PolkaFoundry - Monthly highlights - May 2021

Let’s take a look at PolkaFoundry’s highlights from May 1, 2021, to May 31, 2021.

1. PolkaFoundry’s product development progress

1.1 PolkaFoundry Substrate-based version

  • Released Halongbay testnet version 0.01 including Staking and Crowdloan features.

  • Integrated ChainBridge into Halongbay Testnet.

  • Prepared crowdloan strategy for upcoming parachain auction.

  • Updated some features for PolkaSmith v0.0.1 including frontier and substrate.

  • Continue to study integration with Chainlink and implement subscan.

  • Updated PEX.

1.2. PolkaFoundry Ecosystem

1.2.1. Red Kite (part of PolkaFoundry)

  • Red Kite is now supporting Coinbase Wallet and BSC Wallet (BSC Network).

  • Simplified email verification process: Users only need to click the Verify Email button and fill in their correct email. No more verification links.

  • Integration of Blockpass into Red Kite for faster and more secure KYC process. Users who passed the KYC process in the last IDO don’t need to do KYC again.

    See details here.

1.2.2 dApp on PolkaFoundry

TeaWork application:

  • Released TeaWork version v1.0.2 at Apple App Store and Google Play Store.

  • Completed the “Employee handbook” feature.

  • Updated types of proposals, including Advance money, Equipment supply, Business trip, Work initiative.

2. Partnership

Currently, NFT businesses are scattered in an increasing number on NFT websites. To create a centralized NFT marketplace for building influential NFT brands and unlock maximum value. PolkaFoundry has cooperated with many partners in May 2021, including:

  • PolkaRare - a multi-chain NFT marketplace powered by Polkadot, Polygon, Ethereum, and Binance Smart Chain. NFT markets built on PolkaRARE benefit from gasless transactions, an NFT price discovery tool, and NFT collateralized loans. These services will be supported by PolkaFoundry’s continuously expanding add-ons, including file storage, identity management, and decentralized Oracle data access.

  • NFTrade - the first cross-chain and blockchain-agnostic NFT platform. NFTrade is an aggregator of all NFT marketplaces and hosts the complete NFT lifecycle, allowing anyone to seamlessly create, buy, sell, swap, farm, and leverage NFTs across different blockchains.

  • Faraland - MMORPG game. During the game, the user will level up and equip his NFT (hero). Then compete with other players by fighting, buying items, learning skills to generate more profit from battles and trading.

  • TribeOne - the first AI-powered decentralized platform providing NFT funding, borrowing, lending, and savings.

Other partners:

  • Red Kite inked crucial partnership with Unilayer launchpad in the upcoming MINTR’s IDO sale. See details here.

  • UnoRe to develop decentralized re-insurance for Polkadot dApps on PolkaFoundry. See details here.

  • PolkaFoundry and Coin98 wallet partnered to leverage the DeFi ecosystem on Polkadot network. See details here.

  • Red Kite and Genpad by Genesis Shards join hand to bring liquidity to pre-IDO projects. See details here.

3. Events and community activities

  • PolkaFoundry announced the IDO calendar and buying instructions for PolkaRare on Red Kite. See details here.

  • Polkasmith and the Kusama parachain slot auction plan of Polkafoundry. See details here.

  • NFTify IDO Whitelist on Red Kite Launchpad. See details here.

  • Gate.io HODL & Earn Program: Lock $PKF on Gate.io to get 50% APR. See details here.

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