Polkadot's auctions are going live soon. The first batch kicks off on Nov 11, 2021. Can't wait to see how this unfolds.
Parachain Auctions on Polkadot: What’s Happening?
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Yeah, they’re starting with a weekly schedule. Auction 1 runs from Nov 11 to Nov 18. Seems like they got a solid plan.
So, after the first batch, they’ll switch to every two weeks for the next round. Excited for Auction 6 in late December!
I’m all in on Acala for the auctions. It's a solid project. DOT will be locked for two years but worth it for those tokens.
Check out this quick guide on crowdloans for parachains. It breaks down the benefits for those contributing DOTs. Very handy.
Some are saying Polkadot is way overhyped. Limited parachains and all that. Octopus Network seems to be the better option, tbh.
stack_nonceSenior Member
Posts: 1 · Reputation: 1417
#7May 20, 2017, 07:43 PM
100 projects is enough for a decent ecosystem, right? The auction model feels sketchy to me. What do you guys think?
Participated in Moonbeam, was a wild ride. Astar's looking good too. Really believe in their potential.
Only 28 hours left till the first auction ends! A lot of DOTs are locked already, with Moonbeam and Acala likely at the top.
GrimDiamondFull Member
Posts: 1 · Reputation: 327
#10May 21, 2017, 12:45 PM
Congrats to Acala for winning the first auction! They’re joining the network soon. Can't wait to see what they’ll bring.
Just saw an update from SubDAO. They’re working on bridging Web 2.0 and Web 3.0. Exciting stuff!
bridg3_c1pherFull Member
Posts: 4 · Reputation: 435
#12May 21, 2017, 10:07 PM
I’m looking forward to batch 2. HydraDX is on my radar, their Omnipool concept is intriguing.
Manta’s got their testnet live now. Users can try out privacy features, which is a big deal for the network.
Centrifuge is starting their crowdloan soon. They’re all about interoperability in the DeFi space. Sounds promising.
bridg3_c1pherFull Member
Posts: 4 · Reputation: 435
#15May 24, 2017, 08:57 PM
Not sure how much privacy payments will improve, but Manta’s definitely advancing in that direction.
Honestly, DOT had a rough start with the auctions. Many are more worried about Bitcoin's price than Polkadot’s progress.
bridg3_c1pherFull Member
Posts: 4 · Reputation: 435
#17May 25, 2017, 07:01 AM
Interlay’s crowdloan is live. They’re bridging Bitcoin and DeFi. Really hope they pull it off.
I love the community vibes around Polkadot’s Parachain Photobooth campaign. Gotta get involved!
bridg3_c1pherFull Member
Posts: 4 · Reputation: 435
#19May 25, 2017, 02:42 PM
Real World Asset Market is launching on Aave soon. This could change the game for collateral in DeFi.
Heard the parachains are officially live! Winning projects are producing blocks. Feels like a big milestone.