PolkaBridge July, 2023 Recap

PolkaBridge
3 min readAug 9, 2023

Welcome to the July 2023 edition of the PolkaBridge monthly recap! As we reflect on the past month, it’s evident that July has been a period of dynamic progress and innovation for PolkaBridge in the realms of decentralized finance and blockchain technology. Let’s delve into the comprehensive highlights that defined our journey in July:

Unveiling the New Roadmap

July marked a significant milestone as PolkaBridge proudly unveiled its highly anticipated new roadmap. This meticulously crafted roadmap outlines a strategic course for the future, highlighting four distinct stages that encapsulate the project’s progressive vision:

  • Testnet/Mainnet Phase: An integral stage dedicated to advancing cross-chain automated market maker (AMM) technology, a cornerstone of PolkaBridge’s ecosystem.
  • Targeting Big Exchanges: Ambitious plans to secure listings on major exchanges, fostering broader accessibility and visibility for the project.
  • Building PolkaBridge AI Blockchain Platforms: Harnessing the power of artificial intelligence (AI) to elevate platform performance, streamline processes, reduce costs, and enhance user experience.
  • Building the DeFi Ecosystem: A commitment to cultivating a robust and interconnected DeFi ecosystem, fostering growth and innovation.

Strategic Partnership with HyperGPT

PolkaBridge solidified a strategic partnership with HyperGPT, a trailblazer in AI solutions for the blockchain and crypto sphere. The collaboration promises groundbreaking advancements and new avenues of innovation within the industry.

Empowering Scalability with LoopNetwork: A monumental partnership with LoopNetwork, celebrated for its exceptional scalability, speed, security, and affordability, further fortifies PolkaBridge’s ecosystem and paves the way for enhanced capabilities.

$PBR Buyback Strategy and Beyond

Demonstrating proactive financial management, PolkaBridge executed a successful buyback of over $300k worth of $PBR tokens at an average price of $0.041. The upcoming token burning plan and the imminent announcement of the PolkaBridge 2.0 development roadmap are eagerly anticipated milestones.

Twitter Spaces & Live

PolkaBridge engaged in insightful Twitter Space and live sessions with industry leaders:

BullBear AI’s exploration of “Unleashing Layer-2 & AI: The Future of Blockchain | AICHAIN” illuminated the path forward.

Unilend’s discourse on “Bitcoin ETFs” provided valuable insights into the evolving landscape.

PolkaBridge Joined Mises for a twitter space

The Binance live session with hook protocol delved into “Web3 Launchpads: Accelerating Decentralization and Project Success”, fostering meaningful discussions.

Enhancing NFT Marketplace with Curate

The partnership with Curate introduced a game-changing zero fees and gasless marketplace ecosystem for NFTs, enhancing accessibility and convenience for users.

Elevating Web3 Browsing with Mises

PolkaBridge’s collaboration with Mises, creators of the world’s premier fast, secure, and extension-supported mobile Web3 browser, augments mobile browser extensions support, enhancing the overall user experience.

July 2023 undeniably marked a chapter of remarkable growth, strategic collaborations, and innovative strides for PolkaBridge. As we navigate the exciting path ahead, stay tuned for an unfolding narrative of progress, empowerment, and technological excellence in the world of decentralized finance and blockchain technology. We eagerly anticipate sharing more transformative updates in the months to come!

About PolkaBridge

PolkaBridge is a decentralized all-in-one financial applications platform. The PolkaBridge ecosystem is expected to include cross-chain AMM, Farming, Lending, Fundraising platform (Launchpad), Prediction, NFT, and more. All products will be developed with Polkadot in the center.

❇️ Website: https://polkabridge.org

❇️ Farming https://farm.polkabridge.org

❇️ Staking https://stake.polkabridge.org

❇️ LaunchPad https://launchpad.polkabridge.org

❇️ Swap (AMM) https://swap.polkabridge.org

❇️ Twitter: https://twitter.com/realpolkabridge

❇️ Medium: https://medium.com/@polkabridge

❇️ Github: https://github.com/cyclese96

❇️ Telegram Channel https://t.me/polkabridge

❇️ Telegram Group https://t.me/polkabridgegroup

❇️ Discord https://discord.gg/G3NDrcq6GW

❇️ Reddit https://www.reddit.com/r/polkabridge_official

❇️ CoinMarketcap https://coinmarketcap.com/currencies/polkabridge

❇️ Coingecko https://www.coingecko.com/en/coins/polkabridge

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PolkaBridge

The first decentralized bridge between Polkadot platform and other blockchains