Matic

Scaling solutions were always popular in the blockchain industry, but the 2-layer solutions are becoming more popular with the success of Lightning Network on the Bitcoin network.

Matic competes with other 2-layer solutions and other high-TPS blockchains. The closest competitor is POA also focused on scaling Ethereum. POA is already working, but Matic offers higher parameters and functionality (including higher TPS).

Matic has partnerships with Decentraland, Quarkchain, Ankr, Portis, MakerDAO - all are with explanations and rational ground for partnerships.

Matic is a part of the 2-layer infrastructure above the blockchains and it conveys lots of computations off-chain - for Ethereum both transactions and smart-contracts may be computed off-chain. Both users and developers may use Matic to speed-up their activity in blockchains. Transactions and computations off-chain remain secure and supported by PoS.

Potentially, Matic may support other blockchain protocols with its sidechain solution.

Tests indicate that the network will have about 7000 TPS that is enough for users.

Lots of work is already done - mobile app, node design, assets swaps. Also, the project announced external use cases by other team using Matic - mainly in gaming industry. The project has a testnet and even an early version of mainnet (according to announcements). The next step before the sale is launching a Plasma wallet. Mainnet is expected to Q4 2019, Plasma support on mainnet - Q3 2019, 

Matic network will be supported by PoS algorithm design, so the circulation supply may be lower than expected. Tokens are rewards for holders and are used as a feed for transactions. Node system is two-layer as well with Block producers (7-10) and Validators (100-200). For TGE ERC-20 token will be used.

Early investors have about 8% of tokens in allocations (70% discount). For TGE on Binance Launchpad, 19% of tokens will be available.
Matic aims to raise 5M USD, so the valuation for Launchpad participants is 26M USD (comparing with 7.89M USD for early investors).
The initial token supply will be limited by only 30% of tokens in circulation. The first strong boost of supply is expected in September-October 2019 by early investors, team unlock. Other supply unlock are expected to be every half-year.

We see this project a bit weaker in comparison to other Binance Launchpad projects. Also, the Binance Launchpad participant must be aware of the strong discounts to early investors.

The tokensale will test a lottery type requiring holding BNB tokens

The team includes 12 members (9 focused on tech and 3 on back-end stuff).

Jaynti Kanani - 4 years as a Software engineer in India, 3 years as a Data Scientist in Housing.com, main contributor to the Plasma development on Github
Sandeep Nailwal - 2 years as a Software Engineer in CSC, 1 year in Deloitte, 1 year as a Head of Technology in Welspun Group, 2 years in the blockchain industry (ScopeWeaver founder).
Anurag Arjun - product manager in IRIS (3 years), product manager in Dexter Consultancy (5 years)
Bhavir Shah - software engineer in Housing.com (2.5 years), 2 years as a software engineer in other companies

Interesting advisors are Pete Kim (Coinbase Head of Engineering), Esteban Ordano and Ari Meilich (both from Decentraland)