New Token Rewards Fans for Trying Wallet
The Matic network has recently completed their crowd-sale on Binance's Launchpad last week but shows no sign of slowing down. The token partnered with Binance once again to announce a special give away. In an announcement Matic said that it will give $60,000 for users to try out their new wallet. The giveaway is exclusively for Binance users.
About the Giveaway
The giveaway will be done in the form of Matic tokens of course. It is valid until the 4th of March 2019. To participate, users need to download the wallet.
It is important to note that the wallet is currently in test mode and users *should not* send any real tokens to their wallet. Each user will have a chance to win the equivalent of $20.
A Bit About Matic
Matic is a recently launched token on Binance's Launchpad. It managed to reach its hardcap of $5M USD in less than a few hours. It was the first project on Binance to make use of the lottery system for participation.
Matic aims on improving Ethereum's ecosystem with the use of sidechains. This will allow much greater scalability and speed to Ethereum's network. This will also lower GAS fees for transactions. All sidechains make use of the Proof-of-Stake algorithm.
Giveaways are a great way to engage the crypto community. This will likely increase public interest in Matic to those that missed the crowd-sale and increase exposure. This also indicates that Matic's team seems dedicated to the project & isn't another ICO scam.
Written by Jonathan Ganor
Writer & cryptocurrency aficionado