Observation and Viewpoint
Polkadot Weekly Observation, is a summary of what happened to Polkadot’s entire ecology last week, and we will also share some of our observations on these events in the form of vernacular.This article is intended to provide information and opinions, and does not endorse any project.Any project mentioned is not for investment recommendation, but for information display only.
Observation and Viewpoint
1. Moonbeam becomes the second biggest winner
The second round of the Kusama slot auction is about to end, and Moonbeam will win it with a high probability. However, many friends don’t even know much about Moonbeam. We are in the east, and most friends may know more about Acala and Plasm, which have eastern genes. But don’t ignore the fact that the enthusiasm for cryptocurrency in the west is higher than that in the east. ,so,There is also a project in the west, and this object is Moonbeam。
Gavin Wood: You can recreate an Ethereum in Polkadot, but you cannot make a Polkadot in Ethereum.
As Gavin said, an Ethereum can be completely recreated on Polkadot, and Polkadot itself does not have the function of smart contracts (mainly referring to its relay chain without smart contract functions, but the parallel chain is Smart contract function modules can be added). so,Polkadot ecology will definitely have a parachain that can carry smart contracts, and Moonbeam is such a project. Maybe Gavin just made a metaphor back then, but the speaker has no intention, but the listener has the heart. Moonbeam decided to become such a role and build an Ethereum on Polkadot.
Moonbeam supports Ethereums Solidity smart contract language and is compatible with Ethereums virtual machine EVM, developers in Ethereum can easily deploy mature applications on Ethereum to Moonbeam without adjusting the code. If you have been reading our articles for a long time, you will definitely notice that one of the biggest reasons for the success of Binance Smart Chain BSC as we mentioned before is that it is compatible with Ethereum’s EVM and Solidity, and can quickly integrate Ethereum The ecology is imported to the BSC. In the same way, Moonbeam has also received a lot of support from many existing DeFi projects on Ethereum, including some familiar projects such as DODO, The Graph, Balancer, and Chainlink.
Therefore, Moonbeam is also very popular at the capital level. The two main players in the craziest investment in the primary market last year are the two largest cryptocurrency exchanges in the world, Binance and Coinbase. andPureStake, the development company behind Moonbeam, has harvested two olive branches at the same time. In March of this year, PureStake, the development company of the Moonbeam smart contract platform, announced the completion of strategic financing of US$6 million, led by the blockchain investment company CoinFund, IOSG Ventures, Binance Labs, ParaFi, Coinbase Ventures, Fenbushi Capital and all previous seed rounds Investors participate.
However, the development of the project itself needs further observation.In particular, DeFi is likely to be the tipping point of the ecology, and Moonbeam, the first Acala and the third Plasm can all show their talents in DeFi, As for the specific winner, just wait for the actors to play and see how they perform in detail.
2. Kusama slot auction is about to enter the stage of grabbing people
The Kusama slot auction has now entered the stage of grabbing people. How do you understand it? we need to understandThe 2+5 slot auction mechanism designed by Kusama, this mechanism is a safety period for the first two days of open bidding, although the next five days are also open bidding, but the end time is a random time within these five days, so at the beginning of the next five days, if you want to participate in the slot Each project side of the auction will shoot out most of the bullets.
In fact, in the first two days of the first slot auction, it was the first time for the major project parties to show their muscles. At this time, when the gap is obvious, there is basically no suspense. For example, this Kusama slot auction The gap between the top three and the next few is wide. Of course, this does not mean that other projects are not good.It is that the top-ranked projects have been developed for a longer time after all, and have a deeper foundation and more support, The latter project may also come from behind because of its unique track.
Speaking of the auction, when there is basically no suspense in the first three, the competition will often occur when the gap is not large, so the fourth and fifth Kusama slots will become the places where the remaining project parties will stimulate competition.
So, starting this week,Some project parties have begun to increase the rewards received when participating in their crowdlending, further incentivizing users to support them. And such actions will no longer be uncommon in the next period of time. Moreover, these projects will further increase their publicity, and the talent grabbing stage will officially begin.
3. The US interest rate hike is expected to accelerate, and if the market rebounds, it will be difficult to form a reversal
June 28th, according to CME Fed Watch: The probability that the Fed will maintain interest rates in the range of 0%-0.25% in September is 96.7%, and the probability of raising interest rates by 25 basis points to the range of 0.25%-0.50% is 3.3%; 11 The probability of maintaining interest rates in the range of 0%-0.25% is 0%, the probability of raising interest rates by 100-125 basis points is 0.6%, the probability of raising interest rates by 125-150 basis points is 96.1%, and the probability of raising interest rates by 150-175 basis points is 0%. The probability is 3.3%.
