Home Altcoins News Polkadot (DOT) Educational Campaign Has Started

Polkadot (DOT) Educational Campaign Has Started

Polkadot (DOT) Educational Campaign Has Started Jpeg

The educational campaign for Polkadot has started. A research from Web3Foundation on utility token design showed that Polkadot is sustainable, providing the optimal provision of services for all network participants, opposed to web2 platforms that maximize the platform’s interests over that of users.

Reportedly, unlike centralized web2 platforms which favor the interests of the platform, decentralized utility token ecosystems are mostly efficient.  This results in the optimal provision of services for all ecosystem participants. This also highlights a tension referred to as the ‘utility token trilemma’ and demonstrates that Polkadot’s utility token model is sustainable, resulting in optimal dynamics for the entire community of network participants.

Also most platforms do not set an explicit price for their services, but they do allow their users to compete for them.  This in turn will not engage in anti-competitive price-setting behaviour in terms of design.

Therefore, the point in question is whether a platform will want to provide an inefficient service quality. Analysis shows “no”. Specifically, it shows that there are equilibria which will be in the best interest of the platform to eventually choose the socially optimal quality of services.

Polkadot is not having a single platform designer, but is community-led with a clear governance process.

Also, Polkadot provides more incentives to its users and validators than that which is actually necessary to ensure the system is self-sustained.  This is the reason for why they are using a bonding scheme for the bids in the parachain auctions.

Findings indicate that the general setup of Polkadot is sustainable. The token value is reflective of the portion of services which a DOT can buy. The parachain auctions mostly generate a token demand which will be met by the supply of the validators, thus keeping the system going.

Community Response:  Over supply and an ecosystem which really doesn’t do anything, where is the defi, gaming and privacy.

More active engagement needed with the community to help people understand it better, create awareness and simplification to contribute to crowdloans.

DOT is not growing Dot is powerful project. But I don’t know why Polkadot has not achieved three digits’ price.

I originally expected DOT to be on par with SOL, BNB, even AVAX. DOTs been left for dead, the tech and innovation was just to slow to market.

You clearly haven’t done your research and are basing it off your emotions because price isn’t moving. It’s done 10x in less than a year and parachains just began. It will have everything you mentioned and more. Parachains literally just launched.

 

 

 

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dan saada

Dan hold a master of finance from the ISEG (France) , Dan is also a Fan of cryptocurrencies and mining. Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

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