Polkadot 2021 Annual Ecological Development Theme: Pengfei Wanli
the story
As the new year approaches, the year 2021 has told us, a new epidemic is still spreading around the world, and with the onset of winter, the number of cases has not decreased.
So 2021 is still a difficult year for any industry, and we expect 2020 to be a better year, but it is clear that we have predicted the potential of this disease and that we will face further damage to it. .
In the case of Polkadot, it appears to have been affected by the epidemic by 2021. Some international operations have fallen sharply. You can still show the joy of green improvement online by testing, but you seem to get used to it again. But none of this can affect the promotion of Polkadot. At least we saw another dawn ...
Whether it was Kusama's game or Polkadot Parachain's announcement, everything seemed to be going from the bottom up. Of course, we've seen other public developments in the blockchain ecosystem. Although it is Solana, Terra who works hard in the summer, Terra who has recently risen and other ecosystems seem to have seen good results, but the ecosystem of Boca seems to only start with "The Blind Crossing the Water". ". to green meadows.
So at the end of Polkadot's growth last year, there will be a lot of speculation. , and there is also the feeling of driving up and down. However, some documents in the past were "unapproved" labels, and this may have been revised last year. Look ahead and look to the future.
So let's take a look at the Polkadot annual event in 2021 both, and step up to see last year's celebration.
It's time to review Polkadot events every year
first season
On January 7, the main manufacturing company Koto will revise Polkadot's mission, and Polkadot will make major changes through "on-chain" management.
On January 14, the recruitment of Ambassador Polkadot (China) 2021 began. In 2021, the Chinese ambassador program will be updated and more international based on the recruitment of junior ambassadors, at the same time development mechanisms and incentives will be put in place and exchanges around the world will be created.
On January 15, the Web3 Foundation participated in a real export workshop. The workshop covered topics such as key generation, initialization encryption, and multi-party counting, and discussed the configuration, security, and reconstruction of cryptographic schemes used in the world of partitions environment. , like the complete structure of the panel.
On February 22, the Substrate Builder Program unveiled its credentials.
On February 23, Polkadot announced the online parachain process. Current stage: first testnet demo, second stage: first demo of Kusama and the auction, third stage: first demo of Polkadot and auction.
On February 26, Graph joined indexing and querying at Polkadot. Graph announced a joint venture with Polkadot to expand its distribution portfolio to Polkadot's successful Parachain infrastructure. This move allows Graph developers to develop robust applications of Polkadot and enable requests to Subgraph by all participating developers in the ecosystem.
PolkaDOT was sponsored by Ledger Live on March 9. Users can now manage their accounts, interact with the network, include DOT stakeholders, and choose to use their Leger tools to sign transactions in the Ledger Live app.
The 1st Polkadot Hackathon (Polkadot Hackathon) was held in Shanghai on March 20 and 21. The Polkadot Hackathon is a hackathon competition for developers of the Polkadot ecosystem, affiliated with the Parity and OneBlock communities.
T2
On April 7, the Polkadot India Hackathon, co-sponsored by the Swiss Web3 Foundation and Lumos Lab, was held from March 30 to May 30 with the objective of an event - professionals and individuals. Entrepreneurs need to develop the next level of the Internet. . The pool is $ 14,000.
On April 7, Tether (USDT) will make an announcement in Kusama, followed by Polkadot, which will be the first parts company to announce Polkadot.
On April 8, details of the slots competition on the Polkadot Kusama Canary Network were announced.
On April 13, Berkeley Blockchain Xcelerator announced its list of participants by 2021. Over 200 jobs have applied to participate, and several of the 21 selected groups have been involved in the Polkadot and Substrate ecosystems. 21 optional projects include applications ranging from construction to DeFi to stabilization.
On April 15, the 9th submission of the 48 Web3 Foundation grant programs was announced.
On April 20, Gavin announced on Github 3 stages of announcing the functionality of parachain Kusama and pending products.
On May 19, Polkadot's annual community meeting, Polkadot Decode, went as planned. After going through the public voting period, a final position was chosen which included 40 lectures and training at Polkadot.
On May 13, Polkadot's pioneer network Kusama Parachain was updated from version 0.9.1 and voted for Parachain. Voting ends on May 15 at 6 p.m. Beijing time. associated code.
