Polkadot parachain testnet Rococo V1 press conference announced that the testnet will be launched on Christmas Eve and is expected to support about 10 parachain projects. Related Information.
Following the Phase I "Polkadot Parachain Slot Auction Participating Project Overview", HappyBlock once again organizes an overview of the MXC, Konomi Network, MoonBeam, ONT, Edgeware and Equilibrium projects’ plans for the Kusama and Polkadot parachain slot auction plans. I believe Parachain auctions are still one of the things to look forward to in 2021.
1. Using the dual token incentive mechanism of the project’s native token MXC and the “Data Highway” project token DHX, the project team will do its best to compete for the first batch of Polkadot parachain slots;
1. Using the dual token incentive mechanism of the project’s native token MXC and the “Data Highway” project token DHX, the project team will do its best to compete for the first batch of Polkadot parachain slots;
1. The project will first establish an independent testnet, then participate in Kusama’s parachain auction, and then participate in the Polkadot mainnet’s parachain auction;
Konomi Network：
1. The project will first establish an independent testnet, then participate in Kusama’s parachain auction, and then participate in the Polkadot mainnet’s parachain auction;
2. The Moonbeam team is still waiting for the Parity team's more accurate schedule for the parachain auction;
Moonbeam：
1. Moonbeam is currently running the test network and plans to participate in the Kusama parachain auction as soon as possible, and is expected to be officially launched before the Polkadot parachain auction;
2. The Moonbeam team is still waiting for the Parity team's more accurate schedule for the parachain auction;
1. Ontology integrates the decentralized identity solution DeID into the Polkadot chain, which will help Ontology build a parachain on the Polkadot chain in the future and participate in the parachain slot auction;
ONT：
1. Ontology integrates the decentralized identity solution DeID into the Polkadot chain, which will help Ontology build a parachain on the Polkadot chain in the future and participate in the parachain slot auction;
2. In addition, technologies such as Ontology credit score Oscore and DDXF will also be gradually applied to the Polkadot ecosystem.
Edgeware：
At present, Edgeware’s parachain slot bidding scheme is still in the discussion stage, and the incentive scheme is mainly as follows:
1) Allocate 1.5%-3.5% of the Edgeware network to auction crowdfunding supporters;
1. First, Equilibrium will have a swap plan, and the team will sell EQ tokens and convert them into DOTs for the reward plan;
Equilibrium：
1. First, Equilibrium will have a swap plan, and the team will sell EQ tokens and convert them into DOTs for the reward plan;
2. Secondly, Equilibrium will be used to ensure that the opportunity cost of DOT can be covered during the auction of the crowdfunding module, and there is a premium higher than the cost price, so as to attract more investors to support us;
3. The specific mechanism and detailed arrangements are still under discussion.
In the future, HappyBlock will continue to pay attention to the Polkadot parachain participation project dynamics and incentive plans, so stay tuned.
