Polkadot Profile (DOT)
Project Safety Score
Thu, Dec 2, 2021 2:18 PM
Polkadot is a platform that allows diverse blockchains to transfer messages, including value, in a trust-free fashion; sharing their unique features while pooling their security. In brief, Polkadot is a scalable heterogeneous multi-chain technology. Polkadot is heterogeneous because it is entirely flexible and makes no assumption about the nature or structure of the chains in the network. Even non-blockchain systems or data structures can become parachains if they fulfill a set of criteria. Polkadot may be considered equivalent to a set of independent chains (e.g. a set containing Ethereum, Ethereum Classic, Namecoin and Bitcoin) except with important additions: pooled security and trust-free interchain transactability. Many of the native parachains of Polkadot will be written using a Polkadot Runtime Environment SDK (e.g. Parity Technologies' Substrate).
Read more in the whitepaper:
Polkadot Project Statement
Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.
Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.
Polkadot Safety Report
Polkadot has a safety score of 8.26
Polkadot is a large cap coin.
Polkadot is suited to a adventurous investment style.
This profile has enough data to perform a thorough analysis. But any missing data will have a negative impact on the overall rating.
- bitcointalk thread
- tradingview profile
Polkadot Red Flags
There are currently no Polkadot red flags.
Polkadot Development Score
The Polkadot project has 98 active source code repositories.
The most recent commit was Thu, Dec 2, 2021 1:47 PM
- 796 Watchers
- 2173 Stars
- 1494 Mentionable Users
- 0 Vulnerabilities
- 260 commits in the last 28 days.
- extremely high stars
- very good watchers
- extremely high mentionable users
- extremely high repo stars
- daily repo updates
Polkadot Sentiment Score
The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!
The more articles that are available to analyse, the more confident we can be about the score. If there is not a lot of data available on the internet to use, this should be a redflag as it can indicate that no one is posting or writing about this project.
- A good collection of articles to be confident of the sentiment
- The overall sentiment is very positive
Polkadot Community Score
The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on Polkadot?
The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.
Overall Polkadot has a strong community, posting and creating lots of content across the internet on social media, forums, blogs and websites.
- extremely high reddit articles
- extremely high hashtag tweets
- extremely high gitHub account watchers
Polkadot Awareness Score
The awareness score indicates how well Polkadot is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the Polkadot is but a good measure of longevity is how well the project is known by the general public.
Overall Polkadot this project is has some exposure in the wider population. In general as the project grows the community score will increase or if the community looses interest then it can of course decrease.
- very high number of headlines about Polkadot
- average search result total
- good number of news articles mentioning Polkadot
- below average number of Polkadot YouTube videos
Polkadot Credibility Score
The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?
- Growing project age (released Aug 19, 2020)
Polkadot Volume Score
The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag
- very high USD 24hr volume
Red flags come in all shapes and sizes
At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.
You expect a level of transparency and professionalism from a project that is asking for your money.
There are all sorts of red flags which you should be weary of;
- 404 (missing) websites
- Expired SSL certs
- Malware/Hijacked sites
- Suspended Twitter accounts
- Private Subreddits
- SEC investiations
If you spot anything suspicious/resolved then please let us know.
Polkadot Red flags
No red flags
No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.
How complete is this profile:
A few missing data points
This profile is still waiting for the following data points
- bitcointalk thread
- tradingview profile
Market Cap Rank:
Bulls v Bears:
Here’s What’s Next for Polkadot, The Sandbox and Three Low-Cap Altcoins, According to Crypto AnalystSun, Nov 28, 2021 11:15 AM
Crypto Correction Deepens: Market Cap Below $2.5 Trillion, Ethereum Amid $4K Again (Market Watch)Sun, Nov 28, 2021 10:15 AM
Strained Again: New COVID Variant Causes Worst Market Sell ...Sun, Nov 28, 2021 9:15 AM
Crypto investment firm DFG contributes 200,000 DOT to Efinity’s crowdloan on PolkadotSat, Nov 27, 2021 3:15 PM
Polkadot needs a nudge from Bitcoin, but how long is the waitSat, Nov 27, 2021 1:15 PM