Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Polkadot Forum => Topic started by: Malam90 on February 25, 2021, 03:18:11 AM
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Crypto analyst and influencer Lark Davis is pulling back the curtain on four Polkadot-based crypto assets that he believes have the potential to generate 100x returns to investors.
In a new video, Davis tells his 219,000 subscribers that he’s looking at a new project that could be the Chainlink (LINK) of Polkadot.
Kylin is an oracle and data services provider, particularly they’ve got a big focus on providing those services to Polkadot’s parachains. It will give access to both on-chain and off-chain market data via the Kylin oracles as well as having advanced data analytics features. It’s also going to offer a data marketplace, where data can be monetized and traded.”
The second coin on Davis’ radar is Polkadex, a decentralized exchanged being built on Polkadot.
“Their testnet is currently live. It is clocking in around 300 transactions per second. For reference, Uniswap can do like 15 transactions per second since that is the maximum transaction capacity for Ethereum right now. The plan for Polkadex is 20,000 transactions per second in the long run so they’re working on that technology right now. They’re currently building it. It’s code-named Pebble, the technology that they’re working on.”
Davis adds that Polkadex has teamed up with Snowfork, which is a two-way bridge that connects the Ethereum (ETH) and Polkadot ecosystems, to help bring any token into the Polkadot-based DEX. The crypto analyst also highlights that Polkadex could be the top exchange on Polkadot because it has the early mover advantage. Source LInk (https://dailyhodl.com/2021/02/22/crypto-trader-lark-davis-says-four-crypto-assets-built-on-polkadot-could-skyrocket-100x/)