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Meet the Polkadot Projects that are Bringing Polkadot to the People

coinnewsdaily by coinnewsdaily
June 1, 2021
in Alt Coin, Business
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Ethereum Rival Polkadot Soars Right after Obtaining Burst of Assistance From Binance
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Polkadot, a high-speed, interoperable, and massively scalable platform for cross-chain blockchains, has gotten a lot of press recently, owing to its ability to bring the whole blockchain ecosystem together.

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While Polkadot provides the technology and infrastructure for developers to create more powerful and inclusive products, there are a number of other platforms to choose from.

Polkastarter

Polkastarter, a launchpad for Polkadot-based projects and one of the most popular on-ramps to the Polkadot ecosystem, would be missing from any list of major Polkadot projects.

Polkastarter is a decentralized crowdfunding platform that enables individuals to gain an early stake in new Polkadot-based projects.

Currently, the platform is a simple decentralized swap platform in which selected whitelisted individuals compete for a fixed investment allocation in IDO projects.
However, there are plans to significantly expand its scope over time, including a variety of new funding methods (aside from fixed-rate swaps), governance features for POLS token holders, and anti-slippage measures.

Polkastarter on Twitter: https://twitter.com/polkastarter/status/1397959537798299691

The platform is currently built on the Ethereum blockchain, but it intends to transition to Polkadot later this year.
As a result, it will support native Polkadot projects as well as cross-chain exchanges to other blockchains (such as Ethereum and Bitcoin) via Polkadot bridges.

Polkastarter has assisted in the launch of some of this year’s most sought-after projects, including Superfarm, Ethernity, Convergence, Polkamon, and Sienna Network — many of which are being built on Polkadot or plan to migrate to it in the future.

Edgeware

Through its unique community-oriented project development and management platform, Edgeware is one of the platforms looking to help more entrepreneurs and builders leverage the capabilities of Polkadot.

By providing a democratic environment in which community members can pitch ideas, raise funds, collaborate, and build using Edgeware’s suite of powerful tools and features, the platform aims to become the premier place to build and work in the cryptosphere.

Edgeware, as a platform designed to power the next generation of decentralized applications (DApps), provides a platform for developers to easily re-deploy their native Ethereum smart contracts with few to no changes. This is because it supports Ethereum WebAssembly (Ewasm).
It also supports smart contracts written in Rust and WebAssembly, making it approachable to novice developers.

HeyEdgeware on Twitter: https://twitter.com/HeyEdgeware/status/1397212594537127947

Edgeware, on the other hand, provides a set of modules that developers can use to quickly bootstrap their products and bake in advanced governance functionality, allowing builders to create products that support full cryptodemocracy.

Edgeware is built on Substrate and is inextricably linked to the larger Polkadot ecosystem.
As a result, Edgeware developers and communities will be able to easily incorporate cross-chain support and enabling developers to create products that support complete cryptodemocracy

Edgeware is built on Substrate and is inextricably linked to the larger Polkadot ecosystem.
As a result, Edgeware developers and communities will be able to easily incorporate cross-chain support and build composable products for the rapidly expanding DeFi landscape.

The network’s goal is to make on-chain governance a requirement for any blockchain project, resulting in a network of decentralized autonomous organizations (DAOs) that can help shape the future of the blockchain space.

Clover

Clover may have come to your attention as a result of recent news surrounding Coinlist — the platform that hosted the record-breaking final stage of Clover’s token sale, which saw more than 200,000 users compete for limited slots to participate.

The platform is intended to serve as a “foundational layer for cross-chain compatibility,” which essentially means that it will serve as a hub for developers to use in order to build cross-chain capable DApps with minimal effort.

It accomplishes this through a variety of innovations, including its SPV threshold simulation technology, which is used to establish trustless two-way pegs between different blockchain networks.
This, in conjunction with Clover’s scripting layer, enables developers to create plug-and-play DApps that benefit from interoperability as a standard.

Clover, like Edgeware, is built on Substrate and provides an EVM compatible framework for developers to easily port their Ethereum DApps over to Substrate and plug them into the Polkadot DApp landscape.

Clover on Twitter: https://twitter.com/clover finance/status/1384556698774298634

Aside from that, Clover incorporates a number of other features that make it particularly appealing to both veteran users and complete novices alike — it eliminates gas fees by deducting the transaction fee directly from the transacted asset, eliminating a significant headache for users.

Clover is currently running on its testnet, and the CLV token has yet to be released.
The CLV token generation event is expected to take place in early June, while the mainnet launch date has yet to be announced.

Tags: blockchain networksBlockchainsDAOsdecentralized applicationsDeFidistinct blockchain networksEthereumOn-ChainPolkadotTechnologyToken
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