The slot auction is coming, how to capture the huge opportunities contained in the Polkadot ecology?

Original title: "The slot auction is coming, how to capture the huge opportunities contained in the Polkadot ecology? 》

Original source: Blockchain Institute

Before Rococo v1 parachain The test network has been launched, and after testing and improvement, the network restart has been completed. According to Polkadot officials, when the Rococo v1 network is running stably and the number of nodes increases to a certain number, the parallel chain slot auction will be launched. Currently, it is adding nodes status.

The launch of the parachain crowdfunding mode code base on March 16 indicates that we are closer to the much-anticipated slot auction took a step.

Why is Polkadot parachain slot auction very important?

Polca is a project that started in 2016, and the mainnet launch process was officially launched at the end of May last year. So far, the main network still has not achieved the "available" state, that is, the state that people often say can run applications. If you want to run applications on Polkadot, you must wait until the parachain is officially launched, so if the slots are not auctioned, Polkadot is not a fully functional chain as we often say.

Due to the limitation of network resources, the number of slots is limited, which can only be obtained through auctions, and the auctions are conducted at a rate of one every 2 weeks, so For a project that has been waiting for a long time, the importance of the slot auction can be imagined. The parachain slot auction is a milestone event that opens a new era of Polkadot, and because of its unique auction mode (the auction will lock a large number of DOT/KSM), it has received great attention from the market and is extremely popular.

As a long-term researcher of Polkadot ecology, the Institute is very optimistic about the development of Polkadot ecology, so why?

Why are you so optimistic about the Polkadot ecology?

Tell me why you are optimistic about the Polkadot ecology from three perspectives.

First is the time . Currently in the bull market stage, the influx of a large number of new users is of great benefit to the entire blockchain industry. The Polkadot network will be fully launched in the near future, opening the era of applications. In such a big environment, it is Very good timing.

Secondly, the location . The industry's largest smart contract< /span>The Ethereum platform is still congested. Although the expansion plan is constantly being implemented, the Ethereum congestion problem cannot be solved in the short term. After the rollup expansion plan is implemented, it will take time to improve the foundation, project migration will take time, and user migration will also take time. The time window before Ethereum solves the congestion problem is Polkadot's advantage.

The last is Renhe . The engineering capabilities of the Polkadot team are top-notch, and the web3 foundation has funded a large number of ecological projects. It can be said that the Polkadot team and the foundation have been on the right path. At the same time, many projects have been developed based on Polkadot. The market has high expectations for these projects, and a large number of institutions are also Investment Polkadot ecological projects, among the financing projects in the market recently Half of them are Polkadot ecological. Although not all projects can be successful, the influx of capital will definitely bring great improvements to the infrastructure of the Polkadot ecosystem. In addition, it is community users’ expectations and recognition of Polkadot.

Pocahontas team, Web3 foundation + a lot of DevelopersTeam + user recognition, which together constitute Polkadot’s people and.

In summary, the current environment Polkadot is facing is very good. Teams, foundations, developers, users and people.

Why is the Polkadot ecology worth long-term investment?

Why is the Polkadot ecology worthy of long-term investment? The essence of this question is actually that the future blockchain world will be dominated by Ethereum. Or will more ecology coexist?

If you think that in the future, Ethereum will dominate the world, and all developers and users will gather around Ethereum. Any public chain are not worth the long-term investment.

If you think that there are other ecological possibilities besides Ethereum in the future, and it is a state of coexistence of multiple ecologies, then there is no doubt that Card is the most promising one to form its own ecology.

From the perspective of the development logic of the blockchain industry, in the future, there will not be only one ecology of Ethereum, but multiple ecology will coexist. However, multiple ecologies will not be separated, but will communicate with each other.

Why won't Ethereum dominate the world?

Every round of bull market will attract a large number of new users to enter the blockchain industry. The last round of the bull market was not much more. Institutions, funds, and companies on Wall Street continue to purchase bitcoins in large amounts, and the smartest money and people in the world are pouring into the blockchain industry. The demonstration effect and advertising effect brought about by this are extremely huge. So even without looking at the data, we can simply deduce that there will only be more new users entering the market in this round of bull market than before.

And this is far from the end, The blockchain world is still attracting more new forces to join, such as the recently normalized artwork NFT, it became popular The circle, as well as various fan coins built on the basis of NFT, are popular in the sports circle and animation circle, and only the sports circle and the animation circle can introduce a large number of new users to the blockchain industry.

For example, the recently popular NBA NFT card application has been officially supported by the NBA and has attracted a large number of users outside the circle.

In the foreseeable future, there must be more new users pouring into the blockchain world. The blockchain world will be an extremely huge world, and its market space will be extremely broad. The user base will be highly differentiated. A market with an extremely vast space and highly differentiated user groups will not be monopolized, because unlike computer operating systems that have extremely high thresholds, the blockchain world is open source, as long as there is a strong team , as long as it is distinctive enough, it will definitely be able to gather a large number of users and form its own ecology.

So the future must be multi-ecological coexistence.

In the current public chain ecology other than Ethereum, Polkadot is the most eye-catching and promising. Card is top-notch in terms of hard indicators such as team strength, technological innovation, direction and vision, and soft indicators such as community building and ecological support. It can be said that Polkadot is the current master of the blockchain industry, and it is a public chain network that is very promising to form its own ecology.

The above is the answer to why the Polkadot ecology is worth long-term investment.

Polkadot may form its own ecology, which means that many opportunities will be born in it, an established from scratch Ecology, there must be a lot of opportunities contained in it.

How to capture the huge opportunities contained in the Polkadot ecology?

As a long-term researcher of Polkadot ecology, the Institute has studied a large number of Polkadot ecological projects and created a large number of Polkadot ecology The article, together with the community partners, has discovered a large number of high-quality projects in the Polkadot ecosystem, which has been widely praised by the community partners.

In order to allow friends to grasp the Polkadot ecology more comprehensively,   The "Polkadot Quick Start Course" will take you to fully understand the Polkadot ecology and better grasp ecological opportunities.

If you want to seize the huge opportunity contained in the Polkadot ecology, you must not miss it.

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