Potential projects building on Polkadot should take a look in 2020 -2021_Phala Network

Potential projects building on Polkadot should take a look in 2020 -2021_Phala Network

Today I start writing a series of potential projects that are being built on the Polkadot ecosystem. The aim is to provide an overview of projects so that you have the best investment choices.

In general, the projects that are building on the polkadot ecosystem are developing well. All projects have a long-term vision, a strong development team, enthusiastic about the project's idea. Currently there are hundreds of projects developing on the Polkadot ecosystem.

In this series, I am only writing about the projects which have targeted and intentions attend to the Parachain Auction, which I have received a strong affirmation from the project. 

In this the first article, I would like introduce some projects which already listed on exchange , the first one is PHALA Network. 

Phala Network is a Substrate-based confidential smart contract blockchain on which you can develop confidential-preserving and privacy-first blockchain apps. Member of Substrate Builders Program starting lineup. Recipient of Web3 Foundation Grant.


a. Socials channel : 

Website : https://phala.network/ 

Telegram : https://t.me/phalanetwork more than 3k9 active members

Twitter : https://twitter.com/PhalaNetwork more than 7k4 followers 

Discord : https://discord.gg/4dmf8mh9  

Forum : https://forum.phala.network/ 

b. Token economics:

- Private sale price: $0.01
- Total supply: 1 b
- Circulating supply: 137 m
- Distribution: 70% mining, 15% private sale, 9% Polka-ecosystem airdrop, 5% team. 1% community
- Contract: 0x6c5ba91642f10282b576d91922ae6448c9d52f4e


c. Partnerships : Phala Network team are working hard and have a lot of partnership with many project such : 

Phala partner with Bluzelle ; Phala partner with Bondly.Finance ;  Phala partner with Reef Finance; Phala partner with Plasm Network; Phala partner with Maskbook   More can find here : https://medium.com/phala-network   

d. Roadmap: Phala just released Phala Roadmap Mainnet and Parachain Auction:   https://forum.phala.network/t/phala-roadmap-of-mainnet-and-parachain-auction/1148

Phala on Coingecko : https://www.coingecko.com/vi/ty_gia/phala-network 


Exchange : Phala already listed on Huobi exchange, Gate.io, BKEX, MXC

e. Parachain Auction : Yes, I have received strong confirmed by the team that is the big target of the project. They will join both KSM auction and Polkadot auction, feel free join the forum discussion : https://forum.phala.network/t/phala-ipo-strategy-on-polkadot-parachain-slots-auction/1083/4 

f. Current progress : Phala Testnet Vendetta Is Live , you can join to get some PHA reward,  detail here :  https://medium.com/phala-network/phala-testnet-vendetta-is-live-57089f4657cc

This project will play an important role in the polkadot ecosystem, It very huge if the project win the slot for Parachain which It is the project's long-term commitment to their communities. 




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Polkadot Ecosystem
Polkadot Ecosystem

Writing hidden gems project on Polkadot Ecosystem such project PhaLa Network, Plasm Network, Acala Network, Kylin Network ..more will be discovered.

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