Polkadot profile
Polkadot Profile (DOT)
Score: 8.26 | Strong
Adventurous Large Cap
Project Safety Score

Thu, Dec 2, 2021 2:18 PM

Score 8.26
Rating Strong
Market Cap $35915412154.314
24hr Volume $1213967450.9202
Price $36.36711665622
Review

Polkadot

coin

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:
https://polkadot.network/PolkaDotPaper.pdf

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.

Full Report

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.


Polkadot Profile

This profile has enough data to perform a thorough analysis. But any missing data will have a negative impact on the overall rating.

Missing Data:
  • 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.
Highlights:
  • 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.

Highlights:
  • 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.

Highlights:
  • 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.

Highlights:
  • 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?

Highlights:
  • 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

Highlights:
  • 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.

DOT
Member Ratings (DOT)

3/5

2 reviews
Ratings and reviews left by our members do not impact the profile score.
foryou21
Mon, Sep 13, 2021 5:26 AM
good
0 0
nothx
Tue, Jun 29, 2021 7:56 PM
Scam
1 16

87.50%

Complete
Profile Status

How complete is this profile:

A few missing data points

This profile is still waiting for the following data points

  • bitcointalk thread
  • tradingview profile
Member Signals

3/5

(2 reviews)
Member Ratings
Market Cap Rank:
9
Voted:
scam
Bulls v Bears:
neutral
Is Trending?
Member signals do not affect the profile score.
Polkadot Reddit
Polkadot Github
Polkadot News
  • Here’s What’s Next for Polkadot, The Sandbox and Three Low-Cap Altcoins, According to Crypto Analyst

    Sun, Nov 28, 2021 11:15 AM

    ...

    read more...
  • Crypto Correction Deepens: Market Cap Below $2.5 Trillion, Ethereum Amid $4K Again (Market Watch)

    Sun, Nov 28, 2021 10:15 AM

    ...

    read more...
  • Strained Again: New COVID Variant Causes Worst Market Sell ...

    Sun, Nov 28, 2021 9:15 AM

    ...

    read more...
  • Crypto investment firm DFG contributes 200,000 DOT to Efinity’s crowdloan on Polkadot

    Sat, Nov 27, 2021 3:15 PM

    ...

    read more...
  • Polkadot needs a nudge from Bitcoin, but how long is the wait

    Sat, Nov 27, 2021 1:15 PM

    ...

    read more...