Observation and Viewpoint

Polkadot Weekly Observation, is a summary of what happened to Polkadot’s entire ecology last week, and we will also share some of our observations on these events in the form of vernacular.This article is intended to provide information and opinions, and does not endorse any project.Any project mentioned is not for investment recommendation, but for information display only.

Observation and Viewpoint

1. Review of the phenomenon on the eve of Kusama slot auction

What is the value of Kusama and why is it important?What is the value of Kusama and why is it important?"The article explained the value of Kusama and predicted the phenomenon that may appear in the future. Looking at it now, the phenomenon described in the article is happening.

Many projects have followed Polkadot. Polkadot has built a leading network Kusama with an economic system. These projects have also deployed a leading network on Kusama for their main chain. Therefore, Kusama will also be a network with a very rich ecology in the future, andKusama will also serve as a secondary relay link into Polkadot to further expand its value. Therefore, those projects that have deployed the pre-network on Kusama, their pre-network may also have the potential of Kusama.

In addition, we also mentioned a word at the end of the article:Rhythm. The development of Polkadot is due to itsSteady development tone, so that many functions must be tested first (such as testing on Westend), and then uploaded to the leading network Kusama, and then observed whether it is running well, and finally uploaded to Polkadot. This naturally makes the development of Kusama and Polkadot very rhythmic. Whoever can grasp this rhythm will get better dividends. This is why KSM has performed better than DOT recently.

2. What is the significance of the slot auction for the Polkadot ecological project?

We first need to figure something out. Not all Polkadot ecological projects require slot auctions. There are mainly several situations here.

The first is that the project party does not need to access the Polkadot ecosystem for various reasons. For example, the current project is in the early stage of research and development, or has just launched the main network, and is not ready to participate in the slot auction immediately. For another example, the project itself is self-contained and can operate independently, but it uses Polkadot's Substrate framework to build its own public chain. Strictly speaking, such a project cannot be regarded as an ecological project of Polkadot, but because it is a chain built based on the Substrate framework, if you plan to access Polkadot in the future, it will be easier than a chain that does not use the Substrate framework, so It is not ruled out that such a project will consider accessing Polkadot in the later stage.

Another example is that Polkadot’s cross-chain function is not very necessary for its own functions. For example, what Zenlink does is a cross-chain DEX protocol with multiple chains and global shared liquidity. It can provide DEX modules for each chain, and at the same time allow all chains using this DEX module to share liquidity. The chain function does not require Polkadot slots so much.

Second, different Polkadot ecological projects have different development rhythms, and the requirements for cross-chain functions are also different in time and degree. Some projects can quickly generate traffic after Polkadot launches the cross-chain function, and there will also be many cross-chain needs, such as DeFi projects, and some projects are difficult to develop before the ecology is developed. There are so many cross-chain demands, but why actively grab slots? on the one handNeed to win slots to attract more developers and money, which is conducive to the development of its own ecology; on the other hand, it can befor marketing purposesMake yourself more famous and enhance your brand image.

For this auction, the focus is still on that point,Grasp the rhythm of these ecology, and you will get unexpected dividends.This is also to remind everyone not to be limited to Kusama and Polkadot, but to pay more attention to Polkadot ecological projects.

Third, for some projects that do not need marketing, or projects with insufficient financial strength or community consensus, and projects that do not have such a large demand for cross-chain functions, they are waiting for the launch of parathreads, and they will chooseOnly use parallel threads to meet daily needs, or use parallel threads to transition first, Wait until there is not so much competition in the slot auction in the later period, or the own strength is stronger, and then consider the slot auction.

Fourth, since Kusama will also be connected to Polkadot in the future, some project parties will not choose to build an additional pioneer network, but choose,Either only access Kusama (get Kusama slot), or only access Polkadot (get Polkadot slot), or both.

3. How will the US economic data affect the market outlook?

With the arrival of summer, rising temperatures have curbed the development of the new crown. At the same time, vaccines have also played a certain role. The United States has thus ushered in a round of employment recovery. The recovery of the service industry will divert part of the inflation problem of US goods. We mentioned before that inflation in the United States is serious, but it does not mean that inflation is a bad thing. When the economy needs to be restored,Moderate inflation is actually good, which is also a direction that the US mainstream economy must adhere to at present.

