4min chapter

Smart Friends cover image

#014 Dan Reecer: What Is Polkadot And Why It’s The Future of Web3

Smart Friends

CHAPTER

Par Chain Slot Auctions - What's the Auction Mechanism?

Auction mechanism for ye ye im is similar to a house auction. Teams bidding with their own dot will get crowd funded by the community. Whoever has the highest bid in auction number one after seven days, on wed Wednesday, earns the right to launch on pokedot.

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