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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.

How much is too much to spend on crypto marketing? Polkadot users and builders debate as a project founder's grievances boil to the surface.

In a growing storm of controversy, the Polkadot blockchain platform is now facing accusations of discrimination and toxicity within its ecosystem, on top of concerns over an impending funding crisis for its Treasury.

Polkadot, a prominent player in the blockchain industry, is facing significant financial challenges. The blockchain network, known for its innovative multi-chain functionality, has a treasury valued at approximately $245 million.

Manta Network co-founder Victor Ji called out the Polkadot (DOT) ecosystem for unprofessional conduct at work. Kicking the horse when it is down, the outburst comes as the community criticizes the network over futile marketing despite a bloated budget.

Polkadot's $37M marketing splurge backfires, exposing ecosystem flaws and claims of discrimination.

These three high-growth cryptocurrencies certainly seem like compelling bets for investors looking to capitalize on the growth of this sector.

Stakeholders within Polkadot's ecosystem have refuted claims that the network's Treasury will run dry within two years. Recently, a treasury report raised community concerns by suggesting that the project's current spending would only sustain operations for two years.

Despite this extensive spending, Polkadot's visibility on social media platforms, including social media platform X, remained surprisingly low.

The scenario that has emerged is not good for its cryptocurrency DOT, despite the project moving forward.

Polkadot, one of the most promising blockchain ecosystems, finds itself in a rather unique and problematic situation. The entity faces financial mistrust, misappropriation, and bad money math.

The blockchain spent $87 million in the first six months this year, with marketing activities accounting for the majority of expenses.

The Polkadot blockchain ecosystem is currently embroiled in a controversy regarding its treatment of Asian-led projects. Allegations of unfair practices and a hostile environment have emerged, sparking a broader debate about inclusivity in the blockchain world.

This strategic allocation aimed to attract new users, developers, and businesses to its ecosystem. Despite these efforts, Polkadot's visibility remains limited on various platforms, including X.

Polkadot's native token, DOT, has emerged as a standout performer. With a notable 12% increase over the past week, DOT is trading at approximately $6.30.

Polkadot has launched a new Ledger app designed to streamline parachain management and enhance network security, thanks to contributions from Zondax, Alzymologist, and Parity Technologies.

Blockchain project Polkadot is under fire after revealing $37 million in expenses on the marketing budget, triggering criticism and scrutiny from its community.

Learn how Polkadot's innovative technology might drive its future success. This innovative cryptocurrency looks interesting at these modest prices.

Bridging and swapping are crucial components of the DeFi landscape that Polkadot is heading towards and SubWallet is central to this.

Victor Ji labels the Polkadot ecosystem “highly toxic” and lacking in Web3 value, calling it “dead.”

PostFinance, a Swiss government-owned bank, has expanded its cryptocurrency offerings, according to a recent announcement. The bank has launched Ripple (XRP), Solana (SOL), Avalanche (AVAX), Cardano (ADA), and Polkadot (DOT) trading services.