DOT do you Know? - Newsletter Edition 75
DOT do you Know? - Newsletter Edition 75
In this week’s edition:
Editorial: Wagtober vibes, Sub0 Media partnership, Showcasing Polkadot, bounty hub update.
Top Story - DOT Talks Resilience: Shawn’s Talk, Joe’s comms, and talking blockchain educational series.
Featured Update - Report DOT Rollups: Catch up on Messari’s research, as they provide Q3 reports on Phala and Moonbeam.
Wag Roundup(s): News from our Finders Program between October 18th to 24th and October 25th to 28th.
Extras: Credits and anything else.
Editorial
Since our last newsletter, the October vibe has emerged to be more about Bitcoin dominance and growth of the AI memecoin phenomenon. Additionally, there’s a certain eagerly anticipated launch scrolling short on happy faces.
Meanwhile, over in the Polkadot ecosystem, there are plenty of other metrics to look on favorably from this past week. These include increasing our social Frequency, driving Mythical volume, establishing Mandala balance, ramping Peaq performance, and some Stella burning.
Teams in our ecosystem have been shipping, as there’s quite a bit of news to catch up on. In fact, we even have two lots of news roundups this week. The Wagtober vibe continues, as we are proud to be an official media partner at the upcoming Sub0 conference in Bangkok.
We are looking forward to helping build awareness, reporting on the alpha, and providing coverage of the anticipated great talks showcasing Polkadot. Speaking of showcasing Polkadot, did you catch Shawn Tabrizi’s awesome talk………
The full newsletter can be enjoyed via this link.
Dodow, Chief Editor
Top Story of the Week - DOT Talks Resilience
Written by yay.oi
It’s time to get your head out of the Polka-clouds, because our very own wunderkind Shawn Tabrizi has been brewing up a storm this week. His speech at the Tech Forum Argentina captured the imagination of the Polkadot community, and now it seems we have a whole new narrative brewing.
He burst onto the stage with a grand statement. Polkadot will be to Web3 what Amazon Web Services (AWS) is to Web2. Like AWS, Polkadot’s mission is to provide a cost-effective, secure, and scalable platform for cloud-based service providers to innovate and grow. The key difference, however, is that Polkadot will do it with resilience.
Polkadot demonstrates resilience through a robust and innovative technology stack that is often steps ahead of its competitors. Polkadot is, according to Shawn, the first multi-core blockchain. Unlike single-core blockchains that struggle with congestion and rising gas prices with the arrival of new resource-hungry apps, Polkadot, with more than one hundred processing cores, can scale with ease.
Furthermore, through parallelization (or data and execution sharding), processing tasks can be split into smaller pieces and executed simultaneously over multiple cores. The result is an increase in throughput and reduction in congestion.…….
Check out our full newsletter for the full story
Featured Update - Report DOT Rollups
Written by Dodow & Sanchez
Most of the recent noise on Crypto Twitter has been about an anticipated Uptober, this even had Web3 market intelligence firm Messari asking if it’s really happening. As the month closes, things might actually be starting to take off.
Shifting the focus away from market sentiments, there’s been a lot of activity within the Polkadot ecosystem. While our weekly newsletters offer consistent, comprehensive coverage of these developments, industry leaders like Messari have collaborated with the Polkadot ecosystem to provide quarterly reports on key progress and milestones.
The Messari Polkadot report for Q1 of 2024, which we covered in our May newsletter, showcased the state of several important data points and metrics within the ecosystem. These metrics changed in Q2 as the markets dwindled. The market cap of DOT decreased from $13 billion in Q1 to $8.6 billion in Q2, along with a 25.7% reduction in revenue in DOT.
Despite these challenges, the number of active developers in the Polkadot ecosystem grew from 2100 in Q1 to 2400 in Q2. This growth was driven by development of the Polkadot Ledger app, the introduction of Agile Coretime, Asynchronous Backing and Elastic Scaling as the components of Polkadot 2.0. Additionally, there was the integration of Polkadot and Kusama on Dune analytics.
While we await the Polkadot Q3 report, Messari has released the Q3 reports for Moonbeam and Phala. This is likely for good reason, as these two parachains, or perhaps we should say rollups, have dominated the metrics in Polkadot's Q1 and Q2 reports.…….
Wag Roundup
Written by yay.oi & Sanchez
After a slight delay to prepare for listing on major exchanges, Peaq has announced November 12th 2024 as its mainnet launch date.
To enhance governance and empower the community, Moonbeam has launched the Moonbeam Governance Guild. Five delegates on Moonbeam will receive 5 million GLMR of voting power, and five on Moonriver will be delegated 50 thousand MOVR.
The Hydration DEX is finally integrated into Dexscreener. This comes after the consistent petitions by Gavun Wud. Users can now track the price movements of tokens listed on Hydration on Dexscreener.
GameDAO is rewarding stakers who have staked to their dApp with 5 million tokens, equivalent to 5% of the total supply of GAME. While the exact reward details are still being worked out, the amount of ASTR tokens staked will play a role.
Round 2 of Coretime sales are live, and Aventus has become the first team to perform a core renewal. Four other teams missed their chance to renew for 100 DOT in the renewal period, but can still purchase their core on the open market if they wish.
Blockchain infrastructure automation company Perfuse is the latest recipient of a Web3 Foundation Decentralized Futures grant. Their grant project aims to lower barriers to entry by creating a one-click parachain deployment toolkit for the entire Polkadot ecosystem.
Bifrost announces Liquid Wave, a three-phase campaign that will explore the new BNC tokenomics. Participants earn WAVE points to share in a BNC prize pool in each phase, and at the end of the campaign they can redeem their points for bbBNC. Raindrops earned in previous Bifrost campaigns can also be converted into WAVE.
Polkassembly announces the release of a new batch voting feature. Multiple proposals can now be voted on with a single transaction, saving both time and gas fees.
The Blankos NFT migration to Polkadot is complete, and trading went live on the Mythical Marketplace on October 23rd. To celebrate, Mythical has launched the Blankos OG Loyalty Program. Eligible OGs will gain early access to Mythical game releases, exclusive starter packs, in-game rewards, and more. In addition, Mythical is also submitting a proposal to the Mythos DAO to allocate a reward pool of 2M MYTH to be distributed quarterly to Blankos collectors.
On October 20th, Polkaworld hosted an X Space with Polimec, inviting members from Xcavate and Archisinal, who are looking to fundraise on Polimec. The space was attended by Richard, the co-founder of Xcavate, and Tim, the co-founder of Archisinal.
Lucy Coulden hosted a space to gather feedback and questions from the community as the Project Phoenix team of Polkadot Head Ambassadors released their manifesto to reform the ambassador program.
SUB0 Reset, Polkadot's developer conference, will take place from November 9-11, 2024, in Bangkok. In an AMA co-hosted by Openguild and Joinwebzero, community questions about the conference were addressed.
In his latest blog post, Joe Petrowski of Parity outlines four projects that they are working on to improve the accessibility of Polkadot for users and developers. They are Ethereum compatibility, protocol consolidation, chain abstraction for developers, and data aggregation and visualization.
Extras
Awesome cover art created by Dodow.
Recently Shared News (missed news from previous weeks) can also be found in the Wag Roundups.
For all you budding creators out there, don't hesitate any longer – join us now! There are plenty of rewards awaiting your creativity.