Polygon is a decentralized crypto asset that functions as a utility token for game developers on video game platforms that Game Machine, Inc operates. The core vision of Polygon is to transform the gaming industry by enabling developers with greater financial independence and opportunities while treating players much more fairly and responsibly.
The Polygon Protocol allows the gaming industry to be regulated by market forces. It will enable developers to create blockchain-based video games that are not just open-source but also usable by other developers with no additional licensing or restrictions.
This will allow anyone, anywhere in the world, to create a game and start a new decentralized gaming platform without any need for technical knowledge such as Blockchain. With the help of Polygon Protocol, the entire gaming industry will become much more open and transparent.
How to buy
You can buy Polygon (MATIC) tokens by visiting matictoken.io and following the instructions on that page. You must enter your email address, create a password, and verify your account. Your wallet address will then be generated and displayed on the same page.
Please ensure that you store this wallet safely and can access it at all times via the private key. This is how you will receive your MATIC tokens when they are distributed.
MATIC tokens can be bought using ETH, BTC, USD fiat, or any ERC20-compliant ticket.
MATIC tokens are not tradeable on any exchanges at this time. When trading is enabled, it will be managed by the Polygon decentralized exchange (POLYEX) platform and the MATIC token smart contract to facilitate peer-to-peer trading of other blockchain assets.
MATIC tokens cannot be withdrawn or exchanged for other currencies. If you want to change your MATIC token into another cryptocurrency, use a wallet that supports this functionality.
Poloniex is a US-based exchange that is available to anyone with an account. To purchase MATIC tokens, you must first deposit an equivalent amount of ETH into your Poloniex account. Then proceed to buy MATIC using the instructions on matictoken.io and follow the instructions on that page when prompted.
This will require you to send your ETH from your Poloniex account to your MATIC wallet.
Early investment and bonuses
MATIC tokens are sold for a minimum starting price of 0.005 ETH each. However, the price is increasing by 0.00025 ETH with every ticket sold until the total hard cap of 200,000,000 MATIC tokens is reached (equivalent to $40 million).
This means the earlier you buy MATIC tokens, the better value you get. You will receive a 25% bonus on your tokens for every purchase you make. This is capped at a maximum of 300,000 MATIC being available for sale in total, at which point no further bonuses will be given.
MATIC tokens have an all-time high market cap of $18,086,972 based on the time of this publication (May 2nd. 2018).
This means purchasing 20 MATIC tokens for $847.30 will result in 1,806.70 MATIC at current market prices. This brings your total to $899 per token!
The price of Polygon (MATIC) will be determined by supply and demand on the POLYEX exchange when trading is available.
Fundraising
In total, 31% of the 200 million supply of MATIC tokens will be sold for a maximum fundraising cap of $40,000,000. This is equivalent to 30% of the total supply or 6.97% of the entire collection when multiplied by ten decimals as set in Polygon’s smart contract code.
The remaining tokens will be distributed to contributors who help spread awareness and make contributions to Polygon’s development: 28% to developers and strategic partners (12.4% of total supply or 2.48% of the entire collection when multiplied by ten decimals), 6% to investors (0.5% of total supply or 0.12% of the whole supply when born by ten decimals), 3% to company and founding team (0.18% of total supply or 0.042% of the entire collection when multiplied by ten decimals) and 47,000 MATIC tokens will be burned as a reward for sales tracking purposes.