The understanding of this news is that the expectation of raising interest rates in the United States has been advanced, and it is very likely that interest rates will start to increase in November. If there is no particularly serious incident,This is equivalent to predicting that the market will not be very good in a few months, but it should be noted that capital tends to act in advance, Dont just stare at the time node of November.
Therefore, if there are times when the market is not bad during the past few months, I hope everyone will not be too optimistic that the cattle are back, butshouldBe wary that this should only be a rebound, not a reversal of the trendPolkadot Dynamics
The following is the introduction of Polkadot Ecological News last week, please enjoy.
Polkadot Dynamics
[Kusama releases node client v0.9.5 to welcome the first parachain]
On June 20, Kusama announced the release of node client v0.9.5. This client update mainly adds the upper limit of the number of nominators on the chain to solve the expansion problem of Polkadot network pledge. In Kusama and Polkadot networks, at least To become a nominator, you must pledge 0.1 KSM or 20 DOT, and the number of nominators is limited to 20,000. This update is planned to be carried out during the operation of Kusama today, and the update time of the Polkadot network will be determined according to the operation of the Kusama network, and the specific results need to wait for the results of the governance vote. The Kusama team recommends upgrading the client to this version first, and upgrading as soon as possible to prevent the network from being out of sync after the update.
[Polkadot official post: We are one step closer to an interoperable multi-chain vision! (It can be viewed on the PolkaWorld public account)]
Starting from the launch of Kusama Chain Candidate 1 in August 2019, Kusama started a multi-stage launch process until today we finally launched a parachain auction on Kusama. In order to prepare for the first parachain slot auction on Kusama, some teams have deployed parachains on the Rococo and Westend testnets for testing and optimization several times.
This important phase brings us one step closer to actually deploying parachains on Polkadot, which will formally launch the network according to the original goals and vision outlined in the Polkadot whitepaper.
[Polca Weekly: The second Kusama slot auction will end on June 29, and Moonriver may win the second slot]
According to PolkaWorlds Polkadot Weekly, the second auction of Kusama this week will end on June 29.
l The second auction will end at around 15:30 on June 29th
l Currently the highest bidder is Moonbeam’s canary network Moonriver
l Including ongoing and completed Crowdloans, 854,412 KSM (about 7.6% of total issuance) have been locked in Crowdloans!
Details of the specific slot auction can be found at: https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Fkusama.elara.patract.io#/parachains/crowdloan
big ecological news
big ecological news
[Acalas Pioneer Network Karura won Kusamas first parachain slot, crowd-loaned more than 500,000 KSM, and the second round of slot auction has started]
On June 22, Polkadot DeFi platform Acala Pioneer Network Karura tweeted that in the Kusama parachain slot auction, the Karura community had crowdfunded over 500,000 KSM from 15,000 independent addresses (excess supply) 5% of
【Kusama Darwinia Crab Global Creative Competition Begins】
Kusama’s first parachain slot auction has started. As of 6.15, Subvis data shows that the total Kusama parachain slot auction has exceeded about 600,000 KSM! Darwinia Crab is participating in the Kusama parachain slot auction and wins the auction. The contribution ratio of KSM will share 240,000,000 CRING + 6,000,000 RING rewards, as well as limited evolution Odaily NFT reward packages and the ultimate lucky prize BTC! ! !
[Crust X CoinMarketCap 9 million CSM large-scale airdrop event officially launched]
Beijing time, at 8:00 p.m. on June 21st, the Crust X CoinMarketCap 9 million CSM large-scale airdrop event will be grandly opened! This airdrop will draw 1,000 people after the event ends on June 30, and each will receive a reward of 9,000 CSM!
[Polkadot ecological smart contract hosting platform t3rn announced to join the Patract Open Alliance]
t3rn is officially the newest member of the groundbreaking Patract Open Platform (Wasm Contract Alliance, https://open.patract.io/#/). The alliance is initiated and operated by Patract Labs (https://patract.io/zh) and is a community-centered initiative. Patract Labs is a long-term parliamentary member of the Polkadot and Kusama councils, and successfully applied for and passed 13 treasury projects motion.
[Apron Network has completed the access of the first batch of node service providers, and can provide services on BSC, Heco, Polygon, Polkadot, COSMOS, Kusama, Mina and other public chains]
On June 1, 2021, Apron Network officially launched a recruitment plan for node service providers. In order to encourage more high-quality service providers to join, Apron initially launched a series of reward plans for service providers, and the Apron team will also provide technical services for service providers support to meet the needs of some teams.
