Learn more about Acala at http://acala.network/ and on our social channels 👇
Learn more about Karura at http://acala.network/karura
Dan Reecer: https://twitter.com/danreecer_
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This guy looks like one of my first hosts I used in LIV Nightclub Miami. This is a sign to go all in DOT.
Another question. Can you make a video that dives into what happens if a established parachain end up loosing an auction the 2nd time?
Could one coin get big enough and buy up all of the slots?
Im asking because what if other projects keep out bidding you?
Would that destroy and established project? If they had to turn into a para thread?
Also, is the only cost of winning the parachain slot the cost of staking?
After a coin wins the auction. The only payment that is paid to dot or KSM is just staking?
Pretty much with how much KSM will go up in value. 2-3yrs from now. The orginal staked value of KSM will increase so much. It will grandfather in orginal coins because of how much KSM will cost 2-4yrs from now newer coins will never be able to out bid an orginal
Hey Dan, love your work! I would love to have you onto the show! Congratulations on all of your success! Good Vibes Always!
thanks, where do I find an overview over the next crowdfunds begin?
What happens if karura can't get another crowd loan, or are not able to self fund for another crowd loan. Will karura die?
One of the top gainers on #MEXCExchange under innovation zone is $TITAN, hourly chart is looking bullish maybe it will hit $0.0000025 price soon trade it here https://www.mexc.com/exchange/TITAN_USDT
Dan is legend
Just so I'm understanding you right; if the bid wins and the funds get locked in for the duration, the DOT/KSM are considered staked and therefore I would earn more DOT/KSM as well as I would earn native token for contributing. Is this correct?
What does a contributor get?
Not explained clearly
thank you, that was excellent
i understand the auctionn process explanation. But I still don't get what we need to get ready to buy – what's next? how to join these crowdloans?
The vidéo en french is possible ?
very good video thanks KSM going to 10k this year
This is ingenious.
So if you take part in a crowd loan for Karura and contribute, for example, 100 KSM if Karura wins you would receive 100 KSM worth of Karura and your KSM would be locked away for whatever time period stated and you'd get it back in the end?
thanks for the video, helps clear all that up a good bit
Thanks for the summary Dan. I don't know if I missed this but, what happens if you support a team that does not end up being the winner of a slot. Is the KSM DOT automatically given back?
Do you know which video would be great to have? A video that concretely shows the process, step by step, "how to contribute to the crowdloan" for community members …
It would be possible?
Tnx Dan, very helpful!
Hey guys. When will the Karura / Acala crowdloan event begin? thanks
This was great, thank you! It’s a LOT to take in so I’m watching it again to really get a better handle on how to best work with DOT and KSM as more projects keep getting built out. Please keep up the great work, sub’d!
everything is on the level, I have been following the project for a long time, but I did not get the invent code.
What platform does this all take place on?
when can i crowdloan? and how many ksm will you need?
But when will the auctions take place??
Seria muy positivo un representante para el idioma español latinoamericano de karura
Tcl was hur first ya dunce
like what I'm hearing.
Hello, you are a very good storyteller. Tell me I'm a fan of Polkadot and dream of participating in Akala Network, who can participate? Any member or whoever made it to the Whitelist?