Polkadot Decoded Reveals Strengthened Ecosystem and New Apps

On Jul 15, 2024

Polkadot’s community and organizational structure have never been stronger, enhancing its potential for global influence.
Parity Technologies excels in engineering, with new apps simplifying Polkadot onboarding and improving ecosystem usability.

Polkadot recently retweeted a post from Gbaci, the author of “Polkadot for Beginners,” about Polkadot Decoded. Gbaci expressed his opinion, adding that after seeing Polkadot decoded for two days, he can confidently claim that Polkadot has never been in better form for global dominance.

This statement goes beyond the big news; it is all about the specifics, notably the current structure of the community and organization supporting Polkadot.

after watching 2 days of Polkadot Decoded, i can boldly say that Polkadot has never been in better shape for world domination.
this transcends the big announcements. it’s all in the details: the structure of the community and organization that surrounds Polkadot at this moment… pic.twitter.com/iHTXklQpIU
— gbaci (@gbaciX) July 12, 2024

Polkadot Decoded: Parity’s Apps Make Onboarding Simple and Easy

According to Parity CEO Björn Wagner’s announcements of the Polkadot App and Polkadot Payment, Parity Technologies is utterly focused on engineering tasks.

These apps make onboarding simple, especially for individuals who are less tech-savvy, with compatibility for Apple and Google systems, staking, and the opportunity to buy from over one million stores and receive DOT cashback.

Parity’s CTO, Pierre, is committed to making Polkadot outstanding. Gbaci enjoyed his discussion the most in Polkadot Decoded. Pierre’s commitment to guaranteeing Polkadot’s reliability for businesses, developers, and consumers is exactly what Polkadot requires right now.

Representatives from Centrifuge, Moonbeam, Parity, and other parachain teams agreed that they are already benefiting from the increased attention on protocol stability.

On the other hand, Captain Faibik, a prominent crypto analyst, has detected the possibility of a price rally in Polkadot’s coin, DOT.

According to the chart he published, DOT’s price has broken out of a falling wedge formation, potentially causing the token’s price to rise beyond $11. DOT is currently trading around $6.37, up 1.46% over the last 24 hours.

Beside that, we recently highlighted the CEO of Novasama Technologies, who revealed plans to launch the “Nova & Mercuryo Debit Card” in the Polkadot ecosystem in September. In addition, we recently disclosed that the Polkadot ecosystem had seven million unique accounts and a 33% increase in signed transactions in June.