Digital Finance Group will allocate $ 20 million for the development of Polkadot

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Funding for the Polkadot ecosystem was supported by the Digital Finance Group (DFG) venture capital fund.

James Wu, investor and founder Digital Finance Group, believes that innovativePolkadot's approach to combining private and public blockchains, oracles and other high-tech solutions could drive the massive adoption of blockchain technology.

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The Foundation will support the development of applications for the Polkadot ecosystem and will contribute to its growth.

According to Wu, Polkadot has three main advantages:

Polkadot has joined an already strong and mature market by attracting experienced and knowledgeable investors.
Polkadot's application architecture protects the ecosystem from compatibility and scalability issues that earlier projects like Ethereum could not avoid.
Polkadot's focus is on the interoperability of different blockchains rather than application integration.

Digital Finance Group (DFG) - institutionala venture capital company that actively supports blockchain development. The firm has already invested over $ 550 million in blockchain projects, including Cosmos, Ethereum Classic, Ethereum, Near, Solana, and Avalanche.

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