On May 14, Gavin Wood spoke at a Web 3.0 open webinar training camp and discussed new developments at Polkadot and Parachain. He said the most significant improvement was skepticism about the Parachain system. This system allows the group to manage its own Parachain. At the same time, successes have been achieved in replacing bridges and frames. Additionally, XCMP and XCM were active and were overworked.
On May 18, Gavin announced the distribution of free slots to Shell on the Kusama network. The committee adopted the deal and Parity launched an expert group to vote. Then the Kusama tribe continues the voting process. Parachain agreement. Once stable, upgrade your hull to the Statemint Heritage chain!
On May 18, Kusama's release began and is expected to complete three milestones in the coming days. First, Shell Parachain was shipped to Kusama and the bill was passed for approval. The second step is to make the improvement. In this case, the administration voted to upgrade from the Shell parachaine to the Statemine parachaine. The third step is to start the auction. When Parachain with market share and approval performs well under 900 consumer electronics customers in the Kusama network, the competition begins!
On May 19, Polkadot's annual community meeting, Polkadot Decode, went as planned. After the public voting period, a final election was held which included 40 lectures and workshops on Polkadot.
On June 3, the Kusama Board of Governors in Polkadot voted to amend the shell of the state and announced that 114 elections had been held. This invoice includes the calls needed to configure the Shell storage for the Statemine generation and modify the UMP configuration. Then the shell was changed to Statemine.
On June 8, the rules for the Canary Network Card contest were announced.
On June 15, Polkadot announced Coinbase Pro. From June 14, DOT will be credited to your Coinbase Pro account prior to trading. With the exception of Singapore, Coinbase's decision generally provides support for DOT. If the events are over, trading will begin on Wednesday, June 16 after 9:00 a.m. PT.
On June 23, the first Parachain was connected to the Kusama Canary network. The high-end competition for the first competition is Karura, the DeFi hub of the sister network Kusama and Acala. Karura took part in the first Parachain game and successfully started building the blocks just 3 hours after the race was finished. Acala is a decentralized cross-chain financial DeFi center of the Polkadot ecosystem, and Karura will contribute to the Kusama community.
quarterly
On July 6, the third Kusama Parachain competition ended. Pioneer Astar Network (First Plasm Network) Shiden successfully acquired Parachain from Kusama with a closing rate of 138,457 KSM. Features listed in the white paper: Specially Designed and Interoperable Parachain.
The Web3 Foundation announced the removal of the $ 100,000 free cap on Twitter on July 8. “As part of our commitment to supporting the Web3 ecosystem, we have developed a strong financial support system to help with development and research at Polkadot, Kusama and Substrate. We are now carrying the maximum funding for general funding. "
On July 14, the fourth auction of Kusama Parachain slots ended. Khala Network, director of the Polkadot Privacy Computing Project Phala, completed the Kusama Parachain with a 132,280 KSM shutdown.
On July 20, the 5th Kusama Parachain Slot Machine Auction ended. Bifrost Network, the pioneering network of Polkadot Staking Bifrost's inter-chain liquidity network project, successfully acquired Kusama Parachain with 142,431 KSM locks.
On July 22, the latest version of the Web3 Foundation Funding Plan 2021 was announced.
On July 28, the community of Kusama decided to revise the statute of Statemine Parachain. Statemine is Kusama's first parachain feature. Like the Kusama and Polkadot launches, the parachain launch is a complex process.
On August 13, in the search for management and support teams to create a joint venture, the Web3 Foundation took a new step. A total of 300 projects have benefited from the grant.
On August 19, the first batch of 5 Parachain Slot Auction for Kusama ended in June and July, and the second batch of Kusama Parachain Slot Auction 9.1 was launched.
On September 7, Gavin Wood published an article on the Cross-Consensus Message Format (XCM).
On September 8th the 6th Kusama Candle Auction ends! KILT beat Kusama 6th in the 219,999.9 KSM! It will be connected to the Kusama relay chain at 6:27 p.m., and the blocks will be designed as parachaines!
Following the Summit of September 10, 2020, the Web3 Foundation is once again recognized as a Platinum Sponsor of the 7th World Blockchain Summit. Polkadot, a project funded by the Web3 Foundation and sponsored by Parity Technologies, will be presented during the conference to share the advances and benefits with the participants.
