Polkadot company info

What does Polkadot do?
Polkadot (CRYPTO:DOT) is a blockchain platform that allows developers to create customized interoperable blockchains called parachains. Parachains connect to the main relay chain, allowing them to communicate and share in the security measures of the mainnet. DOT is Polkadot's native cryptocurrency token. It has four primary use cases: governance, transaction fees, staking, and bonding new parachains. DOT has an unlimited supply, but the network pays out rewards to validators equally, regardless of the amount staked. Polkadot is widely regarded as having achieved considerable success in sharing data and information among its multiple parachains, decentralized projects, and DApps. It is also considered a scalable blockchain network that can process transactions simultaneously across all the different chains on its network.
Polkadot company media
Company Snapshot

How many people does Polkadot employ?

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Employees
177

What is the market cap for Polkadot?

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Market Cap
$10.09B

Where is the head office for Polkadot?

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Head Office
Zug, Switzerland

What year was Polkadot founded?

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Year Founded
2017
What does Polkadot specialise in?
/1Confirmation Portfolio /Arrington XRP Capital Portfolio /Binance Chain /Blockchain Capital Portfolio /BNB Chain /BoostVC Portfolio /CMS Holdings Portfolio /Coinfund Portfolio /Exnetwork Capital Portfolio /Fabric Ventures Portfolio /Fenbushi Capital Portfolio /Hashkey Capital Portfolio /Injective Ecosystem /Kenetic Capital Portfolio /Pantera Capital Portfolio /Placeholder Ventures Portfolio /Polkadot /Polkadot Ecosystem /Polychain Capital Portfolio /Spartan Group /Substrate /Three Arrows Capital Portfolio /Web3

What are the products and/or services of Polkadot?

Overview of Polkadot offerings
Acala: Acala is a decentralized finance (DeFi) hub on Polkadot that offers a variety of services, including lending, borrowing, staking, and trading.
Kusama: Kusama is a testnet for Polkadot that allows developers to test their dApps on a live blockchain before deploying them to Polkadot.
Moonbeam: Moonbeam is an Ethereum-compatible smart contract platform on Polkadot that allows developers to deploy Ethereum-based dApps on Polkadot.
Parachain Auctions: Polkadot regularly auctions off slots for new parachains to be connected to the main relay chain. This allows developers to launch their parachains without having to go through a permissioning process.
Polkadot Governance: DOT holders can vote on changes to the Polkadot network through the Polkadot governance mechanism. This allows DOT holders to have a say in the future of the platform.