic began as a dream in our minds in 2017 — and the mainnet launch today marks our most important milestone to date. Soberingly though, this is still just the beginning.

As poet Robert Frost said a long time…

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As we cross over to the new decade after the holiday season, it’s always valuable to look back at the year in reflection. 2019 was a huge year for Matic Network. From holding the best performing IEO in the industry to date, to our huge progress on the technical development front and outstanding rates of adoption, we have surpassed even our own expectations for this year and have laid the foundation for an even more impressive year ahead.

We have attracted the attention of much of the wider blockchain space, resulting in 40+ Dapps onboarding and exploring integration with Matic Network, in various categories from gaming to DeFi. MATIC has been listed on over 20 exchanges including Binance, Binance DEX, and one of Korea’s biggest exchanges, Coinone. Our mission to accelerate the decentralized movement has also seen us attend countless high-profile events and support the industry’s BUIDLers at more than 40 hackathons across the globe. …

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BetProcotol is the latest project building on Ethereum & Matic Network to use Matic token for their private sale.

The proceeds of the sale to be used for community scholarship initiatives of BetProtocol to promote building on BEPRO & Matic Network.

- Private sale for $BEPRO tokens in $MATIC tokens
- Tokens offered at 20% discount from listing price on a top exchange.
- All proceeds to be allocated towards scholarships for Matic community to build on BEPRO & Matic
- Backed by big institutional investors

During the token sale, $BEPRO will be offered in private sale to the eligible community members as per the legal/regulatory requirements of BetProtocol in exchange for $MATIC tokens at a discount of 20% as compared to its listing price (stay tuned for details to be released at a later date). …

Dear Community,

We want to strongly state that the allegations of token movement from our Foundation account, made by a FUD account against Matic team are completely baseless. Even Binance confirmed it:

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We already announced that there will be a release of ~2.5% (248mn) tokens as communicated in our post which coincides with the net outward movement.



List of all outward Token movements.

Aggregated outward movement ~2.7%
The foundation’s tokens are still here:

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We recently announced our staking economics with this blog post here. We have been constantly working on improving our staking approach and this note highlights some important updates.

To reiterate, 1.2 billion Matic tokens (12% of our total supply) are allocated towards staking rewards. During the initial years of Matic Network’s full launch, we’ve decided upon a gradual decoupling of staking rewards, until transaction fees gain enough traction and are able to fully support the network on their own.

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  • 100% of unlocked Matic Treasury tokens (Foundation & Ecosystem) to be allocated to staking activities
  • ~40% of Investors are voluntarily not taking any unlocks
  • In all, ~80% of total unlocked tokens NOT to be released into the market
  • Only ~20% of the unlocked tokens (248,446,690 tokens) to be released
  • This was the first & last Investor token unlock (50% unlocked on listing & 50% unlocked now)

October 2019 MATIC token release

Our token release schedule was painstakingly designed by the team keeping in mind the best for both the Matic Network ecosystem and token holders.

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We feel incredibly excited to announce the release of the Matic β-mainnet today. Yay! After months of hard work, the entire Matic Network team is releasing the 2nd iteration of the Matic mainnet (after the α-mainnet in June 2019).

Matic Network is a Layer 2 blockchain platform using the Plasma framework and a decentralized set of staked validators to provide a solution for faster and extremely low-cost transactions.

We released the α-mainnet three months back — refer for more details. Since then, it has been heartening to see the response of the developer community in deploying to the Matic testnet and α-mainnet respectively. …

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We have been working to introduce more generalized scaling techniques, while still ensuring the highest levels of security possible.

One of the promising techniques in the area of Plasma research is Plasma Predicates. We are proud to announce that we are arguably the first team to release support for this in the wild in our upcoming beta-mainnet.

Plasma Group had released the excellent Predicates pattern earlier this year for a generalized Plasma architecture. We absolutely adore these guys for the wonderful (and selfless!) work they do.

We thought it was a great addition to our architecture and we went ahead and implemented Predicates support in our implementation. …


Nirbhik Jangid

BUIDLing @thedapplist. Prev. Community & Growth Lead @ Matic | Twitter —

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