On September 13, Sub0 Online returns from October 13 to 14. Gavin Wood, Founder of Polkadot, gave a keynote address that allowed everyone to understand the development of the Substrate Alley and anticipate the future of the blockchain framework between Polkadot and Kusama together. Sub0 Online brings together experienced and advanced substrate developers and learners for an in-depth discussion of the role of blockchain in creating custom blockchains compatible with Polkadot.
On September 15, Manta Network's first network, Calamari Network, won the 7th Kusama Parachain Slots Auction with 218,247 KSM block votes and will soon join Kusama Network to become a Parachain block. The Calamari Crowdlending reached 16,005 participants.
On September 16, Gavin Wood announced the second edition of XCM, Management and Relationships.
On September 22, the Web3 Foundation added kUSD as a payment method for its service. kUSD is the first company in Polkadot ecology, developed by a wide range of real estate banks.
On September 29, Kusama's Ninth Eye candle season ends! Altair wins 9th Kusama location with KSM 112k lock! Connect to the Kusama relay chain to create a parachain block!
On September 30, Gavin Wood announced the third edition of XCM, Performance and Management Errors.
4th third
10th Kusama auction candle deadline for October 6th! Parallel-Heiko unlocked 202,793 KSM and successfully won the 10th Kusama! Connect to the Kusama Relay Chain and build blocks in the chain link!
On October 12, the Web3 Foundation selected the 11th project that went beyond financial planning.
On October 22, Polkadot launched an international production event. This event is a collaboration with AngelHack, an 8 week hackathon where you can create your own blockchain or code ideas.
On October 13, Gavin tweeted that while other channels would take months or years to complete shipping and upgrade to new features, Polkadot and Kusama only took eight hours to deliver the new channel logic. . It is managed jointly by the stakeholders.
On October 14, almost five years after Polkadot's first white paper outlined the vision for multi-channel connectivity, Parachain is now ready to work for Polkadot. Polkadot founders Gavin Wood and Robert Habermeier announced that Polkadot is now technically promoting the news of the first parachaine, followed by a proposal from the Polkadot Council to create the network's first parachain auction on November 11th. .
On October 22, Rococo will become a community distribution platform, a Parachain test platform.
On November 1, the Polkadot Board adopted Motion122, which aims to open Parachain registrations and crowds on the Polkadot network. The Parachain team will begin registering for the Parachain and crowdfunding event around 2:15 a.m. on November 5, 2021 China time.
On November 2, according to the previous motion 384, the 13th Kusama auction opened! The auction will continue next week and end on November 8, 2021.
At 1:51 am on November 12, the 39th Referendum on the Parachain Slot Machine Auction began on the Polkadot Network, and the Polkadot Parachain Slot Machine Auction began.
The Polkadot Asia Pacific Hackathon Technical Seminar on November 12 was held on November 12 at 9:00 p.m. KST.
On November 16, Unique Network's pioneer, Quartz, won the 14th parachain auction, Quartz is now the 15th parachain of the Kusama network. Over 8,800 users have engaged KSM in Quartz.
On November 16, the first race in Polkadot entered the limelight (start Saturday, November 13).
On November 18, the 11th closing time of the Polka Dot candle auction! Acala takes first place from Polkadot with 32.5 million DOT locks! He enters the Polkadot relay chain and creates blocks in the form of chain links.
On November 23, the 15th Kusama Parachain Slots Auction ends. DeFi contract lending to Equilibrium Genshiro's advanced network won Kusama's 15th Parachain location at close at 47,425 KSM.
On November 25, the second auction of Parachain slots on the Polkadot network ended. Moonbeam won the second Parachain Slots Auction in Polkadot by locking in 35,759,900 DOT and successfully connecting to the Polkadot network.
Four winners of Kusama's third place exit on November 28: Picasso, Bit.Country Pioneer, Quartz, and Genshiro all start borrowing 17 at 3:50 a.m. local time on November 28. Block height # 10 281 600 is connected to the Kusama relay chain and the blocks are built into the connection equipment.
On November 28, the Kusama network announced its 16th and 4th lots of slots with 5 auctions.
On December 1, Gavin said in a special interview: Decentralized Web3 technology is the only hope for democratic governance and autonomy.
On December 2, Astar won the 3rd Polkadot Parachain Slots Auction closing at 10,333,500 DOT.
On December 3, Edward Snowden and Polkadot founder Gavin Wood had a historic discussion on Web 3.0.
