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

Synapse Power Opens Contributor Access to Build the Future of Decentralized AI Compute

Synapse Power invites global participants to contribute computing power to its GPU network—powering the next…

11 hours ago

Franklin Morgan & Associates Successfully Represented in DIAC Arbitration for $113M Award

New York, NY, 1st August 2025, Franklin Morgan & Associates is proud to announce that…

22 hours ago

Mint Miner Launches XRP Cloud Mining Contracts, Opening a Low-Entry, High-Yield Model

New York, USA, 1st August 2025, ZEX PR WIRE, Mint Miner, the world’s leading intelligent cloud mining…

22 hours ago

Moonshot MAGAX Presale Goes Live — Built for Virality, Fueled by Community

California, USA, August 1, 2025, After months of building behind the scenes, Moonshot MAGAX  is…

22 hours ago

Find Mining Rises to the Trend: A Mass Mining Revolution in the $4 Trillion Market

Combining cloud computing with artificial intelligence, Find Mining delivers a secure, efficient, and transparent way…

22 hours ago

XRP has surpassed the $3.60 mark, and Ripplecoin mining allows holders to easily cash in their daily gains.

XRP Enters a Key Breakout Window; Ripplecoin Mining Helps You Start a Crypto Cash Flow…

22 hours ago