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143 lines
3.0 KiB
143 lines
3.0 KiB
---
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Alias: ["Polkadot (DOT)", "DOT"]
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Tag: ["Infrastructure", "Bridge", "Investment"]
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Date: 2021-08-17
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DocType: "Investment"
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Hierarchy: "NonRoot"
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TimeStamp: 2022-01-14
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location: [47.1644093,8.5153325]
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Investment:
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Type: "Crypto"
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Style: "Growth"
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Stage: "Scale-up"
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Ccy: USD
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Trading:
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PDate: 2021-03-15
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PPrice: 34.52
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LPrice: 27.21
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CollapseMetaTable: yes
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---
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Parent:: [[Crypto Investments|Crypto Investment]]
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---
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```button
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name Edit Investment parameters
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type command
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action MetaEdit: Run MetaEdit
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id EditMetaData
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```
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^button-DOTInvEdit
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```button
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name Save
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type command
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action Save current file
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id Save
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```
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^button-DOTInvSave
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# Polkadot
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```ad-abstract
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title: Summary
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collapse: open
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Polkadot provides interconnectivity between Blockchain networks, that are otherwise close-end computing networks. It is a favourite of the industry, solving a major problem for developers willing to offer services across different blockchains.
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The project is also supported by the European Commission.
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```
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```toc
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style: number
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```
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---
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### Investment thesis
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Most projects requiring cross-blockchain capability, including [[Enjin]], are turning towards Polkadot as a early Bridge provider within the Blockchain environment. This firat-mover position is benefitial for the project, its token and its investors.
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The upside in the token value may be limited but the project's token may be a good target for Institutional investors looking to diversify away from BTC/ETH, seeking relative safety and a low-volatility price appreciation.
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---
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### Risk profile
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<mark style="background:yellow;color:black">Medium risk</mark>
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The project is now very visible and relatively mature compared to the whole industry. It already has a high recognition within the industry and will benefit from projects looking across Blockchains.
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The main risk today lies in the supply side and so-called Inflation, which in the Blockchain world, relates to token origination without counterparty (i.e. money printing). Today's rate is 8% p.a. which is high and deters traditional Investors.
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---
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### Tokenomics
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```ad-product
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title: Price update
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DOT:USD price = 27.21, volume = 8,755,718.32, change = 0.00 on 2022-01-14T17:43:02
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```
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DOT is the utility token of the Bridge and will therefore benefit from traffic, adoption and use.
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The token-holders are incentivised to stake their tokens (15% annualised yield), yet this yield is partially (if not fully) funded by token issuance (8% new token printing p.a.), impacting negatively the price action for Investors.
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---
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### News & corporate activity
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#### Current pipeline
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The project is mature and current pipeline is materialised in the form of partnerships with projects using the Bridge.
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No new Blockchain have been added recently to the Bridge.
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#### Innovation
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N/A
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---
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### Further steps
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Further steps are captured in the [[Crypto Tasks|Crypto task list]]
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