On December 9, Parallel won the 4th Polkadot Parachain Slots Auction with 10,751,500 DOT Locks and successfully connected to the Polkadot network.
On December 12, the 17th Kusama auction ended! Zeitgeist beats Kusama 17th on 77,028 KSM! Connect to the Kusama relay chain to create a parachain block!
On December 14, Gavin Wood was selected as one of the most valuable cryptocurrency sites in 2021.
On December 15, rule 131 was adopted by the board of directors and adopted by the election commission of 46. Shell was changed to #Statemint Parachain on December 17, allowing anyone to design tools and set up tools. NFT on Polkadot. the.
On December 16, Clover Finance won the 5th Parachain Polkadot Slots Auction by closing 9,752,400 DOT.
On December 18, the first batch of 5 parachains in Polkadot began to lend on December 18. Now the 5 Parachains have been completed in Polkadot. The first Parachain submissions to win the Polkadot competition were Acala, Moonbeam, Astar, Parallel Finance, and Clover.
On December 20, the communities of Polkadot agreed to switch from Shell's parachaine to Statemint, Polkadot's special parachaine for the active. Shell Parachain has a small non-XCM interface to pass messages through the chain link so that Polkadot approval can work properly before adding any extensions. After the community was approved by evidence 46, Polkadot sent two letters to Shell, asking them to switch to Statemint.
On December 22, the 18th Kusama auction ends! Sakura Financial closed 17,416 KSM and successfully won the 20th Kusama! Connect to the Kusama relay chain to create a parachain block! (Addition of Statemine and Encointer after 17 years)
On December 23, Deutsche Telekom acquired the Polkadot network and planned to use Substrate to develop its applications.
On December 24, after the change of export 39, the 2nd Parachain auction went as planned! The 6-11 auctions run over the next 12 weeks, with new tournaments starting every two weeks. Twelve Parachains have joined now!
On December 28, Crust Network closed 30,026 KSM and completed the 21st installment for Kusama! Connect to the Kusama Relay Chain and build blocks in the chain link!
On December 30, Efinity won the 6th Polkadot Parachain Slots Auction with a lock of 7,695,300 DOT.
Polkadot ecological development
Ecological observation with polka dots
the problem maker
2021 will be a prosperous year for many state-owned companies, Ethereum is no longer a problem, and speech is not limited to DeFi. So, for developers across the blockchain industry, this has been a rewarding year. prosperous years.
According to Electric Capital data, the number of monthly developers on websites3 has increased significantly over the past year, from an average of 11,000 in 2020 to 18,416 in 2021, an increase of over 60%.
Data source: Electric capital developers report (2021)
Yes, this often directly affects the completion of public channels such as BSC, Solana, Polygon, Terra, Avalanche and Fantom in 2021. This can be seen by watching differently from the public channel. Repeat.
Data source: Electric capital developers report (2021)
Judging by the current average number of full-time-per-month manufacturers for various public industries, Polkadot will grow from 840 to 1,400 by 2020, making it the second largest public channel ecosystem after Ethereum, more than the third largest cosmos. people. The top five green sites are Ethereum, Polkadot, Cosmos, Solana, and Bitcoin.
Data source: Electric capital developers report (2021)
However, the recovery time for each public channel varies. By comparing the growth of developers since the first launch of the project, we can see that Polkadot is the second largest ecosystem. From the vertical point of view, the same improvement time is slightly higher than Ethereum with Polkadot having the maximum developer support, and from the horizontal view axis, the time is needed for Polkadot to get the same number of developer support. is the shortest of all the public channels. I did. Therefore, Polkadot deserves to be one of the major players in the Web3 ecosystem.
But the above two documents need more explanation, many friends say Polkadot has many developers, why do you think Polkadot is still in its infancy and the ecosystem still has not been created ?
This is because Polkadot is a layer 0 metaprotocol and its development is different from the standard 1 meta-process.
In general, the developers of Layer 1 public channels are usually the app developers who build apps like DApps or DeFi on their public channels, and the apps are the carriers of products that can open up the ecosystem directly and attract customers. consumers and money to the ecosystem. The public channel Layer1 is faster than Polkadot.
Most of the developers at Polkadot Ecology develop Layer 1 parachains, while fewer develop applications. So, although there are many developers in Polkadot, it is still in the early stages of ecological improvement, as all are polishing the coating 1.
