Criticism of Polkadot Ecosystem by Manta Network Co-Founder

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI


The co-founder of Manta Network, a project within the Polkadot ecosystem, has publicly criticized the ecosystem for its alleged toxicity and lack of substantial support for builders, particularly Asian founders. The co-founder, who previously led a significant project in the Polkadot ecosystem, expressed a strong aversion to engaging with the Polkadot ecosystem and its team. Describing it as highly toxic and devoid of real value for web3, he emphasized the ecosystem's failure to prioritize users and adoption.

Moreover, the co-founder accused the Polkadot team of discriminating against Asian developers, pointing out skewed grant allocations that favored European and American projects over Asian initiatives. He indicated that Asian founders faced undisclosed discrimination within the ecosystem, a sentiment echoed by others in the Asian founder community.

Criticism extended to the leadership of Polkadot, with the co-founder calling for more substantial support from figures like Gavin Wood to assist builders effectively. He criticized the team for lacking the capacity to provide genuine decentralized support and emphasized the importance of dedicated efforts to support builders within the ecosystem.

Consequently, the co-founder announced that Manta Network would shift its focus away from Polkadot towards other ecosystems such as Ethereum L2, Solana, and Bitcoin. The decision was motivated by perceptions of the Polkadot ecosystem as stagnant, prompting a strategic move to more active environments. The co-founder urged developers still within the Polkadot ecosystem to consider transitioning to more vibrant platforms like Solana, Ethereum, and Bitcoin.

Highlighting disparities in participation, the co-founder referenced the Polkadot Academy event in Hong Kong, dominated by non-Asian attendees despite its location in Asia. He noted the underrepresentation of Asian participants, underscoring broader issues of inclusivity and diversity within the ecosystem.

While committing to deliver on the promised parachain for Polkadot, the co-founder reiterated the pivot towards ecosystems offering greater support. Affirming a dedication to fulfilling existing commitments and continuing innovative projects, he emphasized the imperative of addressing discrimination against hardworking Asian builders, particularly in challenging market conditions.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

Walmart's Stock Plummets After Earnings Report

chest

Walmart's stock fell over 9% after its fiscal second-quarter earnings report showed only a 2.6% increase in US comparable sales, raising investor concerns.

user avatarLuis Flores

New Report Released Based on Primary Source Documentation

chest

The report is based on information released in disclosures at primary source documentation, ensuring that the information provided is accurate and reliable.

user avatarArif Mukhtar

New Report Utilizes Primary Source Documentation for Findings

chest

The latest report utilizes primary source documentation for its findings.

user avatarMaria Gutierrez

Trump Calls for Passage of Clarity Act to Boost U.S. Crypto Market

chest

President Trump called for Congress to pass the Clarity Act to establish federal rules for digital assets and maintain U.S. leadership in the crypto market.

user avatarDavid Robinson

GTA 6 Gameplay Leaks Cause Stock Decline for Take Two

chest

This week, the highly anticipated release of GTA 6 from Rockstar Games and Take Two Interactive has been marred by several gameplay leaks, causing Take Two's stock to decline over 15%.

user avatarAndrew Smith

Coinbase Refocuses Base App Strategy After Initial Setbacks

chest

Coinbase shifts its strategy for the Base App, moving away from social features to focus on trading and AI tools.

user avatarJacob Williams

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.