We have very significant news to report today - as I'm sure most of you are aware but the Parachains Auction schedule has officially been announced as I said would happen by early June!
The first auction is set to receive bids on June 15th. The full auction schedule of the first 5 parachains is per below:
The schedule can be found right below:
2021/06/15, 12:00 GMT: First Kusama Parachain Slot auction commences. Bids may be placed.
2021/06/17, 09:00 GMT: First Kusama Parachain Slot auction ending period begins. Only bids made prior to this point will certainly be considered in the final result. Bids made following this point have a linearly reducing chance of being considered.
2021/06/22, 09:00 GMT: First Kusama Parachain Slot auction bidding ends. No bids may be made on this auction following this point.
2021/06/22, 11:00 GMT: First Kusama Parachain Slot auction winner selected. The auction winner is determined as the highest bidder at some randomly selected point over the past five days.
2021/06/22, 12:00 GMT: Second Kusama Parachain Slot auction commences.
2021/06/29, 12:00 GMT: Third Kusama Parachain Slot auction commences.
2021/07/06, 12:00 GMT: Fourth Kusama Parachain Slot auction commences.
2021/07/13, 12:00 GMT: Fifth Kusama Parachain Slot auction commences.
https://medium.com/polkadot-network/kusama-parachain-auctions-2e1e02e301c0
This is the most significant news of any crypto project in 2021 - more significant than ETH's EIP-1559 and ETH 2.0 (next year). Parachains on the DOT ecosystem is a scale shift in magnitude as this will bring DOT's processing power from 1K TPS to 100K TPS. This is even faster than Visa's top end estimates of 40k TPS. A fully decentralized blockchain faster than a centralized mega-corporation.
As per the chart my PT for DOT is still $80 by July.
DOT has 2 Exchange Traded Products (ETPs) - one in Switzerland and one just launched in Sweden - and it is my opinion that these were strategically launched prior to Parachains rolling out so institutional smart money could buy before the big rise in price. Fasten your seatbelts DOT is about to melt faces along the way.
Current Trading
DOT is currently in the Golden Pocket 0.618 Fib zone and this is the perfect time to accumulate (golden box). DOT also tested the 0.618 Fib Line (at $20.97) all day yesterday on June 8th and performed well by recapturing it as support.
The first auction is set to receive bids on June 15th. The full auction schedule of the first 5 parachains is per below:
The schedule can be found right below:
2021/06/15, 12:00 GMT: First Kusama Parachain Slot auction commences. Bids may be placed.
2021/06/17, 09:00 GMT: First Kusama Parachain Slot auction ending period begins. Only bids made prior to this point will certainly be considered in the final result. Bids made following this point have a linearly reducing chance of being considered.
2021/06/22, 09:00 GMT: First Kusama Parachain Slot auction bidding ends. No bids may be made on this auction following this point.
2021/06/22, 11:00 GMT: First Kusama Parachain Slot auction winner selected. The auction winner is determined as the highest bidder at some randomly selected point over the past five days.
2021/06/22, 12:00 GMT: Second Kusama Parachain Slot auction commences.
2021/06/29, 12:00 GMT: Third Kusama Parachain Slot auction commences.
2021/07/06, 12:00 GMT: Fourth Kusama Parachain Slot auction commences.
2021/07/13, 12:00 GMT: Fifth Kusama Parachain Slot auction commences.
https://medium.com/polkadot-network/kusama-parachain-auctions-2e1e02e301c0
This is the most significant news of any crypto project in 2021 - more significant than ETH's EIP-1559 and ETH 2.0 (next year). Parachains on the DOT ecosystem is a scale shift in magnitude as this will bring DOT's processing power from 1K TPS to 100K TPS. This is even faster than Visa's top end estimates of 40k TPS. A fully decentralized blockchain faster than a centralized mega-corporation.
As per the chart my PT for DOT is still $80 by July.
DOT has 2 Exchange Traded Products (ETPs) - one in Switzerland and one just launched in Sweden - and it is my opinion that these were strategically launched prior to Parachains rolling out so institutional smart money could buy before the big rise in price. Fasten your seatbelts DOT is about to melt faces along the way.
Current Trading
DOT is currently in the Golden Pocket 0.618 Fib zone and this is the perfect time to accumulate (golden box). DOT also tested the 0.618 Fib Line (at $20.97) all day yesterday on June 8th and performed well by recapturing it as support.
Comment:
Also, we're mere days away from another Buy Signal being produced by the Hash Ribbons indicator - the last time this occurred DOT rose 876% over 164 days.
This should occur sometime in the next week or so imho - once this occurs you will wish you were in DOT as auctions are already scheduled and money will only be going one way in this ecosystem - IN!
This should occur sometime in the next week or so imho - once this occurs you will wish you were in DOT as auctions are already scheduled and money will only be going one way in this ecosystem - IN!
Comment:
After this next hash ribbons buy signal appears, this would place DOT at a PT of $300 (or 876% higher than current prices)
Comment:
DOT auctions will begin as soon as KSM is done with their first auction and an external audit is finished - this is new info from web3foundation - does anyone do original research anymore? The audit is likely being done in parallel and started weeks ago in my estimation.
Read the most recent tweet from Dan Reecer:
"Email from u/web3foundation today confirmed u/Polkadot parachain auction could be very soon: "Once at least *one* auction has successfully taken place on Kusama, parachains are running smoothly, and a full external audit has been completed, parachain rollout can begin on Polkadot."
Source: twitter.com/danreece.../1402354348869439493
Read the most recent tweet from Dan Reecer:
"Email from u/web3foundation today confirmed u/Polkadot parachain auction could be very soon: "Once at least *one* auction has successfully taken place on Kusama, parachains are running smoothly, and a full external audit has been completed, parachain rollout can begin on Polkadot."
Source: twitter.com/danreece.../1402354348869439493
Comment:
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PolkaDot and Kusama Parachain Auctions - The Next Generation Of Token Offerings is Here
www.forbes.com/...erings-is-here/?sh=769a923...
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PolkaDot and Kusama Parachain Auctions - The Next Generation Of Token Offerings is Here
www.forbes.com/...erings-is-here/?sh=769a923...
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polkadot.js.org/apps/?rpc=wss://...