In a strategic move to propel the growth and adoption of Polkadot (DOT), Parity Technologies, the driving force behind the innovative blockchain, made three key appointments to its leadership team on November 25.
By Bhushan Akolkar
Edited by Julia Sakovich
Updated
3 mins read
Polkadot, the blockchain interoperability platform, is entering the world of gaming through a strategic collaboration with Parity Technologies and Unity Games. This partnership facilitates Polkadot’s integration with the game engine that powers popular titles such as Pokémon Go and Call of Duty Mobile.
Unity Games, a leading software development kit (SDK) provider for game developers, commands a substantial 60% share of the mobile gaming market. The collaboration involves Polkadot joining Unity’s verified solutions (VS) program, a pathway within Unity for decentralized networks like Polkadot to earn a coveted spot in the Unity Asset Store.
https://twitter.com/Polkadot/status/1738131367878184984
Unity’s VS program meticulously vets and curates third-party solutions, including SDKs, plug-ins, editor apps, and cloud services. Successful applicants not only find a place in special collections but also stand the chance to be featured in marketing and promotional campaigns within the Unity Asset Store.
By integrating with Unity Games, Polkadot aims to enhance its visibility in the Web3 gaming space. The Unity Asset Store, utilized by over 1.5 million developers, serves as a go-to platform for various applications in the creator economy, ranging from animation to architecture. This collaboration marks a significant step for Polkadot in expanding its presence in the gaming industry.
In a strategic move to propel the growth and adoption of Polkadot (DOT), Parity Technologies, the driving force behind the innovative blockchain, made three key appointments to its leadership team on November 25. This initiative further aligns with Polkadot’s aim to establish itself as a frontrunner in the rapidly expanding interoperable blockchain sector.
Also, the positive impact of these leadership additions was immediately evident in Polkadot’s price trend. From November 25 to December 15, the price of Polkadot (DOT) experienced a notable surge, escalating from $5.32 to $7.55. This surge represents a substantial 41% increase in the price of Polkadot.
The robust performance of Polkadot’s price following these leadership enhancements indicates the effectiveness of Parity Technologies’ commitment to fostering the future adoption and growth of Polkadot. Market analysts anticipate this positive momentum to persist, with the Polkadot price prediction projecting a further surge to $8.01 by December 31.
At press time, Polkadot (DOT) is trading 6.66% up at $8.04 and a market cap of $10.1 billion. This happens as the daily transactions on Polkadot have surpassed the unprecedented milestone of 1,000,000, thus signifying a major transaction surge. This notable achievement sets a new record for the layer-1 protocol, showcasing its capacity for high transaction throughput.
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Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.
