Matic Network (now Polygon) Token Sale (2019): Sale History, Figure & Outcome
Matic Network, later rebranded as Polygon, conducted a token sale in 2019. The Ethereum-based project raised funds through Binance Launchpad's new lottery format.
| Token | Matic Network (now Polygon) (MATIC) |
|---|---|
| Sale year | 2019 |
| Category | token |
| Chain | Ethereum |
| Documented figure | $5,000,000 |
| Outcome | active |
| Data tier | 2 — research-lane verified |
BMIC presale — live right now: $0.0528542 per token · $646,191 raised · 1,358 buys. Check the live BMIC presale →
What the record shows
The April 2019 sale reached its hard cap of USD 5 million. Matic Network subsequently rebranded to Polygon and remains active as of the record's documentation. The sale was notable for being one of the first to use Binance Launchpad's updated lottery-based allocation system.
Era context: winter & auctions (2019–2020)
During 2019-2020, public token sales became smaller and more structured following the market downturn. Launch platforms introduced vetting processes and alternative sale formats like auctions, while private funding rounds dominated most capital flows. Public sales increasingly served marketing purposes rather than being primary fundraising vehicles.
This sale is one of the 73 entries in our Winter & Auctions (2019–2020) era archive, part of the complete history of crypto presales — a sourced dataset where every figure links to the page that shows it.
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More from this era
- MultiVAC (2019)
- Newton Project (2019)
- Perlin (2019)
- Polygon (2019)
- RAID Project (2019)
- Reserve Rights (2019)
Researching sales running right now? See the regularly updated current crypto presale rankings.
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Sources
- https://www.binance.com/en/amp/blog/319412873974988800/Binance-Launchpad-Announces-Matic-Network-as-Next-Project-Under-its-New-Token-Launch-Format
- https://www.coinspeaker.com/binance-results-matic-network-ieo/
This page is historical research built from a sourced dataset — not a recommendation to buy anything. Token sales are high-risk. Money figures appear only where the cited source shows one. Corrections with sources: support@bmic.ai.