Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Polkadot Forum => Topic started by: Kitaiev on November 05, 2021, 10:40:43 AM
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Which project do you submit your DOT coins to and why?
At the moment i've transferred my dot only to the Acala project. So far i don't really want to transfer my coins to other projects as i'm sure that Acala will win the first slot.
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Which project do you submit your DOT coins to and why?
At the moment i've transferred my dot only to the Acala project. So far i don't really want to transfer my coins to other projects as i'm sure that Acala will win the first slot.
It is now very difficult to say which coin will win the parachain auction of Binance Exchange. However, if you win your coins, you will be able to make a good profit.
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Which project do you submit your DOT coins to and why?
At the moment i've transferred my dot only to the Acala project. So far i don't really want to transfer my coins to other projects as i'm sure that Acala will win the first slot.
We are expecting good something from the preaching auction I think DOT project now hit lots of time wait we are so upcoming day we are very excited too see very good something.
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Acala token is an IDO at Polkadot and it looks like it would be a good project if the #DevelopmentTeam from Polkadot also helped develop the Acala token.
I saw it on Coinmarektcap and it is clearly stated that Acala is still in the Public Sale stage, there are times when we are still in a public sale then we have to be careful to be able to assess the project.
Hopefully, the Parachain developed by Polkadot will provide good profits for the Acala token, even though its position is still in the Public Sale and I am still monitoring this project until it is listed in various markets.
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It looks like i was mistaken and the first slot will be won by Moonbeam and after will be Acala.
You can track here - https://parachains.info/auctions/polkadot
1 Moonbeam 20 271 991 DOT ($922 781 017)
2 Acala 17 249 244 DOT ($785 185 608)
3 Astar 5 351 785 DOT ($243 613 264)
4 Parallel Finance 4 003 768 DOT ($182 251 532)
5 Manta Network 2 784 640 DOT ($126 756 818)
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For the first slot in Polkadot a serious battle is now underway! Now the leader is Aсala but yesterday Moonbeam had the palm twice.
# Project Funds Raised Contribution
1 Acala 29 058 731 DOT ($1 357 042 732) 23 122
2 Moonbeam 29 025 141 DOT ($1 355 474 088) 41 342
Who is your favorite?
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I have never submitted a DOT to any project. i don't know many projects built by DOT network. did you invest in Acala project? Is the project reliable?
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I have never submitted a DOT to any project. i don't know many projects built by DOT network. did you invest in Acala project? Is the project reliable?
Yes i contributed my dots for this project. This is a top project and as i predicted they won the first slot.
The auction for the first slot of the Polkadot parachain has ended. It was won by the Acala project, which was voted for by 32.5 million DOTs worth $ 1.2 billion.
Acala - 32,515,980 DOT.
Now the second slot will take Moonbeam at the present moment investors have been contributed for 34,287,227DOT
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Moonbeam wins second backed parachain slot on Polkadot
The Moonbeam Crowdloan has received the most contributions from the community. Over 200,000 attendees helped Moonbeam secure a spot on Polkadot. The average contribution was 170 DOT.
https://parachains.info/details/moonbeam
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Astar won the auction for the 3rd parachain slot on the Polkadot network with a total of 10,333,552 DOT
More than 27 thousand people took part in the Astar Network crowdleon!
https://parachains.info/details/astar
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Parallel Finance won the auction for the 4rd parachain slot on the Polkadot network with a total of 10 751 519 DOT
More than 4 thousand people took part in the Parallel Finance crowdleon!
Parallel - Lending Protocol
Supporting both Kusama and Polkadot assets, Parallel enables token holders and projects to flexibly and borderlessly put their idle capital to earn interests.
https://parachains.info/details/parallel_finance
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Clover Finance won the auction for the 5rd parachain slot on the Polkadot network with a total of 9 752 487 DOT
More than 5 thousand people took part in the Clover Finance crowdleon!
Clover is a substrate based smart contract platform built for Polkadot, with added support for Ethereum developers to participate in the Polkadot ecosystem. This will especially help existing DeFi projects on any EVM based blockchain to seamlessly port over their smart contracts onto a Polkadot infrastructure.
A few of the main pillars of the clover smart contract platform are interoperability, cross chain integrations, and a seamless multi-chain defi user experience. The set of products that Clover is starting to release reflects this interoperable and cross chain vision as the future of Web3, from the Clover extension wallet, to Cloverscan, to the underlying 2-way peg technology between Ethereum and Polkadot, and eventually support for non-Turing complete blockchains like Bitcoin
https://parachains.info/details/clover_finance
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The 2nd round of the Polkadot auction starts on December 23rd. But most projects are already actively collecting DOT
https://parachains.info/auctions/polkadot-6-11
It looks like slot 6 will take Efinity also for 1 of 6 slots Centrifuge claims and about the rest there is no certainty.
