Web3 Foundation Awards Decentralized Futures Grant To Dot Play
The Web3 Foundation has awarded Dot Play a Decentralized Futures Grant, a significant development for Polkadot's gaming ecosystem.
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The Web3 Foundation has awarded Dot Play a Decentralized Futures Grant, a significant development for Polkadot's gaming ecosystem.
Among the crypto in existence, Polkadot emerges as a model of excellence, placing users at the center of its governance system.
Polkadot's ecosystem remains robust despite recent market downturns that briefly pushed DOT's value to a seven-month low. Polkadot ecosystem thriving Data from DotLake shows a 33% month-on-month increase in transactions within Polkadot's ecosystem, rising to 16 million in June from 12 million in May.
This week, we take a closer look at Ethereum, Ripple, Cardano, Dogecoin, and Polkadot. Ethereum (ETH) This week was brutal and Ethereum crashed by 16%.
The winds of change are swirling around Polkadot (DOT). After a month-long slump that mirrored a broader cryptocurrency market downturn, DOT finds itself at a critical juncture.
The crypto markets have left traders sweating as prices have dropped significantly. Bitcoin (BTC) has fallen off a cliff, losing the 200-day SMA and slipping below $55,000.
Polkadot has demonstrated robust growth, showcasing a 3% increase in the past week alone. This upward trajectory underscores investor confidence in its advanced technology and strategic market positioning.
The crypto world is no stranger to drama, but Polkadot, the ambitious blockchain protocol aiming to reshape Web3, managed to stir the pot in an unexpected way recently. This time, it wasn't a groundbreaking technological feat, but a social media post that sent shockwaves through the industry – a potential rebrand to “KOLKADOT.
The Web3 Foundation has awarded Dot Play a Decentralized Futures Grant to boost Polkadot's gaming sector. According to a July 3 statement, Dot Play is tasked with creating a comprehensive platform for game developers using Polkadot's advanced technology.
The digital landscape is a whirlwind of innovation, and the future of connectivity is being redefined by groundbreaking projects. Helium's network for internet-of-things devices (IoT) and Polkadot's blockchain connections are prime examples of disrupting their fields. But within this competitive landscape, a new contender is emerging: WW3Shiba.
The past month has seen a significant drop in user demand for Polkadot, the leading Layer-0 blockchain. Activity on its Relay Chain and parachains plummeted in June, reaching their lowest levels since the start of the year.
Polkadot's Fellowship has given the green light to the successful implementation of Asynchronous Backing. The approval marks the first significant advancement in a series that culminates with Polkadot 2.0.
The debate over Polkadot's treasury longevity influences DOT's price, fueling bearish sentiment.
Interoperability blockchain project Polkadot (DOT) is reportedly spending massive amounts of money on outreach and marketing. According to the project's new treasury report, $37 million was spent in the first half of 2024 to increase interest in the Polkadot ecosystem. “$37 million was spent on ‘outreach.
Two cryptocurrencies have made the headlines in the last 24 hours and are trending with a dominating negative sentiment. In particular, cryptocurrency investors should avoid Polkadot (DOT) and Bittensor (TAO) this week amid looming fear, uncertainty, and doubt (FUD).
How do Polkadot's financial practices, spending $87M with a net loss of $108M annually, compare to FTX's pre-collapse habits? Polkadot (DOT), one of the early competitors to Ethereum (ETH), has recently come under the spotlight after publishing its latest treasury
Since yesterday, the crypto community has been posting many memes on X about Polkadot and some of its questionable marketing choices.
Web3 Foundation and Parity Technologies, key players in the Polkadot ecosystem, have disclosed their financial independence from the network's on-chain treasury. The CEOs of the two companies revealed their “significant financial runway” after recent reports raised concerns about the blockchain's financial health.
Polkadot (DOT) has once again triggered the crypto community with a post about rebranding its name. Out of the blue, the official X account of the Polkadot Network posted that with the community's permission, it will be rebranding to "KOLKADOT.
As a public permissionless network, Polkadot utilizes a mechanism to disincentivize offenses or bad behavior and incentivize good behavior.
Polkadot has spent $87 million worth of DOT tokens on various initiatives during the first half of this year.
Polkadot spent nearly $37 million on outreach in the first half of 2024, a 300% increase from late 2023. The company focused on sports sponsorships, influencer marketing, and events.
Polkadot's treasury, which holds just under $245 million, has raised concerns about its budget limit. A report claimed the project would only have two years' budget with current spending.
Polkadot, the innovative blockchain network known for its multi-chain capabilities, is facing a wave of criticism from its community following the revelation of a staggering $37 million expenditure on marketing in the first half of 2024. The recent financial report detailing these expenses has ignited widespread outrage, with many questioning the effectiveness and necessity of such a large marketing budget.