POLKADOT COULD MAKE YOU HUGE GAINS!!! CROWDLOANS EXPLAINED

 

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Since Polkadot’s main net launch in May 2020, its core relay chain has been live for almost a year now – while the highly anticipated parachains have not become a reality yet.

However, in recent months, there has been no lack of attention and anticipation surrounding the Polkadot ecosystem, as the project – brought to life by Ethereum Co-founder Gavin Wood – has promised nothing less than to deliver the most robust and scalable layer 1 protocol.

What catapulted Polkadot so far ahead of its competition and attracted hundreds of developers and projects is the project’s innovative and collaborative approach, with cross-chain interoperability at the core of Polkadot’s vision.

Not having the ambition to be an “Ethereum killer” and at the same time delivering top-notch technology has allowed Polkadot to leapfrog old layer 1 protocols like EOS, NEO, or Tron, before even being fully operational.

Explosive Growth of the Polkadot Ecosystem

With the anticipation of Polkadot’s tech going live soon – lightening the load on the Ethereum network and allowing DeFi to go full throttle – we have seen explosive growth in the Polkadot ecosystem:

Not just DOT itself but also its “wild cousin” Kusama and the many emerging Polkadot projects have gained a lot of traction and seen impressive price rallies.

DOT has climbed from a $5 billion market cap to over $40 billion this year alone, now consolidating healthily in the $30 to 40$ billion market cap range. With Ethereum, Solana, and Co. having stolen the show in the last weeks, it seems just a matter of time before DOT starts its next run.

What’s Next for Polkadot and Kusama

We have seen that the Polkadot ecosystem has already seen massive growth. But all of these price rises have occurred before Polkadot and Kusama have even become fully functional – so what can we expect going forward?

While Polkadot’s and Kusama’s relay chains are already running and many Polkadot projects have come to market by launching their MVPs on Ethereum, everyone is now eagerly waiting for Kusama and Polkadot to enter the next stage. The critical piece missing are the highly anticipated parachain auctions.

The launch of parachains will most likely transform the current blockchain and DeFi landscape, as the whole Polkadot ecosystem with dozens of projects on standby gets turned on.

The Hottest Polkadot Projects

After seeing that parachain auctions are imminent and that they could spark further explosive price growth for both DOT and Kusama, let’s focus on emerging Polkadot projects, which are set to enter the spotlight again soon.

Outlook

Projects building on Polkadot have already made quite some waves in recent months, with several impressive “Polkadot seasons” in last winter and spring. But true FOMO will kick in when these projects can finally roll out their protocols on Polkadot and Kusama after parachains have gone live. Therefore, it is an excellent time to focus on these high-potential Polkadot projects now before they draw attention from the masses.

With institutional interest in DOT and demand due to the upcoming parachain auctions rising, both DOT and Kusama are set to head into a very hot summer.

Looking at the prices of DOT and Kusama, both show healthy consolidation patterns, possibly setting up for further price runs. All, of course, depends on a smooth occurrence of the hotly anticipated parachain auctions and a subsequent “activation” of the Polkadot ecosystem.

If things go well, it will mark the beginning of a new era of blockchain technology, with adoption set to kick in heavily over the following months and years.

The big beneficiaries will be those who were able to identify high potential projects launching on Polkadot and Kusama – such as ACA, Karura, or Phala – early on and profit from their growth going forwards.

Timestamps:
0:00 Intro
1:00 Polkadot overview
2:00 NOT an ETH killer
3:00 Nothing live yet = big opportunity
3:40 Parachain Visual
4:50 Expert Breakdown of Crowdloans
9:00 Why Crowdloans are more ethical
9:45 A big step forward
10:40 Price Analysis
11:24 First movers on DOT
14:16 This ecosystem is going to blast off
15:15 Outro

#Crypto​​ #Bitcoin​ #Ethereum​

DISCLAIMER: This is not financial advice! This is an entertainment and opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing. DYOR!

POLKADOT COULD MAKE YOU HUGE GAINS!!! CROWDLOANS EXPLAINED

StormGain Review

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Created by Sara Bauer and Richard Abermann

46 comments

  1. I have my parachain moonbags hanging around – quite patiently I might add. Thank you for confirmation.

  2. T•h•a•n•t•s =for= w•a•t•c•h•i•n•g =d•o•n•’t
    f•o•r•g•t =to= s•u•b•s•c•r•i•b•e= A•n•d=
    k•e•e•p =i•n•t•o•u•c•h= o•n=
    W•h•a•t•s•A•p•p= m•e
    +1•5•6•1•2•6•0•5•0•1•4

  3. Dot for the crown! Would love a video on how to get acala and the likes as early as possible.

  4. Acala, Karura, Phala and other projects that win parachains will be so exciting to follow…

  5. Thanks for your feedback. For more guidance.
    W….T….H….A….S….A….P….P

    +1..4…0..4. 3..4…1…‑1…1…0…8,,

  6. So basically, DOT is not an ETH killer but an ETH enhancer. Hopefully the market cap will start to grow again and show renewed interest in this asset.

