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We are working to become part of the Polkadot ecosystem, developing our own blockchain based on their source code
🔹Look at the rise in price of the most striking examples of the ecosystem, DOT and KSM coins.
In just half a year, these cryptocurrencies have grown by 1000% and 800%.
🔹Polkadot Ecosystem is an open source multi-chain protocol that facilitates the cross-chain transfer of any data or asset type.
🔹Polkadot and Substrate can provide a platform and tools to build fast, universal, integrated and updatable decentralized applications
🔹By connecting parachains, the project effectively solves the problem of blockchain scalability.
Polkadot has a democratic token economy where parachains can have their own economy with their own tokens
🔹To date, over 300 projects have joined the Polkadot ecosystem. It's significantly higher than on any other platform, other than Ethereum
🔹All this makes Polkadot an extremely attractive ecosystem for CryptoSoul, able to compete with Ethereum like no other project
🔹Look at the rise in price of the most striking examples of the ecosystem, DOT and KSM coins.
In just half a year, these cryptocurrencies have grown by 1000% and 800%.
🔹Polkadot Ecosystem is an open source multi-chain protocol that facilitates the cross-chain transfer of any data or asset type.
🔹Polkadot and Substrate can provide a platform and tools to build fast, universal, integrated and updatable decentralized applications
🔹By connecting parachains, the project effectively solves the problem of blockchain scalability.
Polkadot has a democratic token economy where parachains can have their own economy with their own tokens
🔹To date, over 300 projects have joined the Polkadot ecosystem. It's significantly higher than on any other platform, other than Ethereum
🔹All this makes Polkadot an extremely attractive ecosystem for CryptoSoul, able to compete with Ethereum like no other project
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What's better? 🧐
The capitalization of the DeFi market has grown from $686 million on January 1, 2020, to more then $68 billion just one year later
💰MakerDAO, Compound and Aave are the most popular and largest decentralized non-custodial DeFi projects, $16 billion out of $40 billion are locked in them
🌐DeFi is the movement that leverages decentralized networks to transform old financial products into trustless and transparent protocols that run without intermediaries
⚖️Main reasons for the attractiveness of the DeFi market is the higher transparency and trust
💵DeFi's unsecured lending has helped popularize the market by making loans more flexible. One of the original goals of DeFi was the simplification of relations between credit institutions and borrowers
💸Entrepreneurs may find it worthwhile to experiment with some of the proven DeFi products to get insight into how the young financial ecosystem is driving fundamentally new and interesting user behavior by enabling banking services without a bank
💰MakerDAO, Compound and Aave are the most popular and largest decentralized non-custodial DeFi projects, $16 billion out of $40 billion are locked in them
🌐DeFi is the movement that leverages decentralized networks to transform old financial products into trustless and transparent protocols that run without intermediaries
⚖️Main reasons for the attractiveness of the DeFi market is the higher transparency and trust
💵DeFi's unsecured lending has helped popularize the market by making loans more flexible. One of the original goals of DeFi was the simplification of relations between credit institutions and borrowers
💸Entrepreneurs may find it worthwhile to experiment with some of the proven DeFi products to get insight into how the young financial ecosystem is driving fundamentally new and interesting user behavior by enabling banking services without a bank