The policies of various countries on cryptocurrencies are still advancing in an orderly manner. If the policy is so gradual without further increase, and the premise of ensuring moderate inflation at the economic level, if the rate hike is not so fast, the market outlook is likely to be a structural bull market. Of course, there are still quite a few restrictions, that is to say, we cannot be blindly optimistic.Big changes at any level may have a big impact on the cryptocurrency market. At that time, even if Polkadot starts to develop its ecology, the impact will not be small.operate with caution。

first level title

Polkadot official news

【Statemine gets Kusama network's first free parachain slot! 】

At 00:30 on June 4th, after two council + technical committee + community referendums on the Kusama network, the parachain Shell was finally upgraded to a Statemine parachain! This means that the Kusama network officially launched the first non-profit parachain Statemine, and allocated the first free slot to Statemine through governance! This is a very historic moment! As a member of the Kusama Council, PolkaWorld also participated in the two motion votes!

According to the latest Polkadot weekly report released by PolkaWorld, important events this week include:

According to the latest Polkadot weekly report released by PolkaWorld, important events this week include:

(1) On June 2, the Shell parachain runtime on Westend was upgraded to Westmint (the Westend version of Statemint);

(2) On June 3, the Kusama Council voted twice, the first time to change the storage of the shell to the genesis state of statemine, and the second vote to upgrade the logic of statemine for the shell, which was then accelerated by the technical committee and entered into a referendum;

(3) At 00:30 on June 4th, after the Kusama network went through two council + technical committee + community referendums, the parachain Shell was upgraded to the Statemine parachain. This means that the Kusama network officially launched the first public welfare parachain Statemine, and allocated the first free slot to Statemine through governance;

(4) The NFT and asset modules of Statemine have been developed and perfected. At present, the asset interface has not been opened to the outside world and can only be invoked through Sudo. The next step is to enable the asset issuance function through the Kusama Council and referendum;

(5) On June 5, the Kusama council voted to pass Motion 306, which will upgrade Kusama's Runtime to v9040 to add 2 transfer methods on Kusama-Statemine, and a referendum will be launched next.

【Web3.0 Bootcamp Phase II Smart Contract Session Held Successfully】

On June 3, the second phase of the web3.0 bootcamp smart contract session co-sponsored by Vientiane Blockchain, Xinlian Space, parity, and web3foundation was successfully held. This event mainly brought you a comprehensive understanding of the smart contract platforms on Polkadot: moonbeam, patract, clover.

[Ambassador Program｜The list of Polkadot ambassadors for the first phase in 2021 is announced, thanks to the 11 ambassadors for their outstanding contributions to the Polkadot community]

big ecological news

big ecological news

【Acala Asian Community Ambassador Recruitment Program Officially Launched】

Acala was established in 2019. Since its establishment, Acala has become one of the fastest growing and most influential DeFi projects. At present, there are more than 10 excellent overseas community ambassadors active in the United States, Europe, New Zealand and other regions. All over the world, but become a strong link between Acala and the community. This recruitment is for community ambassadors in China, Japan, South Korea, Southeast Asia and other countries.

[Patract important milestone: Redspot v0.4 completes the main development plan]

Ten months ago, Patract submitted the treasury proposal #0[1] of Redspot v0.1, and described the development plan for the next 4 versions. A few weeks ago, we submitted treasury proposal #44[2] for Redspotv 0.4, and now we have all the plans in place. Redspot is working hard to project the development of ink! and simplify testing and interacting with contracts. Source code and documentation are inhttps://github.com/patractlabs/redspot/。

【Apron Network Launch Node Service Provider Recruitment Announcement】

Apron Network is committed to building a decentralized infrastructure service network platform, linking infrastructure service providers and Dapp developers, allowing service providers to publish any type of service and benefit from it. Apron Network will provide developers with various types of infrastructure services such as node services, on-chain data indexes, quotes, and random numbers, and will be available on Kusama, Polkadot, Ethereum, Heco, BSC, Filecoin, Helium, including Layer 2, etc. Provide services on the public chain.

【Plasm Network Announces SDN & PLM Token Distribution Details】

Shiden Network is a fork of Plasm Network that acts as a smart contract for the Kusama parachain. Shiden Network's token system is slightly different from Plasm Network, just like Kusama is different from Polkadot.

