Popular blockchain platform, Polkadot has integrated with BSCStation, a decentralized protocol for launching new ideas. The protocol announced the development in its Tuesday Twitter Post. According to the announcement, the integration provides for fundraising options and launch projects based on the Polkadot Chain.
Furthermore, BSCStation noted that the integration aims at reaching multi-aspect goals. As revealed, it will help in opening new opportunities for Polkadot Chain-based projects. Notably, the opportunities includes provision of a robust and efficient platform for incubating and launching token sale campaigns.
BSCStation to harness the increasing decentralization of Polkadot chain
In addition, BSCStation maintained that the new chain encompasses increased decentralization. It added that this decentralization appears beneficial to its launchpad users since it grants them access to Polkadot Chain-based projects. More so, it helps to increase the ecosystem’s value, flexibility, and functionality. Meanwhile, the decentralized protocol revealed that its launchpad is fully prepared and ready to offer fundraising alternatives and unveil projects based on Polkadot Chain.
Founded in 2016 by Dr.Gavin Wood, Robert Habermeier and Peter Czaban, Polkadot runs as a Layer 0 protocol and multichain ecosystem. It helps to support a completely decentralized web3 and serves as the platform for next generation decentralized applications. Further, the protocol is characterized by sharded multichain design which thus allows it to efficiently run on specialized Layer 1 block chains known as Parachains. According to BSCStation, Polkadot chain launched its first ever tranche of multiple parachains last December. Through its unique cross-chain functionality, dApps and Parachains can now integrate each other and interoperate seamlessly.
Meanwhile, BSCStation on the other hand runs as a fully decentralized protocol recognized for launching new ideas. It operates as an all-rounder incubation Hub with a full-stack DeFi platform across all main blockchain networks. Some of its services include IDO/INO Launchpad, Yield farming, NFT Auction, Marketplace, and BSCSwap.
More so, BSCStation aims to offer maximum value to consumers and institutions. It also operates on top of all the main blockchain networks. In addition, the protocol utilizes a Sharing Economy Model for the benefit of profit sharing. Additionally, it helps users to access DeFi platforms in the easiest, safest, and most cost-effective way. According to BSCStation, it runs as the most convenient bridge to connect users and applications products on all main blockchain networks.