Summary of the Polkadot ICO

tl;dr: the Polkadot fundraiser is done: 485,331 Eth was raised. On the final day the dollar value of 1 Eth was ~ $300.

New contributors will have to wait until the network launches if they wish to purchase dots. The developers have already started to work on the first working Proof of Concept.


The Web 3 Foundation announced the Polkadot DOT token pre-sale on their main website back in July; however, I can’t find the exact date of the announcement. Shortly afterwards I launched the Polkadot Market subreddit and more recently this website.

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Welcome to

Welcome to the newly created Polkadot Market website which compliments our subreddit page. The aim of this website is to cover the Polkadot blockchain with original content while encouraging discussion to take place within our subreddit.

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What is Polkadot?

Polkadot is a heterogeneous scalable multi-chain: the first of its kind. Think of it as a way of potentially connecting multiple blockchains together. The platform hasn’t been launched yet but is under development by the Parity team.

A longer and more thorough understanding of Polkadot can be obtained by reading the Lightpaper [PDF], Whitepaper [PDF], the technical website (see below), and the articles which will appear on this website in the future.

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