【Zenlink launched the first global community creativity contest】

In order to stimulate the creativity of community members, Zenlink team launched the first global community creativity contest, if you have "materials", please don't hide (Never Hide Your Creativity)! This event is divided into two parts, the Zenlink Meme Creative Contest and the Zenlink Essay Contest, there is always one that suits you.

[Patract launches ink! and Ask!'s standard library project Metis to quickly build Wasm smart contracts]

Metis is a WebAssembly contract standard library developed by Patract. Patract Labs will work with the community to formulate various WebAssembly contract standards, develop corresponding implementations of ink! and Ask! versions, and conduct audits by professional organizations.

【SherpaX 2+1 Testnet Contest Officially Launched! 】

The ChainX Pioneer Network SherpaX 2+1 testnet was officially launched on June 4th. In this 2+1 joint test, 2 represents the ETH-based currency cross-chain gateway and BTC-based currency cross-chain gateway; 1 represents the upgraded version of ChainX decentralized AMM DEX. SherpaX will be connected to Kusama as a parachain.

To welcome the upcoming Kusama slot auction, SherpaX is now launching the SherpaX 2+1 Testnet Contest, with 6 prizes waiting for you!

[Shawn Tabrizi serves as the Polkadot ecological open source blockchain protocol KILT Protocol technical consultant]

KILT Protocol, the Polkadot ecological open source blockchain protocol, tweeted that Shawn Tabrizi has now become a KILT technical advisor. It is reported that Shawn is the head of the Runtime Engineering Team of Parity Technologies, responsible for guiding the development of Substrate and Polkadot runtime.

[Zenlink releases the second batch of exploration version NFT collection guide issued by NFT Genesis]

Zenlink Announces: The long-awaited second batch of Discovery NFT releases by community members is finally here. Previously, Zenlink has announced the complete list of NFT issued in its first public test, and will complete this part of NFT issuance in two batches. At present, the first batch of exploration version NFT has been issued, and the second batch of exploration version NFT will be launched soon.

【Coming APP is officially launched! 】

Coming is a communication software that focuses on user privacy and security. It is committed to solving the core issues of web3.0 such as unified identity authentication system, data confirmation and authorization, privacy protection, decentralization, etc., and is born to build a new private social network economic ecology.

The ChainX team realized the disadvantages of Web 2.0 communication software very early, and then began to plan the positioning of Coming and implement the development. After months of iterations and updates, Coming App V0.0.2 was officially launched recently!

【In May, the Patract Open Alliance added Crust, NFTMart, Cycan, Polka.Warriors, BML and other members to join】

In May, Polkadot ecological projects Crust Network, NFTMart, and Cycan Network, as well as Polkadot media communities Polka.Warriors, DotMarketCap, and BML officially announced to join the Patract Open Platform (POP for short, and the Wasm contract technology alliance) to jointly build the Wasm contract ecosystem.

[Private venture capital firm Master Ventures launches $30 million Polkadot fund]

According to PRNewswire, private venture capital firm Master Ventures has launched a $30 million fund for crypto projects, aiming to build parallel chain slots on Polkadot. The Master Ventures Polkadot VC Fund, the first of its kind, will invest in the most promising projects of Polkadot and its canary network, Kusama, according to a statement Wednesday.

【Bit.Country will create massive employment opportunities in Africa! 】

Bit.Country is built by some very experienced blockchain technicians who have rich experience in this field. This project will be very promising. Ray Lu, Justin Pham and Shannon Christie are the core members of the project. In addition, Bit.Country is built under the Polkadot network. This not only ensures the security of users, but also ensures the cross-site compatibility of the project. Therefore, this project will solve many problems in the blockchain field and will create many job opportunities for the masses in Africa and other regions.

[Polkadot ecological project StaFi: Yearn Vault has integrated crvRETH]

The Polkadot ecological project StaFi tweeted that StaFi rToken has completed a new integration, and yearn.finance has opened a vault for crvRETH. crvRETH is the certificate of deposit token for the rETH/ETH pool on Curve Finance. Users can deposit crvRETH into yearn.finance's Vaults with an APY of 15%.

[Two founders of PolkaWarriors join the SubDAO team]

SubDAO is Polkadot's DAO infrastructure, which allows any decentralized organization to quickly create and manage DAOs. SubDAO can not only link DAO and DApp to realize cross-chain management of DAO, but also provide an entrance for Web2.0 to connect to the Web3.0 world. Sang Tran, founder of PolkaWarriors, a well-known Polkadot community, and Tony Montana, co-founder, joined SubDAO Labs as part of the team and are jointly responsible for the construction of the SubDAO global community.

