2024-07-03
As the founder of the previous largest (non-DOT) TVL and market cap/FDV project in the Polkadot ecosystem, I have to say that we do not want to engage with the Polkadot ecosystem and team at all. It is a highly toxic ecosystem that lacks any real value for web3, and it does not
CoinDesk
Blockchain platform Polkadot faces criticism from users after spending $87M in H1 2024, doubling its H2 2023 spend, including $36M+ on marketing and outreach
The blockchain spent $87 million in the first six months this year, with marketing activities accounting for the majority of expenses.
@gavofyork A concrete example is the Polkadot Academy event held in Hong Kong this February, where less than a quarter of the participants were Asian, even though this was an event in Asia (costing over a million dollars). It was at this event that I first encountered Gavin Wood, and when I
CoinDesk
Blockchain platform Polkadot faces criticism from users after spending $87M in H1 2024, doubling its H2 2023 spend, including $36M+ on marketing and outreach
The blockchain spent $87 million in the first six months this year, with marketing activities accounting for the majority of expenses.
The Polkadot team is incapable and not truly decentralized. If they (@gavofyork and their team) were to spend any meaningful effort supporting the builders on their stack, we would not be as disappointed as we are. Many community members have asked us about the roadmap for our
CoinDesk
Blockchain platform Polkadot faces criticism from users after spending $87M in H1 2024, doubling its H2 2023 spend, including $36M+ on marketing and outreach
The blockchain spent $87 million in the first six months this year, with marketing activities accounting for the majority of expenses.