  7. Thanks for your feedback. For more guidance.
    W….T….H….A….S….A….P….P

    +1..4…0..4. 3..4…1…‑1…1…0…8,

  8. Thanks for your feedback. For more guidance.
    W….T….H….A….S….A….P….P

    +1..4…0..4. 3..4…1…‑1…1…0…8,

  9. That was helpful. I already own some DOT and KSM. Better late than too late to start exploring some fundamentals of these eco-systems.

  10. Alright~
    W•H•A•T•S•A•P•P
    +•1•8•5•6•3•4•9•3•4•5•0
    I•n•v•e•s•t•<>in<>C•r•y•p••t•o
    B•T•C<> A•N•D<> •E•T•H…..!!!!!

  11. ChainX is going to be massive when this all kicks off. So much going on with it too, first halving in 24days, KSX Airdrop for kusama, the auctions…. so much content 😉 🚀🚀🚀

  12. 👍
    W•H•A•T•S•A•P•P
    +•1•2•2 •4 •4 •7 •5 •1• 7 •6 •0
    O`n“`h`o`w“`t`o“`e`a`r`n“`m`o`r`e“`p`r`o`f`i`t`s“`in“~C~R~Y~P~T~O~!

  13. @Net Assets Agency early June I’d say. Depends on when kusama auctions are but they are very close now.

  14. Acala and Phala. I remember Ivan talking about them too.
    You and Ivan both bring intelligent content.
    Thanks (again) Ellio!!

  15. Thanks for your feedback….) for more guidance =
    W;h::a;t;s:a:p:p:
    +1..5..1..6..9..0..8.1..2..3..6
    Thanks for watching–

  16. I’ve been holding a bit of Phala since July, not much, but still hoping for more action

  17. T.h.a.n.k.s f.o.r w.a.t.c.h.i.n.g
    F.o.r m.o.r.e g.u.i.d.a.n.c.e
    +1…-5…-3…-1…-2…-0…-5…-2…-6…-9…-4
    W<>h<>a<>t<>s<>a<>p…

  18. This man educating me more about finance than high school or college did. Appreciate the videos, man!

  19. Great video! I already love DOT and KSM but right now I understand them even better.

  20. I had no finance taught at these schools, only in maths examples had the curriculum touched on real life examples.. Australian 🤷

  21. A•l•r•i•g•h•t••••W•H•A•T•S•A•P•P
    +•1•7•0•7•2•4•3•8•6•3•9
    I•n•v•e•s•t•<> in <>C•r•y•p•t•o
    B•T•C<>A•N•D<>•E•T•H…!!!!√

  22. A•l•r•i•g•h•t••••W•H•A•T•S•A•P•P
    +•1•7•0•7•2•4•3•8•6•3•9
    I•n•v•e•s•t•<> in <>C•r•y•p•t•o
    B•T•C<>A•N•D<>•E•T•H…!!!!√

  23. A•l•r•i•g•h•t••••W•H•A•T•S•A•P•P
    +•1•7•0•7•2•4•3•8•6•3•9
    I•n•v•e•s•t•<> in <>C•r•y•p•t•o
    B•T•C<>A•N•D<>•E•T•H…!!!!√

  24. A•l•r•i•g•h•t••••W•H•A•T•S•A•P•P
    +•1•7•0•7•2•4•3•8•6•3•9
    I•n•v•e•s•t•<> in <>C•r•y•p•t•o
    B•T•C<>A•N•D<>•E•T•H…!!!!√.

  25. A•l•r•i•g•h•t••••W•H•A•T•S•A•P•P
    +•1•7•0•7•2•4•3•8•6•3•9
    I•n•v•e•s•t•<> in <>C•r•y•p•t•o
    B•T•C<>A•N•D<>•E•T•H…!!!!√.

  26. Don’t listen to those knuckleheads – Alcala cannot be purchased on the open market until the crowdloans are done – pretty much the same for most DOT ecosystem projects. Those that already have ERC20 tokens, like Phala, will end up being exchanged for DOT/KSM ecosystem compatible tokens around crowdloan execution. It is possible BTW that some folks participated in events for Alcala, and do have Alcala coins, but these cannot be transferred yet without sending the entire wallet to the buyer – so don’t do that! The Discord channels for these projects are great for these types of questions.

  27. @Todd Keeler thank you. Is discord the fastest way to know when it’s on the open market?

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