【RMRK and Bit.Country join forces to create a new model of metaverse!】

Kanari, a fundraising project hosted by RMRK, will distribute unique NFT eggs that will hatch into special, unique and rare Kanaria birds (canaries) with upgradable traits. The Metaverse chain allows the instantiated Metaverse of any project to interact, and the chain is dedicated to supporting the presentation and use of the RMRK standard in Bit.Country. Bit.Country and RMRK are committed to building and maintaining Bit.Country to truly demonstrate the potential of gamified NFTs.

[Polkadot ecological project StaFi: WrapFi will launch an incentive plan for rTokens/ETH liquidity providers]

The Polkadot ecological project StaFi tweeted that WrapFi will launch an incentive plan for rTokens/ETH liquidity providers, and UNI-V2-LP providers will receive 9% of the total supply of WRA as a reward. It is reported that WrapFi is a dedicated DEX for interest-bearing tokens supported by the TMM algorithm.

[Sakura Pre-Crowdloan officially starts, early participation can get up to 20% profit bonus]

Sakura, the leading network of Clover Finance, officially started Pre-Crowdloan, and early participation can obtain a maximum profit bonus of 20%. Clover Finance is a Polkadot ecological smart contract platform dedicated to providing an easy-to-use blockchain infrastructure and creating a one-stop compatible EVM framework for Substrate-based applications to reduce the barriers to entry and costs for developers. Ethereum developers and projects can simply migrate their smart contracts to Polkadot.

【Idavoll Network, Polkadot's ecological DAO infrastructure, will be integrated into Huawei Cloud】

According to Businesswire, Polkadot's ecological DAO infrastructure Idavoll Network announced a partnership with Huawei, which will be integrated into Huawei Cloud. Idavoll Network said that after the integration, users will have the freedom to choose a cloud or region (region) to create and run DAO services, share event infrastructure between companies, and access structured, authenticated data clustered within the platform.

[Polkadot-based NFT public chain Efinity is about to launch a public offering on Coinlist]

According to official news, Efinity, the Polkadot-based NFT public chain developed by Enjin, is about to launch a public offering on Coinlist. The registration period for the public offering is from June 2 to June 18, and the public offering will officially start on June 24. Regarding the public offering rules, the subscription amount for each user is 100-500 US dollars, the public offering price is 0.2 US dollars, and the tokens will be released linearly within 9 months starting on or around August 4, 2021.

Efinity, developed by the Enjin team, is a Polkadot-based NFT public chain. In March of this year, Enjin completed a $18.9 million private placement round led by Crypto.com Capital, DFG Group and Hashed, and plans to build Efinity, a Polkadot-based NFT blockchain.

[Reef Finance launched a $20 million subsidy fund to expand the scale of Reef Chain development]

We are pleased to announce the launch of a $20 million stipend fund for developers to expand the development of Reef Finance's Reef Chain. A $20 million stipend fund will be used to help equip developers with the necessary infrastructure to build out the Reef ecosystem. We hope to attract top talent who are interested in building the future of DeFi applications with us.

[Crust Network will issue 90,000 CRU and 1.8 million CSM to reward crowd lending participants]

Crust Network officially announced on the "Polkadot Ecological China Tour" that it will encourage users to use Crust storage through token incentives. In addition, Crust will release 90,000 CRU + 1.8 million CSM to reward users who pledge KSM in the Kusama slot auction crowd loan. CSM is the native token of Crust Shadow. In the follow-up "Data Creates Value" activity, storage users can obtain CRU rewards by staking CSM.

【Bifrost will participate in the first slot auction of Kusama】

Tyrone, head of Bifrost products, said at the "Polkadot Ecological China Tour": Kusama parachain auction is expected to start within two weeks, and Bifrost will participate in the first slot auction of Kusama. In addition, the integrity of the XCMP cross-chain message transmission protocol will pose the biggest challenge to the Polkadot ecosystem, and a complete XCMP will bring a blowout application explosion to the Polkadot ecosystem.

