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First Release | Ouyi OKEx: Polkadot Parachain Auction is about to kick off.Which forces are ready to go?



This article was originally created by OKEx and authorized by Jinse Finance to publish. The parachain auction is about to start, and the Polkadot ecology is very lively. According to the latest official news, the parachain test network Rococo has launched the public welfare parachain Statemint and has begun testing asset issuance. Projects such as Acala, Zenlink, ChainX, and Bifrost have issued test tokens on the Statemint test network. And this is just a prelude. According to the plan, Kusama and Polkadot mainnet will start parachain auctions one after another. At that time, not only will more project parties participate in the competition, but also many institutions and investors will be attracted to witness this industry event. The market has long been aware of this: DOT has risen to $48.381 from around $8 at the beginning of the year, and KSM has repeatedly set new highs recently, becoming one of the few bright spots in a volatile market. In contrast, in the primary market, Polkadot ecological projects frequently raise funds, accounting for almost half of the total market financing. Funds from all walks of life took the lead in deploying, and together with many emerging projects, they became important builders of the Polkadot ecology. OKEx Blockdream Ventures is a typical representative of them. As an investment brand under OKEx, the fund has successively invested in more than 10 Polkadot ecological projects since its establishment at the beginning of the year, including Plasm and Bifrost, which won the parachain slot of the Rococo test network, and Dora Factory, which has recently become popular. For some investment projects of OKEx Blockdream Ventures, for project parties, with the support of institutions such as OKEx Blockdream Ventures, they can obtain both financial and resource support, participate in parachain auctions in the short term, and better participate in Polkadot’s ecological construction in the long term. LBank Blue Shell launched BOSON at 01:00 on April 10, and opened USDT trading: According to the official announcement, at 01:00 on April 10, LBank Blue Shell launched BOSON (Boson Protocol) and opened USDT trading at 23:00 on April 9 Open deposit at 00, and open withdrawal at 16:00 on April 12. Open the recharge transaction BOSON at the same time as going online to share 10,000 USDT. At 01:00 on April 10th, LBank Blue Shell opened the deposit transaction BOSON to share 10,000 USDT. The user's net recharge amount is not less than 1 BOSON, and the user can get a USDT reward equivalent to 1% of BOSON according to the net recharge amount; the trading competition will be ranked according to the user's BOSON transaction volume, and the top 30 can be divided according to the proportion of personal transaction volume USDT. For details, please click the official announcement. [2021/4/7 19:54:33] On the eve of the parachain auction, we might as well re-examine Polkadot as a cross-chain leader, and at the same time sort out the important promoters of Polkadot's ecology. Besides Ethereum, which public chain is the most anticipated? The answer is undoubtedly Polkadot. As a cross-chain leader, Polkadot has always been regarded as a representative of "Blockchain 3.0" and undertakes the important task of connecting ten thousand chains. Although its "relay chain + parallel chain" network architecture has not yet really operated, the price of token DOT Already a rising tide lifts all boats. DOT Market Trend (Source: Ouyi OKEx) According to Ouyi OKEx market, DOT has accelerated upward since December last year. On April 17 this year, it rose to 48.381 US dollars, an increase of more than 10 times within 3 months, and once broke into the global encryption The currency market value ranks 4th, second only to BTC, ETH and USDT. First release | Blockchain technology and software security practice base officially established: Jinse Finance reported that today, the blockchain technology and software security practice base jointly built by China Soft Association Blockchain Branch, People's Public Security University, and Heze City Public Security Bureau Officially established. At the same time, Song Ailu, deputy secretary-general of the Blockchain Branch of the China Software Association, was hired as a special expert in the blockchain technology and software security practice base. The blockchain technology and software security practice base mainly involves the following areas: illegal digital currency transactions and money laundering, blockchain pyramid schemes and telecom fraud, online gambling, four-party payment, fraudulent trademark registration, etc., joint social governance, urban security, cutting-edge technology Industry experts in the field cooperate with the Police Association. According to public reports, the public security organs under Heze City have just cracked a huge telecommunications network fraud case recently, smashed a number of fraud gangs suspected of using online loans and investing in "Bitcoin", arrested 83 suspects, and seized and frozen the funds involved. 