This paper investigates asymptotic distribution of complex zeros of random polynomials , as , where is a regularly varying function at infinity with index and is a sequence of independent copies of a complex-valued random variable . The limiting distribution of zeros both inside and outside the unit disk is determined assuming . Under the additional assumptions and , local universality results for zeros near the boundary of the unit disk are established. Notably, it is shown that the point process of zeros undergoes a transition from liquid-like to crystalline phases as crosses the critical value from right to left. In the liquid phase (), the limiting point process of zeros is universal. In the crystalline phase, it is universal if and only if and (the weak crystalline phase), and non-universal when (the strong crystalline phase). The zeros of the so-called random self-inversive polynomials on the unit circle exhibit a similar phase transition.

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