[NFT-based decentralized data transmission blockchain Ternoa is about to launch a bridge to realize cross-chain interoperability between BSC NFT and Polkadot ecosystem]

Ternoa, an NFT-based decentralized data transmission blockchain, recently announced on Twitter that it will launch the first bridge to realize cross-chain interoperability between BSC NFT and Polkadot ecosystem, including CAPS ERC20-BEP20 and Ternoa NFT-Binance NFT bridge .

【Bit.Country has launched a reward activity for node operators! 】

On Bit.Country, you can tokenize your community with your theme, your DAO, community tokens, NFTs and virtual markets to create your own Bit.Country ). Your fans will have the opportunity to earn your tokens through various KPIs you set.

【SubGame launches TokenPocket as the first Polkadot ecological parachain】

Ecological investment and financing

Ecological investment and financing

【Decentralized middleware protocol Automata Network completes US$2.4 million strategic round of financing, Kernel Ventures and others participate in the financing】

On May 31, the decentralized middleware protocol Automata Network announced the completion of a $2.4 million strategic round of financing, with participation from KR1, IOSG Ventures, Jump Trading, and Kernel Ventures.

Automata Network is a decentralized middleware protocol that provides middleware-like traceless privacy services for DApps on Ethereum and Polkadot to achieve privacy, accuracy, and frictionless computing.

[Subspace Labs completed a seed round financing of 4.5 million US dollars, IOSG Ventures and others participated in the investment]

According to official news, Subspace Labs recently completed a $4.5 million seed round of financing. The round was co-led by Hypersphere Ventures and Stratos Technologies, with participation from Consensys Mesh, IOSG Ventures, Republic Labs, D1, OKEx Blockdream, Gate Labs, NGC, Candaq, Krypital, Dealean, Cabin VC, and DefinanceX.

Subspace can provide incentive compatible (incentive compatible) innovative Proof-of-Capacity (PoC) consensus algorithm and scalable, sustainable decentralized storage for Polkadot network development, fully realizing free, fair and environment-friendly hard disk-based The consensus algorithm solves the centralization tendency of Pow and PoS networks at the same time.

[NFT protocol RMRK completes USD 6 million in financing, LD Capital and others participate in the investment]

According to The Coin Republic, RMRK, an NFT protocol, announced the completion of $6 million in financing. Investors include D1 Ventures, LD Capital, YBB Foundation, PAKA, Signum Capital, and Carbon Blue. The financing will be used to establish a standard cross-chain NFT infrastructure in the Polkadot and Kusama ecosystems.

[Pontem, a Polkadot-based DApp framework agreement, received US$4.5 million in financing]

According to official news, Polkadot-based DApp framework agreement Pontem received US$4.5 million in financing, led by Mechanism Capital and Kenetic Capital, Alameda Ventures, Delphi Ventures, Animoca Brands, NGC Ventures, Morningstar Ventures, Genesis Block Ventures, Spartan Capital, Altonomy, Avalanche, CMS Holdings, Momentum 6, Taureon, AU21 Capital, GIBC, etc. participated in the investment.

Ecological cooperation

Ecological cooperation

【NFTMart and adFunture reached a strategic cooperation】

Polkadot's ecological NFT trading platform NFTMart announced a strategic cooperation with adFunture, a well-known domestic trendy play brand. The two parties will carry out in-depth cooperation in the field of NFT+ trendy games to help more street artists and designers understand and use blockchain, and introduce street culture and trendy games into the NFT world. Provide richer investment products and collections for NFT investors and collectors.

adFunture was founded in Hong Kong in 2002. It is a platform that can cooperate with street artists and designers all over the world. Many street culture heavyweights have cooperated with adFunture. In addition to a number of well-known dolls, it has also launched joint models with well-known brands such as Hiroshi Fujiwara, Jeff Staple, Futura, Mishka, Flying Fortress, Devilrobots, D*Face, Fafi, and Faile. adFunture often hosts exhibitions of artists' work alongside product launches. So far, he has planned and organized many exhibitions in Paris, London, Berlin, New York, Los Angeles, Toronto, Shanghai and other places, and more than 200 street artists and fashion designers have participated in the exhibitions.

【Ares Protocol and Kesef Finance reached a strategic cooperation】

Ares Protocol is built on the Polkadot ecosystem to provide a reliable, efficient, trustless, intelligent, cross-chain oracle protocol. Ares Protocol provides safe and reliable data to DeFi platforms and will provide the same service to Kesef, giving Kesef Finance a competitive advantage. We are committed to providing services for disruptive solutions, and Kesef Finance is one of our partners. Ares Protocol will help Kesef Finance collect credible and convincing data, and serve as a bridge to help Kesef explore opportunities within Polkadot's DeFi ecosystem!