27 million yuan. [2020/7/21] Dora, founder of OKEx Blockdream Ventures, attributed Polkadot’s popularity to the following three points: Cross-chain network prospects are promising The layer structure is more capable of providing stronger expansion capabilities, and its Substrate development architecture can greatly reduce the cost and difficulty of public chain development, and realize "one-click release chain". In addition, Polkadot can bridge the Bitcoin and Ethereum networks to realize the cross-ecological transfer of assets. It has strong compatibility and is expected to break the information islands between different blockchains. Strong team development Gavin Wood, the founder of Polkadot, used to be the co-founder of Ethereum and the developer of the C++ version of the Ethereum client prototype. He completed the writing of the Ethereum Yellow Paper and invented the Solidity language designed for smart contract development. Known as the "invisible brain" of Ethereum, it has a deep understanding of the problems faced by public chains such as Ethereum. First release | Baidu's financial report reflects that the blockchain BaaS platform has become a new strategic focus: Jinse Finance reported that on February 28, 2020, Baidu (stock code BAIDU) announced its financial report, which separately described the progress related to the blockchain BaaS platform. The blockchain platform based on Baidu Smart Cloud is expected to become a new growth engine in the direction of technological innovation. In terms of AI services, Baidu has reached a cooperation with Shanghai Pudong Development Bank to jointly build a blockchain alliance and realize cross-bank information verification on the Baidu Blockchain Service (BaaS) platform. [2020/2/28] A group photo of Polkadot’s founding team, with Gavin Wood in the middle Except for Gavin Wood, the other two founders, Robert Habermeier and Peter Czaban, also have strong research and development backgrounds, rich experience in blockchain development, and certain Industry appeal. Coupled with the strong support of the Polkadot ecosystem by the Web3 Foundation, more and more outstanding developers have joined the Polkadot community. The Polkadot ecology is improving day by day Compared with other encryption projects, Polkadot is better at ecological construction. According to the statistics of PolkaProject, there are currently more than 428 Polkadot ecological projects, covering the fields of underlying technology, wallet, oracle, NFT, DAO, DeFi, Internet of Things and games, among which 143 projects are issued based on Substrate, accounting for nearly 33.4% . Source: PolkaProject First Release | Liu Yao: Baidu Blockchain Launches Tianlian Platform to Empower Chain Business: On December 20, the "2019 China Blockchain Developers Conference" hosted by CSDN was held in Beijing on December 20. Liu Yao, head of Baidu Smart Cloud blockchain products, gave a speech on the theme of "Enterprise Blockchain Empowers Industrial Innovation Landing". He pointed out that 2020 will be the first year for blockchain enterprises to land. With the implementation of the blockchain industry, Baidu has upgraded the blockchain to a platform-based strategy, and launched the Tianlian platform relying on Baidu Smart Cloud, which is to empower 360's on-chain business innovation. [2019/12/20] At the end of 2020, some of the data revealed by Gavin Wood in his year-end review also directly confirmed the prosperity of the Polkadot ecosystem: the Rust code base has more than 500,000 lines of code; the Substrate technology channel has more than 2,600 developers The number of personnel has nearly doubled compared with the beginning of 2020; a total of more than 14 million US dollars has been used for more than 200 funding projects... These data are precisely the focus of investment institutions. According to Dora, OKEx Blockdream Ventures has been paying attention to popular public chain ecological projects since its establishment, and Polkadot is one of the few value public chains. The cross-chain ecology built around Polkadot is worth looking forward to, and will continue to explore the Polkadot ecology in the future The "top students" in the school. Of course, there are external considerations for investment institutions to lay out the Polkadot track. Dora said that the current development of DeFi has entered the deep water area, and NFT is also accelerating its explosion, which greatly magnifies the performance bottleneck of Ethereum. When ETH 2.0 is nowhere in sight, emerging public chains such as Polkadot are expected to emerge suddenly, not to mention the current bull market. The market is still going on, and more funds will be injected into the Polkadot ecosystem. If the Polkadot ecology is a fire, then the upcoming parachain auction is a barrel of oil. The combination of the two is expected to produce a huge chemical reaction. What exactly is a parachain auction? To understand simply, Polkadot is composed of relay chains, parallel chains, and transfer bridges. If Polkadot is compared to a plug-in strip, then computers, refrigerators, washing machines and other electrical appliances are equivalent to parallel chains, and the jacks on the plug-in strip are parallel chains. Chain slot. Different electrical appliances can operate independently and share socket resources. IMEOS debuted EOS Go and announced two new check-in conditions: According to a report from Jinse Finance partner IMEOS: Today, EOS Go announced two new check-in conditions on steemit: 1. Plan to ensure safety: whether the candidate node is in An article published on steemit introduces the node's security methods and plans. The "safety method" standard is an opportunity to demonstrate security best practice knowledge and organizational implementation plans to EOS voters; 2. Position: Describe the node's share of inflation rewards and/or provide EOS The position of token holders to distribute dividends (candidate nodes are published on steemit). Mainly