Polkadot
The PBA Bali event is now open for applications! Want to learn cutting-edge blockchain technology in a tropical paradise? Don’t miss out!
Starts on August 24.
Full funding (funded by Polkadot OpenGov): Students only need to cover transportation & personal expenses.
Co-organized by: Mandala Chain.
Targeting developers in Indonesia and Southeast Asia, focusing on real-world scenario implementation & local ecosystem building.
You will receive:
Fully immersive teaching, master #Rust / #Typescript.
Participate comprehensively in building the future of blockchain from protocol layer to bottom-layer DApp and entrepreneurial projects.
Learn and co-create with JAM and top builders in the Polkadot ecosystem.
Joining means entering the world’s top Web3 alumni network, with over 1000 alumni actively involved in major projects, including Hyperbridge, Kylix, Mandala, JAM core team, etc.
Suggestion: Complete the PBA-X online course in advance to build a foundation, the course intensity is extremely high, please come with physical strength and focus! Registration deadline: June 27. Apply now: https://shorturl.at/x8y4u
A journey that truly changes your career trajectory starts from the PBA Bali event!
Can DAOs really operate? Gavin indicates that Polkadot has provided the answer!
We use a belief voting mechanism: the longer you lock, the louder your voice.
It’s not about who shouts loudest is right, but who is willing to truly bear the consequences should have more decision-making power.
This is the power of decentralization.
Gavin Wood talked about the success or failure of parachains in a recent interview: "Parachains are not the 'get-rich-quick scheme' kind of success, but a Buffett-style success."
Why? Some projects refuse offers of tens of millions of dollars from other L1s just to stick to what they want to achieve on Polkadot that cannot be done on other chains.
There are teams actually using parachains to replace centralized services, for example: Frequency is building a decentralized social graph, Mythos is handling game assets and digital ownership.
Polkadot does not rely on throwing money to grab projects but builds truly needed technology and attracts the teams that truly need it.
Want to issue meme coins? No need for Polkadot. Want to build the next generation of Web3 applications? Maybe it’s your only choice.
Web3 is not just blockchain; it is a continuation of the personal technology movement from the 1960s!
Jobs once regarded (the Whole Earth Catalog) as a 'spiritual guide'. He wrote: 'Instead of relying on governments and companies, we should shape our own lives. We need tools, not orders.' And Web3 is essentially a digital continuation of this statement: self-sovereignty, verifiability, and permissionlessness.
Gavin Wood proposed Web3 in 2014 not to create a new term but to respond to a deeper technological ideal: 'Giving data to organizations is a failed model. We need a trustless social operating system.'
If Jobs' goal was to 'make personal computers accessible to everyone,' then Gavin Wood's aim is 'to make a digital supercomputer accessible to everyone.'
Apple took 8 years to launch Macintosh, 22 years to launch iMac, and 31 years to launch iPhone. 30 years! What will happen to Web3? What does its future look like? The only thing we can be sure of is that this transformation is driven by those who believe that technology should serve personal freedom, betting in decades.
Check out the latest article from PolkaWorld to learn more (From Jobs to Gavin Wood: Web3 is the next technological revolution of personal freedom!)
The integration of AI and Web3 has taken an important step. Hive Intelligence has now been integrated into Polkadot, providing developers with powerful, real-time, and adaptable access to on-chain data for large language models (LLM).
Through Hive's API, developers can easily build AI-driven dApps, obtain structured blockchain data, and realize advanced functions such as data analysis, behavioral insights, and automated responses—injecting an intelligent engine into the Polkadot ecosystem.
Experience now and start building: http://dashboard.hiveintelligence.xyz
Is Polkadot going to issue a Visa card?! Proposal #1608 shocks the stage —— a non-custodial, globally usable, natively DOT-supported Web3 bank card!
Self-custodial private keys = financial freedom, truly on-chain asset payments issued globally, almost anyone can apply.
Apple Pay & Google Pay go live ready for integration, no card needed when going out.
<1% transaction fee, no need to pre-charge USDC.
Built-in account abstraction + smart contract functionalities.
Fully integrated into the Polkadot App, manage your on-chain wallet and real-world payments with one click.
Initially supporting USDC, more to come!
No need to use treasury funds!
Transaction fees are split 50/50: Polkadot Community Foundation & Baanx (the issuer).
A card that connects on-chain and real-world, Polkadot really wants to bring Web3 into everyday life! This is not just about issuing cards; it's the first domino of the Web3 user experience revolution. https://x.com/Polkadot/status/1932427356620120173
Why are there so few good projects on Polkadot? How can we bring in hundreds of millions of users? Although Polkadot Hub will support contract deployment, and the development experience is much better than in the past, the reality is: developers have to maintain teams and pay salaries; without money, no matter how good the technology is, it won't take off. Thus, a strange phenomenon has emerged:
There are too many projects wanting to raise funds, but there are almost no investors in the ecosystem.