However, with the entry into Polkadot of the first batch of 5 Parachain projects that won the Polkadot slots in December 2021, many Layer 1 Parachains of Polkadot are final and ready to start building the soon-to-be-released ecosystem.
Of course, you don't have to worry so much about level 1 parachain ecosystems. Indeed, these parachains are native to EVM and provide quick access to some mature applications of the EVM ecosystem. Sewing adapts to Polkadot ecology.
Moonbeam's first Kusama network, Moonriver, was able to improve its ecosystem a few months after leaving the mainnet.
In addition, on the official Element technology channels (chat platform) Substrat and Parachain, where there were only 2,600 12 months ago, there are now almost 10,000 and the capacity has tripled. These data are always more alive than the previous statistics of Electric Capital. More developers can mean producers can still learn more, and Polkadot's green development is full of energy.
community status
The community is one of the key indicators of the impact of a project. Last year, the number of Polkadot Twitter users increased tenfold, from less than 100,000 at the end of 2020 to more than one million today. 200,000., Increased more than 6 times.
The total number of other media continues to grow, with Reddit fan of Polkadot now over 70,000, Discord 20,000 and YouTube now over 40,000 users. (This information intuitively shatters rumors that only Chinese participate in Pokadot.)
Among them, there are many reasons affecting the growth, but the main reason is the expansion of the swimming pool industry at the macro level. By 2021, foreign interest and acceptance of Crypto fields has grown rapidly, and as a result, users and revenues across the Crypto field have grown rapidly.
One of the milestones was when Coinbase became the first crypto exchange to list on the U.S. stock exchange in April. Cryptofields are more than ever, and Coinbase was also ranked # 1 by temporarily pulling out of Apple's App Store.
2021 is a year of bursting of many public sectors. In addition, many manufacturers continue to try new chains, attract customer interest and involvement in Polkadot ecology, and attract investment for pre-shipment. Calendar. Ecology of Polkadot.
Finally, 2021 is also the year in which the values of Polkadot are declared. The long-awaited Parachain competition is finally here. The activities of various Parachain projects also attracted many fans. spotted.
So far, in the current situation of Polkadot, the number of manufacturers and users has increased significantly. On this scale, the human need for ecological fragmentation has been very successful. at the time.
Financial direction
National finances are an important source of funding and procedures for the ecological improvement of Polkadot. The Bank's operating procedure is to finance DOT / KSM through part of inflation, part of exchange rate, deduction, etc. then on expenses. Instructions, tips and income How to spend your budget, and at the end of each expenditure (24 days for Polkadot, 6 days for Kusama), part of the balance (1% for Polkadot now, 0.2% for Kusama) will be damaged. (So don't say Polkadot wasn't hurt)
In 2021, the Polkadot Treasury Department will eliminate a total of approximately 15.17 million DOT (valued at $ 390 million), 74,424 DOT (valued at approximately $ 1.92 million), and 2.47 million DOT (valued at $ 390 million). to $ 3 million 63.72 million). Of these, 50 recommendations were issued or approved, 177 proposals were issued and no beneficial projects were reported.
Kusama Bank received 290,000 KSM (equivalent to approximately $ 60.46 million) and used 13,716 KSM (equivalent to approximately $ 2.86 million). Of these, 58 proposals were given or approved, 301 tips were given and 3 prizes were awarded.
Whether it is the total expenditure or the number of different types of expenditure, the performance of the Kusama Treasury is slightly better than that of the Polka Treasury. This again shows that Kusama and Polkadot differ not only in certain constraints but also in terms of governance, and that their ecological development may differ from Polkadot in many ways.
Currently, the Kusama connected ecological project is very different from the Polkadot connected ecological project, the Kusama bridge in Polkadot is still under construction in Parity, and Kusama has left his world.
Also, whether it is a financial problem in Polka Dot or in Kusama, the investment is not high and does not exceed the 20% threshold. Improvements to Polkadot Ecology will be further supported in 2022.
ecological project status
As the Parachain Kusama Slot Machine and Parachain Polkadot Tournament went according to plan, the Polkadot Green Project is thriving and stable. To give you a better understanding of the Polkadot Green Project, we take a look at the implications and ecological state of the Grant Act in 2021.
Support from official grants for the ecosystem
In 2021, 124 jobs created by 114 groups were funded by the Web3 Foundation. Compared to 142 positions last year, the number has declined.