So far, applications from 15 service provider teams have been received. The first batch of node service providers can provide services on BSC, Heco, Polygon, Polkadot, COSMOS, Kusama, Mina and other public chains. It can be said that as a multi-chain decentralized infrastructure service network, this step of Apron Network represents This is an important step towards the formal construction of a multi-chain platform.
At present, Apron Network has successfully connected 10 node service providers on BSC and Heco, and has also received applications from service providers of other public chains. After that, node service providers of other public chains will be connected one after another to provide more Ecology provides services.
【0.Exchange brings Omnidex to the Polkadot ecosystem by deploying to Moonbeam】
Moonbeam is pleased to announce the integration with 0.Exchange. 0. Exchange Omnidex currently has blockchains such as Ethereum, Avalanche, and Binance Smart Chain (BSC), and is deployed to Moonbeam to obtain the Polkadot blockchain.
[Morningstar Ventures becomes Polkastarters new council member]
Polkastarter is proud to announce that Morningstar Ventures, a long-time Polkastarter supporter and early investor, has become a new board member. The Polkastarter Council is an independent review body that is critical to the operation and development of the Polkastarter ecosystem. Composed of various commercial entities and individuals, the Council plays a key role in the selection and management of Polkastarters online projects. The industry experience and expertise of the council members can enable Polkastarter to select and help the most promising projects in the field of blockchain and digital assets.
[Acala Pioneer Network Karura successfully produced blocks within three hours after obtaining Kusamas first parachain auction slot]
It’s official, the first Kusama parachain slot auction has concluded and the first batch of parachains have successfully connected to the Kusama relay chain, providing the last core feature outlined in the Polkadot whitepaper: a purpose-built, interoperable Parachain. The highest bidder of the first auction was Karura, the DeFi hub for the Kusama and Acala sister networks, which automatically joined the first parachain slot and started successfully producing blocks within just three hours of the auction closing. Acala is the cross-chain decentralized financial DeFi center of the Polkadot ecosystem, and Karura will serve the Kusama community.
[OpenSquares paid question-and-answer platform CoinAsk.io is launching a campaign to collect Slogan with prizes]
In order for users to better understand the collaboration methods promoted by CoinAsk.io, from June 23rd to June 30th, OpenSquare is soliciting platform Slogans from the community. In this event, CoinAsk.io will select the most suitable slogan for the platform and reward 1,000 αOSNs. The awards will be judged and the results will be announced on July 1st. At the same time, several high-quality awards will be selected, and 100 αOSNs will be rewarded. Rewards will be distributed to the winning participants account within 3 days of the draw
【Polkadots ecological IoT project MXC Jiyu has launched a smart agriculture Eco plan, and has reached a cooperation with Yangcheng Lake to provide intelligent hydrological monitoring support for Yuanhai Technologys aquaculture】
On June 23, 2021, MXC announced the Smart Agriculture Eco Plan (MXC Eco Initiative). This plan is a brand-new project of MXC in empowering agricultural smart applications with Internet of Things technology. MXC will provide point-to-point support to agricultural enterprises, use LPWAN network and Edge AI (edge computing) to help small and medium-scale agricultural production, and promote precision, Intelligent and scientific smart agriculture development.
MXC’s Eco plan is the first to reach cooperation with Yangcheng Lake. MXC will provide intelligent hydrological monitoring support for Yuanhai Technology’s aquaculture. All kinds of data will be uploaded to the cloud through MXC’s LPWAN network in real time, so that farmers can monitor environmental conditions in a timely manner. , according to the data feedback for refined breeding adjustments.
[The first batch of ZenlinkDAO Initial Governance Committee members announced, opening a new starting point for governance]
On May 14th, the Zenlink team issued an announcement announcing the launch of ZenlinkDAO Bootstrapping Governance under the suggestion of the Zenlink Foundation.
After the announcement, the Zenlink Foundation received a large number of applications from the community, institutions and media. However, since the ZenlinkDAO Initial Governance Committee plays a vital role in the guiding governance of ZenlinkDAO, the Zenlink Foundation and the applicants have repeatedly In-depth communication and communication, the following members will be formally selected as the initial governance committee of ZenlinkDAO: (in no particular order) Zenlink Foundation, PolkaWorld, Polkadot Ecological Research Institute, BlueMountain Labs, Gyro Finance, HappyBlock, SSSnodes, DFG, ZBG Capital and crypto KOL Cao Yin.