address the following two questions: Will the organization provide payments to EOS token voters for any reason, including BP elections and community recommendations? Does the organization have a written no-ticket payment policy? If so, please provide a link. [2018/4/27] Since the operation of parallel chains needs to consume network resources, the number of initial parallel chains is limited. In order to ensure fair distribution, Polkadot allows project parties to obtain the right to use slots through bidding. The project party needs to obtain the right to use by locking a certain amount of time and a certain amount of DOT to bid. This part of DOT can be purchased from the secondary market or raised from investors. After the lease period ends, the locked DOT can be unlocked. According to Dora, the founder of OKEx Blockdream Ventures, if the project party can become the first batch of parachains, it can not only give priority to sharing Polkadot ecological resources, but also gain huge market attention, which is conducive to later development. Tokens are rewarded to supporters, thereby raising more funds. Some investors have been keenly aware of the opportunities, and have been hoarding KSM and DOT since last year. Now that the parachain auction is coming, how can these investors use their coins to support the project and get rewards? Dora focused on two methods, one is to use the pledge tool in the Polkadot ecosystem to directly put the tokens in the hand into the smart contract, and the operating threshold is relatively high; the other is to use the related services launched by the centralized exchange, For example, OKEx's upcoming card slot auction service allows users to directly lock DOT for supported and optimistic projects, and the operation is relatively simple. No matter which way is taken, the good show that investors expect is getting closer. On April 7, Kusama has officially launched the parachain auction webpage, explaining in detail what Kusama's parachain auction is, how to participate and more frequently asked questions. On April 23, according to official news, the current parachain test network Rococo has launched the public welfare parachain Statemint and started testing asset issuance. Acala, Zenlink, ChainX, and Bifrost have issued test tokens on the Statemint test network. There are various signs that the parachain auction of Polkadot ecology is about to kick off, and a new round of wealth effect is expected to be ignited. The reason why the Polkadot ecosystem is so hot is not only due to the efforts of the Web3 Foundation and the founding team, but also due to the joint efforts of the entire market. Overall, these forces are divided into the following categories: 1. Encryption funds Since 2020, with the launch of the Polkadot mainnet, investment in Polkadot ecological projects has become an important direction. No matter the top institutions or emerging capitals, they are continuously raising money on this track. As a new player on this track, although OKEx Blockdream Ventures started late, it has already laid out a lot. Founder Dora revealed that the fund has been exploring star projects in the Polkadot ecosystem through various channels since the beginning of the year, and has invested in more than 10 projects so far. Like other institutions, OKEx Blockdream Ventures is willing to provide resource support and services for high-quality projects, provide value for their development, and accompany and witness the birth of blockchain killer projects together. The difference is that OKEx Blockdream Ventures needs to help the ecological layout and traffic growth of the trading platform while cooperating with project investment. "For high-quality projects, the resources and traffic of the Ouyi OKEx platform can quickly help the project develop, quickly gain market attention and improve its brand awareness." Dora explained. According to public information, some Polkadot ecological projects invested by OKEx Blockdream Ventures have issued tokens on the exchange, and the opening price was as high as 80 times the public offering price, which shows the market attention. 2. Exchanges The exchange is the largest traffic entrance in the entire market. It is logical to follow up on the Polkadot ecology. At present, most exchanges, including Ouyi OKEx, have launched the Polkadot ecology zone, which is convenient for investors to deploy Polkadot ecological projects. . Source: Ouyi OKEx official website It is worth noting that in addition to the regular currency listing, Ouyi OKEx also launched lock-up mining products of DOT, KSM and other currencies to help investors obtain mining income with a low threshold. OKEx Blockdream Ventures, a subsidiary of the exchange, continues to explore and invest in high-quality projects in the Polkadot ecosystem. Next, with the opening of the Polkadot ecological parachain auction, major centralized exchanges are expected to build token pledge portals to connect project parties and supporters participating in the auction. 3. Industry media, KOL and community As a major event that can be foreseen in 2021, industry media, KOL and the currency circle community will also not be absent. Let's take a look at the industry media first. Live broadcasts, special topics, market reports... almost available resources, the major media are not stingy when reporting on the Polkadot ecology, not only to aggregate resources, but also to compete for the right to speak, becoming one of the biggest movers in parachain auctions. KOL is no exception.


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