What is the polkadot token (dot)?

The Polkadot token (DOT) serves two main functions within the Polkadot network: it’s a governance token, which allows holders to have a say in the future of the protocol, and it’s used for staking, which is the way the Polkadot network verifies transactions and issues new DOT.

What is the polkadot ICO?

The initial coin offering of Polkadot’s DOT cryptocurrency is something which is still vividly in the memory of many veterans in the cryptocurrency space and certainly for the Polkadot team. The DOT ICO took place in October 2017 and raised over 145 million USD in Ethereum. A snapshot from the Polkadot ICO. Image via Trustnodes

What is the polkadot protocol?

The Polkadot protocol is designed to allow unrelated blockchains to securely talk to each other, so that value or data can flow between, say, the Ethereum and Bitcoin blockchains without any intermediary.

Is Polkadot (dot) a good investment?

Currently, the Polkadot coin (DOT token) is in the top cryptocurrencies, ranking at no.7, with a market capitalization The market capitalization (or market cap) of a cryptocurrency is a measurement of its market value. In other words, it...