At the same time, Zenlink has also received many applications from overseas, and is currently in the process of gradually communicating and communicating. It will be the second batch of members of the ZenlinkDAO Initial Governance Committee and will be announced in due course, so stay tuned!
[Apron Network, a decentralized infrastructure service network platform, will start liquidity mining on Pancake]
Apron Network is committed to building a decentralized infrastructure service network platform, linking infrastructure service providers and Dapp developers, allowing service providers to publish any type of service and benefit from it. Apron Network will provide developers with various types of infrastructure services such as node services, on-chain data indexes, quotes, and random numbers, and will be deployed on Kusama, Polkadot, Ethereum, Heco, BSC, Filecoin, Helium, including Layer 2, etc. Provide services on the public chain.
At present, Apron Network has provided node services on BSC and Heco, and has also started the recruitment of node service providers in various ecosystems. In order to promote the development of the Apron ecosystem, Apron Network decided to start liquidity mining on Pancake Swap on Binance Smart Chain (BSC). mining activities.
[Polkadot’s ecological oracle machine and prediction protocol OptionRoom will launch prediction market products on July 1]
Polkadots ecological oracle machine and prediction protocol OptionRoom will launch prediction market products on July 1. It is reported that OptionRoom is a user-governed oracle and prediction protocol.
[Khala, the leading network of Polkadot privacy computing project Phala, has upgraded the reward part of the slot bidding strategy]
Currently, the second round of the Kusama parachain slot auction is in full swing. According to the latest data from polkadot.js, the number of KSM pledged for Khala has exceeded 20,000.
In order to achieve the established goals of preparing for the mainnet launch and opening Phala mining as soon as possible, the Phala team has now decided to make a major upgrade to the reward part of the Khala slot bidding strategy. The original rewards are increased, and NFT rewards Khala honor gems are added.
[PlatON and Polkadot cross-chain bridge PlatDot completed the first phase of development, and two new members, HashQuark and ComingChat, joined the PlatON ecosystem]
Previously, PlatON has reached an all-round strategic cooperation with ChainX and PolkaWorld to jointly promote the PlatDot project and jointly draw a healthy and stable PlatON ecological blueprint. Today, when the first phase of development of PlatDot is completed, its cross-chain ecology welcomes two new members, HashQuark and ComingChat, to form a trend of complementary advantages and cohesion. In the future, the five parties will work together to jointly explore the integration and innovation of PlatON ecology and Polkadot ecology applications, promote multi-party network interaction, and finally realize the blockchain mission of value and information sharing.
【SubDAO Launches the First Global Meme Community Creative Contest】
In order to enrich the Meme culture in the SubDAO community, in order to stimulate the creativity of the community members, and hope that more and more community members will become part of our blueprint, SubDAO officially launched the first Global Meme Community Creative Competition.
[Equilibriums leading network Genshiro announces improvements to rewards for Crowdloan participants]
Equilibriums leading network Genshiro considers the enthusiasm of users and believes that it is most suitable to distribute GENS tokens more evenly, so the official introduced an improved reward mechanism, which increased the reward by about two times.
[The new version of Coming, a communication software focusing on user privacy and security in Polkadot ecology, has been launched]
Ecological cooperation
Ecological cooperation
[Blockchain game development platform Enjin announced a strategic partnership with Unbound Finance to introduce the UND stablecoin into Efinity and Polkadot]
According to Altcoinbuzz, the blockchain game development platform Enjin has reached a strategic cooperation with the liquidity unlocking platform Unbound Finance to introduce the UND stablecoin into Efinity and Polkadot. Unbound Finance is a non-custodial, decentralized, liquidity-providing and token revenue generation platform. It has currently merged with 12 top automatic market maker (AMM) platforms, including Uniswap, SushiSwap, Balancer, and PancakeSwap. Its UND stablecoin is One of the most decentralized stablecoins currently available. In early June, Unbound Finance announced the completion of a US$5.8 million financing round led by Pantera Capital. This cooperation plan is closely related to this round of financing.
Enjin CEO Maxim Blagov noted that the partnership with Unbound will create a favorable environment for DeFi players to enjoy the myriad of opportunities embedded in the fast-growing ENJ ecosystem. The partnership will also ensure continued liquidity for Efinity.
