• 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

BlackRock Introduces ETHB Trust, Opening New Avenues for Ethereum Investment

chest

BlackRock has launched the ETHB Trust, a new investment product that allows institutional investors to gain regulated exposure to Ethereum while also earning staking rewards.

user avatarKofi Adjeman

Ripple's RLUSD Stablecoin Sees Major Supply Reduction

chest

A recent transaction has permanently removed 25 million RLUSD tokens from circulation as part of Ripple's treasury activity.

user avatarNguyen Van Long

Bitcoin Shows Resilience Amid Market Volatility

chest

Bitcoin has outperformed gold and the Nasdaq 100 since the onset of geopolitical tensions, showcasing its resilience.

user avatarSatoshi Nakamura

Institutional Investment in Bitcoin Remains Strong

chest

Institutional investment in Bitcoin remains strong as firms continue to acquire significant holdings despite market turbulence.

user avatarJesper Sørensen

Indicators Suggest Bitcoin May Be Undervalued

chest

Current metrics indicate that Bitcoin could be undervalued, with potential for recovery.

user avatarRajesh Kumar

Cardano's Unique Features Set It Apart in the Blockchain Sector

chest

Cardano aims to differentiate itself from competitors by focusing on unique features rather than user numbers or fees.

user avatarLucas Weissmann

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.