What is Polkadot (DOT)

Polkadot is a next-generation blockchain protocol that unites an entire network of purpose-built blockchains, allowing them to operate seamlessly together at scale. Because Polkadot allows any type of data to be sent between any type of blockchain, it unlocks a wide range of real-world use cases.

By bringing together the best features from multiple specialized blockchains, Polkadot paves the way for new decentralized marketplaces to emerge, offering fairer ways to access services through a variety of apps and providers.

While blockchains have demonstrated great promise in several fields—Internet of Things (IoT), finance, governance, identity management, web decentralization, and asset-tracking to name a few—design limitations in previous systems have largely hindered large-scale adoption.

Polkadot’s design offers several distinct advantages over existing and legacy networks, including heterogeneous sharding, scalability, upgradeability, transparent governance and cross-chain composability.

Details

Public sales: Oct 15, 2017 – Oct 27, 2017
IEO (BW Launchpad): Jul 21, 2020 – Jul 22, 2020
Token supply: 533,145,000 DOT
Total tokens for sale: 100,000,000 DOT
Raised: 145,000,000 USD

Legal

Blockchain Platform: Ethereum

Office address: Reiffergässli 4 6300 Zug Switzerland

 

Token info

Ticker: DOT
Type: Utility-token
Token standard: ERC20
Accepted currencies: ETH