[Polkadot ecological NFT trading platform NFTMart has reached a strategic cooperation with the well-known domestic art institution Bu Er Jiang Xing]
Polkadots ecological NFT trading platform NFTMart announced a strategic cooperation with the well-known domestic art institution Bu Er Jiang Xing Art Space. NFTMart will focus on incubating cutting-edge young artists to enter the NFT art market together with FUERJIANG Xing, and present their own artistic propositions with more freedom and cutting-edge technology. Bu Er Jiang Xing Art Space is the first Folk Art Research Camp in Shanghai, which gathers masters and inheritors of traditional Chinese painting and calligraphy. In recent years, Bu Er Jiang Xing has focused on the incubation platform for cutting-edge young artists, trying to present young peoples artistic propositions with a modern vision and a passionate attitude.
【Phala Network and Bit.Country reached a strategic cooperation】
On June 24, Phala Network announced a strategic cooperation with Bit.Country, a New Zealand blockchain technology service provider.
Bit.Country is an application based on the blockchain platform and protocol. It has functions such as NFT, timeline, and 3D virtual world view to help users build virtual worlds. In the future, Phala will provide privacy infrastructure services for Bit.Country, making it possible for Bit.Country to provide users with a virtual world with privacy characteristics, NFT, and encrypted information.
[NFTMart reached a strategic cooperation with the graffiti art community BDMG]
Recently, Polkadots ecological NFT trading platform NFTMart announced a strategic cooperation with the graffiti art community BDMG.
NFTMart joins hands with BDMG to bring the art form of graffiti to the NFT world, recommending more excellent investable NFT assets for NFT collectors and investors.
BDMG was established in Beijing in 2018. It is the only graffiti artist promotion project in China. It has signed contracts with 30 Chinese and foreign graffiti artists and maintained long-term cooperative relations with top Chinese and foreign curators.
BDMG is an international non-profit organization that mainly promotes youth culture. Its purpose is to use the HIPHOP culture that young people love to establish a friendship platform for Chinese and foreign exchanges. Many international competitions such as graffiti and street dance have been successfully held in Beijing, Shanghai, Shenzhen, Tianjin, Xian, Nanjing, Hokkaido, St. Petersburg and other places.
[Automata and Pocket announce cooperation: join hands to build Web3.0 cutting-edge privacy technology]
The current microtransaction activity on the Internet may be distressing, however, we believe that with the continuous improvement of application privacy protection, the situation will be completely changed. As a decentralized service protocol, Automata Network can provide a privacy middleware layer for dApps in multiple blockchains.
Pocket Network has been sparing no effort for the wide application and development of Web3, which coincides with the mission of Automata Network. Taking this as an opportunity, the cooperation between the two teams can be described as a matter of course, and the two parties will further promote the dApp market derived from the decentralized economic system.
【Apron Network and MathChain have reached a strategic cooperation】
Upcoming Events
Upcoming Events
【PolkadotFriends Chat will be held in Hangzhou】
Polkadot Hackathon is a developer hackathon entrepreneurship competition in the Polkadot ecosystem, co-hosted by Parity, PolkaWorld and the OneBlock+ community. From July 17th to 18th in Hangzhou, more than 100 developers will be recruited again to combine the theoretical knowledge based on the Substrate framework with practical development to create more innovative products in the Polkadot ecosystem. The winning team will receive generous bonuses, technical and resource support, and truly become a member of the Polkadot ecosystem. Registration address:https://hz.huodongxing.com/event/9603647253300
【Registration for the 2nd Summer Polkadot Hackathon Competition Open】
Polkadot Hackathon is a developer hackathon entrepreneurship competition in the Polkadot ecosystem, co-hosted by Parity, PolkaWorld and the OneBlock+ community. From July 17th to 18th in Hangzhou, more than 100 developers will be recruited again to combine the theoretical knowledge based on the Substrate framework with practical development to create more innovative products in the Polkadot ecosystem. The winning team will receive generous bonuses, technical and resource support, and truly become a member of the Polkadot ecosystem. Registration address:
https://shimo.im/forms/gphHCQHpkXYcwKGP/fill
Thanks to PolkaWorld, the first Chinese community of Polkadot, and Blockchain Knights for their support of this article.
Thanks to PolkaWorld, the first Chinese community of Polkadot, and Blockchain Knights for their support of this article.
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In view of the endless emergence of Polkadot ecological projects, but the inferior projects and scam projects are full of them, it is worthy of vigilance. On the other hand, it is difficult for groups only on the Polkadot project side to understand the whole picture of the entire ecological development of Polkadot, and miss many opportunities.
Therefore, we decided to establish a Polkadot ecological group, which can openly discuss all Polkadot ecological projects. Everyone can objectively share their views on each project, understand the development of each Polkadot project, and exchange information to seize opportunities together.
Pay attention to the official accountPolkadot Ecological Research Institute, reply Join the group and add friends to the group.
