Tag: Polkadot

Blockchain firm Enjin announced the launch of Efinity, the first parachain on the Polkadot network dedicated to non-fungible tokens (NFTs) and gaming. In the works since last summer, the Efinity parachain is courting games on existing smart-contract blockchains. Efinity’s ecosystem is set to be home to over 100 blockchain-based games and applications, the first of…

After months of development, the first five Polkadot Parachains launched to the Polkadot network last weekend. The feature will allow for multiple blockchain applications on the ecosystem. Some experts suggest the evolution of competing blockchain networks like Polkadot could threaten Ethereum’s spot as the leading chain for DeFi and DApps. The five parachains that went…

Acala, an Ethereum-compatible DeFi protocol for scaling DApps, has secured first place in Polkadot’s parachain auctions, with over 81,000 stakeholders locking up their funds in the crowd loan. As a result, the upcoming Polkadot DeFi hub raised nearly $1.3 billion from approximately 25,000 contributors in its token ICO. The first coveted Polkadot parachain slot was…

High-speed blockchain platform Polkadot has recently passed a proposal that enables registration and crowd loans for developers. The news has made the prices of DOT soar 15% to an all-time high. In response to the news, Polkadot’s native token DOT has climbed 15% higher in prices and is currently at $51.57. The Polkadot team announced…

Jason Pizzino, the crypto strategist and trader, said he’s keeping a close watch on Polkadot (DOT), Avalanche (AVAX), and two more altcoins as the crypto markets continue to flash signs of strength. In a new analytic video for his 200,000 YouTube subscribers, Pizzino said he expects interoperable blockchain Polkadot to continue surging to around $50…

Sooner or later, but it had to appear – a kind of “testing ground” for developing the most advanced blockchain initiatives, where it is very easy for developers to integrate their project, but there are no stability or security guarantees for it. On August 24, cryptocurrency developers in Polkadot announced that the Kusama network would…