Editor's Note: This article comes fromBlock beats BlockBeats (ID: BlockBeats), reprinted by Odaily with authorization.
Editor's Note: This article comes from
Block beats BlockBeats (ID: BlockBeats)
Block beats BlockBeats (ID: BlockBeats)
, reprinted by Odaily with authorization.In 2020, with the gradual launch of the Polkadot mainnet, the first upgrade of the parachain test network Rococo, and the opening of DOT transfers, the Polkadot ecosystem has begun to enter an explosive period. However, with the popularity of ecology, scams under the name of "Polkadot" ecological projects have also surfaced.Many users are still confused about what Polkadot ecological projects are and the development of these projects. On the evening of August 25th, Lu Yuanyuan, the product manager of Math Wallet, commented on the development of the current Polkadot ecological project. After obtaining his consent, Rhythm BlockBeats compiled some of his views on the Polkadot ecological project into an article and published it as follows.
Rhythm BlockBeats has been organized and compiled without affecting the original meaning.
Regarding how to identify the authenticity of the Polkadot ecological project, you can check the Polkadot Chinese community's "
A Guide to Identifying True and False Polkadot Ecological Projects
"article.
To sum up, the Polkadot ecological public chain must be developed based on Substrate if it is selected into the Polkadot official support plan (Web3 Foundation Grant funding project); if it is not included in the official website, it is difficult to say that it is a Polkadot ecological project (but Official collection may be delayed)https://www.crowdcast.io/polkadot1. Polkadot ecological projects that have obtained the Web3 Foundation Grant, some projects have not issued coins). The Web3 Foundation Grant program started in December 2018 to help management and support teams build decentralized technologies for the future of Web3.0. In May 2020, the Web3 Foundation Grant Program has funded 100 projects, 83 teams, and 24 new chains. (Rhythm BlockBeats Note: The Web3 Foundation is the development company of the Polkadot blockchain project.)http://www.polkaproject.com2. The Polkadot ecological public chain must be developed based on Substrate. Web3.0 Bootcamp and Parity saw that these cooperations were selected, and it can be regarded as a Polkadot ecological project with a high probability.
3. You can also get fresh Polkadot updates by following and subscribing to official information
; another query site
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Basic Tool - Wallet
Another wallet, PolkadotJS, although not official, has almost become a must-have web wallet.
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Basic Tools—Browser
There are also many options for browsers. But basically the usual Subscan browser is enough.
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Polkadot Ecological Project Overview
In addition to the Polkadot mainnet, currently well-known projects including Kusama, Edgeware, Acala, Darwinia, Stafi, Phala, Bifrost, Plasm, Kulupu, Centrifuge, Westend, and ChainX also belong to the Polkadot ecosystem.
Kusama, Polkadot's early experimental network, has now developed into an independent public chain. Its token KSM has risen by 170% in the past week, and Polkadot is the first network, so the market enthusiasm is too high, and chasing higher may be risky.
Edgeware, the Polkadot smart contract chain, locks ETH to get its token EDG airdrop for free. However, the team has hardly updated the dynamics and project progress for a long time. It is understood that it has recently claimed to be upgraded. Its token is up 17% for the week.
Acala Network, the chief Defi of Polkadot, is no less than MakerDAO of Ethereum. The valuation is huge, and it is a member of the Polkadot Council, an orthodox Polkadot Defi project. Rhythm Note: The token ACA has not yet been launched on the trading platform.
Darwinia Network (Darwin), a veteran project, used to be the evolution of Odaily, and now it is the Polkadot heterogeneous cross-chain bridge protocol. The team has many years of experience and developed Subscan, which occupies the traffic portal of the Polkadot browser, which is equivalent to the status of the Ethereum browser. Rhythm note: Darwin has two tokens, RING and KTON. KTON is essentially a derivative token of RING, which encourages long-term locking and entrustment. RING equity pledge participants can get KTON as a reward by locking RING for 3-36 months to make up for liquidity loss.
Stafi Protocol, the team formerly known as Wetez Wallet. The solution to release the liquidity of Staking supports multiple public chains. The Stafi Protocol concept is bigger than a pure Polkadot project. Rhythm BlockBeats Note: The project has launched the token FIS distribution plan on August 25, and plans to launch the trading platform in September.
Phala Network, a private computing parallel chain on Polkadot. The field is slightly small, it is difficult to obtain chips, and the technical level of the project party is sufficient. It is recommended to keep an eye on it.
Bifrost, DeFi with PoS tokens. Providing Staking services, similar to Stafi, these concepts are mainly based on market share and quality of partners, it is a good Polkadot project.
Plasm Network, Polkadot's layer2 solution, a project of the Polkadot community in Japan. The team is small, and there are lock-up and airdrop mechanisms, but the community foundation is poor, or smart contracts are being prepared.
Kulupu, launched in September 2019, is based on Substrate's POW public chain using the Monero mining algorithm RandomX. The community is mainly driven by Parity members and developed by engineer Wei tang. At present, the only POW public chain in the Polkadot ecosystem has 28.5 million pieces in circulation, and each block is currently rewarded with 60 KLP.
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Centrifuge Token Allocation Criteria
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privacy layer
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internet of things
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smart contract
Moonbeam>IOT + Polkadot is personally not recommended to consider, but MXC may be noticed by the market, but you should pay attention to the risks.
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smart contract
DeFi sector
data storage
Sora (Sora, token XOR) is an implementation case of a decentralized autonomous economy (DAE), a decentralized application based on Polkadot.
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data storage
Oracle
expansion
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other
expansion
Celer and Plasm are Polkadot's two-layer network solutions. It is recommended to pay more attention to Celer, which is also the second-layer network solution of Ethereum. The rest are mostly overseas projects, and there is not much publicity at home and abroad, and will continue to follow up.
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other
Coinversation, the first synthetic asset protocol on Polkadot. It just appeared some time ago, so you can keep an eye on it. Users can mint the system's default stable currency CUSD by mortgaging CTO or DOT.
To sum up, there are more than 150 Polkadot projects in total, which are mainly divided into several categories:
1. Non-Polkadot native projects that have crossed over from other chains have their own coins and have realized value growth with the launch of the mainnet.