【Litentry announces cooperation with iMe to broaden the usage boundary of DID】

iMe is a new instant messaging software based on Telegram API, which combines artificial intelligence Neurobots, and a full-featured encrypted wallet. It allows users to easily and securely purchase encrypted assets with credit cards, manage them and send them to any contact with one click. As of June 1, 2021, iMe's total downloads exceeded 2.3 million and its daily active users exceeded 200,000. We think iMe Messenger is very ambitious and aspirational, and really committed to using creative imagination to shape the future of decentralized social. So we're delighted to be working with them to bring a range of new features to iMe users. This will help drive DID usage and awareness among the non-crypto population.

[Polkadot ecological NFT trading platform NFTMart and SHEERBLOX reached a strategic cooperation]

According to official news, NFTMart, the Polkadot ecological NFT trading platform, announced a strategic cooperation with SHEERBLOX. The two parties will jointly explore the NFT+music model, help musicians enter the NFT world, and recommend more excellent investments for NFT collectors and investors. music NFT assets.

SHEERBLOX is a club electronic music label based on the totem of the wave breaking block against the waves on the beach. Excavate those forgotten and never-germinated electronic music sounds with a higher standard. Committed to making electronic music live, scene-based, and showing the various possibilities of electronic rhythms in various forms such as parties, visuals, installations, and videos. Music producers and visual artists under SHEERBLOX include: ANOHITO, CamberX, 3Colo, Yanfu Lu, KiwiZ, Vertigob, etc.

【Genesis Shards has reached a cooperation with the decentralized cross-chain bridge network Darwinia】

Projects on Darwinia will be able to obtain pre-IDO liquidity on the platform through NFT on Genesis Shards through Gen Tickets. They will also be able to benefit from Genesis Shards' comprehensive strategic partner network, including access, ecosystem connection and mentoring partners.

[Phala and Amara have reached a strategic cooperation and jointly released the asset data cross-chain solution MaraLink]

On June 2, Phala Network announced a strategic cooperation with Amara Finance, a Polkadot ecological multi-chain asset lending financial agreement, and jointly launched an asset data cross-chain solution - MaraLink, which aims to build assets between Polkadot ecology and other popular public chains Data exchange bridge.

【Polkstarter and Polygon have reached a partnership: start deploying projects on Polygon! 】

Polkastarter has been integrated into Polygon. This cooperation will bring great scalability and interoperability to the entire Polkastarter ecosystem, while reducing Gas costs.

Polygon is a protocol whose mission is to build an "Internet of Blockchains based on Ethereum". Polygon's vision is to build a cross-chain ecosystem compatible with Ethereum, allowing the Ethereum ecosystem to grow infinitely without sacrificing scalability. Polygon achieves this with a tool that allows Ethereum developers to rapidly deploy custom, Ethereum-compatible blockchains. These blockchains use the PoS built by Polygon to protect the chain, enabling fast transactions on the premise of secure settlement on the Ethereum mainnet.

【Moonbeam Network announced the completion of integration with Polkamarkets】

According to official news, Moonbeam Network announced the completion of integration with Polkamarkets. This integration will accelerate the migration of Polkamarkets market prediction technology to Polkadot. Through Moonbeam, the Polkamarkets team will be able to provide real-time market forecasts for more valuable assets such as virtual currency, e-sports, professional sports, or more Polkadot-based assets.

【ETF investment platform Plethori reached a cooperation with blockchain data transmitter PARSIQ】

According to Cryptodaily, ETF investment platform Plethori announced that it has established a strategic partnership with blockchain data transmitter PARSIQ. The partnership will enable Plethori to integrate PARSIQ's smart triggers to create dynamic ETF price feeds for Plethori's platform.

Plethori is an ETF investment platform that allows the creation of trustless ETFs and open transactions using blockchain technology and Layer-2 solutions. Additionally, Plethori offers its users cross-chain investments in exchange-traded funds built on Ethereum and Polkadot.

Investors can use the service and deposit funds to invest in a range of ETFs, enabling them to invest in the cryptocurrency industry such as oracles, NFTs, insurance, derivatives, and more.