While practical heads expect the price of DOT to touch $30, those who are too attached to the coin emotionally predict $82. At the time of writing, the price of the token has been trending at $27.82.

Polkadot facilitates Web 3.0 Blockchain Interoperability.  It enables Blockchain transfers of any type of data or asset, but just tokens.

Parachain is promising for wide range of possibilities. And, it is expected to transcend the limitations of legacy networks.   It just looks like it is important to put the DOT to work.

Lark Davis Shared: “All of my DOTs are locked for two years in crowd loans; this is either a genius or crazy move. “

Random and Mixed Reactions from Different People:  GLMR (Glimmer of the Moonbeam) network has already shown it’s a genius play. Everyone shit-talked about the rewards, but many of us got our entire DOT loan covered from just 30% of the GLMR crowd loan tokens.  For clarity, anyone who has registered a parachain can create a new crowdloan campaign for a slot by depositing a specified number of tokens.  The crowdloan is an on-chain way of helping parachain teams raise the token bond required to participate in a parachain slot auction.

Let me know what you smoking. 30% of my reward did not cover 25% of my DOT crowd loan and you are saying covered the entire loan. Anyways in the long run it’s a good move.

Limit order sells on Binance immediately after trading opened at 35 dollars. Was also 30+ on Kucoin for a good while. Obviously, if you missed that window the profit is much lower.

How did you determine that 35 dollars were a good price to sell?

Was about the top on Kucoin and I figured it might hit that on Binance. I just got lucky, though it did go 40+ for a few seconds. Crowd loaners had a huge advantage since there isn’t much liquidity.

Sounds like you hit it right. I’m + ~50% on Kucoin and only got in a few days ago. How did you set up a stop limit if the listing wasn’t open yet?

Just watch the seconds count down and start slamming the sell button. You can set up the trade parameters before.

I think it’s a crazy move, there are still DIAMOND projects to come, and if you put everything in place early on, there’s hardly anything left behind. In addition, DOT prices will develop exponentially at the back, so A CRAZY MOVE.

Which projects are you waiting for to launch their crowd loan campaigns?

The following projects are on my to-do list: Polkadex, Cloak Network, Sora, Chainlink, fractals, manga, Energy web, compound gateway, Polemic. Should I be able to work my way further into others and tie myself up, I am always open to adding more. And you?

Does Energy Web already have a token? Wonder how that works if they want to go for a para chain slot.

Doesn’t Fractal already have a token? Doesn’t Chainlink already have a token? Doesn’t sora already have a token? It’s not about the token, it’s about “the slot to get a spot-on DOT” for 24 months. It’s about securing the project’s place in the auctions.

What are the rewards for locking tokens when they are already on the market? Do they just give you more? I just thought it was for new projects that haven’t released tokens yet.

You do know that is a cash grab. Tokenomics are awful, check out the yearly inflation. Pls, don’t invest in things like that.

When you got that much money in crypto you can afford to have all your dot locked for 2 years it’s just not very responsible to be influencing this move as a good crazy idea. 2 years is a lifetime in crypto for no access.

Depending on which platform you locked them on, you can get liquidity much sooner than two years. So solid, not crazy or genius.

Same mate. I just couldn’t stop locking it! Let’s hope we’re both geniuses. Any thoughts on the project you see the most potential in?

At least it keeps me from selling any of my DOT for a couple of years. Always bullish.

My HEX is locked for 10 years helping to reduce sell pressure and delaying Gratification… Plus I’m earning yield every day for the next 10 years.

If you did the ACALA crowd loan you should be getting lcDot which you can do whatever you want with. If you already know this then good on you.

That reminds me that it is time to look into putting all that IcDOT to work while we wait, as apparently, that’s possible.

Liquid Crowd loan DOT. The underlying DOT you locked, which can be used on ACALA’s Defi hub when launched.

I would have done the same but I’m in America, where freedom is the word that people throw around liberally as if it means something, while my government continues to methodically strip away more and more opportunity from its citizens.

About 6 months from Feb after the Stock market peaks out, it’s going to feel real crazy, but then you may breathe a sigh of relief after that, if it’s not a long multi-year bear market we see play out after liquidity is drained from speculative assets.