Matic Network

by Matic-Network India LLP

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UMA Token

by Risk Labs

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XMax

by XMax

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Matic Network

by Matic-Network India LLP

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UMA Token

by Risk Labs

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XMax

by XMax

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What problem does this service solve?

Matic provides scalability for DApps and smart contracts.UMA defines an open-source protocol to create and verify trustless financial contracts, making it easier to create financial DApps.XMax will provide developers with the tools to more easily prototype and launch their entertainment-related DApps.

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Company Description

The Matic Network is a sidechain based scaling solution for public blockchains. Matic aims to allow developers to better scale their Ethereum DApps by using a version of Plasma, along with side chains that use a PoS consensus mechanism. Matic plans on supporting other blockchains as well in order to facilitate interoperability.

The UMA token is used to enable holders to participate in community governance issues and to help resolve contract disputes on the UMA platform. UMA is designed to be a decentralized financial contracts platform, and is an abbreviation of Universal Market Access. Their goal is to build the financial infrastructure that will make creating decentralized financial services easier. UMA provides a variety of smart contract templates as well as a decentralized oracle that can be used to validate payouts related to financial contracts.

XMax is creating a developer ecosystem for entertainment DApps. Their entertainment-focused blockchain ecosystem will enable multiple functional sidechains, and will provide a SDK which will make it easier to develop decentralized applications. XMax will also offer a variety of multimedia libraries. The XMax blockchain will have a VRF (Verifiable Random Function) consensus mechanism that will randomly select network users to participate in the verifying transactions.

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