However, with the support of the 114 Grant Group, we can clearly see that Grant's support for green projects achieves many goals, mainly focusing on popular tools and equipment like NFT and DeFi.
By the end of 2021, a total of 300 teams working in more than 50 countries and regions have been supported. Grant's declining support doesn't mean Grant's support is gone.
The modern construction of the Polkadot ecosystem is like a skyscraper cemented on rebar, and only good works can stand out from the waves.
At the same time, the authorities will update their budget plan for August 2021, combining general rulers and public funding in three new levels, no additional financial restrictions and allowing better jobs to earn more money. Of course, the requirement for the project is also higher.
In addition, although the primary purpose of the financial aid program is to provide financial advice and key discussions, we strive to provide the necessary resources, available in case of problems during the design of the project. Support for funding green activities has focused on greater, more open and stronger support.
ecological state
According to incomplete statistics, to date a total of 523 groups, activities or applications have joined the Polkadot ecosystem, including some NFTs, game channels, DeFi, communities and many more, a 62% increase from to last year. We can say that this is the year of the emergence of ecological activities.
By comparing the data for the two years, it can be seen that the proportion of construction projects and DApps in each ecological project has increased, while the projects based on substrates and construction and the ecological goals of DApp monitoring have increased significantly. .
Breakdown of the Polkadot ecological project in 2020 and 2021
At the same time, with the opening of the Kusama and Polkadot Parachain competition, Polkadot's ecology has entered a phase of ecological improvement.
project funding
In terms of investment, our ecosystem continues to grow rapidly, with around 350 groups (250 more than last year's estimate) attracting organizations, communities and entrepreneurs. And 50 of those groups, apps, and operations have raised more than $ 670 million in seed capital (seed and Series A).
According to incomplete statistics, by 2021 there will be 72 global finances critical to the prosperity of the Polkadot ecosystem, 48 of which have raised a total of around $ 360 million in public investment. And most of that funding is concentrated in the second half of the year, with a lot of good work making a lot of money.
I compare last year's data and this year's data and easily analyze them. It is not difficult to see that the total investment and income will see a monthly increase in 2021. And in May, September and December, three small spikes occurred. . We broke the investment and the financial situation this month.
It's not hard to find with 16 grants, or more than a fifth of May's total funding, mostly made up of major tracks like NFT, DeFi, DAO, and the recent Metaverse. Probably the first phase of the NFT phenomenon, and the sensitivity of the Polkadot ecosystem to Web 3.0 direction has been clearly demonstrated.
Despite having faced a fundraiser in September, Acala, the world's leading division and open financial shareholder, remains a viable option established by building a $ 61 million or $ 22.8 million Polkadot ecosystem. of dollars, from dTrade to DeFi without exception for investors and financiers. parties.
This shows that the economy of the Boca ecosystem has gradually improved and prospered, and it is not a landfill, but an oasis full of spring.
And so, in December 2021, the first year of the metauniverse came to an end. Polkadot charts a milestone for Polkadot this year, using three popular investments and funding: metauniverses, infrastructure, and DeFi. Investment and financing.
And we saw a lot of community strength in terms of capital and finances.
A $ 36 million community user funded event Bit.Country & Metaverse.Network gave us insight into the demand for Polkadot within its limits of distribution and community support.
This year, Polkadot Ecology's investment firm not only increased direct funding by around 250%, but also increased income from these projects, proving that more and more the employee has increased his salary. The famous capital at stake is also increasing. There are a lot of scenes, and there are a few main reasons for the thriving scene.
1. Development of macro-industry
As mentioned earlier, the expansion of the macro industry has provided sufficient funding for the entire crypto ecosystem and the popularity of various DeFi, NFT, and other applications in crypto and public earnings. chain also support investment. Spend more money. Prepare in advance in the crypto area.
By 2021, many new crypto investment portfolios, growing directly 10-fold from the $ 10 million level a year earlier, were in units of $ 100 million. In 2021, some of the most famous companies represented by a16z and Sequoia Capital are still performing well.
2. More and more investments are made in Web3
As the market grows rapidly, the public embraces new concepts and Web3 is the most suitable direction for the current trend of decentralization. said, "Web3 in the United States. How do you make sure the change happens? "
An important infrastructure for the development of Web3, the ecological development of Polkadot has undoubtedly attracted the attention of many investors.
