Tag: open source crypto
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Polkadot's 41-year-old founder, Gavin Wood, has revealed plans to invest $774 million (approximately Rs. 5,800 crores) in the open-source crypto network's development. Wood intends to use the idle native tokens of Polkadot (DOT) — which have seen some recent increase — to support the development. Polkadot is now selling at $1,009 (approximately Rs. 3,246) on October 20, according to the Gadgets 360 crypto price tracker. Wood stated in a tweet that the Polkadot treasury currently has 18,936,300 DOT tokens sitting dormant.