Polkadot exposes ‘preliminary parachain offerings’ to counter conventional IPOs
In 2017, the blockchain area experienced the increase of preliminary coin offerings, and while the ICO structure rapidly brought in billions of dollars in endeavor capital, the technique was flawed, as any financier might get involved by sending out cryptocurrency to a task that had absolutely nothing to reveal for in terms of evidence however a site (and in some cases a white paper). In 2019, the blockchain area saw the advancement of preliminary exchange offerings, or IEOs.”Polkadot is a procedure of procedures where the Relay Chain offers layer-zero security and interoperability, and all the parachains connected run as sovereign layer-one blockchains.