There are reasons to believe that Polkadot (DOT) is undervalued still. A lot of people do not understand Polkadot as it is very confusing in the technological side. Many do not understand why it should be valued in the long run.
Polkadot development is on track to deliver the most robust platform for security, scalability, and invocation. They talk about true interoperability, economic, and transactional scalability, they talk about being future proof and security for everyone by their governance.
The DOT token serves there distinct purposes. Governance over the network, staking and bonding. Being an open source protocol it is built for everyone.
Polkadot governance is an acknowledgement that not every rule can be codified. Men are ruled by men, not machines in Polkadot there’s a rep. Council that adjudicates certain disputes, but no Council member has an obligation to make decisions based on precedent and statutes.
Bill Laboon, Technical Education Lead at Web3 Foundation pointed to how Polkascan has submitted their May report for maintenance on the Python library for interfacing with Substrate.
Patract has submitted a report for milestone 0.4 of Redspot (Wasm contract scaffold) for which they received Treasury funding.
About Kusama, those interested in Statemine (the first common good parachain which will run on Kusama), you can check out the Github repo here (Statemine is just the name of the Kusama version of Statemint).
Developers looking for a Polkadot-related project, should check the many RFPs for grants from Web3 Foundation.
One interesting example is a front-end for the Staking Rewards Collector, to provide a user-friendly interface for determining past staking rewards for a given account(s).
Polkadot Web3 Talks are returning on June 10th featuring all things NFT. Save your spot to hear
the major market trends and how will NFTs evolve in the coming years
Gavin Wood, Founder at Polkadot is like: “Never “can”. Always “will”.
Programmers can literally just sit down at a computer and create value for people out of thin air. However, Money and value are different concepts. You can make money without creating value (e.g. by trading or mining Bitcoin), or create value without making money (e.g. by fixing bugs in a popular open source project). Good businesses create value and make money from it.
Many are stating that Bitcoin has been designed to be inefficient on purpose in order to make it difficult for miners to mine/earn (POW) Bitcoin and thereby give it “value” If this is true, why create anything to be inefficient in this day and age? We will see if Polkadot will come up with a better answer.
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