New Video is up!
A few weeks ago, I did a video that covered Polkadot PLOs. Many of you had requested that I do a follow up with some of my picks as to the most exciting building on Polkadot.
And that’s what I have for you today!
I will be taking you through my Top 5 Polkadot parachain picks including projects that have already secured their slots on the Polkadot Relay Chain as well as those that just might very soon.
My list includes Acala Network and its cutting-edge DeFi protocol, Moonbeam and its innovative smart contract solutions, Clover Finance and its interoperability features, Efinity with its Enjin-powered, cross-chain NFT ecosystem, and Centrifuge with its real-world asset, DeFi-NFT collateralisation architecture.
Now, in my opinion, all these parachain projects are poised to perform very well in the long-run as they seek to bring some true utility, cross-chain composability and innovation to the Polkadot ecosystem as a whole.
This is primarily because Polkadot, being a multi-chain, heterogenous Layer-0 blockchain, does not actually support smart contract solutions within its native architecture. It can only maximise its potential by allowing other Layer-1 parachain blockchains to plug into its central Relay Chain.
Now, when it comes to these picks I think its worth mentioning that I am not invested in any of them. I must also stress that you should do your own research if you are considering partaking in any PLO.
This is because not every project that secures its slot on Polkadot is guaranteed to succeed in the future. Thus, please do be aware of that.
With those disclaimers out of the way, sit back, relax, grab a snack and enjoy my vid!
⛓️ 🔗 Useful Links 🔗 ⛓️
Acala Network: https://acala.network
Moonbeam Network: https://moonbeam.network
Clover Finance: https://clover.finance
Polkadot Parachain Rollout: https://polkadot.network/launch-parac…
Introduction To Parachains: https://coinmarketcap.com/alexandria/…
📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.