3. The Polkadot ecological project is developing slowly
The Polkadot ecosystem for 2020 is still in its infancy, but it is growing slowly and attracting more and more developers.
It also involves a lot of investment and setup on the investment side, and the growth of other ecosystems in the chain also provides information on the investment side. The information that has been identified in other ecosystems in the public chain is still in the early stages of development in terms of the potential of the Polkadot ecosystem, and is needed.
4. Polka dot auction
This is also one of the main reasons why the parachain race between Kusama and Polkadot in 2021 went well.
Especially after the Kusama preview, many green projects were encouraged to plan ahead of the Polkadot run, while after the management of the Kusama Xianxing network, more money will be needed to build the main network in the Polkadot ecological project team. I realized that. I can.
So for some reason this encouraged unions to raise more money in the first half of the year.
5. Polkadot's unique ecological project
Although the integration of public chains and blockchain applications is cumbersome, thanks to Polkadot's design and development capabilities, some work in the Polkadot ecosystem has been extended in updated terms. Examples include Zenlink and RMRK, which have paved their own way for distributed blockchain network applications, and Gear Technologies, the Wasm smart contract platform. And these works have also received a lot of attention.
Overall, 2021 will be a special year for Polkadot and the entire crypto industry. Unlike the popularity of DeFi and NFT last year, 2021 will truly be the year of the hundred interests. , application and public band, the application has been extended with a variety of information and combinations, the public channel has also been changed for the sake of some private channels and has many meanings such as multi-channel ecology, layer 2, meta edge, string. games, etc. Join the Crypto domain. .
2021 is a very cold year and in 2022, despite the expectation that higher US interest rates will cause the global economy to tighten, we believe that Crypto's growth and volatility will pay dividends to reflect the impact. negative. write next year.
our own content
Our ecological institute Polkadot also achieved good results last year. By 2021, a total of 100 keywords have been posted, including 34 depths with over 5,000 words. the whole network.
In 2021, with our financial support from the Polkadot Treasury, Twitter and Telegram groups were formed, and the article in English “An article to understand the past, present and future of Web 3.0” was printed and exported. . Line details:
This article first appeared on https://medium.com/polkadot-network/one-article-to-understand-the-past-present-and-future-of-web-3-0-5433962b7c3e
The New Year is a time when many polka dot ecosystems thrive. Our Polka Dot Ecology Research Institute will continue to explore the value of the Polka Dot and its ecology through sound concepts and further research. We hope to see you in the future. take advantage of us.
Tell about the past and look to the future.
Polkadot data at the end of the year
When paying last year's taxes for last year, our data only contains data after leaving the mainnet, but this year, with the development of Polkadot, we can share a lot of information, and this is also reflected in the appearance. Development of Polkadot and its ecosystem, here are the latest data of the year that we have set (according to UTC 8 2022.1.6).
Validators: 297 (8.79% increase over last year)
Validator candidates: 718 (up 125% year on year)
Mortgage rate: 63.8% (down 14.13% over one year)
Available address: 850.627 (an increase of 1239% over the previous year)
Inflation rate: 7.84% (down 21.6% from last year)
Current public interest campaign wins: 329 cases (up 61.27% from last year)
Kusama Parachains Name: 16
Kusama Parachain blockade: 3,038,800 KSM
Name of Parachaines Polkadot: 6
Parachain Polkadot lock price: 116 135 400 DOT
new year look
With the announcement of the Polkadot Parachain at the end of last year, the second round is now in full swing. Time passes beyond the current level. Much remains to be seen, but looking at Polkadot's different data this year, everything seems to be going well, according to the report, and that's our point of view. Reasons to meet more expectations.
Granted, in theory, the Polkadot market in 2021 might fall short of public expectations, but how can it show its true value when everything is ready for ecological improvement? Its value does not interfere with the cost and it is an integral part of every location.
Polkadot founder Dr. Reviewing Polkadot's final year, Gavin said in his Polkadot final year review, “Unlike last year, 2022 is next year the chapter on history. de Polkadot begins. " With the slight improvement in the Polkadot ecosystem, more interesting stories will emerge in the new year, and we hope so.
The year 2022 has begun and a new chapter has opened for Polkadot. We have to wait for the arrival of Web3.0 and see the new power that Polkadot and its ecosystem bring us!
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