Why Polkadot Is The Hottest Crypto In China?

[Malam90]

In brief
Polkadot is huge in China among devs and retail investors.
The community support, especially from the Web3 Foundation, is particularly strong.
To some extent, it's following a similar trajectory to EOS.
It’s not a secret that in China, Polkadot resembles a newer, better EOS, the public blockchain that swept the Chinese crypto ecosystem in 2018.

Both projects have inspiring foreign—in particular Caucasian leaders—who frequent China’s blockchain conferences and cocktail parties. (I don't want to sound racist but the fact that they are white plays a huge role. Some Chinese ponzi scams have actually hired white actors during their roadshows to fool retail buyers.)

EOS and Polkadot are backed by Chinese capitalists, who spread the Ethereum-killer narrative whenever they can on crypto Wechat. These capitalists, especially exchanges such as Binance, Huobi, and MXC, come with a war chest of funds to lure entrepreneurs to the Polkadot ecosystem. Both projects have attracted strong interest from Chinese retailers but somehow are far lesser-known abroad.

Despite the two projects’ perceived similarities, Polkadot has developed its own narrative and community. This week’s da bing examines the rise of Polkadot and how that reflects the state of crypto in China. Source

[Lutera94]

That is good think for polkadot, we know that China is the one of the Most popular country which is support crypto. So if they are promote polkadot then it will be huge support. I am really happy to see that news.

[Malam90]

That is good think for polkadot, we know that China is the one of the Most popular country which is support crypto. So if they are promote polkadot then it will be huge support. I am really happy to see that news.

Once EOS was the main targeted coins to most of the China investors but they are moving to the Polkadot for many reasons.

EOS and Polkadot are backed by Chinese capitalists, who spread the Ethereum-killer narrative whenever they can on crypto Wechat.

They think DOT is the ethereum killar. 

[jonathancool220]

No wonder the Polkadot coin can slide so fast to the top of the coin ranks, it turns out that this Polkadot coin has the full support of people in Asia.
I am not racist or differentiate between a continental power for my benefit but the fear is that the Chinese country is really very financial in forming a community in cryptocurrency, so that Polkadot can be able to be pumped quickly.

[Lukasz]

This is very interesting news. PolkaDot is indeed extremely intesting project and it price is showing for it. Still would be cautious and reserved for the Chinese expanding their influence over the furthest reaches of the world   

[Criminal]

Thank you brother for sharing a very important piece of information with us. One of the most talked about tokens of the current era is this polka dot com In just a few days, this token has become a very popular token in cryptocurrency. However, these tokens are being widely used in China।

[IyemRoker]

In this thread, it has been explained that in China rich investors created something that wants to kill the empire from Ethereum and that is certain because Ethereum is the strongest cryptocurrency today after its first parent, namely: Bitcoin.
So it is fitting that this community in China wants to dominate the market and create Polkadot to improve its acceleration in overtaking finances from the Ethereum market cap.