In Brief:
- Astar Network won Polkadot’s third parachain auction.
- Astar collected 10.3 million DOT with the support of 27,100 contributors.
- Acala won the first auction and Moonbeam had won the second one.
The Japan-based Primer Network, Astar, won PolkaDot’s third Parachain auction. Polkadot revealed in a tweet that Astar Network, formerly known as Plasm, collected 10.3 million DOT with the support of 27,100 contributors and won the auction.
Polkadot hosted the first parachain auction in November which was won by Acala, while Moonbeam won the second auction with a contribution of 35M DOT.
Astar will be onboarded at the block 8179200, at the beginning of lease 6 with the other first 5 auction winners.
On the win, Sota Watanabe, founder of Astar Network remarked, “Achieving such a success after 2.5 years of struggling to become a Polkadot parachain is a huge step for us. The main features of Primer will come to life from January. Both the Polkadot ecosystem and Astar will be a crucial part of Web 3.0.”
The multi-chain Polkadot-dApphub, Astar Network, supports Ethereum, WebAssembly, dApp staking and Layer 2 solutions.
The first five winners of the Parachain race will publish their projects on the platform on December 17th. This important event is expected to have a bullish effect on the Polkadot price.
There has been an increase in DOT acceptance among users of late. The reason is that the Polkadot network achieved “sharding” or the existence of parallel blockchains in the network so as to accelerate the speed and efficiency.