Already entered in Interlay by metrics so far it looks good.
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Auction 19 on Kusama is Ended. Win Crust Shadow
Crust implements the incentive layer protocol for decentralized storage. It is adaptable to multiple storage layer protocols such as IPFS, and provides support for the application layer. Crust’s architecture also has the capability of supporting a decentralized computing layer and building a decentralized cloud ecosystem.
Crust's decentralized storage layer provides a distributed file system. At the same time, Crust encapsulates some standard interfaces such as Amazon S3-like. Any application scenarios involving data storage, such as cloud services, edge computing, and decentralized applications, are the scenarios that Crust can adapt. Worth mentioning is that in edge computing scenarios, compared to centralized cloud storage, Crust's decentralized storage is closer to the edge, which can achieve relatively low cost and high performance.
Funds raised: 30 026 KSM
Contributions: 1 290
Reward: 1 KSM : 1 000 CSM
https://parachains.info/details/crust_shadow
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Which project do you submit your DOT coins to and why?
At the moment i've transferred my dot only to the Acala project. So far i don't really want to transfer my coins to other projects as i'm sure that Acala will win the first slot.
All winner are the best, because all these project get supported from contributors around the world. If this project is not good, how can people contribute to vote them, you think ?? So all winners are the best, choose the project that get highest contribute for each crownload is the good way
Efinity is gonna win one of the next slots and is gonna be big. It has such a small market cap too so it has hella room to grow.
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Which project do you submit your DOT coins to and why?
At the moment i've transferred my dot only to the Acala project. So far i don't really want to transfer my coins to other projects as i'm sure that Acala will win the first slot.
After all market condition is not good but DOT is not performing well day bay day DOT price is decreasing and there is no new project on the DOT network. I think for better performance dot need lots of good projects.
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Auction 6: WINNER Efinity - 7 695 377 DOT ($230 399 601)
Enjin is developing Efinity, a next-generation blockchain for digital assets, built on Polkadot.
Businesses and developers seriously need a platform that can deliver a modern, mainstream and developer-friendly NFT experience. Since the release of Ethereum, there have been attempts to build infrastructure and tokenization around this general-purpose computing blockchain, but there’s an ever-growing thirst for a better solution.
Creators are forced to work with crippling fees, inflexible smart contracts and disjointed interoperability. Adoption of today’s NFTs is still limited to die-hard crypto enthusiasts.
Contributions: 8 607
Reward: 1 DOT : 26+ EFI
https://parachains.info/details/efinity
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I've checked the info on Coinamrektcap and Acala is pretty good and ranks at 333, the marketcap is also big and this really makes me believe that Acala in the future will be able to support Polkadot's finances.
Every transaction from Acal definitely requires GAS from Polkadot coins, unconsciously also that Polkadot is bought directly by Acala coin users and this is called financial support from Polkadot coins.
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I'm new to the Bitay stock market, but I'm already enjoying myself. It's wonderful to have government backing, and the stock market is really stable.
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Some projects have been involved in the Crowdloan process for a while to win a Polkadot Parachain slot.A crowdloan is a way for new projects to garner the support they need to connect to the Polkadot network as a parachain.One of the names that is currently running the parachain action is Polkadex.DOT traders earn 2 Pdex for every DOT they lend.I suggest DOT owners take a look
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Some projects have been involved in the Crowdloan process for a while to win a Polkadot Parachain slot.A crowdloan is a way for new projects to garner the support they need to connect to the Polkadot network as a parachain.One of the names that is currently running the parachain action is Polkadex.DOT traders earn 2 Pdex for every DOT they lend.I suggest DOT owners take a look
Recently, Polkadex Crowdloan moved to batch 3 stage and the reward system is 10 times more than the previous stage.In total, there are 2M PDEX in rewards and an exclusive NFT collection for Polkadex Crowdloan contributors in batch 3 of the Polkadot parachain auctions.
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Aution on Polkadot is no longer receiving the attention of the community, but I still hope that the first successful projects will create a breakthrough and prove Polkadot's stability as layer-0.
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Parachain slot auctions are used as a means to decide which parachain will be connected to the relay chain. Of note, if a project does not need to lease a fully dedicated parachain slot, they can temporarily participate (on a block by block basis) with a parathread.
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I've checked the info on Coinamrektcap and Acala is pretty good and ranks at 333
Number 386 is the current ranking and the value of ACALA has fallen very hard and dumped very sharply.
It seems that the development of the ACALA coin is less popular with the Polkadot coin community, the result of which is now, namely Dump.
But for this Parachain on Polkadot until now it continues to be developed and the proof is now that Polkadot coins continue to rise and continue to stick to Polkadot coins and are included in the top 10 Coinmarketcap ranks.