What is Polkadot?
Polkadot is a blockchain protocol designed to support multiple chains within a single network. It aims to overcome a problem in the current blockchain landscape: hundreds of blockchains exist in isolation and have little ability to communicate.
People find value in DOT because it promises to provide significant interoperability between a number of blockchains, while also highlighting the benefits of sharding. Despite the Polkadot project being worked on for years, it was just launched and still has a long way to go to catch up with a number of cross-chain competitors.
What are the use cases of DOT?
There are many different use cases for Polkadot parachains, including transaction chains, oracle chains, identity chains, file storage chains, data curation chains, IoT chains, finance chains, and privacy chains.
Over 25 projects are building on Polkadot, including Chainlink and Ocean Protocol.
Where can you buy DOT?
DOT, is now available for instant purchase via trading or on Liquid Buy and Swap, where Visa cards are accepted globally. Currently, available trading pairs are DOT/BTC, DOT/USDT.