Many projects are willing to give up equity or tokens, but can only apply for grants from the treasury.
But the treasury offers 'unconditional subsidies'; if the project succeeds, the ecosystem benefits entirely, while the treasury has nothing left.
Is there a healthier way? Yes! Max, a partner of HIC, suggested in the latest live broadcast of PolkaWorld that the treasury can also act as an 'investor' besides being a funder!
Project parties want financing and are willing to give up shares.
The treasury funds support and holds a portion of shares or tokens.
After the project succeeds, the treasury can also receive returns, making the cycle sustainable.
Initially could be an early seed investment of $50,000 to $100,000.
Later, establish positive feedback in the ecosystem through DOT repurchases, share appreciation, and other methods.
They are currently planning a proposal hoping to bring the role of investors to the Polkadot treasury and become a catalyst for Polkadot's next round of explosion! Max also stated that Polkadot lacks technology; what it needs are people who dare to invest. Let's start the next round of prosperity for a thousand dApps through 'treasury investment'!
Want to know more opinions? Check out the latest article from PolkaWorld (Should we introduce the role of 'investor' for the Polkadot treasury?)
Recently, the Polkadot governance community has had a series of in-depth discussions around the Decentralized Voices (DV) program. W3F compiled feedback from forums, forms, and private messages, finding that the overall community evaluation of DV shows a trend of "positive recognition + core concerns" coexisting.
✅ The community generally affirms the value of DV:
Enhanced prudence and openness in governance culture.
Stimulated more people to participate and express opinions.
⚠️ At the same time, five key issues are exposed:
Power concentration: for example, 42 million DOT concentrated in 6 wallets.
Lack of accountability mechanism: Representatives make wrong decisions without punishment.
Identity overlap and multiple representation issues.
Lack of 'skin-in-the-game' but unwilling to set too high thresholds.
Governance fatigue: hundreds of proposals each period make individuals and DAOs feel overloaded.
W3F proposed a reform draft: "DV-Light + Reduced DV DAO".
🌟 DV-Light: Composed of 3-8 real-name individuals, with lower voting rights (1/10 of existing DV), participating in voting only when possessing professional judgment. No fixed salary; if the community recognizes their contributions, they can be retrospectively funded through the treasury.
🌟 Smaller DV DAO: Up to 10 DAOs, each DAO has significantly reduced voting rights. Rules include 'one person, one DAO', 'conflict of interest must be avoided', 'two violations result in cancellation of representation'. It is still under discussion whether to introduce a small margin.
🌟 Automatic withdrawal mechanism: As on-chain voting participation increases, W3F’s delegation will gradually reduce, and DV will eventually exit, returning power to the community.
🌟 Community oversight mechanism: If overlapping or self-serving behavior is found among DV representatives, reports can be sent to [email protected], and W3F promises a response within two weeks.
📣 Call for feedback: The following three points are currently the most needed community feedback focus.
Do you think the DV-Light mechanism has value?
After reducing voting rights, what should be the reasonable DOT weight for DAO?
How should the margin mechanism and penalty mechanism be designed to be fairer?
The reform plan will collect community feedback in the next 1-2 weeks and integrate it into the 5th round DV candidate nomination process. W3F stated that this will not be the endpoint, but rather the starting point for continuous iteration: "Governance is never a one-time design, it is a process of continuously refining rough edges."
👉 Want to join the discussion? https://forum.polkadot.network/t/the-future-of-decentralized-voices-our-plan-to-retune-dv/13332
Ecosystem projects.
Big news! FIFA officially authorized blockchain game @FIFARivals is officially online!
Constructed by Mythos based on Polkadot, this is a brand new football mobile game that integrates arcade operation, card collection, and Web3 asset mechanisms:
Build your dream team.
Unleash super skills to dominate the arena.
Every superstar is an on-chain asset, tradable and ownable.
The world's first FIFA authorized blockchain game is waiting for you to start! Now available on iOS & Android! https://x.com/FIFARivals/status/1933180838016876792
Acurast has successfully connected over 85,000 phones, with 8,000 new additions in a single day, setting a new historical high! This is not a Web2 operational miracle, but a real breakthrough in the decentralized computing network of Web3.
Acurast is providing trusted execution and privacy-preserving off-chain computing capabilities for multi-chain ecosystems, including Polkadot. The power of DePIN is being ignited by you and me! Join the network: https://hub.acurast.com
The world’s first machine economy DEX is officially online! MachineX — a marketplace for transactions between humans and machines, built on the peaq network, guaranteed by Polkadot!
You can find it here:
🔁 Permissionless exchange of peaq and DePIN tokens.
💧 Provide liquidity to earn rewards.
🦾 Soon to support tokenization of machines and robots (Machine RWA).
MachineX is injecting real momentum into the machine economy: 1% of each transaction fee will be injected into an incentive pool to subsidize new machines, promote DePIN applications, and expand MachineFi users.
Experience it now: http://machinex.xyz
