Categories: MarketsMenafn

Manta Co-founder: Polkadot is “Highly Toxic”

The Polkadot blockchain ecosystem is facing criticism over its treatment of projects led by Asian founders. 

Victor Ji criticizes the Polkadot ecosystem as “highly toxic” and reveals discrimination faced by Asian founders, sparking discussions about inclusivity and collaboration within the blockchain community.

Polkadot Faces Criticism Over Asian-led Projects

Ji, who previously led the largest non-DOT TVL and market cap/FDV project within Polkadot, expressed deep frustration with the environment, citing a lack of real value for web3 and a failure to focus on user adoption.

He further reiterates the discrimination Asian founders have encountered in the ecosystem. While the details of this controversy have not been revealed, it has sparked a larger conversation about inclusivity in the blockchain community as Asian project leaders claim they face extra hurdles, raising concerns about the support and funding processes within Polkadot.

Reports suggest these projects encounter unfair practices and a hostile environment, unlike their Western counterparts.

Manta Launches $50M Ecosystem Fund

Starting June 15th, Manta will allocate $50 million for its EcoFund Program to support grants and direct investments. The program aims to foster projects that use zero-knowledge (ZK) proofs, a cryptographic protocol that allows anonymous transactions in cryptocurrencies.

Polkadot, the decentralized blockchain protocol, has announced an upcoming Ledger-based mobile app for DOT users. According to an X post on June 28, the new app will integrate Ledger, allowing users to access the Polkadot ecosystem.

After an almost unanimous vote from the Polkadot community, the Polkadot team took to X to announce that the proposal for the JAM Protocol Upgrade was approved. This announcement comes after the platform recently celebrated its fourth anniversary.

Jerry Rolon

After working for 7 years as a Internet Marketer, Jerry now aims to explore the journalistic side of Internet. With his impeccable knowledge in this domain, he churns out some of the best news articles from the internet niche. With respect to acedamics, Jerry earned a degree in business from California State University.

Recent Posts

Sunny Mining Unveils Weekend Incentive Contracts for Short-Term Crypto Profits

Los Angeles, California, 22nd August 2025, ZEX PR WIRE, As digital assets gain increasing attention,…

3 days ago

Price pullbacks are no longer the end: APT miners help XRP investors lock in daily gains

Los Angeles, California, 22nd August 2025, ZEX PR WIRE, After XRP once again fell below…

3 days ago

Irys Raises $10M Series A to Unlock $3 Trillion Data Economy With First Programmable Datachain

CoinFund-Led Round Accelerates Institutional Adoption of Infrastructure For Datachains London, UK, Aug 22, 2025, ZEX…

3 days ago

BJMINING Attracts Thousands of New Users Amid Crypto Rally, Delivering $7,000 Daily Returns

London, UK, 22nd August 2025, ZEX PR WIRE- With the launch of Bitcoin and Ethereum…

3 days ago

XRP holders cash out $5,777 per day through secure blockchain cloud mining.

Start your journey to wealth with one click. Miami, Florida, 22nd August 2025, ZEX PR…

3 days ago

PlanMining Helps XRP Investors Earn $8,800 in Passive Income Daily

London, England, 22nd August 2025, ZEX PR WIRE, In today’s volatile cryptocurrency market, maintaining asset…

3 days ago