SnarkyPuppy

Chart Dashboard: PolkaDot/Kusama ..2021's biggest altcoin story

Long
Charts to Monitor the Rise of Polkadot and Kusama.
The ecosystem prepares to go live end of Q1-Q3 of 2021.


- First Chart = is Dot/ Eth/BTC . For this chart to go up Dot has to outperform both ETH and BTC .

- Top Right = Kusama Vs Dot . . Kusama is overlooked and undervalued. The idea is that Dot will out perform Eth and Kusama will out perform Dot.
*ALL PROJECTS LOOKING TO SECURE POLKADOT SLOTS HAVE TO DEPLOY TO KUSAMA FIRST.. KUSAMA WILL HAVE A FULLY FUNCTIONING ECOSYSTEm 7 - 12 MONTHS BEFORE POLKADOT*

- Bottom right = is Polkastarter. aka "The HEAT CHECK" . . . . This platform is an ERC20 based (soon to be Dot based) Crowd funding platform for Polkadot startups. Great indicator of investor interest (has done 100x this year to date). Demand for the coin is because you have to own 2000 polkastarter tokens to get access to crowdsales.


The thesis:

Short version = Kusama and Dot are going to have rises similar to 2017 Ethereum during this bull cycle. KSM $2k+ and Dot $400+ .. at the same time the coins from polkadot ecosystems will also have high growth potential creating an ICO like frenzy in the Dot/Kusma ecosystem.

Long version =
The polkadot ecosystem has been quietly preparing with 100's of projects ready to vie for slots on the Kusama and Dot base layer chains. Many of the projects have some of the best minds and largest crypto investors behind them. Each of these projects are their own blockchain with their own token and use case... There will be Defi and oracles and data storage etc etc etc. What is about to happen here is the ICO craze of 2021. But with key differences!
1. These projects will be delivering critical usable products at a time when Ethereum is pricing individuals out of the network.
2. Participants will LOAN Kusama and Dot tokens instead of giving them away like ICO's.. so you get the project tokens and also keep your KSM /DOT after a lockup period

= Dot and Kusama will be highly sough after and then locked up for 6-24 month durations... supply will get very thin.

With the bull cycle timing, quality of projects, and general hype . .this has the makings of being an explosive part of this bull cycle as it both solves current problems and feeds into current hype but with strong projects.

Kusama Auctions are end of Q1 2021. So I expect it will pump very hard from Mid Feb into March (seems to have already started). Bonus = many projects are offering separate tokens for Kusama versions of their blockchain . So even more opportunity for investors to get appreciation/airdrops/staking rewards.

FYI PolkaDot and Kusama are not intended to compete with Eth or ADA. Instead Polkadot is a base layer protocol that operates beneath a blockchain like Eth or Ada. Dot and Kusama do not even have smart contracts in their code base.... they will depend on a layer two for that. Just to clear up comparisons you may hear.

Comments

Great post ! Thank you.
Reply
Thanks for your idea here, I did some research into these in January and invested in DOT, I understood that Kusama would be a breeding/testing ground for DOT and that it was envisioned that some projects would just stay on Kusama and some would migrate to DOT as the top tier version for security and performance. I didn't know how the tokenomics would play out though, Kusama was already too high for me in January when I didn't know much about it. I can see the hype for Polkadot is real and at the time of my research their was only one competitor that had better performance which is Elrond so I also invested in them, it's all gone a bit quiet on that front though! Since January there are projects claiming to have better interoperability than all of the popular chains apart from Elrond so that tells me they have something special that hopefully gains traction. Anyway if your not in the race and have momentum you can still lose! I agree that the value will go up when all the Polkadot and Kusama projects launch but the smart contract integration by a third party and the fact that it increases traffic makes me think that the chains that function this way are not the best just the most developed presently and possibly for the near future. The great thing is that this kind of tech can change a lot faster than say the cassette or the compact-disc.
Reply
SnarkyPuppy eNIGMAcHAIN
@eNIGMAcHAIN, it is all about specialization ... having an ecosystem full of individual protocols that do 1 thing extremely well.
Reply
great post thanks. What do you think about ARK Ecosystem ?
Reply
SnarkyPuppy DiegoAlonsoVan-Camp
@DiegoAlonsoVan-Camp, Unfortunately I don't really have any experience using ARK or its testnet so I am not sure what quality or quantity of projects are being built in the ARK ecosystem. I haven't heard much about it but that doesn't mean anything really.
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