1/ The first panoramic and interactive @Polkadot & @Kusamanetwork Ecosystem Map is HERE, together with the Polkadot Deep Dive Report Q3 2022.
All the highlights you need to know👇
dotinsights.xyz
2/ From parachains to DApps to infrastructure solutions, 500+ projects spanning 25 categories are presented with a sleek-and-chic UI, so that you can grasp the vast expanse of the @Polkadot & @Kusamanetwork Ecosystem within minutes💪
3/ This map aims to motivate two-way interactions between users and projects through VOTING mechanism, which will go live at 12:00 AM UTC on November 18 when the “Most Loved Projects” Campaign kicks off!
Stay tuned for a chance to win a free NFT🔥
4/ And don’t you miss out Polkadot Deep Dive Report, coming back for the Q3 2022 issue🥂
Dev Activity on @Polkadot saw a sustained rally in Q3 amid market downturn, easily surpassing @ethereum @solana @NEARProtocol & @0xPolygon & only coming second to @Cardano for the most part.
5/ A July report by @UltimateMoney showed that @Polkadot’s Nakamoto coefficient outranked other networks, 3 times higher than @solana & @avalancheavax & almost 12 times higher than @cosmos, @NEARProtocol & @BNBCHAIN.
Higher coefficient means higher level of decentralization🎉
6/ Total accounts on @Polkadot & @Kusamanetwork continued to rise steadily. Sep 28 witnessed the total number of $DOT holders surpassing the 1M milestone.
In the first two weeks of November, there was a sharp increase in new accounts created on Polkadot🙀
7/🧐Parachains on @Kusamanetwork and @Polkadot made good use of the Polkadot-specific #XCM feature to enable cross-chain communication and transfer. Q3 2022 recorded impressive transfer value in the top 10 chains!
8/ The @Web3foundation Grants Program announced a new milestone on July 28: among 1054 received applications, they had accepted and signed grants for 415 projects.
41.5% of funded projects developed runtime modules and chains, making this the dominant category among recipients.
9/ #DeFi was undoubtedly the most buoyant segment in the @Polkadot & @Kusamanetwork Ecosystem. By Sep 30, top 5 parachains with the highest #DeFi activities were @MoonriverNW @MoonbeamNetwork @AcalaNetwork @ParallelFi & @AstarNetwork!
10/ @ParallelFi rose up to lead the lending race in the last two-third of Q3, surpassing $75M in TVL at its peak on Aug 6.
The Nomad incident in August led to a sharp decline in @MoonwellDeFi's TVL, but the protocol is quickly rebuilding with the new Moonbeam Foundation Grant😎
11/ The #NFT sector was vibrant in Q3, with sales spreading across marketplaces including @RmrkSingular @tofuNFT @MoonbeansIO @NFTradeOfficial & @Mintverse_🙌
@tofuNFT's sales volume on @MoonbeamNetwork most frequently topped the daily ranking, leading 58 out of 93 days!
12/ Another NFT-powered section that showed much promise in Q3 is #Metaverse.
@BitDotCountry successfully launched their Alpha Testnet before their Pioneer App went live. Within 9 hrs of launching, 1M $NEER had been staked; after day 1 ended, this number increased to over 3M.
13/ Similar to any other #Web3 ecosystems, DAOs are indispensable to @Polkadot and @Kusamanetwork Ecosystem.
Four prominent DAOs with remarkable activities in Q3 are @ChaosDAO, @AstarDegens, @GLMRApes & @TFAlphaDao!
14/ A bridge is needed if a parachain wants to reach out to ecosystems outside @Polkadot & @kusamanetwork.
Notable bridges include @nomadxyz_ @CelerNetwork's cBridge @MultichainOrg @axelarcore @wormholecrypto @InterlayHQ @kintsugi_btc @snowfork_inc & @DarwiniaNetwork's Helix.
15/ That’s it! If you want a more detailed read of the Deep Dive Report and a closer look at the Ecosystem Map, jump into dotinsights.xyz & start perusing🥳
Don’t forget to follow us @dotinsights_xyz! There’ll be a fascinating campaign you don’t want to miss on Nov 18🤗
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