Polkadot: Should I buy it? Is DOT worth it? A detailed study and Price Prediction out to 2025

InvestAnswers
https://www.patreon.com/InvestAnswers #Polkadot #DOT #DotPricePrediction #Cardano #Ethereum Welcome to the Polkadot InvestAnswers AltCoin Deep Dive and 2025 Price Predictions 0:00 Intro 0:20 The opinions expressed in the video are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security or investment product. It is only intended to provide education about the financial industry. 0:30 IA Token Valuation Process What It Does How it Plays Industries That It Can Disrupt Ranking Growth Value Props/ Messaging Tech & Developers Ecosystem Longevity Price Prediction 2:00 Gavin Wood – former co-founder of Ethereum and ETH CTO Vision was for a heterogeneous multi-chain framework Focus is to support decentralization of the web ‘Web 3.0’ – Web 1.0 Commerce 2.0 Social First test was “canary” Kusama network that is independent of Polkadot but runs on early, unaudited versions of Dot 3:00 Background & What it Does End game is to enable Web 3.0 A fully disintermediated and decentralized internet! Enables separate blockchains to communicate with one another All chains can run at the same time securely and in a scalable manner 4:00 Background & What it Does It is an integration methodology and can handle events across multiple blockchains eg a Smart K on ETH triggered by an Oracle (Chainlink) triggers a payment on BTC network and demands to be paid in Litecoin. 4:30 Polkadot Example 5:30 How it Plays Sharded multi-chain network Sharded architecture breaks up the network into individual shards Coordinated by a central Relay Chain that processes data and transactions on several chains in parallel, known as Parachains You earn 3 ways: 6:30 Polkadot focuses on enterprise and business-to-business financial applications that require bank-level security and stability + other apps 7:00 Scorecard Ranking 8:00 Growth Opportunities PROBLEM STATEMENT: Blockchains function as separate islands of data with little way of leveraging the information the other networks possess. 9:00 Polkadot tackles key issue of blockchain interoperability Able to communicate information from private blockchains to public networks and vice versa Introduces a new era in scalability, interoperability, and security 11:00 Value Propositions 12:00 Technology and Developer Community Over 2,600 developers sit in the Substrate Technical channel, nearly tripling from less than 1,000 at the beginning of the year 13:00 Ecosystem 15 This is a quick overview of Polkadot Ecosystem! Key partners across all key areas of Oracles, DeFi, SmartK’s, Privacy, Scaling, Wallets, Gaming and more. Polkadot’s founder, Gavin Wood, first introduced the cryptocurrency via a whitepaper in 2016 At the end of 2020, Polkadot began trading With such a short history, Polkadot doesn’t have a track record for comparison, making it a riskier investment for potential buyers Longevity and Track Record 13:30 Let’s look at supply: No maximum supply Inflationary (unlike BTC) Just over 1 billion in issuance 14:00 Price Prediction Follow ETH model would take DOT up to the .024 Ratio Price level would be 2.59 x 36.46 Max Price = $94.57 Price Prediction DOT:ETH Ratio Closest Peer is ETH 200BN or 40% of ETH market cap is possible Mkt cap is 182.4/34*36 = $193 5.36x from here Price Prediction 40% ETH Market Cap Many expect DOT capitalization will overtake Ripple (XRP) and Binance Coin(BNB) Conservatively saying it can catch up to BNB performance this year it would take us up from 343% gain to 1581% or a 4.6X = $165 Cap today at 3x Price Prediction vs BNB Based on conservative growth rates on top of year-end consensus estimates Conservative Price Predictions According to the latest long-term forecast, Polkadot price will hit $50 by the end of 2021 and then $100 by the end of 2022. Year Year-End Price 2021 Based on all models including conservative growth rates it could bring us to a $303 price by 2025 or a 8x from here Average of all Price Predictions – DYOR!!!!!! According to the latest long-term forecast, Polkadot price will hit $50 by the end of 2021 and then $100 by the end of 2022. Conservative DOT:ETH 40% ETH BNB Perf AVGS Year The Swiss-born “blockchain of blockchains” is often said to be an Ethereum killer If you value staking rewards, then you will like Polkadot (DOT) Could it be the next 10x altcoin – the Polkadot ecosystem is impressive Based on all models including conservative growth rates it could bring us to a $303 price by 2025 or a 8x from here We are very early – but have 350 projects far more than ADA Far more proof of concept is required. No smart contracts yet ETH is still the safer play – for now! WHERE TO BUY: Coinbase, Binance and Kraken Polkadot JS Wallet to users for free. Ledger Nano S or the more advanced Ledger Nano X Patreon.com /InvestAnswers Want more? (you know what to do!)