Polkadot collaborated with Heroic to introduce Deloitte's KYC authentication solution via Polimec Protocol. Additionally, the community plans to allocate 3 million DOT tokens to support DeFi activities. 🚀
Despite this, Polkadot's cryptocurrency DOT is down 10% on the week, but some analysts are optimistic about its future potential. 📉
Open source game launcher Heroic has collaborated with blockchain protocol. This means Polkadot branding will be incorporated into Heroic's jersey design and livestream covers.
Polimec Protocol introduced Deloitte's "groundbreaking" know-your-customer (KYC) authentication solution to Polkadot as a DF grantee. These credentials are built on Kilt Protocol, one of Polkadot's parachains, and leverage advanced infrastructure capabilities.
Finally, the Polkadot community plans to allocate 3 million DOT tokens worth almost $20 million to support DeFi activity in the ecosystem.
Polkadot Blockchain Academy (PBA) announced its fifth term in Singapore. This initiative aims to nurture developer talent in the city-state and provide participants with a learning experience.
However, Polkadot's native cryptocurrency DOT has suffered poor performance recently. Its price is currently hovering around $6.40, which represents a weekly decline of 10%. However, some analysts are optimistic that an increase is on the horizon.