• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Criticism of Polkadot Ecosystem by Manta Network Co-Founder

user avatar

by Giorgi Kostiuk

2 years ago


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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

US Lawmakers Explore Tax-Free Bitcoin Payments

chest

US lawmakers are exploring how Bitcoin can be used for everyday payments without triggering capital gains tax.

user avatarSon Min-ho

Culper Research Disputes Tom Lee's Optimism on Ethereum

chest

Culper Research disputes Tom Lee's optimism on Ethereum, arguing that recent activity spikes are misleading and could indicate a potential death spiral for the platform.

user avatarAyman Ben Youssef

Culper Research Takes Short Position on Ether Amid Economic Concerns

chest

Culper Research has taken a short position on Ether, citing concerns over Ethereum's economic outlook following the Fusaka upgrade.

user avatarTando Nkube

CFTC and SEC Join Forces to Regulate Crypto Markets

chest

The CFTC and SEC are collaborating on Project Crypto to create a unified regulatory framework for crypto markets, aiming to clarify jurisdictional boundaries and foster innovation in the U.S.

user avatarKofi Adjeman

Ethereum ETFs See Major Inflows as Market Recovers

chest

Ethereum-based ETFs recorded their best single-day performance in nearly two months, with inflows of $169 million on Wednesday, indicating a potential recovery trend for Ethereum and related investment products.

user avatarNguyen Van Long

SEC and CFTC Submit Proposals to Regulate Crypto and Prediction Markets

chest

This week, the SEC and CFTC have submitted proposals to the White House to regulate the crypto industry and prediction markets.

user avatarKofi Adjeman

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.