Is Polkadot the next FTX? $87M spending spree, racism claims, and user backlash
In summary, Polkadot has been facing criticism for prioritizing marketing efforts over usability, liquidity, and developmental challenges. This approach has eroded trust and diverted funds from crucial areas, potentially putting the project at risk of fading into obscurity like EOS and Tezos. Moreover, financial mismanagement, as seen in FTX’s collapse, is a concern for Polkadot, … Read more