Polkadot ecosystem experiences growth in funding, analytics, and engagement

From Investing.com

September 12, 2024 2:24:19 pm:

Hyperbridge, a blockchain company, secures $2.5 million in funding from Web3 Foundation and Scytale Digital to utilize Polkadot’s architecture. They also raise $2.7 million through a crowd loan, becoming the most successful campaign on the network. Hyperbridge focuses on cross-chain interoperability using zero-knowledge technology.

The Tie introduces a Polkadot Ecosystem Dashboard for institutional clients, offering analytics on Polkadot assets. This allows users to monitor network performance and explore projects in the ecosystem for informed decision-making. The platform provides a comprehensive view of the dynamics within the Polkadot network.

Dune expands its data coverage to include over 50 Polkadot parachains, offering real-time insights into onchain activities. Users can analyze transactions, DeFi activity, gaming developments, and NFTs on major parachains like Moonbeam, Acala, Phala, and Mythos. Dune’s expanded coverage provides a detailed view of the ecosystem.

Kampela becomes the first company to secure full funding through a DAO on the Polkadot network for its NFC hardware wallet. The wallet does not require wired charging or a battery. This funding supports Kampela’s innovative approach to crypto hardware.

EasyA, a web3 education app, surpasses one million downloads on iOS and Android, with over 100,000 developers learning about Polkadot. Founded by Phil and Dom Kwok in 2020, EasyA is a valuable resource for developers, driving increased engagement on the Polkadot network.

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